NSEDC - Small Business Initiative

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Small Business Initiative

The NSEDC Small Business Initiative is an avenue for individuals to promote and develop business ventures in an effort to help alleviate social and economic issues facing the Norton Sound region.  The NSEDC Small Business Initiative is patterned after the Alaska Federation of Natives highly regarded “Alaska Marketplace” and is aimed at identifying and funding business ideas that will stimulate and facilitate economic development in the Norton Sound region. 

After a series of reviews and interviews by an independent panel of judges, selected entrepreneurs will present their ideas to the same independent judges in person for the opportunity to be awarded a grant of up to $35,000. The application period generally opens in mid-April and closes in mid-July.  The application evaluation and judging process takes place in August and September, with award recipients notified by October.  The 2011 award recipients will present their business at the Bering Strait Regional Conference in 2012.

Information on the 2012 grant recipients can be found here, as well as a story in the Nome Nugget. The 2013 application period runs from April 1 to July 15.

2013 Small Business Initiative Application

2012 Small Business Initiative Brochure

For more information, please contact:

NSEDC Nome
Sterling Gologergen
P.O. Box 358
Nome, AK 99762
Phone:  (888) 650-2477
Fax: (907) 443-2478

NSEDC Anchorage
Yvonne Galsy Ashenfelter
420 L Street, Suite 310
Anchorage, AK 99501
Phone: (800) 650-2248
Fax: (907) 274-2249
NSEDC Unalakleet
Paul Ivanoff, III
P.O. Box 193
Unalakleet, AK 99684
Phone:  (800) 385-3190
Fax: (907) 624-3183

Other Resources Available

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Norton Sound Economic Development Corporation
420 L Street, Suite 310, Anchorage, AK 99501, Phone 1-907-274-2248, Fax 1-907-274-2249