North Dakota Agriculture Diversification and Development Fund (ND-ADDF) Reoccurring

GRANT AMOUNT (UP TO):

$250,000

DETAILS:

The Agriculture Diversification and Development Fund (ADD) was established through HB No. 1475 during the sixty-seventh Legislative Assembly to support new or expanding value-added-agriculture businesses that demonstrate financial feasibility, enhance profitability for farmers and ranchers, create jobs and grow North Dakota’s economy. The funding opportunities include grants, interest rate buydowns and loans.

ELIGIBILITY:

Value-added agriculture business registered with the North Dakota Secretary of State’s office or North Dakota resident that diversifies a crop or animal industry and provides collateral uses for agriculture resources. Businesses with a majority ownership comprised of North Dakota residents will have priority over majority non-North Dakota-owned applications. Companies outside North Dakota must have an established relationship with a North Dakota partner which includes individual, company or agency to validate the credibility of the proposal and comply with the intent of the Code. The types of projects may include but are not limited to:

  • Food production and processing facilities

  • Feed or pet food processing facilities

  • Commodity processing facilities

  • Agriculture product manufacturer

  • Animal production facilities

General, Industry SpecificCTB Admin