News
Wednesday, June 9, 2021
Categories: Industrial Commission, Oil & Gas Research Program, Press ReleaseThe North Dakota Industrial Commission (Commission) approved funding today totaling $10 million for two legislatively directed research projects contingent on Oil and Gas Research Council approval.
Wednesday, June 9, 2021
Categories: Industrial Commission, Lignite Research Program, Press ReleaseThe North Dakota Industrial Commission (Commission) approved funding totaling $970,004 for three lignite research projects. In a joint statement, the Commission consisting of Governor Doug Burgum, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, stated, “The lignite industry is always looking forward and developing new markets and new technologies to improve existing operations. The projects that we funded today will continue the success of this industry that is so important to the state and its citizens.”
Wednesday, June 9, 2021
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseThe state-owned Bank of North Dakota (BND) reported a profit of $141.2 million in 2020, down from $169 million in 2019 with a return on investment of 15%, according to information presented to the Industrial Commission (Commission) in BND’s annual report today.
The report’s theme, “Responding with Confidence,” focuses on the important role the Bank played by assisting residents in response to the COVID-19 pandemic. BND created three business loan programs, one business grant program and a student loan relief program, while also administering an agriculture disaster relief program. It also assisted local lenders in accessing Federal Paycheck Protection Program funds by hosting weekly webinars connecting lenders with the Small Business Administration and members of Congress. These efforts, along with the work of the Department of Commerce and their partners, enabled North Dakota to receive more funds per capita than any other state.
Tuesday, April 27, 2021
Categories: Bank of North Dakota, Industrial Commission, Press ReleaseBank of North Dakota (BND) President Eric Hardmeyer announced his retirement effective July 6, 2021, at the Industrial Commission meeting today. Hardmeyer has been in the role since 2000, qualifying him as the longest-serving president in the Bank’s 102-year history.
Tuesday, April 27, 2021
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission (Commission) has awarded $719,129 in Renewable Energy Program matching funds for two projects that enhance renewable energy.
Tuesday, April 27, 2021
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission has established a special grant round and is currently accepting applications through May 10th for the North Dakota Renewable Energy Program. The program funds projects that involve research and development of renewable energy technologies that have strong growth potential in North Dakota.
Tuesday, April 27, 2021
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseThe North Dakota Industrial Commission has approved North Dakota Housing Finance Agency’s (NDHFA) planned distribution of almost $200,000 in housing rehab assistance.
Tuesday, March 2, 2021
Categories: Industrial Commission, Outdoor Heritage Fund, Press ReleaseThe North Dakota Industrial Commission is currently accepting applications through May 3, 2021, for the North Dakota Outdoor Heritage Fund Program.
Tuesday, March 2, 2021
Categories: Housing Finance Agency, Industrial Commission, Press ReleaseBank of North Dakota (BND) and North Dakota Housing Finance Agency (NDHFA) are taking the first steps toward consolidating the roles they play as state agencies in financing residential real estate.
Monday, February 22, 2021
Categories: Industrial Commission, Press Release, Renewable Energy ProgramThe North Dakota Industrial Commission (Commission) has awarded $1,000,000 in Renewable Energy Program matching funds for two projects that enhance renewable energy.