Alaska Small Business Development Center

News

Wells Fargo Provides Funding to Support Interior Businesses

The Alaska SBDC is proud to announce a new partnership with Wells Fargo Bank to support Interior businesses. Through a $20,000 grant to the Alaska SBDC, Wells Fargo has allowed us to provide expanded services, free

SBA’s Seattle District Wednesday Webinars

Wednesday Webinars with SBA’s Seattle District is an ongoing series of free, virtual webinars covering a variety of topics to benefit small business owners. Each week, they will feature a different area of SBA programing,

Q3 BizBuySell Insight Report

Small Business Acquisition Prices Drop in Q3, Seller Confidence Dims as Inflation Compresses Margins Sale prices declined for the second consecutive quarter, down 14% year-over-year Transactions soften as demand shifts to lower-priced businesses, restaurant deals

Know the Difference Between a Hobby and a Business

Sometimes knowing the distinction between a hobby and business isn’t always clear cut. The IRS has provided resources to assist in understanding the difference. The IRS provides the following information to help a taxpayer determine if

November 2022 Update from the Alaska SBDC Executive Director

The holiday season is upon us and that can only mean one thing: I’m going to eat too much and wait too long to buy presents for friends and family. Maybe this year will be different

Amazing Holiday Gift Ideas – Shop Local

Gifts from local businesses are thoughtful, unique, and a great way to support our local economies. The BuyAlaska Holiday Gift Guide features inspired gift ideas from Alaska businesses. Get started on your local holiday shopping using the

October 2022 Update from the Alaska SBDC Executive Director

Snow has been spotted as far south as Anchorage and my utility bills have started creeping higher now that my kids have started turning the heat up when I’m not looking which can only mean

Alaska Launches SSBCI – $59 Million Small Business Financing Program

FOR IMMEDIATE RELEASE: October 24, 2022 ALASKA LAUNCHES $59 MILLION SMALL BUSINESS FINANCING PROGRAM The State of Alaska, the University of Alaska, and the Alaska Small Business Development Center (Alaska SBDC) today announced the launch

SBA EIDL Deferment Period is Ending: Are You Ready?

The deferment period for SBA Economic Injury Disaster Loans (EIDL) is coming to a close soon, which means many businesses must now begin making loan payments. To learn how to create an account at pay.gov,

Alaska Women’s Business Center (AWBC) Is Now Open for Business

The Alaska SBDC is pleased to welcome Alaska Women’s Business Center, a program of Business Impact NW in partnership with the U.S. Small Business Administration. The  Alaska Women’s Business Center (AWBC) will provide free and low-cost counseling

Attention Certified VOSBs and SDVOSBs

Effective January 1, 2023, the VA certification application process will be transferred to the SBA. Here is what you need to know. Action Needed Background Effect of VA Verification Period of Eligibility See the details specific

IRS Advises That Improperly Forgiven Paycheck Protection Program Loans Are Taxable

The IRS recently issued guidance addressing improper forgiveness of a Paycheck Protection Program (PPP) loan. The guidance confirms that, when a taxpayer’s loan is forgiven based upon misrepresentations or omissions, the taxpayer is not eligible

Deposit Requirements for Employment Taxes

Be sure to grab the recently updated Notice 931, Deposit Requirements for Employment Taxes which informs taxpayers of their federal tax deposit requirements for quarterly Form 941 and annual Forms 943, 944, 945 and CT-1. This contains a thorough

Alaska SBDC and EPSCoR Congratulate the 2022 Phase 0 Grant Awardees

The Alaska SBDC and UAF’s EPSCoR are proud to announce this year’s recipients of the TREND Phase 0 grants.  Through the TREND Phase 0 Program, grants of up to $10,000 are awarded to Alaskan innovators

Small Businesses and Alaska’s Economic Recovery: 2021 Alaska SBDC Annual Report

The last few years have been some of the most difficult and hard to predict times Alaska’s small businesses have ever seen. Between a global pandemic, supply chain breakdowns, workforce shortages, hundreds of new funding

2021 Annual Alaska Small Business Survey

FOR IMMEDIATE RELEASE: 02/02/2022 Alaska SBDC and small businesses see economic recovery in their future The 2021 Annual Small Business Survey Report shares data-driven insight on Alaska Small Businesses during pandemic recovery. Anchorage, Alaska –

November is Veterans Business Month

Veteran-owned businesses are a critical part of the US economy and contribute more than $1.14 trillion to the nation’s annual total sales. The Alaska SBDC is committed to assisting veterans and their families, which is

October is Cybersecurity Month

Is your business prepared for a cyber attack? Hackers are clever and continue to come up with creative ways to threaten your data. Cyber attacks not only jeopardize your own personal data, but also the

Join Alaska SBDC and EPSCoR in Congratulating its 2021 Phase 0 Grant Awardees

Through the TREND Phase 0 Program at the Alaska Small Business Development Center (Alaska SBDC) in partnership with the University of Alaska Fairbanks Established Program to Stimulate Competitive Research (EPSCoR), $10,000 grants are awarded to

National Small Business Week 2021 Virtual Summit Announced September 13-15

Coming up on September 13 – September 15, 2021: National Small Business Week Virtual Summit hosted by the U.S. Small Business Administration   Attend this free, online event to learn new business strategies, meet other