Senator Dorgan & Coordinating Center Launch Capital Initiative

The Venture Capital Action Summit held on February 22nd in Fargo proved to be a momentum-building event where entrepreneurs and development-interested people from across the state learned about what venture capitalists look for in a company and region. It’s not just the money – it’s the connections that the VCs provide and the culture and the commitment that a community and region must foster.
The Coordinating Center
The Coordinating Center of the Red River Valley Research Corridor will be a catalyst for the development and growth of science and technology-based enterprises throughout North Dakota.
Future venture capital events will focus on leveraging outside venture capital with local investors and linking growth companies in the region with venture capital. Senator Dorgan has established a Commercialization Opportunity Review Committee to review proposals by companies and to work with them in getting their proposals ready for consideration by venture capitalists and other investors. For more information contact Delore Zimmerman at the Coordinating Center.


North Dakota Shows Rapid R&D Growth

The most recent National Science Foundation reports of R&D by universities and industry show that the growth of R&D in North Dakota has been outpacing most other states. North Dakota ranks number one in the percent change in industrial R&D increasing from $46 million in 1998 to $347 million in 2001, representing an attention-grabbing 653 percent jump for that four year period.

Among the nation’s universities North Dakota ranks number five in the percent change of Federal science and engineering (S&E) obligations for research and development; R&D plant; facilities for instruction in S&E; fellowships, traineeships and training grants; general support for S&E; and, other S&E activities. North Dakota improved from $34.9 million in 1998 to $67.9 million in 2002, showing a 95 percent increase.

Trends worth watching – and worth continuing. You can find the reports at www.nsf.gov

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Valley City State University Connects to the Research Corridor

Valley City State University will host a Connecting to the Research Corridor session on April 8th. Delore Zimmerman, Director of the Coordinating Center, will provide an overview of the Research Corridor’s future plans and President Ellen Chaffee will lead a discussion on linking VCSU capabilities to research and training opportunities.

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VC Summit Materials Available

The Coordinating Center has about a dozen copies of the Venture Capital Summit materials on hand. If you were unable to attend the summit but would like a copy they are available for $10, including shipping and handling.

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Upcoming Events

April 22
R&D Showcase IV Focuses on Commercializing Science Registration is now open for R&D Showcase IV "The Next Step: Commercializing Science" on Friday, April 22, 2005 at the Alerus Center in Grand Forks, ND. Go to
www.conted.und.edu/rdshowcase to register.

April 21-22, 2005
Turtle Mountain Community College Research Conference
Belcourt, North Dakota

Nationally recognized American Indian leaders in medicine, research and tribal regulation of research activity will discuss current issues related to biomedical research in American Indian communities at this first annual conference.

Small group sessions will allow informal discussion of topics and special sessions are designed to seek your input on what diseases or conditions should be priority research questions. The conference is intended for any and all persons interested in health problems and how research might address these issues. Contact Michele Delorme at mdelorme@tm.edu, 701-477-7862 x 2114 or Dr. Lyle Best at sbest@utma.com.

Got Science & Technology News?

Visit www.theresearchcorridor.com for the latest news about what’s happening in science and technology in North Dakota and the Upper Great Plains. Let others know about emerging S&T developments in your company, college or organization by e-mailing to delore@theresearchcorridor.com

The Red River Valley Research Corridor

The goal of the Red River Valley Research Corridor is to expand upon the research capacity at North Dakota's universities to help build and attract high-tech businesses, generate new economic opportunities and create good-paying jobs for the region.

This website and action summit prepared and maintained by the Red River Valley Research
Corridor Coordinating Center to advance the Red River Valley Research Corridor initiative.