Alaska Small Business Development Center

SSBCI June 2024 Update

June 17, 2024

The Alaska SSBCI program is making a significant impact on small businesses in the state. As of June 2024, they have issued 89 loans totaling over $66 million to businesses across 26 communities. The program is prioritizing supporting socially and economically disadvantaged businesses (SEDI) and very small businesses (VSB), with 70% and 72% of funded businesses falling into those categories respectively.

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