North Dakota in Your Sites
http://www.business.nd.gov/smartmail/NDDF2ndQuarterNewsletterAprilMayJune2018/
North Dakota Development Fund
NDDF 2nd Quarter Newsletter – April, May, & June 2018
New Approved Projects:
  • The Learning Circle Inc. – Infant Center - $50,000 (Fargo) Funding used to purchase an existing daycare center in Fargo, ND.
  • The Learning Circle Inc. – Sport Bubble - $100,000 (Fargo) Funding used to purchase an existing daycare in Fargo, ND.
  • The Learning Circle Inc. – West - $100,000 (West Fargo) Funding used to purchase an existing daycare in West Fargo, ND.
  • Here We Grow at the Learning Circle, Inc. $85,000 (Fargo) Funding used to purchase an existing daycare in Fargo, ND.
  • All 4 Learning Childcare Center - $60,000 (Grand Forks) Funding used to start a new childcare center in Grand Forks, ND.
  • Children of Hope Childcare, LLC - $100,000 (Fargo) Funding used for leasehold improvements to convert an existing building into a larger consolidated daycare center location.
  • Rise & Shine Daycare - $93,750 (Bowman) Funding used for improvements and an expansion for additional daycare space.
  • The Koble Group, LLC - (Grand Forks) was awarded a $200,000 loan to fund working capital. The Koble Group is a technology based company for healthcare providers.
  • Omnibyte Technology, Inc. - $125,000 (Fargo) Funding provided for working capital needs. Company provides Mobile, Web and Automation solutions and services for Field Service organizations.
  • Fetting’s Frozen Foods, LLC - $400,000 (Finley) Funding was an equity investment to fund working capital and to upgrade their plant facilities. The company processes frozen foods.
  • Skid-lift LLC - $90,200 (Fargo) was awarded a $90,200 loan to purchase new equipment for in-house manufacturing of their skid-lift product and provide working capital. Company produces a scissor lift that’s compatible with a skid-steer to utilize the functionality of the skid-steer to move and power the lift.  
 
Rural Fund Program
-Any primary sector business
-Up to $1 Million in funding and based on job requirement
-For business with population of 8,000 or less or more than 5 miles outside city limits
-Lower than market rates available
-Loan and Equity investments available
 
Featured Story:
Any of the following can be used: (Projects wanted to be featured in upcoming annual report)
Dan’s Tank Company, Inc. – Dan Conlin 701-453-3639
(Dan’s Tank Company, Inc. featured in April 2018 Newsletter)
Skid-Lift, LLC – Guy Nelson 701-850-3736 guy@anvilequip.net
Auto-Pilot Medical Technologies, Inc. Peter Chamberlain 503-507-1862 petertchamberlain@gmail.com (Auto-Pilot aka Walksmart featured in October 2017 Newsletter)
Tiny Tykes, Inc. – Wahpeton Justin Neppl 701-640-8243 justin.neppl@ndscs.edu
(Tiny Tykes, Inc. featured in January 2018 Newsletter)
 
Meet our Board
Scott Davis sjdavis@nd.gov  (701) 328-2432

North Dakota Department of Commerce
1600 E. Century Ave., Suite 2
Bismarck, ND 58503 | 701.328.5300
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