Anchorage’s entrepreneurial landscape is vibrant, with numerous programs and resources dedicated to supporting local businesses. These initiatives provide essential training, funding, and mentorship to help entrepreneurs thrive.
Alaska Small Business Development Center (SBDC)
The Alaska SBDC, based at the University of Alaska Anchorage, offers comprehensive support to small businesses. In 2024, the center assisted in launching 132 new businesses and contributed to $82.7 million in sales growth. Their services include business advising, workshops, and access to capital, fostering a resilient entrepreneurial community. Learn more
Set Up Shop Program
Operated by the Anchorage Community Land Trust, the Set Up Shop program empowers entrepreneurs in underserved communities, including Fairview, Spenard, Muldoon, and Mountain View. The program offers training, business assistance, lending, and real estate services to help entrepreneurs start or grow their businesses. Discover more
49th State Angel Fund
The 49th State Angel Fund provides capital to high-growth businesses, aiming to promote entrepreneurship and innovation in Anchorage. Their mission includes strengthening Alaska’s risk capital and entrepreneurial ecosystem, assisting early-stage and disadvantaged businesses. Read more
Upstart Alpha Accelerator
Upstart Alpha, a program by the University of Alaska Center for Economic Development, is designed for early-stage entrepreneurs. It offers a structured, phased progression to help transform ideas into startups, providing access to a valuable network of peers, mentors, and experts. Find out more
Microenterprise Grants
The State of Alaska’s Department of Health offers Microenterprise Grants for individuals with qualifying disabilities to start or expand a business. Grants range from $500 to $10,000, supporting various business needs such as licenses, inventory, equipment, and marketing activities. Learn more
These programs collectively contribute to a robust support system for Anchorage’s entrepreneurs, fostering innovation and economic growth within the community.