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Krampade News
Success Story: Krampade Sports Drink Leverages Revolving Loan Fund To Secure Public/Private Investment For Business Growth
From Economic Development Administration (EDA) August 2020 Newsletter: EDA makes Economic Adjustment Assistance (EAA) grant awards to establish Revolving Loan Funds (RLFs) that make loans to businesses that cannot otherwise obtain traditional bank financing. These loans provide access to capital as gap financing that enables small businesses to grow and lead to new employment opportunities with competitive wages and benefits. The economic development priorities of each RLF are defined in a specific RLF Plan that guides the lending strategy within its defined lending area. Most RLFs make general business loans focused on creating and retaining jobs while leveraging other sources of capital. Some RLFs focus lending to certain sectors or industries. Krampade LLC, a borrower of RLF recipient Grand Forks Growth Fund, is a North Dakota-based sports drink company that was founded in 2015. Krampade is a ...
LIFT Committee Awards $1.5 Million in Funding
BISMARCK, North Dakota - July 16th, 2020 - The Innovation Technology Loan Fund (LIFT) Committee awarded $1.5 million to two North Dakota businesses for the month of July. “Innovation and ambition are abundant across North Dakota,” said Josh Teigen, head of investments and innovation at the North Dakota Department of Commerce. “The LIFT Committee is presented with great concepts every month, and we are excited to see future expansions of innovative technology.” LIFT recipients include: Fargo-based ag tech company FarmQA was awarded $1 million to develop a digital solution for agronomists and the growers they support. Funds are contingent on meeting a 2:1 match requirement totaling $2 million within one year. Grand Forks-based Krampade was awarded $500,000 for market expansion of its sports drink to stop and prevent cramping and enhance muscle performance, speed recovery and reduce ...
Krampade in Digital Exclusive of Starts & Stops
As long-time supporters of USA Hockey Magazine and Starts & Stops, we wanted to show you a bit of what we support! You can see the email for the digital edition below! You can see our advertisement here. The official publication of the American Hockey Coaches Association FORWARD | Is this email not displaying correctly? View it in your browser. THE OFFICIAL PUBLICATION OF THE AMERICAN HOCKEY COACHES ASSOCIATION AWARD WINNERS North Dakota's Brad Berry and Cornell's Mike Schafer Share CCM/AHCA Division I Men's Coach of the Year Award. READ MORE » CCM/AHCA 2019-20 All-Americans Sixteen different Division I hockey-playing schools can celebrate players honored as CCM/AHCA Hockey All-Americans for the 2019-20 season. READ MORE » Coaching Milestones, Legislation Updates & More News and notes from Joe Bertagna. READ MORE » National Awards Congratulations are in order for award recipients. READ MORE » THE OFFICIAL PUBLICATION OF THE AMERICAN HOCKEY COACHES ASSOCIATION Home | News ...
More Than $300,000 Awarded in Bioscience Innovation Grants
BISMARCK, North Dakota - January 15th, 2020 - Agriculture Commissioner Doug Goehring announced that five grants have been awarded totaling $317,322 to foster the growth of the bioscience industry in North Dakota. “Advances in bioscience have already transformed many sectors including agriculture and medicine,” Goehring said. “These grants will help North Dakota stay on the forefront of bioscience innovation.” The 2019 Legislature approved $500,000 for the grant program for the 2019-21 biennium. Grant applications will open this spring for the remaining funds. Organizations receiving grants are: Inovan, Inc. – $75,000 for further development of an antibiotic-releasing bone-void-filling putty to combat osteomyelitis National Agricultural Genotyping Center - $55,667 for enhancement of wheat rust surveillance through DNA-based detection and quantification Cotasys, Inc. - $75,000 for development of a solution to streamline communications for independent and small trucking companies Krampade, ...
WCHA Announces Partnership with Krampade
Sports Drink Producer Joins the Growing List of WCHA Final Faceoff Sponsors BLOOMINGTON, Minnesota - January 16th, 2020 - The Western Collegiate Hockey Association today announced innovative sports drink producer Krampade as an official sponsor of the 2020 WCHA Final Faceoff. "The WCHA is thrilled to partner with Krampade," WCHA Women's League Commissioner Jennifer Flowers said. "Eric Murphy's commitment to improving recovery options for student-athletes is moving Krampade to the forefront of the sports drink industry and we are excited they have come on board with the WCHA." Founded in 2015, Krampade started simply in 2012 as a potassium replacement experiment by founder Dr. Eric J. Murphy, who sought a way to combat chronic muscle cramping. Since then, Krampade has been used by athletes in sports as varied as football, hockey, wrestling and rugby to enhance recovery ...
Worldwide Business with kathy ireland®: See Krampade Introduce Their New Science-Based Sports Drink That Prevents Cramping
Los Angeles, CA – October 24, 2019 — Worldwide Business with kathy ireland® is pleased to announce an exclusive interview with Krampade CEO Eric Murphy to discuss their drink that helps people with chronic cramps find much-needed relief. Krampade is a revolutionary new product that can prevent the onset of cramps and stop active cramps in less than one minute. Krampade started simply as an experiment by the founder, who was a medical school professor who suffered from cramps his entire life. Having suffered through cramps as a high school and small college athlete and continually cramping under all kinds of circumstances, including suffering from tetany in his hands and feet, he felt there had to be a better way to live. At the age of forty-nine, he embarked on an experiment using self-dosing of potassium chloride to replace potassium ...