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North Dakota Angel Match Program

The Angel Match Program matches private investor commitments for high-growth early-stage primary-sector North Dakota businesses.

About this program

The North Dakota Angel Match Program is an SSBCI-funded direct equity and convertible security program administered by the North Dakota Development Fund. It supports high-growth early-stage primary sector businesses headquartered in North Dakota by matching eligible private investor commitments up to $250,000 per business, with a minimum match of $10,000. Businesses may apply once per financing round and may receive no more than three separate AMP investments.

Eligibility

High-growth early-stage primary sector businesses headquartered in North Dakota with eligible investor commitments and required North Dakota employee and leadership presence.

Requirements

  • Business must be headquartered in North Dakota.
  • At least one C-Suite employee and 25% of W-2 employees must be North Dakota residents.
  • Business must be a primary sector North Dakota business.