Alaska Small Business Development Center

Tag: SSBCI

Empowering Local Economies Through the Alaska SSBCI Programs

December 12, 2024 SSBCI
The Alaska State Small Business Credit Initiative (SSBCI) and the newly launched Tribal SSBCI Consortium are transformative programs advancing equitable economic growth and resilience across Alaska. Through these initiatives, administered by the Alaska SBDC at ...

Creative Mechanisms for Funding Economic Development: SSBCI

October 21, 2024 SSBCI
Ready to learn about game-changing funding for Alaska Native and tribally-owned businesses, and remote communities? Watch the SSBCI State and Tribal segment on “Creative Mechanisms for Funding Economic Development” and discover how innovative programs like ...

Creative Mechanisms for Funding Economic Development: Indigenous Communities

October 21, 2024 SSBCI
Unique and innovative sources and strategies of funding not only help but are at times fundamental for tribes and indigenous communities to pursue and accomplish large scale community economic development projects.

Alaska SBDC on Native America Calling Discussing Alaska SSBCI Tribal Consortium

September 13, 2024 SSBCI
On Tuesday, September 10, 2024, State Director Jon Bittner appeared as a guest on Native America Calling to discuss the ways in which the Alaska SSBCI Tribal Consortium will provide support to tribal and rural ...

Historic Visit Highlights the Launch of Alaska SBDC’s SSBCI Tribal Consortium at UAA

August 28, 2024 SSBCI
U.S. Treasurer Chief Malerba’s Visit Marks a Milestone for Tribal, Rural Entrepreneurship

U.S. Department of the Treasury Announces Up to $83 Million in American Rescue Plan Small Business Support to Drive Economic Growth for 125 Alaska Tribes

August 7, 2024 SSBCI
August 6, 2024 Unprecedented collaboration between Tribes has generated the largest small business financing consortium in the country. WASHINGTON – Today, the U.S. Department of the Treasury announced the approval of up to $83 million ...

New Tribal SSBCI Business Program Launched by UAA’s Alaska SBDC

August 6, 2024 SSBCI
The Alaska SBDC is proud to have worked with the Alaska Federation of Natives to bring 125 Alaskan tribes together in the largest tribal consortium in the nation.

SSBCI June 2024 Update

June 17, 2024 SSBCI
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 ...

SSBCI May 2024 Update

May 15, 2024 SSBCI
This month, Alaska SSBCI helped secure nearly $48.3 million in loans across 25 communities, supporting 66 businesses. Encouragingly, 57 businesses identified as socially and economically disadvantaged (SEDI) and 46 were very small businesses (VSB) with less ...

Tourism Season is Here: Tips for Small Business Success

May 1, 2024 SSBCI
It's prime time for your small business to shine, too. Here's how to make the most of the summer rush without breaking the bank or revamping your web presence. 

SSBCI April 2024 Update

April 8, 2024 SSBCI
The Alaska SSBCI program ​has helped connect $46 million in loans across 23 communities to support 58 businesses. Notably, 50 businesses identified as socially and economically disadvantaged (SEDI), and 40 were very small businesses (VSB) with ...

SSBCI March 2024 Update

March 15, 2024 SSBCI
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 ...

Empowering Alaskan Entrepreneurs: The Alaska State Small Business Credit Initiative

March 1, 2024 SSBCI
After its first successful year, there is no question that the Alaska State Small Business Credit Initiative (SSBCI) program stands out. Not only because it is located in one of the most stunning states and ...

SSBCI February 2024 Update

February 20, 2024 SSBCI
With a loan value of over $30 million spread across 44 loans, Alaska SSBCI has successfully funded 42 businesses, positively impacting 20 communities. Notably, with four lending partners, the program has extended its reach to ...

Alaska SSBCI: 2023 Year in Review

January 26, 2024 SSBCI
At the Alaska Small Business Development Center (SBDC), we thank our lending partners for their commitment and exceptional efforts that made the Alaska State Small Business Credit Initiative (SSBCI) program an outstanding success in 2023. ...

SSBCI December 2023 Update

December 13, 2023 SSBCI
This month, the​ loan program provided $20,493,347 in funding to 31 businesses through 33 loans! Notably, the program expanded its support for Socially and Economically Disadvantaged Individual (SEDI) businesses by financing 27 ventures with a ...

SSBCI November 2023 Impact Update

November 10, 2023 SSBCI
As of November, the Alaska SSBCI soared to new heights, with a whopping $10.9M injected into the ambitions of 23 businesses, sparking positive impact across 18 communities with 17 Statewide Economic Development Initiative (SEDI) businesses ...

Alaska SSBCI October 2023 Impact Update

October 13, 2023 SSBCI
In just one month, loans guaranteed by Alaska’s State Small Business Credit Initiative (SSBCI) witnessed an extraordinary leap. From September to October, loan values soared from $8.5 million to an incredible $10.7 million, fueling the dreams ...

Alaska SSBCI September 2023 Impact Update

September 8, 2023 SSBCI
As of late, Alaska SSBCI has facilitated $8,512,901 in loans – benefiting 16 businesses and 13 communities across the state. Partnerships with leading banks and lending centers, including Northrim Bank, First National Bank Alaska, Cook Inlet ...

Alaska SSBCI August Update

August 14, 2023 SSBCI
With loan values totaling $7,376,300, Alaska SSBCI has helped Alaskan lenders fund 13 businesses, positively impacting 11 communities including Anchorage, Fairbanks, Kenai, Ketchikan, Kotzebue, Naknek, Palmer, Seward, Wasilla, White Mountain, and Yakutat. Successful partnerships with ...
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