Entrepreneurs in Bismarck have a valuable resource in Innovate ND, a program designed to support the development of innovative businesses within North Dakota. Administered by the North Dakota Department of Commerce, Innovate ND provides up to $50,000 in reimbursable expenses to help entrepreneurs validate their business ideas and accelerate growth.
The program is structured into two six-month phases, each offering up to $25,000 in reimbursements. Participants are guided through lean business model principles, value proposition development, and customer identification, ensuring a solid foundation for their ventures. To be eligible, businesses must be based and headquartered in North Dakota, with at least one founder residing in the state. Retail, hospitality, and local service-based ventures are not eligible for this program.
By fostering scalable, high-impact businesses, Innovate ND aims to diversify and strengthen North Dakota’s economy. Entrepreneurs interested in applying can find more information and application guidelines on the North Dakota Department of Commerce’s website.