Region XII Development Corporation (RDC) provides loans & financial packaging assistance to businesses throughout the six counties Region XII serves. Since 1995, the RDC has provided loans to over 114 businesses totaling over $9.4 million. As a result, 1,187 jobs have been created/retained, and over $95 million has been invested in our counties.
The RDC Revolving Loan Fund contains funding provided by the six counties, the Iowa Economic Development Authority, the U.S. Department of Commerce (Economic Development Administration), and USDA Rural Development.
Loan applications are reviewed monthly by a committee of local development and private lender representation from each county. Borrowers are required to meet investment and job creation criteria, which is further explained in this fact sheet.
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Business Resiliency Toolkit
Region XII contracted with Capture Management Solutions to develop a “Resilience Toolkit for Small Business.” This toolkit includes strategies and actions for businesses, governments, or development organizations to ensure ongoing viability. This toolkit also includes a list of local resources which may be able to benefit local businesses and organizations. The toolkit can be found by clicking this link.
Region XII Development Corporation Updates
- August 2020 – Region XII Development Corp. Update
- February 2020 – Region XII Development Corp. Update
RLF Business Spotlight
Crystal Freeze Dry
Region XII Development Corporation was able to assist Crystal Freeze Dry with the relocation of their business from Washington State to Panora, Iowa.
Crystal Freeze Dry Brochures:
Lake Panorama Pizzeria
Photography by Fiscus
Region XII Development Corporation was able to assist Jacob Fiscus with the purchase of a new location to grow and expand his business, Photography by Fiscus.
Wise Monkey Quilting
Region XII Development Corporation was able to assist with the startup of Wise Monkey Quilting, which is owned by Amy Healy.
32 & U Family Dental
Region XII Development Corporation was able to assist with the startup of Thirty Two & You Family Dental, which is owned by Dr. Ryan Bygness, DDS.
Region XII Development Corporation was able to assist Bonnie Silbaugh with the purchase of Fudge’s Flowers and Gifts in 2017.