- Core Scientific, a Washington-based data processing company, has announced its expansion to Grand Forks. The company offers infrastructure and software solutions for artificial intelligence and blockchain users – the foundational technology of cryptocurrency mining.
- The city signed off on the new Accelerate Loan Program which targets technology start-up companies. The program is based on the state’s Innovation Technology Loan Fund, which acts as a way to provide capital to companies that diversify the state’s economy beyond oil and agriculture.
- The Growth Fund recently approved $500,000 in loans to local businesses including a $30,000 start-up Grand Forks loan for the Taproom Brew Hall, set to be located downtown in the former Caulfield Studios location.
- Congratulations to the City of Grand Forks and UND for receiving the International Town & Gown Association’s Larry Abernathy Award. It’s one of America’s highest awards for outstanding university and community relations.
- Leading US space officials visited Grand Sky and announced a General Atomics program to establish a new low-Earth orbit satellite mission in Grand Forks.
- Cirrus Aircraft CEO Zean Nielsen visited Grand Forks and met with the city and the EDC to discuss further opportunities. He was presented with one of the original certificates of common stock issued in 1999—this investment and the city and state support brought Cirrus to Grand Forks. We are grateful for their commitment to the region and continued partnership.
- Department of Commerce Commissioner James Leiman visited the Grand Forks Herald building and said the future tech accelerator shows opportunity for the state.
- Northern Valley Career Expo, which takes place Wednesday, October 27, opened exhibitor registration. The event brings more than 1,800 10th grade students from 14 counties and 50+ school districts to explore careers in Northwest Minnesota and Northeast North Dakota.
- EDC Workforce Development Manager Becca Cruger was quoted in Livability, a national platform showcasing what makes small to mid-sized cities great places to live, on what an economic development organization is and how they help the community.
- Our annual meeting is a little over a week away! Have you RSVPed? Also ICYMI: May 9-15 was economic development week! Check out our staff profiles highlighting the work we do.
