Bowman Economic Development Corp

Bowman Economic Development Corp, a U.S. local government entity and community development corporation headquartered in Bowman, North Dakota, operates as a recipient of federal Rural Business Development Grants (RBDG) from the U.S. Department of Agriculture's Rural Business Cooperative Services, delivering technical assistance and business counseling to small and emerging private businesses in rural North Dakota communities.

Bowman Economic Development Corp is a non-profit, government-chartered entity structured as a planning commission and community development corporation. The organization does not hold federal contracts or seats on contract vehicles; all federal activity flows through grant awards and sub-grant arrangements with the University of North Dakota's Small Business Development Center network. The vendor has served two distinct federal agencies across 13 awards since 2012, with the Department of Agriculture Rural Business Cooperative Services accounting for all 10 prime grant awards and the Small Business Administration contributing 3 sub-awards under the SBA's Small Business Development Center program.

The organization's capability portfolio centers on rural economic development support: business counseling, feasibility studies, market research, workforce development training, revolving loan fund management, and technical assistance targeting small businesses with 50 or fewer new employees and projected gross revenue under $1.0 million. Representative prime work includes a $307,500 RBDG Rural Business Enterprise Grant (CFDA 10.351) awarded March 23, 2026 with completion March 23, 2028; a $469,753 RBDG Rural Business Enterprise REAP Zones Grant awarded August 14, 2023 (with four sub-awards supporting COVID-19-impacted small businesses); and a Rural Business Enterprise REAP Zones Grant awarded July 25, 2024. In its sub-grant role, Bowman Economic Development Corp partners with the University of North Dakota to deliver SBA-mandated SBDC services including confidential business advising, business management training coordination, and referral relationships with banks, chambers of commerce, and economic development organizations across North Dakota.

Activity has remained flat at one to two awards annually over the past five years. Two awards face ultimate completion within the next twenty-four months, presenting recompete opportunity for the organization to renew its USDA and SBA grant footprint. The combined dollars obligated across all thirteen awards total $1.2 million, with all recent activity concentrated in rural development and small business support in the Upper Midwest.