Growth Initiative Fund

Retention and expansion


Growth Initiative Fund (GIF) Supports Business Growth

The GIF is one of our many vital business support tools. The GIF acts as a community buy-down partnering with the Bank of North Dakota on the PACE and Flex PACE loans, promoting economic development in Cass County, North Dakota. 


The GIF is a revolving loan fund formed in 1993 by GFMEDC and administered by GFMEDC staff.  The GIF is governed by seven board directors appointed by GFMEDC, Cass County, City of Fargo and City of West Fargo. The GIF received a large part of its early funding from contributions by the three public entities.

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John Machacek

Chief Innovation Officer