Angel Match Program

On March 11, 2021, President Biden signed The American Rescue Plan Act, which reauthorized and funded the State Small Business Credit Initiative (SSBCI). The new version of the SSBCI program provides a combined $10 billion to states, the District of Columbia, territories, and Tribal governments to empower small businesses to access capital needed to invest in job-creating opportunities as the country emerges from the pandemic. The funds will also support recipient jurisdictions in promoting American entrepreneurship and democratizing access to startup capital across the country, including in underserved communities. North Dakota’s total AMP allocation is $13,641,843.

Through this program, the NDDF launched the North Dakota Angel Match Program (AMP) to support high-growth early-stage primary sector North Dakota businesses by matching investor commitments of up to $250,000 per business.