Venture Capital Program (North Dakota)
Last modified on February 12, 2015.
|Name||Venture Capital Program (North Dakota)|
|Policy Category||Financial Incentive|
|Policy Type||Equity Investment|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy|
|Program Administrator||North Dakota Department of Commerce|
| Last Substantive Modification
The Venture Capital Program, provided by the ND Department of Commerce, is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. The New Venture Capital Program will invest up to $300,000 in varying forms of debt and equity for eligible businesses.