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Biofuels PACE Program

Biofuels PACE lowers interest costs for eligible biofuel and value-added agricultural processing projects in North Dakota.

About this program

Visit the program website for full details.

Eligibility

Eligible borrowers are businesses developing or expanding biofuels or related value-added processing projects in North Dakota that meet Bank of North Dakota and local lender requirements.

Requirements

  • Operate or propose an eligible biofuels or value-added processing project.
  • Apply through a local lender and appropriate development partner.
  • Provide project budget, financing, job, and economic-impact information.