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Grand Forks Growth Fund considers loan program for start-up tech companies The program, referred to as the Accelerate Loan Program, is based on the state’s Innovation Technology Loan Fund, which acts as a way to provide capital to companies that diversify the state’s economy beyond oil and agriculture. 7:06 pm, Apr. 19, 2021 × Grand Forks City Hall, 255 N. 4th St. Sam Easter / Grand Forks Herald The Grand Forks Growth Fund on Monday, April 19, took steps toward creating a new loan program, one that targets technology start-up companies. The program, referred to as the Accelerate Loan Program, is based on the state’s Innovation Technology Loan Fund, which acts as a way to provide capital to companies that diversify the state’s economy beyond oil and agriculture. Loans potentially granted through the Accelerate program come with a higher level of risk than loans generated through other economic development programs run by the ci ....
Feb 20, 2021 GRAND FORKS – A collaboration between the University of North Dakota Center for Innovation Foundation and the UND Alumni Association & Foundation offer a new tenancy option to North Dakotan entrepreneurs: The Food Incubator. The Center for Innovation (CFI) Foundation is offering entrepreneur coaching and access to commercial kitchen space to assist food-based entrepreneurs in advancing their business ideas. “We are excited to expand our entrepreneur services and offer a kitchen incubator in Grand Forks. This project would not have been possible without the collaboration and team at the UND Alumni Association & Foundation,” said Travis Fretheim, the CFI Incubator manager. “The University of North Dakota has always fostered an entrepreneurial spirit, so we are excited to be able to help out this new venture through the use of the commercial kitchen in the Gorecki Alumni Center,” said DeAnna Carlson Zink, CEO of the UND Alumni Association & F ....
The goal is to create a pipeline for UND students to gain experience in high-wage, in-demand industries. 6:00 am, Nov. 1, 2020 × Becky Sims, left, a graphic designer for Tailorie Inc., takes a break from a brainstorming session with intern Izzy Waite, center, and Lane Oian, a brand experience specialist. Submitted photo Sponsors of InternGF program are looking to build on its past successes by expanding opportunities for local businesses and university students. Now in its fourth year, the InternGF program will offer two application cycles for funding that businesses can use to create internships. The first cycle opened on Oct. 15 and is for internships that will run from January through August. The second cycle opens June 15 and runs through December 2021. The program was created in 2018 by the Grand Forks Region Economic Development Corporation in tandem with UND’s Center for Innovation, with the goal of creating local internships in high-wage, i ....
UND administrator, Grand Forks developer named newest additions to expanded city panel A Monday vote by the Grand Forks City Council filled two new seats on the city s Growth Fund Committee, bringing the number of seats whose occupants are nominated by the city s nonprofit, semipublic Economic Development Corporation to four. 1:28 pm, Dec. 22, 2020 × Grand Forks City Hall, 255 N. 4th St. Sam Easter / Grand Forks Herald A UND administrator and a developer are the two newest members of a Grand Forks panel that considers public business incentives. Grand Forks City Council members voted unanimously on Monday, Dec. 21, to appoint Amy Whitney, the director at the university’s Center for Innovation, and Russel Crary, a real estate agent and developer at Crary Real Estate, to the city’s Growth Fund Committee, which gives preliminary consideration to measures that could help businesses set up shop or expand in Grand Forks. ....