North Dakota Business and Economic Development

As an example of its potential, just one acre of algae produces between 5,000 and 15,000 gallons of fuel, compared to only 50 gallons from 1 acre of soybeans.

Just a few years ago, North Dakota’s unemployment rate was so low that officials traveled to other states, trying to convince people to move there. Now officials don’t have to do that; the economy is doing it for them.

The Minot City Council is considering a loan to a Minneapolis company that may help lure 100 jobs in the next two years to this city.

“We have to have the research and skilled workers necessary to build up our cutting-edge technology industries. This center will help attract businesses to the state and give students career opportunities in an exciting field that is growing here in North Dakota. It helps keep our best and brightest here at home, and helps North Dakota schools become an example of teaching methods across the country.”

"The future really requires that we find the technology that will allow us to sequester carbon," Senator Conrad said. "We simply must reduce the carbon levels being emitted, and the question is, how do we do that in a cost-effective way … This $100 million will hopefully go a long way toward helping to answer that question."

The new law provides
a governance structure for publicly traded corporations that gives
shareholders greater rights than they currently have under other state
laws.

California has the Golden Gate Bridge, New York has the Empire State Building, Illinois has the Magnificent Mile. And North Dakota? It has a hefty budget surplus those states would envy.

North Dakota’s congressional delegation revealed recently the U.S. Department of Agriculture is releasing $1.34 million to stimulate economic development and create jobs in rural North Dakota.

Gov. John Hoeven: "The demand for the unmanned aerial systems is incredible throughout the military, worldwide. This is the asset that everybody wants. Not just the air force, but all the services in terms of doing their missions around the world."

"We`re very excited about this program. I think North Dakota will always be an agriculture state, but it`s turning into probably one of the leading energy states," says Dr. Frank Moseley, MSU Associate Professor.