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Legacy Investment for Technology (LIFT) Announces Loan for North Dakota Energy Services Company
30 Jul 2025
The North Dakota Department of Commerce announced that the Legacy Investment for Technology (LIFT) program has awarded a $1 million loan to Trilogy LLC, a North Dakota-based company that developed the Sand Titan, a high-performance sand separator for the oil and gas industry.
“The LIFT program is a vital resource for fostering innovation and supporting North Dakota’s oil and gas industry,” said Commerce Economic Development & Finance Deputy Director and Head of Investments and Innovation Shayden Akason. “This funding highlights our commitment to supporting North Dakota businesses that drive economic impact in our core industries and create lasting impact across the state.”
LIFT is an innovation loan fund that supports technology advancement by providing financing for the commercialization of intellectual property within North Dakota. The loan funds are available to enhance capacity and, when possible, leverage state, federal and private sources of funding.
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The North Dakota Department of Commerce today announced that two companies have been approved for a total of $345,000 in investments through the North Dakota Development Fund Inc.’s Angel Match Program (AMP) during the second quarter of 2025.AMP is designed to support early-stage, high-growth North Dakota businesses by matching private...
