Regional and State Programs

As part of the Souris Basin Planning Council, Region II, VCDC and business in the region can access grant and low interest loan funds for research, business marketing, expansion and start-up.

Another strong partner for business development in Velva is the Minot Area Development Corporation and the MAGIC Fund

North Dakota maintains a very business friendly atmosphere. The Department of Commerce has partnered on several large projects, including the ADM Biodiesel expansion project, bringing all partners together quickly, to create favorable conditions for expansion.

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