Business Expansion & Retention

Minot’s thriving business climate speaks volumes to the success and dedication of Minot’s existing business base. The Minot Area Development Corporation works to preserve and strengthen Minot’s existing primary businesses through the Business Expansion and Retention (BEAR) Program. 
 
With a
new strategy adopted in 2016, the BEAR Program enables MADC to actively engage with Minot’s existing primary sector businesses to ensure stability and long-term success. Through concerted outreach, MADC strives to meet with 10 BEAR businesses per month, following up with each business on a regular basis. MADC serves as a resource for existing businesses by facilitating local, regional, state, and federal resources as well as connecting businesses with the right tools to address their needs.
 
The BEAR Program allows MADC to help existing businesses pursue opportunities and overcome challenges they may face. Businesses within the BEAR Program have utilized MADC for assisting in business expansions, being a point of contact to communicate with resource partners, sustaining mandatory equipment, and more. If you are an existing BEAR business or believe your business qualifies for the BEAR Program, please contact MADC to learn about untapped opportunities your business can benefit from!