Business assistance made easy in Bismarck-Mandan
Economic and community growth often hinge on the ability of businesses to expand and adapt to numerous factors. The ability to finance those new plans can often be a limiting factor to making positive change. Bismarck-Mandan enterprises benefit from the proactive environment found in North Dakota. Peruse the options below or contact us today to see what is possible for your company.
Financing Assistance
Bank of North Dakota (BND)
BND is the nation’s only state-owned bank and offers unique advantages to businesses operating in North Dakota. Learn more about the numerous loan programs available, like Flex Pace, the USDA Government Guaranteed Loan Purchase Program, the Business Development Loan Program and more from the experts at BND.
Lewis & Clark Development Group
The Lewis & Clark Development Group is a collaboration of three non-profit organizations that provides programs and loans to support businesses, local governments and individuals. Lewis & Clark Regional Development Council, the Lewis & Clark Certified Development Company and CommunityWorks North Dakota seek to advance economic and community development across North Dakota.
Bismarck Vision Fund
The Vision Fund is intended to provide assistance to businesses that desire to expand or locate in the Bismarck Region. The primary purpose of this fund is to encourage and assist in the development of employment within the region by creating new jobs; expanding the regional tax base; increasing capital investment; improving the entrepreneurial climate of the region; and generally expanding the financial base of the region.
Contact Nathan at nschneider@bmcedc.com for more information.
Mandan Growth Fund
The Growth Fund committee considers applications for assistance and incentives with a focus on developing employment within the area, expanding the local tax base, increasing capital investment and improving the entrepreneurial climate. The committee provides recommendations to the Mandan City Commission for final consideration. Applications must generally be approved prior to construction, building occupancy or the state of business operations, depending upon the program.
Contact Nathan at nschneider@bmcedc.com for more information.
The Bismarck Mandan Chamber EDC team can help you apply for business funding & local grant opportunities. Contact us today!