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ND Development Fund Invests More Than $3 Million

Posted on September 7, 2001

BISMARCK, ND - The North Dakota Development Fund (NDDF) invested $3,089,333 in 19 businesses across the state between Jan. 1 and June 30, 2001.

ED&F;�s Development Fund provides flexible, gap financing to North Dakota businesses in ...

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NDDF Helps Finance Expansion of TSR Parts

Posted on August 16, 2001

BISMARCK, ND - TSR Parts Company, Colgate, received a $50,000 investment from the North Dakota Development Fund (NDDF) in addition to private bank financing that will enable the company to expand its straw chopper ...


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ED&F; Surveys North Dakota Businesses

Posted on July 24, 2001

One thousand North Dakota manufacturers, food processors and export service companies were recently sent a three-page survey from the division of Economic Development & Finance (ED&F;). The mailing was sent for three reasons: 1) ...


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APUC Grants $145,700 For Value-Added Ag

Posted on July 23, 2001

Bismarck, ND � The Agricultural Products Utilization Commission (APUC) announces its summer grant awards. Five projects will receive $145,700 in value-added grants.

The grant recipients are: Lakota Dairy Initiative, Western Star Dairy Equity Drive, Dakota ...

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ED&F; Names Kelly Potts as Credit Officer for NDDF

Posted on July 13, 2001

BISMARCK, ND - The Department of Economic Development and Finance (ED&F;) recently named Kelly Potts as credit officer for the North Dakota Development Fund (NDDF).

A Linton native, Potts graduated fall 1998 from Minot ...

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Hoeven Discusses Importance of Mfg at ND MEP Mtg

Posted on July 12, 2001

BISMARCK, ND - Gov. John Hoeven today told reporters manufacturing is a powerful contributor to the economy. Hoeven spoke during the North Dakota Manufacturing Extension Partnership (ND MEP) organizational meeting. Seventy manufacturers from across ...


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APUC To Review Funding Requests Totaling $423,075

Posted on July 10, 2001

Bismarck, ND � The board of directors for the North Dakota Agricultural Products Utilization Commission (APUC) will review funding requests for 17 projects totaling $423,075.00 at its quarterly hearing on July 17 and 18, 2001, ...


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Development Fund Gives Agro-Tech of Velva a Boost

Posted on June 27, 2001

BISMARCK, ND - Agro-Tech, Inc (AT), Velva, received a $38,000 investment from the Regional Rural Revolving Loan Fund (RRLF) in addition to bank financing, which will enable construction and permanent financing of a new facility.

AT ...

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Funding Allows FarmNet Services to Expand Website

Posted on June 19, 2001

BISMARCK, ND - FarmNet Services Inc., Harvey, received a $75,000 investment from the North Dakota Development Fund to expand the company website, www.farmnetservices.com, to include 20 more grain-producing states and introduce grain marketing features.

�FarmNet ...

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Semolina Specialties Locates Plant in Crosby

Posted on June 19, 2001

BISMARCK, ND - Semolina Specialties, Crosby, received a $50,000 investment from the North Dakota Development Fund (NDDF) in addition to aid from other lenders to purchase machinery and equipment.

The Development Fund investment is ...

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