UND Center for Innovation to hold open house Tuesday, Sept. 29

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News Article

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College of Business & Public Administration


UND Center for Innovation to hold open house Tuesday, Sept. 29

Public is welcome at this free event; Rhombus Guys pizza provided

Who: University of North Dakota Center for Innovation

What: Open House

When: Tuesday, Sept. 29, 4-7 p.m.

Where: Center for Innovation


Join us at the Center for Innovation's Open House Tuesday Sept. 29, 4-7 p.m. The Rhombus Guys food truck will be there serving pizza, Cat Country 100.3 will be broadcasting live, and there will be door prizes and a grand prize drawing. It will be a great event for welcoming the public to come visit our beautiful facility and learn what we do.

Center for Innovation

The Center for Innovation at the University of North Dakota was among the first entrepreneur outreach centers in the nation when formed in 1984. The Center provides assistance to innovators, entrepreneurs, and researchers to launch new ventures, commercialize new technologies, and secure access to capital from private and public sources.

The Center manages two tech incubators in the UND Tech Park, provides SBIR outreach to the state's tech community, helping more than 40 companies secure more than $30 million in SBIR awards, the top source for seed capital for tech entrepreneurs. Since 2006, the Center for Innovation Foundation has helped 160 angel investors in launching nine angel funds in North Dakota and northwest Minnesota. These funds have invested in 43 ventures which--with co-investment and syndication--have resulted in over $26 million of equity investing, an average investment of $600,000 per venture. It is also home to the only fully student managed venture fund in the nation where students make the actual investment decisions, Dakota Venture Group. The Center has fostered more than 670 startups, which employs more than 6,000 people and have attracted more than $140 million in investment. The Center was named the state’s first Center for Excellence in Economic Development in 2003 while building the Ina Mae Rude Entrepreneur Center.