A state-owned, state-run financial institution based in Bismarck, North Dakota.
Business Acquisition, COVID-19, Debt Refinancing, Equipment, Hiring & Recruitment, Inventory, Leasehold Improvements, Other, Real Estate, Renovation to Real Estate, Research, Sales Tax, Startup, Working Capital
The AMP will match any convertible debt or direct equity investment into a primary sector company headquartered in ND up to $250,000. The AMP must receive the same terms as the matched investment. The matched investment must be a private source of capital.
The Growth Fund program was established in 2021 with levied funding from the Mountrail County Commission. The Growth Fund enhances the county’s financial toolbox to serve new and existing businesses needing access to capital.
The Horizon Grant program was established in 2021 with funding from the Mountrail County Commission. The JDA Board of Directors will establish funding priorities annually. See program policy for more information.