Center for Innovation
Center for Innovation
- Categories:
- Accelerators
The Center for Innovation at the University of North Dakota 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 and provides SBIR outreach to the state’s tech community, helping over 40 companies secure more than $30 M in SBIR awards. Since 2006, the Center has helped 160 angel investors in launching nine angel funds in North Dakota and northwest Minnesota, investing over $26 million of equity in 43 ventures. It is also home to the only fully student managed venture fund in the nationDakota Venture Group. The Center has fostered over 670 startups, which employs more than 6000 people and have attracted over $140 M in investment.