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This is a loan program, not a grant: money must be repaid, and approval depends on the lender's and agency's credit review.
Ongoing program · Loan
North Dakota Development Fund (gap financing for primary sector businesses)
North Dakota Department of Commerce, State of North Dakota
Key facts
Copied word-for-word from the official North Dakota state agency page. Last verified October 28, 2026.
Program name
North Dakota Development Fund (gap financing for primary sector businesses)
Issuing agency
North Dakota Department of Commerce (State of North Dakota)
Funding type
Loan
Funding purpose
Business and Commerce
Status
Ongoing program
Application deadline
Ongoing program · no application deadline published
Published loan amount
Up to $3,000,000
Eligible applicants (our reading of the official page)
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
For profit organizations other than small businesses
Small businesses
Relevant to
Businesses and NonprofitsHow we determined this: Derived from the eligibility statement on the official page (business, small business, farm ranch, nonprofit).
Geographic restrictions
This is a North Dakota state program. Check the official page for location requirements.
October 28, 2026 (against the official North Dakota state agency page)
Record confidence
highCurated from the official agency page; reviewed by an editor.
Eligibility details (from the agency)
Any primary sector business
Description (from the official program page)
The NDDF provides flexible gap financing to new or expanding primary sector businesses in North Dakota. Funds are available through direct loans, participation loans, subordinated debt and equity investments.
Use of funds: The NDDF funds may be used to provide working capital or to finance the purchase of fixed assets, but not to refinance existing debt. Funds may be used to purchase real property and equipment, expand existing facilities, provide working capital, and purchase inventory.
