FARGO - Harvest Profit is graduating from the technology incubator at North Dakota State University’s Research & Technology Park.
The farm management software firm is moving to a new building at 520 Oak Ridge Way E, Lot 3, in West Fargo.
Harvest Profit, founded in 2016 by Nick Horob, analyzes farmer's fields and other aspects of their operations to trim expenses and increase profits. The firm has more than 400 customers in 26 states and four Canadian provinces who farm more than 1 million acres.
Horob, who grew up on a farm in Williston, N.D., developed software that combines profit and loss tracking, what-if analysis, grain marketing planning and a farm business tutorial.
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“Nick and Harvest Profit were able to take full advantage of the programs offered by the Incubator. They worked very hard and were able to rapidly develop and expand their software,” Incubator Manager John Cosgriff said in a news release.
Harvest Profit moved into the technology incubator in 2017.
Incubator staff work closely with the North Dakota Department of Commerce in providing assistance to entrepreneurs. For example, the Innovate ND Program and Agricultural Products Utilization Commission both granted funds to Harvest Profit.
“Those two programs were vital in getting our farm management software product launched. I honestly don't think we would have been able to grow without them,” Horob said. “In the last two years, Harvest Profit has grown from a side project to now having four full-time employees and two part-time.”
For more about Harvest Profit, visit their website at www.harvestprofit.com