Startup accelerator gener8tor will expand into North Dakota with a new seed fund and three accelerators in the state.

Wisconsin-based gener8tor Management LLC announced June 29 it would launch a seed fund called “gener8tor 1889” and three accelerators in Fargo and Grand Forks in partnership with alternative assets management firm 50 South Capital Advisors LLC, according to a June 29 press release.

Gener8tor will launch an equity-based startup accelerator program in Fargo that will provide $100,000 investments to at least five startups per year that successfully compete for a space in the accelerator, according to the release.

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