Oil boom sparks entrepreneurship in North Dakota

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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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