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Local Incentives/Assistance

For Business Owners

Cavalier County JDA Revolving Loan Fund

This program offers loans at 3-5% interest. For more information please Contact Us.

Cavalier County Loan Pool

The Cavalier County Loan Pool loans up to $400,000. The partners in this loan pool are local banks and utilities including Cavalier County Rural Electric, Choice Financial, Farmers and Merchants State Bank, First State Bank of Munich, and Otter Tail.

For more information on the loan pool please Contact Us.

Langdon City Sales Tax Economic Development Fund

This program offers 0% interest on loans, possible grant, or interest buy-downs. To learn more please Contact Us.

Local Lenders

Financial assistance through local lenders who are experienced partners with the Bank of North Dakota and the Small Business Administration.

North Dakota Tax Incentives

For more information on North Dakota tax incentives click
here.    

Renaissance Zone

The North Dakota Renaissance Program, which is in place in Langdon, can allow up to a 5-year property tax exemption and a 5-year income tax exemption on a business.

Storefront Improvement Program

  • Funds will be structured as a 0% loan, payable in $100.00 monthly installments until the loan is satisfied.
  • Applicable to businesses located in the Reanissance Zone.
  • Up to $5,000.00 available to an individual business based on actual invoices.
  • Applications are available at the Cavalier County Job Development Authority - County Courthouse.
  • Materials shall be purchased locally. If not possible, CCJDA’s Business Development Committee may give approval for outside purchases.
  • The intent of the program is to improve property values and to encourage renovation that compliments the new look of 3rd Street.

For More Information Contact Us

 

Employee Training Grants

Employee Training Grant Information
A grant program for businesses in Cavalier County to obtain outside training for employees for job specific skills
Up to $2,000
Set aside of $10,000 per year, first come first serve
Grant is for the training only, no travel or incidental expenses related to the training may be covered by grant funds

Examples of what can be funded
Occupation specific training
Basic skills

Examples of what cannot be funded
Anything not training related
Travel/Conference Expenses
Individual training/tuition (the applicant must be a Cavalier County Business)
Training not related to job description
In-house training

Grant Applicants must be able to show:
Training will either provide employees with new skills or upgrade an employees current skill level
There is a direct relationship between the training and the trainee's occupation or craft
The business will not use grant funds for training normally provided by the business

Goals of this Grant Program
Increase productivity and profitably for Cavalier County businesses
Reduce employee turnover for Cavalier County Businesses

To apply for this program, please print this application, fill it out and drop it off at the Cavalier County Job Development Authority office, located in the Cavalier County Courthouse - 901 3rd Street in Langdon.


For Homeowners

The City of Langdon offers incentives to individuals purchasing, building or remodeling homes. For more information on this program please visit the City of Langdon website by clicking here.


State/Federal Incentives/Assistance

For Business Owners

Bank of North Dakota

The Bank of North Dakota offers several programs to business owners including: The Bank of North Dakota Beginning Entrepreneur Guaranty Program, The Bank of North Dakota Business Development Loan Program, and the Bank of North Dakota Partnership in Assisting Community Expansion (PACE) Program. For more information please visit the Bank of North Dakota Website.

North Central Regional Planning Council

The North Central Regional Planning Council has a revolving loan fund. The amount of money that can be borrowed is determined by the amount of jobs that will be created. For more information on this program please contact the North Central Regional Planning Council by calling (701)662-8131.

North Dakota Department of Commerce

The North Dakota Department of Commerce has several program available to provide assistance to North Dakota businesses. For more information please visit the North Dakota Department of Commerce webpage.

Small Business Development Center

The Small Business Development Center(SBSC) is part of North Central Regional Planning Council in Devil's Lake. SBDC can help small businesses develop business plans. For more information please call SBDC at(701)662-8131 or Contact Us

USDA Rural Development

USDA Rural Development offers several program for small businesses. Some of these programs include, the USDA-RD Business and Industry Loan Guarantee, the Value-Added Producer Grant, Renewable Energy Systems and Energy Efficiency Improvement Grants and Guaranteed Loans, and Rural Economic Development Loan and Grant. For more information please visit their website, or call (701)-530-2037.

US Small Business Administration

The US Small Business Administration has a variety of program available for small businesses. For more information on these programs please visit the SBA website.

Board Leadership Training

Is available through TrainND for more information please click here.

VA Home Loans

VA loan programs are available to eligible veterans for the purchase of a home.  VA loans are particularly beneficial to those veterans that do not have much cash available. VA guidelines allow higher front-end and debt ratios compared to other loan programs, and it’s easier to qualify for. For more information, click here.

 

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