In order to apply, please fill out the LIFT application form and submit a pitch deck. All applications must be complete in order to be reviewed by the committee.
Complete and submitted applications will be reviewed by Department of Commerce staff to ensure they meet the criteria outlined in the legislation, then turned over to the committee for approval or rejection.
Approval for the LIFT fund applications shall be made by the LIFT Fund Committee with consideration given to the following:
If approved, the applicant will work with the Bank of ND to structure and establish the loan and access the funds. More info can be found by visiting House Bill 1333.
- Deliver applied research, experimentation or operational testing in one or more of the diversification sectors to create information or data to enhance North Dakota companies or industries or companies making investments in North Dakota.
- Lead to the commercialization or patent of an innovation technology solution, or
- Result in the development of a new company or expansion of an existing company that will diversify the state’s economy through new products, investment, or skilled jobs.
LIFT Application Form SFN 61699
PLEASE NOTE: All applicants must submit both a pitch deck and an application, and will not be reviewed until both items have been submitted. Please email both items to: Josh Teigen, Head of Investment and Innovation.