A director shall supervise and control the division. The director shall:

1.    Manage the internal operations of the division and establish policies that promote the orderly and efficient administration of the division; 2.    Appoint personnel as may be determined necessary to carry out this chapter and fix their compensation within the limits of legislative appropriations; 3.    Assume central responsibility to develop, implement, and coordinate within state government a comprehensive program of economic development consistent with the mission of the division; 4.    Coordinate that program of economic development with all other appropriate state and local government departments, agencies, institutions, and organizations that perform research, develop and administer programs, gather statistics, or perform other functions relating to economic development, and those government entities shall    advise, cooperate, and provide reasonable assistance to the director in carrying out this chapter; 5.    Advise, and cooperate with, departments and agencies of the federal government and of other states, private business and agricultural organizations and associations, research institutions, and any individual or other private or public entity, and call upon those entities or individuals for consultation and assistance in their respective fields of endeavor or interest in order that the division and the state may benefit from up-to-date technical advice, information, and assistance; 6.    Cooperate with individuals and both public and private entities, including the state’s congressional delegation, in identifying and pursuing potential sources of funding and to receive those funds to be expended for purposes consistent with this chapter; 7.    Have authority to enter into contracts upon terms and conditions as determined by the director to be reasonable and to effectuate the purposes of this chapter; 8.    Identify and coordinate sources of capital and financial assistance, including lending programs of the Bank of North Dakota, and administer programs of financial assistance placed under the administration of the division, to business and industry, local governments, and other entities and individuals in the state consistent with the mission of the division; and

9.    Have authority to do any and all other things necessary and proper to carry out this chapter.