Dakotas America, LLC

Sioux Falls SD


Dakotas America, LLC will provide debt and equity capital to support emerging businesses in North Dakota and South Dakota in the energy, food/commodity processing, technology, retail service, health care and tourism sectors. Its service area includes regional Native American reservations, areas of extreme rural out-migration, EZ/EC communities, and low-income communities that exhibit some of the nation’s most adverse economic conditions. The NMTCs may be used to create loans that offer significantly lower rates, and other more favorable terms such as higher loan-to-value ratios, unsecured status, lower solvency requirements, extended maturity or reduced payments, and “quasi-equity” characteristics in support of gap financing.

CDFI Awards for Dakotas America, LLC


NMTC (2008) - $80,000,000

Dakotas America, LLC will make debt and equity investments in new commercial businesses and community infrastructure projects that can spawn significant subsequent commercial business development. The vast majority of Dakotas America"s projects will be aimed at the most distressed rural, low-income communities in its service area, including Native communities. The NMTC allocation will be used to create direct loans that exhibit significantly lower rates, and other more favorable lending terms such as higher Loan-to-Value ratios, unsecured status, lower solvency requirements, extended maturity or reduced payments, and a€œquasi-equitya€ characteristics in support of gap financing.



NMTC (2006) - $50,000,000

Dakotas America, LLC will provide debt and equity capital to support emerging businesses in North Dakota and South Dakota in the energy, food/commodity processing, technology, retail service, health care and tourism sectors. Its service area includes regional Native American reservations, areas of extreme rural out-migration, EZ/EC communities, and low-income communities that exhibit some of the nation’s most adverse economic conditions. The NMTCs may be used to create loans that offer significantly lower rates, and other more favorable terms such as higher loan-to-value ratios, unsecured status, lower solvency requirements, extended maturity or reduced payments, and “quasi-equity” characteristics in support of gap financing.



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Small Business Administration Background

The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.







Minority Business Enterprise Centers for Minority-Owned Businesses

The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









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