The Department of Commerce administers grants for early stage technology work, but awards and related expenses depend on legislative funding.
A committee reviews applications from entrepreneurs, startups, and small businesses developing early stage technology products when they cannot access money for prototypes.
The Department of Commerce runs grants for technology research, development, and innovation. Awards depend on legislative funding, and recipients must repay them if they stop conducting activities in North Dakota.
After grant-funded work ends, the department independently reviews its results, which may include effects on technology products, investment, economic development, and the workforce.
A committee reviews and approves grant applications. The committee includes state technology officials and three private sector members appointed by the governor and legislative leaders. The commerce commissioner or a designee serves as a nonvoting member and recommends grant awards.
The Department of Commerce administers a grant program for eligible technology work. Grant applicants must meet the committee's eligibility guidelines. Recipients must use awards for technology research, development, or innovation. The committee sets eligibility guidelines and weighs research, economic development, and workforce benefits. It gives priority to artificial intelligence, machine learning, quantum computing, and similar work. Grant money cannot pay for buildings, administrative costs, or regular operations. Recipients must repay it if they no longer conduct their activities in North Dakota. Grant awards and administrative expenses depend on legislative appropriations.
The department conducts an independent review after grant-funded work is complete. The review covers work funded by an advanced technology grant. The review may consider product or process development, investment in the state, economic development, commercially viable patents or research, and workforce effects. The department conducts the review when the grant-funded work is complete.
No hearings or votes scheduled.