Alaska Small Business Development Center

SSBCI March 2024 Update

March 15, 2024

What an impact!

The Alaska SSBCI program has worked with First National Bank Alaska, Northrim Bank, Business Impact NW, and Cook Inlet Lending Center to distribute $32 million in loans to 46 Alaskan businesses across 20 communities.

In particular, the program has prioritized supporting underserved communities, with 41 funded businesses identifying as Socially and Economically Disadvantaged (SEDI).

This focus on SEDI businesses helps ensure that all Alaskans can succeed and contribute to the state’s economic growth and revitalize Alaska’s economy.

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