The North Dakota Development Fund is a state agency dedicated to coordinating economic development resources to attract, retain, and expand wealth in North Dakota. With a focus on strategic economic diversification, community building, and workforce development, the agency plays a proactive role in keeping North Dakota growing. By offering business incentives, ensuring government accessibility, and promoting workforce performance, the agency has successfully attracted top companies to establish operations in North Dakota, taking advantage of the state's favorable position as one of the lowest cost states for operating a business.
With a strong emphasis on advanced manufacturing and autonomous systems, North Dakota is a proven leader in these industries. Manufacturing accounts for a significant portion of the state's Gross State Product, while North Dakota's expertise in unmanned aircraft systems (UAS) has positioned it as a frontrunner in the field. Additionally, the agency recognizes the immense growth opportunities in the energy sector, which is the largest industry in the state. As North Dakota continues to prioritize innovation and technology, it remains committed to fostering economic development and creating a prosperous future for its communities.
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