Commerce News | Feb. 8
Commerce recently led investment missions to Brazil and Louisiana, with the delegation including Commerce Commissioner Josh Teigen, Deputy Commissioner Shawn Kessel, Charlie Gorecki of the EERC, Mark Askelson of UND, and Aaron Reinholz of NDSU. Focused on Energy, Agriculture, and Uncrewed Aerial Systems (UAS), the delegation conducted meetings in Rio de Janeiro and Sao Paulo, aiming to encourage investment into North Dakota. Commissioner Teigen presented North Dakota’s economic opportunities at various forums, including the Cubo innovation hub. The positive reception during the visit suggests significant returns on investment in the coming weeks and months. Teigen also visited the CGB Enterprises, Inc. (CGB) facility in Louisiana, which plays a crucial role in agricultural commerce and global supply chains.
The Commerce team joined the WM Phoenix Open as a sponsor, seizing the opportunity to showcase the state's tourism offerings at "The People's Open." Engaging fans through activations in four hospitality tents, the Legendary presence highlighted North Dakota's golf courses and outdoor adventures. In collaboration with actor and North Dakota native Josh Duhamel, Commerce unveiled a new video featuring the state's top-rated golf courses. The North Dakota activations will also be supported by business and community leaders from throughout the state that will be instrumental in bringing to life personal insights for tourism, talent recruitment and workforce development. The synergies in marketing tourism and workforce development are highlighted as part of North Dakota's Find the Good Life initiative designed to match potential residents with careers and communities.
This is a chance for communities to tackle workforce challenges, collaborate for sustainable solutions, and boost economic stability.
Key Points:
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Immediate Challenge Solutions: RWIP supports initiatives targeting the most pressing workforce challenges to boost economic stability.
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Collaboration: Regional partners are encouraged to work together to maximize resources and create sustainable solutions.
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Geographical and Demographic Impact: Collaborations that impact various communities and populations throughout a region are suggested, though not mandatory.
Applications are due April 1, 2024.
Theodore Roosevelt National Park is introducing a new online application process for the 2024 commercial season, accepting permits for Guided Photography Workshops and Step-On Interpretive Guide Service until March 1, 2024.
In Q4 2023, five businesses received loans totaling $6.7 million from the North Dakota Development Fund. Explorer's Academy Jamestown and Hillsboro got $100,000 each, Airtonomy (DBA Thread) secured $500,000, The Wave by Epic received $3 million for a construction project, and Scranton Holding Company got a $3 million investment for facility design and permitting.
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