Purpose of the RRCF
The Red River Corridor Fund (RRCF) creates jobs by helping small businesses across North Dakota access capital.
The RRCF was initially funded by the U.S. Department of Treasury as part of the State Small Business Credit Initiative (SSBCI) program as part of the Small Business Jobs Act of 2010. The RRCF consists of a coalition of 36 North Dakota municipalities who joined together to bring this capital resource to their communities.
Community Partners
Ashley
Carrington
Ellendale
Gackle
Hillsboro
Langdon
Rolla
Napoleon
Valley City
Bottineau
Cavalier
Fessenden
Grand Forks
Hope
Lehr
Rugby
New Rockford
Wahpeton
Bowdon
Clifford
Finley
Hannaford
Jamestown
Mayville
Sharon
Oakes
Washburn
Buxton
Cooperstown
Fredonia
Harvey
Milnor
Sheyenne
Reynolds
Wishek
Partner Banks
RRCF Resources
RRCF now serves the 22 counties wherein the 36 founding cities are located
News
SSBCI Included in American Rescue Plan
Congress has passed the American Rescue Plan Act of 2021, a $1.9 trillion stimulus package to support COVID-19 recovery and relief. This bill includes $10 billion to reauthorize the State Small Business Credit Initiative (SSBCI).
Coming Soon - Dakota Horizons Fund
Spring 2021 will see the launch of a new fund aimed at providing capital to small businesses in North Dakota. The Dakota Horizons Fund brings together capital from the RRCF and USDA's Intermediary Relending Program to provide financing for small businesses located in rural communities of our 22 county service area of North Dakota.