The Improvement Grant for Childcare Facilities program is designed to help meet our workforce needs for childcare in the Lisbon ND area. By helping improve our current facilities and helping them attain certain needs, we will help give them the tools to increase the capacity of the facility and help give incentives to new childcare facilities.

The Star Fund is intended to provide financing incentives to business activities that desire to expand or locate in the greater Lisbon trade area. The primary purpose of this fund is to expand the financial base of the community by creating new jobs, saving existing jobs, expanding the local tax base, increasing capital investment, improving the entrepreneurial climate and attracting people to the Lisbon Area. Generally, Star Funds will be used to develop private enterprise.

The Pembina County Job Development Authority can offer direct loans in the form of gap financing and can also assist with interest rate buy downs through the Bank of North Dakota’s PACE and Flex PACE programs. Pembina County JDA also offers a Storefront Improvement Grant for businesses improving the facades of their businesses (application needs to be submitted before the work begins).

The City of Fargo has several tax exemptions available for commercial properties.

The Renaissance Zone Program includes two (2) primary incentives, which include the possibility of property tax and income tax exemptions for qualified projects as well as opportunities to pursue historic preservation and renovation tax credits.

Low interest loan programs for new and existing businesses, matching grants for business remodel and sign replacements, incentive funding for existing and new child care facilities, and grant opportunities for qualifying projects that enhance quality of life in the community.

Upon annual renewal of ND Childcare License, existing providers are each eligible for up to $1,000 in annual assistance.

Through the Growth Capital Program the RRCF purchases up to 25% of a commercial loan originated by a lender and subordinates our interest to the participating lending institution, thereby increasing a borrower's lending capability. The participating bank will service the loan as they normally would. A typical loan will be for real estate, equipment or working capital up to $1 million.

The Community Development Loan Fund (CDLF) was established to provide gap financing and equity investment for projects that will create or retain jobs for low to moderate income persons.

This fund is also designed to support future development of licensed child care services, diversifying the local economy through supporting small business starts and expansion and community enrichment, vibrancy and quality of life.

This program supports and encourages business development in rural North Dakota communities. Eligible entrepreneurs can access as much as $250,000 for purchase of real estate, fixed assets, working capital and inventory.

Under this fund, the applicant(s) must be in Dunn County and employ one to 10 people or be a new venture that would be located in and employ people in Dunn County.