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Alaska SBDC asks borough to continue support after reporting $16 million in capital aided clients
Summary
The Alaska Small Business Development Center presented results showing nearly $16 million in capital infusion tied to local clients in FY 2024 and asked the borough to continue annual funding that supports local advisors in Kenai, Soldotna, Seward and Homer.
Alaska Small Business Development Center director Cliff Cochran told the assembly on May 20 that the SBDC’s Kenai‑Peninsula service team supported nearly 500 active clients in the preceding year and reported roughly $16 million in capital infusion tied to local clients in fiscal 2024.
Cochran described the SBDC’s no‑cost confidential advising, low‑cost workshops and industry toolkits. He…
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