North Dakota Department of Commerce

$400 Million Soybean Crushing Plant Planned North of Grand Forks

GRAND FORKS, N.D. (KVRR) — With China’s Fufeng corn milling plant proposal for Grand Forks still under government review, the city will now be the location of a new $400 million soybean crushing plant. The announcement comes from Epitome Energy and North Dakota Department of Commerce. The plant will be able to process up to 42 million bushels of soybeans…

New Grant Opportunity for Venue-based Businesses & Services In North Dakota

BISMARCK, N.D. — Florists, caterers, promoters and other event and support services who had at least a 50% revenue loss during the pandemic can apply for a new grant. The application window through the North Dakota Department of Commerce will open June 10 at 10 a.m. It’s designed to assist event centers and supporting businesses that continue to struggle from…

Commerce renews Renaissance Zone for West Fargo

WEST FARGO, N.D.–The North Dakota Department of Commerce has renewed the Renaissance Zone Program in West Fargo for five more years. The Renaissance Zone Program offers tax incentives to business and residential properties to encourage community development. Since West Fargo started using the program in 2000, 90 projects have been approved including Restad Industrial Park and Midcontinent Communications. Program manager…

Department of Commerce Releases North Dakota COVID-19 Community Impact Survey

The survey became available early this week.

BISMARCK, N.D.–The North Dakota Department of Commerce is encouraging North Dakotans to complete the North Dakota COVID-19 Community Impact Survey. The survey will help the state understand how the coronavirus pandemic is impacting communities and individuals across North Dakota. People will be asked to provide experiences about how their lives have been effected going back to March 13 when Gov….

ND Dept. of Commerce Encourages Businesses to Prepare for SBA Disaster Loan Application

The SBA will provide up to $2 million per company in low-interest loans.

BISMARCK, N.D.–The North Dakota Department of Commerce is encouraging businesses experiencing financial strain due to the novel coronavirus to begin preparing for a Small Business Administration Disaster Loan application. The Small Business Administration announced the availability of $7 billion to assist small businesses on March 12. The SBA says it will provide up to $2 million per company in low-interest…