UND Center for Innovation Foundation Regional Center Rating

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CONTACT INFORMATION

UND Center for Innovation Foundation Regional Center
First Name
Bruce
Last Name
Gjovig
Contact Phone
701-777-3132
Fax
701-777-2339
Website
Contact Email

ADDRESS

4200 James Ray Drive,Grand Forks, ND 58203

STATES

Minnesota
  • Beltrami
  • Kittson
  • Marshall
  • Pennington
  • Roseau
  • Becker
  • Clay
  • Clearwater
  • Douglas
  • Grant
  • Lake of The Woods
  • Mahnomen
  • Norman
  • Otter Tail
  • Polk
  • Pope
  • Red Lake
  • Stevens
  • Traverse
  • Wilkin
North Dakota
  • Adams
  • Barnes
  • Benson
  • Billings
  • Bottineau
  • Bowman
  • Burke
  • Burleigh
  • Cass
  • Cavalier
  • Dickey
  • Divide
  • Dunn
  • Eddy
  • Emmons
  • Foster
  • Golden Valley
  • Grand Forks
  • Grant
  • Griggs
  • Hettinger
  • Kidder
  • Lamoure
  • Logan
  • McHenry
  • McIntosh
  • Mckenzie
  • Mclean
  • Mercer
  • Morton
  • Mountrail
  • Nelson
  • Oliver
  • Pembina
  • Pierce
  • Ramsey
  • Ransom
  • Renville
  • Richland
  • Rolette
  • Sargent
  • Sheridan
  • Sioux
  • Slope
  • Stark
  • Steele
  • Stutsman
  • Towner
  • Traill
  • Walsh
  • Ward
  • Wells
  • Williams

INDUSTRIES

Agriculture, Forestry, Fishing and Hunting / 11
Utilities / 22112
31
33312
333131
3364
Information / 51
Real Estate and Rental and Leasing / 53
Professional, Scientific and Technical Services / Research and Development in Biotechnology / 541711

LANGUAGES

English

1 follower

Lincoln Stone

Last Update: February 20, 2017 04:52 AM

Regional Center was viewed 1154 times (total).

UND Center for Innovation Foundation Regional Center

(5%)

UND Center For Innovation Foundation Regional Center was among the first entrepreneur outreach centers in the nation when formed in 1984. The Center provides assistance to innovators, entrepreneurs, and researchers to launch new ventures, commercialize new technologies, and secure access to capital from private and public sources. 

The Center manages two tech incubators in the UND Tech Park, provides SBIR outreach to the state's tech community, helping more than 40 companies secure more than $30 M in SBIR awards, the top source for seed capital for tech entrepreneurs. Since 2006, the Center for Innovation Foundation has helped 160 angel investors in launching nine angel funds in North Dakota and northwest Minnesota. These funds have invested  in 43 ventures  which -- with co-investment and syndication -- have resulted in over $26 million of equity investing, an average investment of $600,000 per venture. It is also home to the only fully student managed venture fund in the nation where students make the actual investment decisions, Dakota Venture Group.

The UND Center for Innovation Foundation is one of the premier venture development organizations in the United States, and has been ranked as one of the top entrepreneur centers in the nation by such entities as Entrepreneur magazine, NBIA, SSTI, EDA and SBA. The Center for Innovation has received 14 national and international awards for excellence, and is one of just seven entrepreneur centers nationwide that has been featured by the Regional Innovation Acceleration Network (RIAN) for best practices and outstanding performance of venture development organizations. Six times UND has been ranked in the top 1% of entrepreneur programs out of 2300 nationwide by Princeton Review and Entrepreneur magazine. Since 2006, the incubators received the “Soft Landings International Incubator” certification from NBIA, one of just 25 incubators worldwide, and among the first six. In 2013, the Center for Innovation Foundation was awarded the Excellence in Technology-Based Economic Development (TBED) Award from the State Science and Technology Institute's (SSTI), a national organization that leads, supports, and strengthens efforts to improve state and regional economies through science, technology and innovation.

Is the Regional Center a Public Agency, Government Entity or a Public/Private Partnership (EDC/EDA) affiliated or associated with one?
No

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Designation

Regional Center ID number
1031910017
Designation Date
2011-04-19
Prepared by
Lincoln Stone
Prepared by Firm
Stone Grzegorek & Gonzalez LLP
Submission Date
2010-04-22

NAICS Codes

  • Agriculture, Forestry, Fishing and Hunting / 11
  • 31
  • 33312
  • 333131
  • 3364
  • Information / 51
  • Professional, Scientific and Technical Services / Research and Development in Biotechnology / 541711
  • Utilities / 22112
  • Real Estate and Rental and Leasing / 53

Regional Center EB-5 Quick Facts

Number of Approved I-526: N/A

Number of Approved I-829: N/A

Regional Center Submission Provider

Lincoln Stone
Stone Grzegorek & Gonzalez LLP

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