We are here for you! The health, safety, and well-being of our communities is a top priority for North Central Economic Development Association (NCEDA). Contact our staff to learn more about NCEDA programs.
Small businesses are a vital part of Minnesota’s economy and this program will provide a source of working capital to help businesses sustain operations during this challenging time. NCEDA is an approved DEED Lender.
DEED is offering Small Business Emergency Loans due to the COVID-19 pandemic. It is important for you to check eligibility requirements and apply if you are considering the need for additional funds to maintain your business. Loans are not guaranteed upon submitting an application and information will be forthcoming from DEED as to the loan approval process.
Please visit COVID-19 Resources for more information.
Unfortunately, fraudsters and scammers have already begun targeting small business owners that are seeking assistance during the COVID-19 pandemic. Please be on the lookout for grant fraud, loan fraud, and phishing attempts. R5DC/NCEDA does not ask for bank account information over the phone. We DO NOT ask for your bank account numbers or any personal information over the phone. If we are in need of additional loan application information we will email first. Emails from us will end in “@regionfive.org” (no other variance from that email address would be sent from us).