About
The Venture Capital Fund, administered by the Bank of North Dakota, is a state-sponsored investment program designed to support business development and entrepreneurship within North Dakota. The fund provides capital to companies that are either located in or actively conducting business in the state, with proceeds directed toward working capital, equipment acquisition, or real property investments. As a public investment vehicle, the program reflects North Dakota's commitment to fostering economic growth by making venture capital accessible to businesses that might face barriers to traditional financing. The fund targets North Dakota-based enterprises across various sectors and stages of development, prioritizing investments that create sustainable jobs and economic activity within the state. By leveraging public capital to fill gaps in the private venture market, the Bank of North Dakota's Venture Capital Fund serves as both a direct investor and a catalyst for private sector participation in North Dakota's business ecosystem. The program operates transparently under state oversight, with investment decisions guided by economic development criteria and financial viability assessments.