Grant Support for Economic Development
Holt County
HCED Director Nicole Sedlacek with Jon Schmaderer, HCED Secretary/Treasurer and NCF Board member.
Holt County Economic Development, an affiliated fund of NCF, has had a lot to celebrate since its launch in 2007. New and expanded businesses have created or retained more than 100 full-time jobs. Now there is more good news.
NCF’s Rudolph H. Elis Donor-Advised Fund, with an endowment of more than $2 million, made its first grant to HCED to support entrepreneurial development and people attraction in Holt County. The three-year commitment of $87,500 will be matched two-to-one by local sources and will support the hiring of a business coach.
Holt County has been a HomeTown Competitiveness community since 2005. This grant is a manifestation of how HTC enables grassroots philanthropy to begin and complete a full circle of community reinvestment. Rudolph Elis was interested in investing in communities that were innovative and intentional in their efforts to thrive. He specifically targeted the O’Neill and Norfolk areas for his charitable intentions because he saw evidence that these two NCF communities were on the road to success.
“The addition of a business coach to our staff will enable us to provide timely, critical assistance to connect our businesses to new programs, markets and areas of growth,” said Nicole Sedlacek, HCED Director.
