Rural Growth Incentive Program

The North Dakota Development Fund (NDDF) manages the Rural Growth Incentive (RGI) Program which provides loans to RGI cities for a qualifying business. RGI cities must have a population less than 2,500 and be certified as a RGI city by the Dept. of Commerce. The city must raise dollar-for-dollar matching funds. A qualifying business must provide an essential service to the city which is determined by the city’s governing body and the Dept. of Commerce.

Grant dollars of up to $10,000 are available to RGI cities for a feasibility study related to an essential business.

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Amount

Maximum: $75,000

Resource Provider

North Dakota Department of Commerce

Lead agency charged with growing our state and improving the quality of life for our people.
Resource Type
Loan and Grant
Location
All
Purpose
Equipment, Real Estate, Working Capital
Industry
Other
Business Stage
Existing Business, New Business
Deadline
Contact
Hannah Lange
(701) 328-7254

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