Survey: North Dakota’s economy remaining strong despite regional challenges

(Source: Prairie Public News) -  It was the only state that showed economic growth in a survey of regional supply managers last month. North Dakota is the only state in the nine-state Mid-America region with a growing economy. Dr. Ernie Goss is an economics professor...

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NDOF Collateral Support Program helps two businesses meet their unique financing needs

Two western North Dakota businesses have  benefitted from the North Dakota Opportunity Fund's Collateral Support Program. The new program was created in May in response to interest from lenders across the state. The program establishes pledged case collateral accounts...

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North Dakota’s rural small businesses facing significant workforce challenges

(Source and Credit: The Center Square) - Small businesses in rural North Dakota are having a difficult time attracting and retaining workers, forcing some businesses to completely overhaul the way they operate. “Whether it’s in rural communities or in larger cities,...

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Historic and game-changing: LCD Group receives $10 million grant to support North Dakota’s meat, poultry industry

USDA Rural Development has awarded $10 million to Lewis & Clark Development Group to create a new Revolving Loan Fund (RLF) for North Dakota's meat and poultry industry. The grants are part of the Meat and Poultry Intermediary Lending Program (MPILP), which is...

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North Dakota Opportunity Fund helps Creative Elements transition to new ownership

A long-time employee is now a small business owner, thanks to financing assistance from the North Dakota Opportunity Fund. Creative Elements has been  providing hair, beauty, skin care, and spa services in Williston for more than 15 years. For more than ten of those...

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State housing assessment is “a wake up call”

The picture painted by the North Dakota Housing Finance Agency's Statewide Housing Needs Assessment is of a state that has moved on from the population surge of the early 2010s but with a housing market overpriced for many and rental units more expensive than ever. ...

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