We’re happy to announce that funding for the East Range Participation Loan Program has been extended through 2026! It offers economic development financing for businesses to enhance the economic base and vitality of East Range communities.
Eligible businesses can apply to receive funds for job creation and retention, area economic growth and redevelopment, and other types of projects. For example, Range Lumber Co was recently awarded a $50,000 loan in Aurora. And in the Town of White, Golden Paws Dog Training used funds from the program to complete a new facility.
The program can be paired with other types of funding, such as storefront loans to make upgrades to physical spaces and brick-and-mortar locations. We recommend resources like the Department of Iron Range Resources and Rehabilitation, which offers business loans, and the DAWN program, which can connect Northland entrepreneurs and businesses with a wide range of funding types.
Learn more about the East Range Participation Loan Program and get in touch with us for info on additional sources of funding that could be a great fit for your business operations.