Backing the Builders of the EUP

Whether you are launching a high-tech startup or growing a Main Street business, Headwaters North is your partner. We are the region’s SmartZone and Small Business Support Hub, dedicated to turning ideas into engines of economic growth.

Two Paths. One Mission.

For too long, economic development was split in two: "Innovation" was for the labs, and "Small Business" was for the locals. We don't see it that way.
We believe the coffee shop owner expanding their roastery is just as bold as the engineer prototyping a new sensor. Both require grit. Both drive our economy. And both deserve world-class support.
Headwaters North exists to bridge the gap. We provide the capital, connections, and coaching to help startups scale and small businesses thrive.
Aerial view of a campus with brick buildings surrounded by green trees, with a large body of water and a ship in the background.

From the Desk of Nikki Storey

At Headwaters North, we measure success by one metric: Thrive in the Real World

That looks different for everyone. For a tech founder, it might mean securing seed funding to test a prototype in the Soo Locks. For a small business owner, it might mean modernizing operations to pass the company down to the next generation.

But the DNA is the same. It’s about taking what we have - our fresh water, our distinct seasons, our skilled trades, and our community - and building something that will last.

We are your "boots on the ground" partners. Whether you need a patent attorney or a business plan, a prototype lab or a marketing strategy, our door is the first one you should knock on.

We back the builders. We back the dreamers. We back the bold.

Let’s get to work.

How We Operate

Grit over Glamor

Your business is your personal life. We get that. Our one-on-one consulting is 100% confidential and free. We offer a safe space to discuss cash flow, hiring struggles, and tough decisions.

Resource Powered

Banks, grants, and loans can be a maze. We help you navigate the paperwork, prepare your loan packages, and find local lenders who understand our region.

Accountable Action

You’ve built a legacy. We help you protect it. Whether you are selling to a partner or passing it to your kids, we help you plan your exit so the business lives on.

Why the EUP?

For Startups

Access to LSSU's freshwater research, cold-weather testing grounds, and international logistics at the border.
Learn more

For Small Business

A resilient community that supports local, a growing tourism economy, and a network of peers ready to collaborate.
Learn more

The Team of Builders

Nikki Storey
Chief Executive Officer
M. Miche Rayment
SBSH Liaison
Vince Nystrom
Entrepreneur in Residence
Thomas (Tom) Roush
International Innovation Strategist
Taylor Meilstrup
Operations Support Associate
Meghan Mitchell
Marketing & Communications

Board of Directors

Donald Gerrie
Chair
Angie McArthur, Ed.D.
Treasurer / LDFA Chair
Steve Johnson, Ph.D.
Vice Chair
Jeff Hagan
Strategic Planning Chair
Nevin Buconjic
Secretary
Mindy McCready, CPA
Audit Committee Chair
Michael Heise
Trustee