Economic Development

Clay County Businesses Can Now Apply For Loans Through The Small Business Administration Economic Injury Disaster Program


The U.S. Small Business Administration has officially declared Clay County as an eligible disaster area. Business affected by COVID-19 can now apply to the Small Business Administration Economic Injury Disaster Program. North Dakota has been designated as an eligible location, making contiguous counties such as Clay County also eligible. We expect the application portal to open as early as this evening and no later than March 21st, 2020. Applications will be processed on a first come first serve basis.

Here is the declaration:

https://disasterloan.sba.gov/ela/Declarations/DeclarationDetails?declNumber=6063611&direct=false

Here is the path for them to apply:

 https://www.sba.gov/disaster-assistance/coronavirus-covid-19#section-header-1

Partners

Greater Fargo-Moorhead Economic Development Corporation

Clay County partners with the Greater Fargo-Moorhead Economic Development Corporation (GFMEDC) for development of primary sector industries in Clay County and the greater Fargo-Moorhead metropolitan area.

West Central Initiative

Clay County partners with the West Central Initiative (WCI) for small business development in rural communities. Some programs available include:

Greater Fargo Moorhead Economic Development Corporation Logo
West Central Initiative Logo

Coordinates with Communities

Clay County also coordinates economic development activities with the economic development staff for various Clay County communities including:

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