Chipp Accelerates with $400k LIFT Funding from North Dakota

The State of North Dakota through its LIFT program awarded Chipp $400,000 in funding to help us make AI accessible to businesses in ND and beyond.

March 25, 2024

North Dakota has an unfair advantage for entrepreneurs. Today we are excited to benefit from this support.

In a significant boost to our journey, the State of North Dakota, through its Legacy Investment for Technology Loan Fund (LIFT), has awarded Chipp $400,000 in funding. Here’s why it is transformational for our company and a reflection of the potential of North Dakota as a home for innovative technology:

The Vision in North Dakota

This remarkable milestone could not have been achieved without the visionary architects of the LIFT program and the vibrant ecosystem that North Dakota has cultivated for innovators like us. The program managed in partnership with the Bank of North Dakota, aims to propel companies working in sectors critical to diversifying and strengthening our state's economy. With a focus on areas such as advanced computing, AI, and more, LIFT is a beacon of support for startups poised for growth.

The Vision of Chipp

Chipp's mission is to democratize AI, making it accessible for businesses to build, share, and sell custom ChatGPT applications. This funding is not just a financial boost but a validation of our vision to make AI integration seamless for businesses of all sizes. The flexibility and terms of the LIFT loan, including 0% interest for the initial years, provide us with the runway needed to scale our operations and enhance our offerings.

Not only is the support helpful financially, but it also provides the support that helps us continue to build. That’s why ND is great. Builders in ND are supported, encouraged, and propelled by initiatives that recognize the importance of innovation.

Builders in ND are supported, encouraged, and propelled by initiatives that recognize the importance of innovation.

LIFT’s Impact on Chipp

What does this mean for Chipp and our users? Speed.

This funding will unlock speed in development, allowing us to improve our technology stack further, bring more innovative features to our platform, and, most importantly, continue supporting the businesses and entrepreneurs that rely on our services. The future is bright, and with the backing of the LIFT fund, we're set to make AI integration into business processes even more accessible.

A Word of Thanks

We extend our heartfelt gratitude to everyone involved in the LIFT program, the state of North Dakota, and, of course, our users and supporters. This achievement is as much yours as it is ours. Together, we're not just building technology; we're crafting a future where AI is an integral part of business success.

Stay tuned for what's next. We're just getting started, and there's so much more to come. For those looking to integrate AI into their business, or curious about the power of custom ChatGPT applications, join us on this exciting journey. Let's create, innovate, and elevate together.

Chipp Chipp, hooray! 🎉


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