PACE Program

The PACE Fund helps communities expand their economic base by assisting Primary Sector businesses that make an investment or create jobs in their community. Provides financing with interest buydown through a participation loan between a lead bank, Bank of ND, and a community fund.

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Amount

Maximum: $500,000

Resource Provider

Bank of North Dakota

A state-owned, state-run financial institution based in Bismarck, North Dakota.
Resource Type
Grant
Location
All
Purpose
Equipment, Real Estate, Working Capital
Industry
Exporting, Manufacturing, Primary Sector, Tourism, Value-Added
Business Stage
Existing Business, New Business
Deadline
–
Contact
Craig Hanson
(701) 328-5795
craighanson@nd.gov

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