The mission of the Minot Area Development Corporation (MADC) is to facilitate business attraction, expansion, retention, and advocacy to diversify and strengthen the Minot area.
MADC is a nonprofit organization, formed to diversify and stabilize Minot’s economy. Founded in 1955, MADC is the lead economic development group for the City of Minot. MADC is committed to building and supporting a resilient, sustainable, and diversified economy to ensure Minot is the right location for businesses and families.
Based on Minot’s competitive advantages, MADC focuses on the following primary sector industries:
Within those key industries, MADC is responsible for new business attraction, business expansion and retention, as well as serving as an advocate for the Minot business community to ensure Minot remains their location of choice.