Angel Match Program

Angel Match Program

GRANT AMOUNT (UP TO): Up to $250,000 DESCRIPTION: On March 11, 2021, President Biden signed The American Rescue Plan Act, which reauthorized and funded the State Small Business Credit Initiative (SSBCI). The new version of the SSBCI program provides a combined $10...
Direct Business Loan Program

Direct Business Loan Program

LOAN AMOUNT (UP TO): Loan amounts range from $1,000 – $75,000 DESCRIPTION: For those who are unable to access a traditional bank loan, Dakota Business Lending’s Direct Business Loan Program can help provide affordable, fixed rate financing for loans from $1,000...
SBA 504 Loan Program

SBA 504 Loan Program

LOAN AMOUNT (UP TO): Loan amounts range from $25,000 – $5.5 Million DESCRIPTION: The SBA 504 Loan Program helps small business owners purchase real estate or equipment at a below-market interest rate. Loans through the 504 Program also allow borrowers to...
MAGIC Fund Grant

MAGIC Fund Grant

GRANT/LOAN AMOUNT (UP TO): Varies (typically up to 50% of project cost) DESCRIPTION: The MAGIC Fund provides financial incentives for businesses looking to expand or relocate in the Minot trade area. The fund aims to create new jobs, retain existing jobs, and promote...