Learn Business Through Our Youth Loan Program

Through the Juniorpreneur Youth Loan Program, young entrepreneurs will gain practical skills and financial literacy by developing and managing their own business ideas with hands-on guidance. This experience includes crafting budgets, understanding loan applications, receiving mentorship, and building a solid foundation for both their business ventures and personal financial understanding.

Do you have the next big idea? Whether it’s a lemonade stand, a handmade jewelry shop, or a lawn mowing service, the Juniorpreneur Youth Loan Program is here to help bring your ideas to life! This opportunity is for ages 9-17 with loans up to $500 at a 3% interest rate, extending over the course of a year.

How It Works

Our staff at Dakota Business Lending are excited to help you become a Juniorpreneur! We want to support you in turning your business ideas into reality.

Here’s how to get started:

1. Think of a Business Plan

The best entrepreneurs are problem solvers!

Look around your community—what needs or gaps can you fill?

  • Lawn mowing service/yard work  
  • Dog walking/sitting/training  
  • Arts and Crafts 
  • Window washing/house cleaning

What can YOU dream up? 

2. Create a Rough Budget

What do you need for your business?

Common business costs include…

  • Business supplies
  • Marketing resources
  • Packaging
  • Maintenance

Add it up to find your needed loan amount!

3. Complete Application

Apply for a loan of up to $500!

Fill out our online application form with details about your business idea.

Once done, you can:

  • Mail it to – 5630 36th Ave S, Fargo, ND 58104, or
  • Email it to Sophia at [email protected]

4. Get Funded

Get funded & get started!

You’ll hear back from us soon after submitting your application! Once we receive it, we’ll schedule a short interview with you and your guardian. If approved, we’ll connect you with a local mentor to guide you on your business journey!

5. Start Your Business

Ready, set...launch!

You’ll receive repayment coupons based on your chosen timeline. Plus, join us at two fun open house socials at our office to share your progress and see where the magic happens!

Apply today!

Questions?

Connect with Sophia Bates via email or phone at 320-292-0614