State & Local News
North Dakota Launches LIFT Loan Program
March 25, 2026
The North Dakota Department of Commerce has opened applications for the Legacy Investment for Technology (LIFT) Loan Program, designed to support technology commercialization and innovation within the state. This program offers favorable loan terms to companies operating in key sectors including agriculture technology, healthcare, and advanced computing. Applications are due by April 23, 2026, providing a timely opportunity for eligible businesses to secure funding that can accelerate product development and market entry.
- The program is administered in partnership with the Bank of North Dakota, emphasizing state-level support for technology-driven economic growth.
- Procurement professionals and contractors in North Dakota should consider how this loan program may stimulate demand for technology solutions and services in targeted sectors.
- Companies involved in agriculture tech, healthcare innovations, or advanced computing can leverage this funding to enhance their capabilities and competitiveness.
- This initiative signals increased state investment in technology commercialization, potentially leading to expanded procurement opportunities in related industries.
Agencies
North Dakota Department of Commerce, Bank of North Dakota
Vendors
Levridge, Muskox, Protostetics, Tactical Brands