Local news- Press Release
City of Grand Forks North Dakota - O Leary Ventures Signs Partnership Agreement With HIVE in Downtown Grand Forks 25 January 2024 ( news )
City of Grand Forks , state North Dakota ( By Press Release office)
Jan 25,2024
| 11| 0
Grand Forks , ND – O’Leary Ventures has signed a partnership agreement with The HIVE in downtown Grand Forks to sponsor and secure the naming rights for the main floor conference room . The main floor conference room will now be known as the “O’Leary Ventures Conference Room” .
As part of this announcement , O’Leary Ventures chairman , Kevin O’Leary , accepted Mayor Bochenski’s offer to visit Grand Forks and drop the puck at Friday night’s University of North Dakota hockey game versus Denver University .
“I am excited to host Kevin O’Leary and his team here in Grand Forks , they will get to see the very best of our community and tour our growing UAS and tech sector” Grand Forks Mayor Brandon Bochenski said . “Their partnership with The HIVE further grows our national profile as a great place to do business . ”
While in Grand Forks , O’Leary Ventures will visit Grand Sky , UND and The HIVE , home to the O’Leary Ventures’ Wonder Fund North Dakota’s largest North Dakota investment , Thread . Thread , a long time tenant of The HIVE , is a leader in enterprise - scale asset maintenance for energy and utilities . With over 70 team members , Thread is proudly serving energy , utility , and DoD clients , including Fortune 500 companies .
“O’Leary Ventures’ interest in companies like ours validates the work that we have been doing . ” Thread CEO & Co - Founder , Josh Riedy said . “I look forward to this partnership for years to come . ”
“Wonder Fund North Dakota’s investment here is about seizing an unprecedented opportunity in Grand Forks . ” Kevin O’Leary said . “This isn’t just another tech hub , this is the future . ”
The HIVE , in downtown Grand Forks , is a one of a kind hybrid business accelerator and incubator for Unmanned Aerial Systems and autonomous systems .
“Not only do we have Wonder Fund North Dakota’s investment into one of our tenants , we also have the Wonder Fund North Dakota’s management firm , O’Leary Ventures investing in this facility . ” HIVE Managing Director , Johnny Ryan said . “Having someone like Mr . O’Leary taking the time to see the work we are doing at The HIVE and in Grand Forks only enhances our footprint on the UAS industry . ”
Kevin O’Leary , Mayor Bochenski and other local officials will visit The HIVE on Friday , January 26 , 2024 at 4 pm .
PLAY the NEWS
* May be useful for visually impaired persons .
Press release information :
Direct link to press release:
Click here .
