• Growth Capital Program

    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.

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  • Community Development Loan Fund

    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.

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  • Watford City Roughrider Fund

    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.

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  • USDA Intermediary Relending Program (Lake Agassiz)

    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.

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  • Dunn County Revolving Loan Fund

    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.

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  • Crosby Community Enhancement Grant

    The Community Enhancement Funds will provide resources to organizations and communities that are working to create, improve, and strengthen the quality of life by marketing & promotions and enhancing job development through the cultural, historical, recreational, educational, health/fitness and social/ethnic activities in our trade area.

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  • Crosby Commercial Exterior Revitalization Grant

    The Commercial Exterior Revitalization Grant program is geared towards improving the creation and expansion of commercial and retail sectors within the Commercial Districts of Crosby.

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  • Mandan Intermediary Relending Program

    Two separate $1 million revolving loan pools were created in 2007 and 2009 to assist with business start-ups, expansions and retention in Mandan and the surrounding 10-mile radius within Morton County.

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  • Carrington Community Connection Grant Program

    The City of Carrington, through its Economic Development Fund, offers a Community Connection Grant to assist individuals, businesses and public entities in developing projects that improve quality of life in Carrington.

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  • Carrington Work Local Scholarship/Loan Repayment Program

    The City of Carrington, through its Economic Development Fund, offers a Work Local Scholarship/Loan Repayment program to assist businesses in sponsoring youth from the community choosing to go to college or trade school, then returning to live and work in Carrington.

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  • Carrington Commercial Building and Construction or Expansion Grant

    The City of Carrington, through its Economic Development Fund, offers a Commercial Building Construction or Expansion Grant. This grant initiative is being undertaken to support the construction of new commercial buildings or the expansion of existing commercial buildings within city limits to encourage business growth.

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  • Carrington Job Credit Grant

    The Carrington Economic Development Board has created this grant to support local businesses that create new job positions.

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