Norton Sound Economic Development Corporation

News

NSEDC Passes $2 Million Siu Dividend on to Member Communities

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NSEDC Board Approves $133,333 Mid-Year Community Benefit Share for 15 Member Communities Recognizing the financial need many Norton Sound communities experience in the face of dwindling budgets, Norton Sound Economic Development Corporation’s (NSEDC) Board of Directors voted to pass on nearly $2 million to member communities on May 10. The funding will come in the Learn More

NSEDC Issues 2018 Energy Subsidy

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Households in the Norton Sound region will again receive $575 toward their electric utility bills The Norton Sound Economic Development Corporation (NSEDC) Board of Directors has voted to issue a $575 energy subsidy to every household in its 15 member communities. NSEDC staff will conduct the sign-up process in each of the 15 member communities Learn More

NSEDC awards $2 million toward Regional Wellness & Training Center

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Recent meetings also yield $2.25 million for Community Benefit Shares and $277,000 in infrastructure funding NOME—Recognizing the tremendous need for support and treatment services related to substance abuse, the Norton Sound Economic Development Corporation (NSEDC) Board of Directors voted to make an extraordinary $2 million donation toward Norton Sound Health Corporation’s (NSHC) Wellness and Training Learn More

Three regional businesses receive NSEDC Small Business Initiative grants

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NOME—The Norton Sound Economic Development Corporation’s (NSEDC) Small Business Initiative (SBI) program awarded a total of $134,028 to three regional entrepreneurs at a ceremony on Friday, October 13, 2017 in Nome. Awards went to a mobile vehicle operation repair service, a tool and equipment rental business, and a laundromat, all located in Nome. The 2017 Learn More

Norton Sound Seafood Products delivers another record payout in 2017 fishing season

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2017 regional commercial fisheries and NSSP operations infuse more than $8.5 million into Norton Sound communities over the summer UNALAKLEET—A record $6.05 million was paid to 172 fishers delivering to Norton Sound Seafood Products (NSSP) in the 2017 commercial crab, salmon and halibut fisheries. Another $2.5 million was paid to 258 seasonal NSSP employees working Learn More

2017 Norton Sound Fisheries Off to a Strong Start

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More than $2 million has already been earned by resident fishermen and workers this summer through NSSP operations Norton Sound resident fishermen and fisherwomen are on pace to see one of the strongest seasons in recent years due to robust salmon and crab catch rates coupled with favorable seafood markets.  Payouts to salmon fishermen are Learn More

NSSP Anticipates June 26 Opening for 2017 Crab Season

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Norton Sound Seafood Products (NSSP) announces an anticipated opening of the 2017 Norton Sound open access red king crab season on Monday, June 26.  Barring any unforeseen circumstances, NSSP will be requesting that ADF&G open the season on this date. The summer GHL is approximately 420,000 pounds.  All CDQ crab was harvested during the winter Learn More

NSEDC Announces $1.2 Million in Grants

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From assisting communities in gaining critical emergency response infrastructure to helping regional school children explore the wider world, the Norton Sound Economic Development Corporation (NSEDC) Board of Directors approved $1.2 million in funding for 24 community and regional projects at the NSEDC 1st Quarter Board of Directors meetings in Nome on May 4. Outside Entity Learn More

NSEDC Issues 2017 Energy Subsidy

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NSEDC providing $575 toward electric utility bills for all eligible households in region The Norton Sound Economic Development Corporation (NSEDC) Board of Directors has voted to issue a $575 energy subsidy to every household in its 15 member communities. NSEDC staff will begin the sign-up process the week of January 23, with sign-up events taking place Learn More

Newest NSEDC tender to bear the name T/V St. Lawrence

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62-foot vessel to follow in footsteps of T/V King Island and be built in Homer NOME – Norton Sound Economic Development Corporation (NSEDC) is proud to announce that our newest tender vessel will bear a name that reflects a distinct part of our region. Keeping with a tradition of naming Norton Sound Seafood Products (NSSP) Learn More

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