News

NOME—With the help of Norton Sound Economic Development Corporation’s (NSEDC) Small Business Initiative, three local entrepreneurs will be able to expand or deliver services that were previously unavailable in the region. On October 5, NSEDC’s SBI program awarded a total of $150,000 to three Nome-based businesses following a review of proposals and business plans, and Learn More

Recognizing the long-term benefit they may provide, the Norton Sound Economic Development Corporation (NSEDC) Board of Directors have approved the extension of the Community Energy Fund (CEF) and the Large Infrastructure Fund (LIF).  The two grant programs were slated to sunset at the end of 2021. Both the CEF and LIF allocate $1 million to Learn More

$3.59 million approved for four improvement projects from the NSEDC Water & Sewer Fund UNALAKLEET—The Norton Sound Economic Development Corporation (NSEDC) Board of Directors voted to distribute more than $3.94 million, in total, to Norton Sound member communities at their 2021 1st Quarter Meeting held last week. A total of $3.59 million was awarded from Learn More

In 2021, payments of $575 benefit 2,657 households in NSEDC’s member communities UNALAKLEET – Norton Sound Economic Development Corporation (NSEDC) distributed more than $1.52 million to regional utility providers as part of the 2021 Energy Subsidy. This amount represents 2,657 households in NSEDC’s member communities receiving a $575 energy subsidy primarily applied to their electric Learn More

UNALAKLEET–Recognizing the extra commitment Norton Sound Seafood Products (NSSP) and Norton Sound Fisheries Research and Development (NSFR&D) seasonal employees make to Norton Sound Economic Development Corporation (NSEDC) and its member communities, NSEDC seasonal employees will see a $500 signing bonus, a pay increase and a chance to win weekly prizes, along with grand prizes at Learn More

OEF program supports regional and community programs, projects and activities UNALAKLEET—The Norton Sound Economic Development Corporation (NSEDC) Board of Directors voted to distribute $484,128 through the Outside Entity Funding (OEF) program to Norton Sound member communities and regional organizations at a special meeting held March 18, 2021. Since 2003, NSEDC has annually set aside money Learn More

The 2021 NSEDC Energy Subsidy application is available online UNALAKLEET—Norton Sound Economic Development Corporation’s (NSEDC) Board of Directors is pleased to announce a $575 electric utility energy subsidy for every eligible household in its 15 member communities. Energy subsidies were issued at the $500 level by the NSEDC Board of Directors in 2008, 2012 and Learn More

More than $413,000 also awarded in infrastructure funding; and relief payment to commercial fishermen UNALAKLEET—At the 2020 Third Quarter Meetings the Norton Sound Economic Development Corporation (NSEDC) Board of Directors set a $200,000 Community Benefit Share per community, approved several grants to support NSEDC’s member communities, and voted to distribute a hardship payment to resident Learn More

$3.76 million from Water & Sewer Fund and $1.69 million in Outside Entity Funding projects UNALAKLEET—The Norton Sound Economic Development Corporation (NSEDC) Board of Directors voted to distribute more than $5.45 million, in total, to Norton Sound member communities and regional organizations at their 2020 1st Quarter Meeting held last week. A total of $3.76 Learn More

Distribution to help offset member communities’ burdens associated with COVID-19 pandemic The Norton Sound Economic Development Corporation (NSEDC) Board of Directors approved another special Community Benefit Share (CBS), $100,000 per community, to help offset the burden associated with the COVID-19 pandemic. The distribution will provide a total of $1.5 million in payments to NSEDC member Learn More