Norton Sound Economic Development Corporation

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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 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 is currently open and closes July 15, 2021.
2021 Small Business Initiative Application 

For more information, please contact:

Amanda Patrick
Community Development Coordinator
(907)443-2477
(888)650-2477

Thomas Simonsson
Community Development Coordinator
(907)624-3190
(800)385-3190

 

 

 

 

  • 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

Representing 15 member communities and more than 8,700 people in the Bering Strait region of Northwestern Alaska.

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NSEDC Board votes to distribute $3 million for 2020 Community Benefit Share

NSEDC Board approves $5.45 million in funding at the 2020 1st Quarter Meeting

NSEDC Board passes special $100,000 Community Benefit Share distribution

Norton Sound Seafood Products to purchase 2020 commercial deliveries

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