Minot City Council Unanimously Approves MAGIC Fund Request

Posted: Apr 04 2017
With a unanimous vote, IMG_1782.JPGMinot City Council approved the Minot Area Development Corporation’s (MADC) MAGIC Fund request of $375,100 to establish Minot as the headquarters for unmanned aircraft systems (UAS) Bakken operations.  The project will deliver countless benefits for the whole city of Minot; generating at least $2,307,856 in capital investments, creating 15 new full-time high paying jobs (at minimum), and will lead to additional opportunities for the Magic City.
This project is a result of MADC’s new MAGIC Sky Initiative which helped secure SkySkopes, a leading drone service provider, as the first UAS business in Minot. In late December, SkySkopes announced the opening of the Minot office. Since the announcement of the Minot office, Matt Dunlevy, President/CEO of SkySkopes, has been devoted investing in the Minot community. Dunlevy joined the advisory committee of the Minot Public Schools aviation technology program, he’s leveraged SkySkopes to provide the first thermal energy audit for higher education in ND on the Minot State University (MSU) campus at no charge, agreed to speak to MSU students at the Severson Entrepreneurship Academy and College of Business, and is currently working with Minot’s Fire Department to provide assistance for emergency response needs in Minot and Western North Dakota. In February of 2017, SkySkopes was nationally recognized and hand-picked as one of the top three UAS companies to service the oil and gas industry. 
MagicSkylogoNavy.jpg“I’m thrilled to see the excitement across the community for this project. This MAGIC Fund request will provide a strong return on investment and positively influence Minot’s economy, but the request also symbolizes the exciting potential for MADC’s MAGIC Sky Initiative. This project completely fits the purpose of the MAGIC Fund- to create jobs, expand the local tax base, increase capital investment, and expand the primary sector financial base of the area. Minot is extremely lucky to have an experienced and nationally recognized company like SkySkopes committed to making Minot the headquarters for UAS Bakken operations,” explained Stephanie Hoffart, President/CEO of MADC.
The State of North Dakota has invested more than $37 million into development, marketing and attracting a UAS ecosystem; and Minot is truly at a tipping point to fill a niche in this growing industry. Minot is strategically positioned for UAS operations and MADC encourages community members to visit MADC’s website to learn more about the exciting potential and impact the UAS industry could have in our Magic City.