Explorer's Academy Jamestown receives $100,000 for building improvements

The North Dakota Department of Commerce announced Wednesday, Jan. 31, that five businesses, including Explorer’s Academy Jamestown LLC, were approved for $6.7 million in loan and venture funds through the North Dakota Development Fund Inc. during the fourth quarter of 2023.

“I am excited to witness the growth and impact these funds will have on the recipients’ endeavors,” said Jessica Tooke, CEO of the North Dakota Development Fund. “This quarter’s recipients reflect the diversity of North Dakota’s economic landscape, spanning from child care and robotics to hospitality and facility design.”

Explorer’s Academy Jamestown received $100,000 for building improvements and working capital. Its goal is to provide a stable and safe environment that allows children to be calm and comfortable while learning the fundamentals.

The North Dakota Development Fund was created in 1991 as an economic development tool. It provides flexible funding through debt and equity investments for new or expanding North Dakota primary sector businesses. The fund also manages the Child Care Loan Program created by the North Dakota Legislature in 2009.
For more information about the North Dakota Development Fund, visit

https://shorturl.at/rABF8.

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