Alaska Small Business Development Center

News

State of Alaska Announces the AK CARES Grant Program

May 27, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
The purpose of the AK CARES Funding Program is to provide emergency relief grants to small businesses that were unable to receive support from the SBA Paycheck Protection Program (PPP), Economic Injury Disaster Loans (EIDL),

Mandala Restaurant brings Savory Goodness to Anchorage

May 21, 2020 Anchorage COVID-19
After months of careful planning assisted by the Alaska Small Business Development Center, Sanjay Shrestha prepared to open Mandala Restaurant in Anchorage in March 2020. When the pandemic hit, his plans to open stalled amidst the statewide

6/3: Alaska SBDC Virtual Class in McGrath

May 21, 2020 Rural Workshop
Learn How to Find Your Business’ Monthly Break Even The Alaska SBDC Director of Rural Program Development, Jennifer Adams, will be hosting a webinar for the McGrath community to present on learning how to find

2020 TREND SBIR Phase 0 Awards

May 20, 2020 TREND/SBIR
The 2020 TREND SBIR Phase 0 pool of applications was stronger and more competitive than ever. Even though the applications’ submission deadline was disrupted by the outbreak of the COVID-19 epidemic, due to the strength

SBA and Treasury Release PPP Loan Forgiveness Application

May 18, 2020 COVID-19
The U.S. Small Business Administration (SBA), in consultation with the U.S Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform

Applications Open for the Municipality of Anchorage’s Small Business Grant Pilot Program

May 13, 2020 Anchorage COVID-19
ANCHORAGE — The Municipality of Anchorage dedicated $1 million for grants to small businesses and nonprofits impacted by COVID-19. Too many small businesses and nonprofits are bearing the cost of responding to the public health crisis, and

Paycheck Protection Program (PPP) Report – May 8

May 11, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
The U.S. Small Business Administration (SBA) released an updated Paycheck Protection Program (PPP) Report detailing data from the second round of PPP funding through May 8. Round 1 of the PPPP saw 4,842 Alaskan businesses receive $922

May Update from the Executive Director

May 11, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
As we enter into the eighth week of the statewide hunker down order, we’re starting to see some light at the end of the tunnel. State and local officials have begun to ease up on

Commerce Secretary Announces Allocation of $300 Million in CARES Act Funding

May 8, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
From our friends at the United Fishermen of Alaska 5/7/20. Alaska is allocated for $50,000,000. Interstate marine fisheries commissions, Puerto Rico, and U.S. Virgin Islands will disburse funds to address coronavirus-related losses. Today, the Secretary

EIDL Open for Agricultural Businesses

May 4, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
The SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to provide relief to U.S. agricultural businesses. The SBA is encouraging all eligible agricultural businesses

EIDL and PPP Processing Information from the SBA

May 1, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
Looking for information on your EIDL and/or PPP loan? Look no further, here is an in-depth update from the Small Business Administration (SBA): Information regarding the Paycheck Protection Program (PPP) As local financial institutions are

EIDL Application Processing Resumes

April 28, 2020 COVID-19 Funding & Loans
With additional funding provided by the new COVID-19 relief package, the Small Business Administration (SBA) will resume processing Economic Injury Disaster Loans (EIDL) and Emergency Advance applications that are already in the queue on a

PPP Reopens April 27th

April 27, 2020 COVID-19 Funding & Loans
Approved local PPP lenders will resume accepting PPP loans on Monday, April 27th. Loan applications already submitted will continue to be processed on a first-come, first-served basis. All eligible borrowers should work with an approved

April Update from the Executive Director

April 17, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
The last few days have been a rollercoaster ride of good and bad news coming from Federal, state, and local levels. Top of mind for most businesses is the announcement on April 15th that the

Highlighting: J&W’s Fast Food

April 8, 2020 Rural Success Story
For the week of Spring Break, children in Wrangell enjoyed free lunch from J&W’s. With the outbreak of COVID-19 and the subsequent school closures, J&W’s is providing reduced rate lunch to children to ensure they

Alaska SBDC COVID-19 Update on SBA EIDL Process

March 30, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
The Small Business Administration (SBA) has made significant improvements to the Economic Disaster Relief Loan (EIDL) application website and submission process. Here is the new starting page for the SBA EIDL If you have not

El Préstamo para Desastres por Danos Economicos está ahora disponible en Alaska

March 26, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
El Gobernador Dunleavy ha anunciado que la declaración por parte del Gobierno Federal de Alaska como Estado afectado por el desastre económico ha sido aprobada por la Administración para el Pequeño Negocio (Siglas SBA en

Alaska SBDC COVID-19 Update: Economic Injury Disaster Loan is Open for Alaska

March 21, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
*Updated EIDL application process can be found here* Economic Injury Disaster Loan is Open for Alaska Alaska’s federal disaster declaration submitted by Governor Dunleavy has been approved by the Small Business Administration (SBA). The SBA

Alaska SBDC COVID-19 Update: Preparing for the SBA Economic Injury Disaster Loan (EIDL)

March 20, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
*Updated EIDL application process can be found here* Though disaster funds have not been made available to Alaska yet (as of March 20), Governor Dunleavy has submitted the request and we expect they will be

Alaska SBDC On-Demand Workshops Are No-Cost Through April

March 19, 2020 Anchorage COVID-19 Fairbanks Juneau Kenai Peninsula Ketchikan Mat-Su Rural
We understand this is an uncertain time and we are here to help. Due to the immediate difficulties presented to small businesses impacted by Coronavirus disease (COVID-19), ALL Alaska SBDC On-Demand workshops are being offered
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