North Dakota Angel Match Program announces trio of new investments

BISMARCK — The Angel Match Program introduced three new enterprise investments Thursday, March 23.

This system was created by the North Dakota Improvement Fund to match non-public investments in early-stage, major sector companies primarily based in North Dakota as much as $250,000. Companies should meet a wide range of eligibility necessities with a purpose to obtain program funds.

In keeping with a information launch from the North Dakota Division of Commerce, Tailorie, Inc., FarmQA, Inc. and BWR Improvements LLC had been amongst those who obtained funds.

Tailorie is a digital advertising software program firm from Grand Forks which makes use of “zero- and first-party information to offer tailor-made model suggestions to customers,” the information launch said.

FarmQA is predicated in Fargo and is creating digital instruments for agronomists and growers.

Additionally from Fargo, BWR Improvements manufactures hydrogen turbines and telemetry methods for use in residential, agricultural, gentle business and navy purposes.

“We’re completely happy to announce the funding of those new investments by our Angel Match Program,” Shayden Akason, head of investments for the Division of Commerce said through information launch. “Every enterprise will obtain funding to help with working capital bills to help early-stage major sector North Dakota companies by matching investor commitments as much as $250,000 per enterprise.”

To be taught extra in regards to the Angel Match Program and its eligibility necessities, go to Extra details about the NDDF and the AMP could be discovered at

commerce.nd.gov/economic-development-finance/development-fund.

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