BISMARCK, ND (KXNET) — The North Dakota Department of Commerce announced in a press release obtained by KX News that it will relaunch the Innovate ND program. The program provides up to $50,000 to help entrepreneurs accelerate growth.
The program focuses on strengthening the state's economic diversity, fostering scalable and innovative businesses, and supporting product and market validation.
To qualify, the business must have at least one founder residing in North Dakota, must be headquartered in North Dakota, and must be in good standing with the Secretary of State's office.
Applicants will submit a presentation and a business plan; they can optionally submit a business model canvas.
Applications are open on a quarterly basis. The current window is open until October 2. Applicants wi