Economic Development

Mor-Gran-Sou offers technical assistance for new business enterprises, cooperative development and business retention. Loans are available. Some projects we have assisted with include Frontier Marketing Group, Flasher, ND; Dakota Agri-Board, Hebron, ND; and Dakota Dairy Specialties, Hebron, ND.

Economic development Loans assist members in the expansion or start-up of their small business, which will employ people in the area and help diversify the economy.

A current member may borrow up to $3,000 at 5% interest with a payment period of up to 36 months. Also, a substantial business plan with current numbers must be made available to Mor-Gran-Sou.

Uses: Any legitimate business purpose to enhance the business operation, including equipment and inventory purchases, research and development, and facility remodeling.

Touchstone Energy® Cooperatives is a national network of electric cooperatives across 46 states that provides resources and leverages partnerships to help member cooperatives and their employees better engage and serve their members. By working together, Touchstone Energy cooperatives stand as a source of power and information to their 32 million member-owners every day.

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Economic Development