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    3. North Dakota Agriculture And Technology Companies Benefit From Legacy Investment For Technology Loan Fund
    North Dakota agriculture and technology companies benefit from Legacy Investment for Technology Loan Fund main photo

    North Dakota agriculture and technology companies benefit from Legacy Investment for Technology Loan Fund

    July 25, 2023

    As part of its commitment to fuel innovation and economic growth in North Dakota, the North Dakota Department of Commerce Legacy Investment for Technology Loan Fund (LIFT) Committee awarded a total of $1,750,000 in funding to three companies in July.

    “The LIFT loan fund supports technology advancement by providing financing for commercialization of intellectual property within the state,” said Shayden Akason, Head of Investments and Innovation at Commerce. “We thank the North Dakota Legislative Assembly for appropriating $10 million to the LIFT fund balance for the 2023-25 biennium.”

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    Get In Touch! Bismarck-Mandan Chamber EDC Nathan Schneider, Vice President Ph: 701-223-5660 Bismarck, ND 58503 nschneider@bmcedc.com
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