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 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 present their ideas to the same independent judges in person for the opportunity to be awarded a grant of up to $50,000. The application period occurs every other year (during odd years), and generally opens after the new year and closes in mid-July. The application evaluation and judging process takes place in August and September, with award recipients notified by October.
The Small Business Initiative application period will open again in 2023.
For more information, please contact:
- Other resources available:
- Kawerak, Inc. Community Planning and Development
Contact: (877) 219-2599 - State of Alaska Small Business Center
Contact: (907) 269-8104 - Alaska Small Business Development Center
Contact: (800) 478-7232 - SCORE (Service Corps of Retired Executives)
Chapter 558: Counselors to America’s Small Business
Contact: (800) 755-7304 - AKSourceLink
Linking Alaska’s small businesses to the right resource at the right time
