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UND to get $9.9 million for new biz school, energy complex

GRAND FORKS -- The University of North Dakota is expected to get a total of $9.9 million for a new business school building and an energy research complex, the UND Foundation said Friday.

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Of that amount, $6.6 million will be from donations and $3.3 million will be from matching state funds.

The Legislature approved last year the North Dakota Education Challenge Fund, which matches $1 for every $2 raised by university foundations.

“It has been a great tool to add to our fundraising toolbox and I’m confident that we will have no problem securing the full $20 million in private donations necessary to obtain our $10 million share of the state matching fund,” said foundation CEO DeAnna Carlson Zink.

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