Alaska Small Business Development Center

Community Impact

2020 Summary

The Alaska SBDC experienced an unprecedented amount of demand for its services in 2020. With the COVID-19 pandemic impacting the economy, new assistance programs coming online, and new technologies being deployed to try and address the changing world, our advisors were more needed than ever before.

We helped advise a record-setting 1,900 clients raise $52 million in new capital and support 7,100 jobs. Even in the face of the worst economic recession the state has ever seen, our advisors helped entrepreneurs start 161 new businesses.

Our workshops were attended by 6,300 Alaskans, and were provided to them free of charge during the pandemic so they could focus on their businesses and not on fees.

Statewide Results

1
Clients Served
1
New Clients
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
1
Communities Assisted
$ 1
Capital Raised
1
Workshops Offered
1
Workshop Attendees
1
On-Demand Services

Anchorage Region

1
Clients Served
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
$ 1
Capital Raised
Top Five Industries Advised
Industry
% Advised
Professional / Technical
12%
Accommodation / Food Service
11%
Retail
11%
Manufacturer / Producer
10%
Healthcare
9%

Fairbanks Region

1
Clients Served
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
$ 1
Capital Raised
Top Five Industries Advised
Industry
% Advised
Retail
19%
Service
11%
Accommodation / Food Service
11%
Manufacturer / Producer
11%
Professional / Technical
11%

Juneau Region

1
Clients Served
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
$ 1
Capital Raised
Top Five Industries Advised
Industry
% Advised
Retail
18%
Service
14%
Accommodation / Food Service
12%
Healthcare
7%
Transportation / Warehousing
7%

Kenai Peninsula Region

1
Clients Served
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
$ 1
Capital Raised
Top Five Industries Advised
Industry
% Advised
Accommodation / Food Service
24%
Healthcare
12%
Arts / Entertainment
8%
Manufacturer / Producer
8%
Retail
8%

Ketchikan Region

1
Clients Served
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
$ 1
Capital Raised
Top Five Industries Advised
Industry
% Advised
Retail
15%
Accommodation / Food Service
13%
Arts / Entertainment
13%
Manufacturer / Producer
11%
Service
11%

Mat-Su Region

1
Clients Served
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
$ 1
Capital Raised
Top Five Industries Advised
Industry
% Advised
Accommodation / Food Service
16%
Service
16%
Construction
12%
Manufacturer / Producer
9%
Retail
9%

Rural Region

1
Clients Served
1
Advising Hours
1
New Businesses Created
1
Jobs Supported
$ 1
Capital Raised
Top Five Industries Advised
Industry
% Advised
Retail
18%
Agriculture / Forestry / Fishing / Hunting
15%
Accommodation / Food Service
12%
Arts / Entertainment
10%
Manufacturer / Producer
9%