Business digest (Aug. 9)
Rapid City engineering firm joins AE2S
The two firms specialize in environmental and civil engineering services with a focus on water. The CETEC business will operate as AE2S and will maintain its current office in Rapid City.
ND ranks No. 2 in business survival rates
North Dakota ranked second in the nation for business survival rates, according to data from the Bureau of Labor Statistics’ Business Employment Dynamics data series.
The study assessed the states in which new businesses were most likely to survive.
There were 1,094 businesses established in North Dakota in 2003. Nearly half of these businesses – 47.1 percent – survived until 2013. Nationally, 610,082 businesses were established in 2003. Of these businesses, 226,809 – 37.2 percent – survived. Overall, California had the highest survival rate.
The number of limited liability companies registered in North Dakota increased 130 percent during the past four years from 12,459 to 28,657, according to North Dakota Secretary of State Al Jaeger.
The complete Bureau of Economic Analysis report is available at www.bls.gov/bdm.
Women’s Business Summit set Oct. 12-13
The 2014 Center for Technology and Business Women’s Business Summit will be Oct. 12-13 in Bismarck.
An opening night “Wine, Women and Chocolate” reception has been added this year and will be held in honor of CTB’s 15-year anniversary.
The nonprofit was founded in 1999 by Tara Holt and provides business development services in North Dakota for individuals and small businesses. CTB specializes in training related to leadership, technology and women’s business development and has served over 21,000 North Dakotans since it opened.
This year’s summit will include a breakfast with entrepreneurs, keynote speaker Kristen Hadeed, the founder of Student Maid, and various breakout sessions.
For more information, visit www.ndwomensbusinesssummit.com or call (701) 223-0707.
Regus leases space in Brandt Crossing
Property Resources Group, Fargo, has leased a 15,000-square-foot space in Brandt Crossing Office Park on 45th Street South in Fargo to Regus Corp.
Regus and its brands (HQ and Regus Express) provide serviced offices, virtual offices, meeting rooms and videoconferencing to clients on a contract basis. Regus currently operates in 100 with 1,800 business centers.
The new office center in Fargo is slated to open in the spring.
Friendship Inc. to be renamed CHI Friendship
Friendship Inc. will be renamed CHI Friendship, a change that is part of a systemwide branding strategy by parent organization Catholic Health Initiatives.
The new name and logo will be implemented in all of CHI’s markets over the next several months.
Grant to expand dementia care program
Ecumen has been awarded a $265,000 grant from the Minnesota Department of Human Services to fund expansion of its Ecumen Awakenings dementia care program into Ecumen Evergreens of Moorhead and other assisted-living communities in the state.
The care program emphasizes managing Alzheimer’s and related dementias without highly sedating drugs. The grant is for a one-year pilot program in 14 of Ecumen’s 33 assisted living communities.