Commerce Launches Advance ND Program to Boost Economic Development

The North Dakota Department of Commerce introduces the Advance ND Program, an initiative geared to provide “deal-closing” loans to companies in North Dakota considering new industrial projects in value-added energy, agriculture, and manufacturing. To qualify, the company must be considering another state in the site selection process.

“Advance ND will serve as a financial incentive for those companies whose projects would contribute significant capital investment, add value to North Dakota resources, and provide new employment opportunities to the state’s economy,” said Jessica Tooke, North Dakota Development Fund CEO at Commerce.

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