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North Dakota Development Fund Equity Investment Financing
State-backed equity investment support for growth companies, including recent Grand Forks technology investments.
About this program
The North Dakota Development Fund may provide equity investment financing for eligible North Dakota businesses. Recent Development Fund approvals include equity investment support for a Grand Forks company, showing the tool can support local growth-stage technology firms.
Eligibility
Eligible North Dakota growth companies with financing needs and economic development impact that meet Development Fund investment criteria.
Requirements
- Submit business plan, financing request, ownership information, financial projections, and use-of-funds plan
- Demonstrate feasibility, growth potential, and North Dakota economic benefit
- Complete Development Fund due diligence, investment terms, and reporting requirements