Tribal Venture Capital Funds RFP
The Alaska Small Business Development Center (SBDC)’s Tribal Small Business Credit Initiative (TSBCI) program is requesting proposals from private sector investors to create venture capital funds that support Alaska’s small business sector. This RFP will match up to $22.9 million in private-sector funding to create $46 million in new venture capital funds. These funds will invest in small businesses operating in Alaska, with the goal of generating new economic opportunity and growth across the state.
This funding opportunity is made possible through a consortium of 125 federally recognized Alaskan tribes under the State Small Business Credit Initiative (SSBCI) and administered by the University of Alaska Anchorage’s Alaska SBDC. This program has received funding from the United States Treasury to invest in small businesses across Alaska.
The investment funds created through this RFP will provide critical support to small businesses, including those in Tribal, rural, and underserved communities, as well as very small businesses (VSBs, with fewer than 10 full-time employees).
The Alaska Tribal Venture Capital Fund is seeking proposals from eligible investment entities to create and manage investment funds that will deploy venture funding into eligible small businesses throughout the state. Qualified investors and investment groups are encouraged to submit proposals for new venture capital investment funds on or before 3:00 PM AKDT on April 30, 2025.
Alaska Tribal Venture Capital RFP Email Registration
Please complete this form if you are interested in joining the email list to receive information regarding the Alaska Tribal Venture Capital Request for Proposal (RFP).
Q&A Webinar
Will take place on April 10, 2025, at 2:00 PM AKDT. Registration coming soon.
Recording available after April 14, 2025.
Request for Proposals Schedule
| EVENT | DATE |
| Release of Request for Proposals. | March 27, 2025 |
| This RFP application period will close on April 30, 2025, at 3:00 PM AKDT. | |
| Potential applicants will have the ability to submit their questions via the designated email until the Respond Question Deadline. All questions will be responded to on the website as FAQs. If you are asking a question that is related to company proprietary information, please mark the question in the subject heading with Proprietary Information. | |
| Webinar for open discussion and questions will be an open forum. | April 10, 2025, at 2:00 PM AKDT |
| Webinar will be recorded. | April 14, 2025 |
| Deadline for TVCF to Respond Questions. | April 27, 2025, by 3:00 PM AKDT |
| TVCF will continue to respond on the website to all Inquiries as they are received until the deadline as FAQs. | |
| Submission Deadline. | April 30, 2025, by 3:00 PM AKDT |
| Proposals will be retrieved via a confidential shared drive. This drive is set up with the completion of the application form on the website. We recommend early submission (3 days prior) as we cannot accept applications after the deadline due to delivery errors. | |
| Step I – Review Complete & Invitation to Participate in Step II Review. | 30 days after original submission deadline |
| Announcement of Award. | 30-60 days after panel |
Request for Proposals FAQs
Please see the working FAQ document for detailed information on eligibility, investment requirements, and the application process.