MADC fulfills contractual obligation for City of Minot agreement

Posted: Dec 10 2019

The Minot Area Development Corporation (MADC) receives its funding through private investors, Ward County, and the City of Minot. As part of MADC’s contract agreement with the City of Minot (launched in June 2019), MADC provided an 18 month plan with specific activities, benchmarks, and other key performance indicators to evaluate MADC’s success. In June and December of each year, MADC is required to provide an update report on the specific deliverables taken to achieve the 18 month plan. In late November 2019, MADC submitted the first 6 month update to the City of Minot; sharing exciting progress and successes of MADC’s strategic initiatives including new business attraction, business expansion and retention, business advocacy, and more.