Oil boom sparks entrepreneurship in North Dakota

Jodi Rave Spotted Bear

Jodi Rave Spotted Bear

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North Dakota business leaders say the oil boom is spurring entrepreneurship in the state.

Wealth created by the boom is helping to build young companies and create high tech jobs, the Associated Press reports.

Speakers at an event cited firms such as Packet Digital, a maker of battery technology, and BredVault, which developed Web-based tools for managing money, as examples.

The new wealth in North Dakota also has benefited Minnesota startups, which are attracting angel and venture capital investment…

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Jodi Rave Spotted Bear (Mandan, Hidatsa and Arikara Nation)

Founder & Editor in Chief

Jodi Rave Spotted Bear

Location: Twin Buttes, North Dakota

Spoken Languages: English

Topic Expertise: Federal trust relationship with American Indians; Indigenous issues ranging from spirituality and environment to education and land rights

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