The University of North Dakota Research Foundation (UNDRF) was formed to assist the University of North Dakota to advance its research agenda, to commercialize its university innovations and discoveries, and to create economic opportunities for Grand Forks and the State of North Dakota.

UNDRF works with UND to build successful and strategic partnerships between the university and private companies, resulting in mutual gains for each.

Currently, four companies (Avianax, NovaDigm, Alion, and Ideal Aerosmith) representing life sciences and advanced technologies clusters are designing research and office space that meet their needs. Most of the companies are coming from out of state to work with UND faculty on research projects or develop relationships for student intern programs.