I  The University of North Dakota

http://innovators.net/innovators/public_html/ about_the_center/index.html





     Office Locations:

Center for Innovation
4200 James Ray Drive
Grand Forks, ND 58203
Phone: 701-777-3132
Fax: 701-777-2339

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology

  •  

    Description:

    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, and has formed three angel networks in Grand Forks, Fargo and Bismarck. It is also home to a student managed venture fund, where students make the actual investment decisions, Dakota Venture Group (see profile). The Center has fostered over 670 startups, which employs more than 6000 people and have attracted over $140M in investment. One incubator, the Skalicky Tech Incubator, is dedicated to supporting the growth of early stage technology-based ventures. The Skalicky Tech Incubator provides a supportive, creative, and entrepreneurial environment that fosters innovation, collaboration and teamwork. A second incubator, the Ina Mae Rude Entrepreneur Center offers the James C. Ray Idea Lab, a state-of-the-art meeting space with audio-visual capabilities including presentation equipment, video conferencing and web casting capabilities.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Bruce Gjovig Entrepreneur Coach & Director
    Elisabeth Knapp Angel Fund Field Agent
    Mickayla Zinsli Innovation Strategist
    Tom K. Kenville Rainmaker & V.P. of Development
    Travis Fretheim Technology Director and Building Manager

     

    Portfolio companies include:


      AgriData
        web link


      CopeWell Foundation
        web link


      Datacom
        web link


      EduTech
        web link


      Evergreen
        web link


      Larson Consulting
        web link


      Libera Systems
        web link


      Microbeam Technologies
        web link


      Northrop Grumman
        web link


      Ntractice
        web link


      Precision Property Managment
        web link


      SBDC
        web link


      Smartech
        web link


      Solargy Lights
        web link


      Sunrise
        web link


      Valley Angel
        web link


      Wise Weight
        web link


     

    Recent News: