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Innovation Technology Loan Fund

We apologize that we are having technical trouble with the online LIFT application.  The email with the invitation to complete your application has not gone out.  We hope to have a resolution soon. 

Thank you for your patience.

The Innovation Technology Loan Fund (LIFT) Committee will begin accepting applications on June 11, 2021

The Innovation Technology Loan Fund (LIFT) is an innovation loan fund to support technology advancement put in place by the 2019 legislative session.
LIFT is a loan fund established for the purpose of providing financing for commercialization of intellectual property within the State of ND. The legislation outlines the following industries as appropriate uses for these funds: 
  • Advanced computing and data management
  • Agriculture technology
  • Autonomous and unmanned vehicles and related technologies
  • Energy
  • Health care
  • Value-added agriculture
  • Value-added energy
  • Any industry or area specifically identified by the committee as an industry that will contribute to the diversification of the state’s economy.
Applicants meeting these criteria are encouraged to apply. Applications will be reviewed by the Department of Commerce to ensure they meet the criteria outlined in the legislation, and then turned over to the Committee for approval or rejection.
If approved, the applicant will work with the Bank of North Dakota to structure and establish the loan and access the funds. More info can be found by visiting N.D.C.C. Chapter 6-09.18.

Click here for application process!

LIFT Fact Sheet
File Size: 684 kb

Lift Impact Fact Sheet
File Size: 601 kb

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