Applications are available at nsedc.com, NSEDC offices and from NSEDC Liaisons
NOME—Over the years, Norton Sound Economic Development Corporation (NSEDC) has invested millions of dollars in its 15 member communities for projects that aim to improve the quality of life and encourage economic development. One of main ways NSEDC has done this is through the Outside Entity Funding program (OEF), which is available to municipal and tribal governments; local and regional nonprofit organizations; and local, state or federal agencies located in member communities.
NSEDC’s Community Benefits department is now accepting funding proposals for the 2015 OEF program. OEF application packets are available at www.nsedc.com, NSEDC offices in Nome, Anchorage and Unalakleet and from your local community liaison.
Through the OEF program, $60,000 is allocated to each of NSEDC’s member communities each year (90% of program funds), supporting projects or programs at the community level. An additional $100,000, or 10% of the total OEF program funds, is specifically available for projects and programs with a regional scope.
Beyond the funding allocated toward community and regional programs, NSEDC puts priority on support for fisheries-related projects in the region. NSEDC’s Board of Directors may elect to fund fisheries-related projects through NSEDC’s internal budget process. This requires that applications for fisheries-related projects be submitted prior to the NSEDC Board of Directors’ budget meetings, and thus they have an earlier application deadline. Projects approved through NSEDC’s regular budget process do not affect the overall amount available through the OEF program.
Application Deadlines:
Fisheries-related project proposals October 15, 2014
Non-fisheries-related project proposals January 15, 2015
For more than a decade, the NSEDC Board of Directors has supported projects and programs on both a region-wide and community level . Last year, under the same program guidelines, NSEDC received 36 project proposals and awarded $730,855 to community, regional and fisheries-related projects in the region.
For further information on the 2015 Outside Entity Funding program and the application guidelines please contact Community Benefits Director Paul Ivanoff at (907) 624-3190.
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