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.

 
 
 
 

For more information contact:

Delore Zimmerman, Manager

(701) 775-3354

delore@praxissg.com

Mark Huston, Enterprise Manager

mhuston@dcnteam.com