Start Up Grand Forks Microloan

Entrepreneurs with an idea for a new business that’s not quite ready for conventional financing may qualify for seed funds through the Start Up Grand Forks microloan program that can provide the spark needed to jump start innovative ideas. The program offers a 1 year payment deferral, 3-5 year term, and 5% interest for eligible uses.

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Amount

Maximum: $30,000

Resource Provider

Grand Forks Region Economic Development

With the Grand Forks Region EDC’s assistance, you will have access to incentives, support programs and resources to help your business expansion or start-up to succeed in the Greater Grand Forks region.
Resource Type
Loan
Location
58201, 58202, 58203, 58204, 58205, 58206, 58207, 58208, 58214, 58228, 58244, 58251, 58256, 58258, 58266, 58267, 58275, 58278
Purpose
Equipment, Startup, Working Capital
Industry
Agriculture, Childcare, Communications, Communities, Construction, Energy, Ethanol, Exporting, Finance, Food Service, Healthcare, High Growth, Hospitality, Information Technology, Manufacturing, Other, Primary Sector, Professional Services, Real Estate, Retail, Tourism, Transportation, Utilities, Value-Added
Business Stage
Existing Business, New Business
Deadline
–
Contact
Keith Lund
(701) 746-2722
keithl@grandforks.org

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