North Dakota Business and Economic Development

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Innovate North Dakota incubates ideas

Innovate ND is a competitive program that awards cash prizes. Entrants participate in online education, business planning and mentoring from proven business owners.

New North Dakota Venture Capital Group Formed – Arthur Ventures

Arthur Ventures is interested in companies involved in information technology, life sciences and clean technologies. Burgum says the typical deal will involve between $1 million and $2 million.

Oil boom creates millionaires and animosity in North Dakota

"These people have been farming rocks for generations," he says. "It’s like winning the lottery."

Or the booby prize.

University of North Dakota awarded $1 million to study Bakken shale formation, ways to tap oil

A report from the U.S. Geological Survey has estimated that up to 4.3 billion barrels of oil could be recovered from the Bakken in North Dakota and Montana.

North Dakota farm land value sets another record

"The big difference now from the land boom in the 1980s is that a lot of the land is paid for with cash."

Wingspan of Grand Forks, North Dakota Offers Angel Investing Funds for Start-up Businesses

What separates Wingspan from other angel investors is the access to: marketing and advertising personnel; accounting, legal, and IT services; office, warehouse and operational space; and executive management resources that are available for Wingspan business partners.

Who Wants to be a Venture Capitalist in North Dakota?

To date, DVG claims it is the only completely student-managed venture capital fund within the United States.

North Dakota Leads Nation in R&D Increase

North Dakota shows how a small, largely rural state can become a player in the high tech, knowledge-based economy. It’s a tremendous story of how government, universities and industry can cooperate to build a high-tech economy in rural communities.

Delegation Announces Partnership Between SEO Precision of Crosby, North Dakota and Northrop Grumman

Agreement will bolster North Dakota start-up, development of high-tech tools for U.S. military

Can aging North Dakota resist change amid immigration debate?

"We simply don’t have enough workers."