(Fargo, ND) -- A Fargo-based company is receiving the first investment funds made available through the state commerce department's Angel Match Program.
"The enterprise software talent in North Dakota is great so we see a company like this really fitting in strategically with all of the talent we have in the area," said Shayden Akason, North Dakota's Head of Investments and Innovation Shayden Akason.
Akason says Project Phoenix Technologies is receiving a $65 thousand investment from the state fund. Akason tells WDAY News First the company offers engineering teams an "instant application programming interface" that reduces project development time. Akason says other qualified "early-stage" companies in the state can apply for funds totaling up to $250 thousand through the Angel Match Program.