Economic Development

Oakes Municipal Airport 2D5

Oakes Enhancement, Inc

Oakes Enhancement, Inc. (OEI) is the local economic development organization for the area. In 1989, the organization was formed to serve as a development group for Oakes with over 400 members joining the organization. In addition to assisting business development, the organization developed industrial park infrastructure.


Our Mission

Oakes Enhancement, Inc. (OEI) shall create an environment that stimulates commercial, industrial, and residential growth and development while enhancing the quality of life in the greater Oakes, North Dakota trade area.


Do Business Here

Why is Oakes a great place to do business? Because we take pride in offering a high quality of life. For us, sustaining a safe, clean, and welcoming community with excellent schools, medical services, parks, and recreation opportunities matters. Not to mention, we’re the commerce and cultural hub of the region. Located in southeast North Dakota 60 miles south of I-94 on Highway 1, we’re able to sustain a diverse mix of businesses while providing a place where people actually want to live.

The purpose and work of OEI are constantly being re-evaluated as things change, but the focus remains constant—making sure Oakes is viable for generations to come.

OEI offers a variety of resources and services to current and prospective businesses. Primarily, OEI supports businesses by providing gap financing rather than acting as a lead lender.

You can view the resources available by clicking here.

Since its inception, OEI has financially supported over 70 local businesses through its existing programs with nearly $100,000 being dispersed specifically through BUMP (Business Update and Maintenance Program) applications, which support businesses in updating the appearance of their existing business.

OEI also grants funding to local non-profits through their charitable gaming program. In 20 years, the organization has granted more than half a million dollars.

The needs and interests of Oakes residents are at the forefront of the thoughts and actions of Oakes Enhancement, Inc.


Current Board Members

Matt Hill | Vice President
John Zetocha | Treasurer
Audrey O'Brien | Secretary
Gary Schnell
Becki Thompson
Alison Peterson
Jeff Forward
Jessica Quandt
Nathan O'Brien
Rebecca Undem | Development Director

View All OEI Board Members


Board Meetings

The Board of Directors meets on the 2nd Thursday of every month at 7:00 a.m. unless otherwise noted. Meetings are held at the Oakes Community Center Meeting Room.


Resources

OEI Review (PDF)
OEI Bylaws (PDF)
OEI Stategic Plan (PDF)


Annual Financial Statements

2020 OEI Financial Report (PDF)