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Grand Forks Growth Fund gives loan to drone startup, and could become part-owner

Also on Monday, July 12, two members of the committee were reelected to leadership positions. 6:49 pm, Jul. 12, 2021 × Grand Forks City Hall, 255 N. 4th St. Sam Easter / Grand Forks Herald Members of the Grand Forks Growth Fund Committee reelected two members to committee leadership positions, then made additional adjustments to a business loan program that enables the city’s economic development wing to take an ownership stake in startup companies. Committee members on Monday, July 12, reelected Bret Weber, a City Council member, and Jonathan Holth, a local businessman, to serve as chairman and vice-chairman, respectively, of the Growth Fund. After that, the committee worked out details on how the Jobs Development Authority can convert a startup loan for tech companies into an equity stake, if the company proves successful. The committee then entered into such an agreement with a drone company named First-i.

Drive-thru job fair planned in Grand Forks | Grand Forks Herald

Core Scientific Announces Expansion Into North Dakota

Core Scientific Announces Expansion Into North Dakota Expansion Significantly Increases Core Scientific s Already Robust Hosting and Self-Mining Infrastructure News provided by Share this article Share this article BELLEVUE, Wash., May 5, 2021 /PRNewswire/ Core Scientific (the Company ), the leader in customizable infrastructure and software solutions for Artificial Intelligence and Blockchain, today announced that it has expanded its footprint with its agreement to develop its sixth mining and colocation hosting facility in Grand Forks, North Dakota, to support nearly 3 exahash of computational power in the first phase. The new site enables the Company to increase its hosting and mining capabilities at scale and is expected to launch as early as November.

UAS Magazine Announces 2021 UAS Summit & Expo

GISuser.com UAS Magazine Announces 2021 UAS Summit & Expo April 22, 2021 By Editor Produced by  UAS Magazine, UAS Summit will provide attendees with a comprehensive overview of the current state of the unmanned aircraft systems industry. Grand Forks, ND – (4/22/21) –  UAS Magazine announced this week the dates for the 15th annual UAS Summit & Expo, the upper Midwest’s premier unmanned aircraft systems event, produced by  UAS Magazine.  Taking place October 13-14, 2021 in Grand Forks, North Dakota, the 2021 event, focused on both small and large unmanned aircraft systems – will feature industry and military leaders, UAV manufacturers, payload providers, designers, and commercial operators with the most important insight of today’s UAS world.

Grand Forks school leaders outline fiscal, facility challenges in referendum information meeting for business community

Grand Forks school leaders outline fiscal, facility challenges in referendum information meeting for business community Building a new K-8 school quickly rose as the best solution to the school district s financial quagmire, Facilities Task Force member Josh Brown said. Written By: Pamela D. Knudson | 7:36 pm, Apr. 6, 2021 × The Mark Sanford Education Center, headquarters of Grand Forks Public Schools. (Grand Forks Herald photo) The option of building a K-8 school in north Grand Forks garnered much support from the Facilities Task Force that studied the district’s financial and physical plant challenges for nine months last year, Josh Brown said at an informational meeting for the business community Tuesday, April 6.

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