Live In This House Rent-Free -- and Launch Your StartupBootstrapping? The startup house can help.
This story appears in theAugust 2016issue of狗万官方.Subscribe »
Fargo's tech renaissance lured native son Miguel Danielson back to North Dakota in 2014, and the attorney wasted no time lending a hand, cofounding the startup resource group Emerging Prairie and launching Fargo's very own (and rent-free!) startup house.
Home, a loan
Funded by Danielson and a small grant from the state of North Dakota, theFargo Startup Houseis based on the idea that "working and living with people who have common goals and problems can help solve them," Danielson says. In addition to covering rent and utilities, Danielson provides mentorship, meeting with the entrepreneurs once a month over dinner to review goals. The house can support four entrepreneurs at a time; when we visited in June, there was one bed available.