BuyAlaska is Back!

A Note from the Executive Sponsor The COVID-19 pandemic has caused a global economic recession unlike any in recent memory. It has negatively impacted all sectors and communities across the state almost without exception, forcing businesses to close or restrict operations severely. Alaska’s businesses and core industries of tourism, retail, service, and hospitality are particularly … Continue reading "BuyAlaska is Back!" More

OP-ED: Small Manufacturing Firms Continue to Drive Alaska Economy

OP-ED: Small Manufacturing Firms Continue to Drive Alaska Economy By Jeremy Field Regional Administrator, Pacific Northwest U.S. Small Business Administration (SBA) Local manufacturing businesses and jobs have experienced a resurgence in recent years that needs to continue for our state’s livelihood and connection to the global economy. Before the pandemic, the manufacturing sector employed 11.6 million workers in … Continue reading "OP-ED: Small Manufacturing Firms Continue to Drive Alaska Economy" More

SBA Alaska District Recognizes Local Lenders as Part of Annual National Small Business Week

As major supporters of the Alaska SBDC, we are proud to join the Small Business Administration (SBA) in congratulating and thanking Alaska’s Top Lenders for their commitment and service to Alaskan small businesses. The U.S. Small Business Administration (SBA) Alaska District Office announces the top lenders of the SBA Loan Program in Alaska during Fiscal … Continue reading "SBA Alaska District Recognizes Local Lenders as Part of Annual National Small Business Week" More

September Update from the Alaska SBDC Executive Director

With the pandemic entering into its seventh month and winter fast approaching, we here at the Alaska SBDC thought it would be nice to focus on some positive news for a change. One of the many amazing things about living here in Alaska is that people have amazing resilience. When things get tough, Alaskans come … Continue reading "September Update from the Alaska SBDC Executive Director" More

Pivot Plan is Critical for Small Business Survival in Alaska

Pivot Plan is Critical for Small Business Survival in Alaska By Jeremy Field, U.S. Small Business Administration (SBA), and Jon Bittner, Alaska Small Business Development Center (Alaska SBDC) COVID-19 has had a profound impact on small businesses across the country. As entrepreneurs deal with industry shutdowns, quarantines, and fewer customers, “business as usual” takes on … Continue reading "Pivot Plan is Critical for Small Business Survival in Alaska" More

Choosing a NAICS Code for Your Small Business

Choosing a NAICS Code for Your Small Business (NAICS) stands for the North American Industry Classification System. The system is a multi-national attempt to classify enterprises by their intended economic activity. (LOB or LOW) stands for Line of Business or Line of Work. It refers to the first two digits of the NAICS code and … Continue reading "Choosing a NAICS Code for Your Small Business" More

AK CARES Open with New Eligibility Guidelines

NOW OPEN: Under the newly expanded eligibility guidelines, the State’s AK CARES grant program is accepting applications! You are now eligible to apply regardless of the amount of federal relief funding that you may have received, or if your business is considered your secondary income. If you were formerly ineligible, we encourage you to apply … Continue reading "AK CARES Open with New Eligibility Guidelines" More

Red Spruce inside Forbidden Peak Brewery

Last January, a global street-food eatery opened inside the Juneau taproom of Forbidden Peak Brewery. Founded by chef Lionel Udippa, Red Spruce AK offers a robust and flavorful rotating seasonal menu featuring a range of tastes and cuisines. When the coronavirus pandemic hit, Uddipa and his close-knit team had to roll up their sleeves and … Continue reading "Red Spruce inside Forbidden Peak Brewery" More

August Update from the Alaska SBDC Executive Director

As summer starts to wind to a close, it’s hard to believe that it’s been six months since COVID-19 changed everything. Alaskans all over the state are still trying to adjust to the “new normal” and are wondering what the upcoming school year will mean for students and parents alike. Congress is working to try … Continue reading "August Update from the Alaska SBDC Executive Director" More

PPP Update & New FAQs

As of July 31, Alaska has received 11,597 Paycheck Protection Program (PPP) loans for a total of $1,278,375,015! Nationally, 5,083,585 loans have been approved for $521,385,950,607. There is currently $128,230,770,853 left in PPP funding. If you’re interested in applying, we can help, just send us an email or register to work with an advisor! SBA … Continue reading "PPP Update & New FAQs" More