JEDC News, October 2017

Download the latest Economic Indicators report

Get the latest on Juneau's economy by downloading the Economic Indicators booklet straight from our website. Some things you'll learn are:

Juneau's state jobs are down
Juneau's population is down
Business sales continue to rise
Private sector industries are stable or growing
Personal income is up
Unemployment is low
Housing market vacancy rate has improved

JEDC Board of Directors Openings--applications due on Friday, October 27

With deep and diverse experience, the JEDC Board of Directors leads and supports the Juneau Economic Development Council to deliver on its mission to foster a healthy and sustainable economic climate in Juneau and throughout Southeast Alaska.

JEDC Board members are recommended to the CBJ Assembly by the current JEDC Board and then appointed by the CBJ Assembly based upon their experience and expertise in areas relating to economic development and our local economy.

One of three seats open must represent a non-profit environmental organization.

Are you, or someone you know, interested? For more information, visit our site and apply by Friday, October 27th: www.JEDC.org. For more information, call Brian Holst, JEDC Executive Director, at 523-2333 or email.

STEM Afterschool Innovation Grant

BP, the Juneau Economic Development Council, and the Alaska Afterschool Network are excited to announce our 2017-2018 STEM Afterschool Innovation Grant. We are increasing our investment in Alaska's afterschool programs to help meet the growing need for a talented STEM workforce. STEM Afterschool Innovation Grants are designed to support K-12 afterschool programs in their efforts to develop, improve, or expand innovative instructional programs in science, technology, engineering, and mathematics (STEM) during out-of-school time.

Grants of $500 to $2,000 will be awarded to K-12 afterschool providers in Alaska. The grant application period will open this Friday, October 27 and close on Wednesday, November 22. Applications can be submitted online or emailed to [email protected] .

Save the Date: Innovation Summit 2018 -- February 21 - 22

The Innovation Summit, Alaska's premier innovation conference, returns to Juneau this February. Every year we re-imagine the Innovation Summit into something bigger and better to bring you a fresh experience that educates, inspires, and motivates.

Want to share your experience with innovation?
Want to sponsor?
Are you an entrepreneur that wants to participate in the Pitch Contest?

Check out our website for more information: http://www.jedc.org/innovation/

Economic Indicat o r: Juneau's Private Sector is Growing

Juneau's private sector is the total of firms with employees, self-employed individuals and independent contractors. After several stagnant years, Juneau's private sector participants grew by 6.6 percent between 2013 and 2015, and JEDC calculates continued growth of about 1.6 percent through 2016. The greatest business growth between 2011 and 2016 was in the Finance, Information, Real Estate, Health and Social Assistance, and Accommodation and Food industry sectors.

Source: Alaska Department of Labor and Workforce Development, Quarterly Census of Employment and Wages, and U.S. Census Bureau, Non-employer Statistics

*Note: 2016 Estimate uses 2016 data from the Quarterly Census of Employment and Wages and projections by JEDC.

RECAP -- JEDC Partners with AEYC and DBA on Winter Windows

We were happy to participate in a Winter Windows campaign with the Downtown Business Association, AEYC, and United Way. About 13 businesses on South Franklin have drawings completed by children between 3-7. AEYC hosted a drawing contest with the theme, "What I love about growing up in Juneau." All the drawings are expressive and eye-catching! Go take a stroll down Franklin and enjoy the local art.

Investor Spotlight: DeltaWestern

Thank you to DeltaWestern for recently donating $5,000 to our FIRST program. These donations primarily fund STEM educational and teacher training efforts throughout Alaska, including FIRST Robotics. This important work is only made possible through generous corporate sponsors with long-term commitments of building talent in Alaska.

Steve and Kirk from DeltaWestern with JEDC Board Chair, Lauren MacVay

Become a JEDC Investor

We invite you to invest in Juneau by becoming a JEDC Investor. Show your support of the work we do to forward Juneau and Southeast's economy.

By supporting JEDC you are supporting the long-term economic success of Alaska's capital city, and creating a business climate that in turn supports your business or organization.

To learn more about our investor program, please visit www.JEDC.org/investors or send an email to Dana Herndon.