National Nonprofit Day Recognizes Network of Business Support for Devils Lake

National Nonprofit Day is officially recognized on August 17, but Forward Devils Lake Economic Development (FDLED) wants to tip our hat to all of our incredible business organizations that work tirelessly to ensure our community grows to the benefit of all. 

“We’re thrilled to work in close partnership with the nonprofits that care for our residents and business owners,” said FDLED executive director Brady Ash. “The resources they provide are invaluable, and their creative, problem-solving approaches epitomize what community spirit is all about.” 

On PACE

One of those resources includes the Bank of North Dakota’s PACE Program. Designed to assist qualifying businesses that want to invest or create jobs in their community, the program allows for stakeholders to “buy down” the interest rate on the loan. Proceeds can then be used to buy real estate, equipment, and certain working capital requirements.

Recently, Woodland Resort tapped into the PACE Program to fund the development of The Shores, an event center catering to weddings, business meetings, and other events with a capacity of 400.

“When a PACE or FlexPACE project is happening, there needs to be a community buydown partner,” said Ash. “Which, in this case, Forward Devils Lake had the opportunity to be.”

The Shores celebrated its grand opening in June and is now available for bookings.

It Takes a Village

It takes a network to support a vibrant business community like ours. Regardless of the size of your operations, there are countless services available to you, many at zero cost. 
Devils Lake Chamber of Commerce: This driving force behind the success of our vibrant community has been championing the interests of businesses for over nine decades. From networking events to dynamic programs, the DLCC is your one-stop shop for information, resources, and (even better!) a warm, friendly welcome to the community. 

Membership benefits include:

• The opportunity to network with over 300 businesses throughout the Lake Region
• Free business listing on the Chamber website, which draws over 4,500 visitors per month!
• Participation in business grand opening ribbon cuttings and ground-breaking ceremonies, with photo placement in the Chamber’s monthly newsletter

North Dakota Small Business Development Centers: Need help starting, managing, or growing your small business? For over 35 years, the NDSBDC has helped turn that dream into a reality. In fact, your success is its goal! 

From enabling you to tap into a network of credentialed business advisors to giving you the tools and resources needed to achieve your goals, regardless of the stage of your business life. Even better? All of their services are provided at no cost to business owners. Contact them today! 

Be sure to check out the full list of nonprofits and other business-supporting organizations in our area by clicking here!