BUSINESS ASSISTANCE PROGRAM OF THE MONTH

AMBER SCHRIOCK at

The North Dakota Department of Commerce recently announced that an approximate total of $13.6 million of equity and venture funds will soon be available to early-stage North Dakota businesses through the recently launched Angel Match Program (AMP), a direct investment program administered by the North Dakota Development Fund (NDDF).

Applications for the AMP began Dec. 9.

Through the direct investment program, private investor investments in eligible business can be matched up to a maximum $250,000 per business. Businesses may only apply for funds if the total financing round is $2 million or less.

Investors may be individuals, LLCs, businesses, trusts, or an investment fund. Investors must be in, and remain in, compliance with state and federal securities laws, and invest only in qualified businesses that are issuing securities in compliance with state and federal securities laws.

To learn more about AMP and to find out if your company may be eligible contact the Chamber EDC office.

BUSINESS ASSISTANCE PROGRAM OF THE MONTH

Next Article

AMBER SCHRIOCK at

More articles from this publication:

AMBER SCHRIOCK at

KLJ ENGINEERING ANNOUNCES NEW BISMARCK LOCATION

BSC AG PROGRAM RECEIVES GRANT TO ENHANCE CURRICULUM

BASIN ELECTRIC TO BUILD NEARLY 350 MILES OF HIGH-VOLTAGE TRANSMISSION LINE

UNIVERSITY OF MARY AWARDED $6-MILLION GRANT TO ADDRESS CRITICAL COUNSELING SHORTAGE IN NORTH DAKOTA K-12 SCHOOLS

KRAUS-ANDERSON BEGINS CONSTRUCTION ON NEW POLYTECHNIC EDUCATION CENTER AT BISMARCK STATE COLLEGE

REGISTRATION FOR BISMARCK-MANDAN LEMONADE DAY 2023 OPENING FEBRUARY 14TH

JOIN US AT FOCUS ON BISMARCK-MANDAN

LEADERSHIP BISMARCK-MANDAN LAW & LEGISLATIVE DAY

This article is from:

February Connection