A Note from the Alaska SBDC State Director

Fool's Spring has sprung in most of the state and much like the swallows returning to Capistrano, the Alaskan tourists are not far behind! 


New potential tourism infrastructure developments announced in Seward and Douglas Island as well as some encouraging early visitor registration data from the tourism industry leads me to believe that we’re in for another banner year for visitors! 


If you’re looking to prepare yourself for the summer season, make sure to reach out to your advisor now and beat the rush!

Spring is also conference season for most of the nation. I recently got back from the annual Reservation Economic Summit (RES) conference in Nevada where I was asked to speak about Alaska’s State Small Business Credit Initiative (SSBCI) Tribal Consortium. The Alaska SBDC has put together the largest Tribal SSBCI program in the nation and is deploying the funding faster than any other participant in the program. The U.S. Treasury wanted us to share how we did it so others could learn from our success. It was an amazing experience to be able to present at the largest Indigenous business conference in the nation and I was encouraged to see how many other Alaskans were there learning and teaching.


For those of you who haven’t heard, the Alaska SBDC is managing two SSBCI programs, one for the State of Alaska and one for a consortium of 125 of Alaska’s federally recognized tribes. Through our SSBCI programs, we’ve already helped drive more than $120,000,000 in new loans to small businesses in 30 communities across Alaska making us a national leader in SSBCI deployment.


SSBCI isn’t the only thing we’re leading the nation on, our AI Resource Program is also making waves on the national front! I hope that all of you were able to attend our recent SBDC Summit in Anchorage. We had over 300 attendees and 50+ speakers from all over the nation!


Our AI team is working hard to develop new GPT tools and training that they are deploying to hundreds of organizations across the US to help them better assist small businesses using AI. If you’re interested in learning more, you can tune into a joint webinar on March 25th; AI in Action: Practical Strategies for Small Businesses in Alaska and Nevada, between the Alaska SBDC, the Nevada SBDC, and the San Francisco Federal Reserve.


I’m sure you don’t need me to tell you that things are a bit chaotic right now. Several economic changes are impacting Alaska and the nation that can be difficult to track and plan for. As a small business, it can be hard to stay on top of things and try to plan to position your business for success. As always, the Alaska SBDC is here to help. 


Our advisors are tracking the latest trends, staying on top of federal, state, and local funding shifts, monitoring industry trends, and talking to businesses and policymakers across Alaska to help you make the best decisions possible for your business. I hope you reach out and let us help you navigate these changing times. Together we can help set your business up for success no matter what comes.

What's New at the Alaska SBDC

Thank You for an Incredible SBDC Summit!

A heartfelt thank you to our supporters, speakers, presenters, and attendees for making the SBDC Summit: Innovation in AI, Healthcare, & Business a resounding success! 


Your invaluable contributions and active participation have sparked meaningful conversations and collaborations that will drive Alaska's innovation landscape forward. 


Special thanks to our generous supporters, the Wells Fargo Foundation and Providence Alaska, for their invaluable contributions; our guest speakers from Amazon Web Services, Opiaid, and Hewlett Packard Enterprise for sharing their expertise; and the University of Alaska Anchorage and UAA Business Enterprise Institute for their partnership and participation in making the 2025 #SBDCSummit possible! 


We sincerely appreciate our incredible local speakers and moderators whose insights and expertise made the Summit truly outstanding! Together, we're empowering local businesses and Alaska's communities to thrive in an AI-driven world.

SBDC in the Community

State Director Jon presented the Alaska SSBCI Tribal Consortium program to a full audience at the Reservation Economic Summit (RES).


The National Center for American Indian Enterprise Development (NCAIED) embraced Beyond Boundaries for the 2025 RES conference, bringing together tribal leaders, members of Congress, federal agency representatives, state and local officials, and CEOs.

SSBCI Technical Assistance Funding Specialist Casey had an incredible time at the 4th annual Mariculture Conference of Alaska in Sitka. He connected with industry leaders, researchers, and entrepreneurs shaping the future of mariculture in Alaska.


Alaska’s mariculture industry is full of potential—and we’re proud to support its growth! 

"I’m still smiling from being a part of the Anchorage Chamber of Commerce Make it Monday panel - what a smart, inspiring, and insightful group of women, both on stage and in the audience! From sharing skills for long-term success to spontaneous outbreaks of song, the conversation was full of heartfelt moments. I’m more committed than ever to ensuring that women have economic opportunity in Alaska and beyond!" - Director of Special Programs & Strategy Gretchen Fauske 

Alaska SBDC Workshops & Events

Workshops Tailored for Your Success

Entrepreneurs are resilient and gritty. No matter the hour or where you live in the state, we're right there with you.


Visit our website for our suite of statewide SBDC workshops to get started at your convenience and at your pace. Remember to ask your Alaska SBDC advisor about accessing client discounts on fee-based workshops!


All Alaska SBDC workshops are free for active duty military, spouses, and veterans. Contact us to set that up for you!

Alaska SBDC Business Programs 

AI Resource Program Director Carlos presented "Enhancing Productivity with AI Tools" at the 2025 SBDC Summit!


Attendees explored live demos, interactive sessions, and hands-on AI tools like Napkin AI, Perplexity, SORA, and ChatGPT Teams, discovering practical ways to boost efficiency.


The Alaska SBDC AI Resource Program remains committed to helping businesses harness AI for growth. Stay tuned for more opportunities to innovate! 

AI Resource Program Webpage

Aspire Med Spa in Anchorage is elevating its services with AI, thanks to guidance from Carlos Machuca, Director of the AI Resource Program. By incorporating AI, Aspire Med Spa has improved efficiency, reduced costs, and enhanced client care.


The AI Resource Program, a program of UAA's Alaska SBDC, is empowering small businesses statewide and nationally with AI tools to boost operations, marketing, and innovation!

Read the Alaska Business Article!

Support Local, Strengthen Community


Every time you shop local, you’re investing in the heart and soul of your community. Local businesses create vibrant gathering spaces, celebrate traditions, and reflect Alaska's unique character.


They also attract visitors, fuel the local economy, and keep our heritage alive for future generations, which makes year-round support even more important!


Every dollar spent locally helps preserve the spirit that makes your community special. Choose local. Choose Alaska.

Learn More About Local Impact!

Over the past month, the Alaska SSBCI programs have provided impactful support to small businesses across the state and underserved communities.


The total loan amount for the state program reached $79.44 million, benefiting 102 loans across 86 businesses in 26 communities.


Tribal lending saw significant growth, with the total loan amount rising to $40.69 million, up from $24.89 million in February.


The number of loans also grew to 28, compared to 23 in the previous month, with 26 businesses receiving assistance across 14 communities, up from 22 businesses and 11 communities.

SBDC Success Stories

Since 1986, the Alaska SBDC has been dedicated to helping Alaska’s small businesses start, grow, and thrive through expert advising, workshops, and resources. Check out these recent success stories and join us in celebrating the incredible entrepreneurs who make our communities stronger!

Partner & Statewide Updates

Are you prepared for a potential volcanic eruption? Review your emergency plan, protect your assets from volcanic ash, and stay informed, visit ready.alaska.gov.


FinCEN has paused enforcement of the Corporate Transparency Act (CTA) while revising regulations to narrow its scope. Read more.


The U.S. Small Business Administration announced its list of state and territory Small Business Persons of the Year, including Alaska's Christine Hopkins of ASCI Federal Services, LLC!


The Anchorage Chamber celebrated Women’s History Month with an inspiring all-women panel, including the SBDC Director of Special Programs & Strategy, on leadership and supporting future generations. Learn more.


Greater Wasilla Chamber of Commerce Celebrates a year of success at the annual membership meeting. Read more.


Join Alaska MEP’s ManuMixer in Kodiak on March 27! Connect with food manufacturers and industry leaders ahead of the 2025 Alaska Food Festival. Learn more.


It’s time to vote for the Best of Alaska Business 2025! Celebrate outstanding businesses across the state in new and returning categories. Cast your vote.


Protect your small business while exporting with tips from EXIM, including trade finance solutions like Export Credit Insurance. Get started.

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Alaska SBDC is partly funded through a Cooperative Agreement with the U.S. Small Business Administration (SBA) and is a UAA Business Enterprise Institute partner program. All opinions, conclusions, or recommendations are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA-funded programs are extended to the public on a nondiscriminatory basis.