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Group to explore ND, Minnesota business prospects

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news Bemidji, 56619
Bemidji Minnesota P.O. Box 455 56619

GRAND FORKS, N.D. — A group of business and education leaders is investing $500,000 to look into economic growth opportunities in the Red River Valley of North Dakota.

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The Valley Prosperity Partnership includes leaders from 23 entities, including retailers, bankers, university presidents, and economic development officials.

The group was started with a $100,000 donation by William Marcil, chairman of Forum Communications Co.

Other members of the partnership have chipped in $20,000 to the initiative.

The Grand Forks Herald reports that the group has hired a New Jersey consultant to analyze the region's economic and demographic data.

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