DIVISION OF ECONOMIC DEVELOPMENT OVERVIEW CENTRAL COUNCIL TLINGIT & HAIDA INDIAN COUNCIL OF ALASKA SOUTHEAST ALASKA ECONOMIC SUMMIT
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1 DIVISION OF ECONOMIC DEVELOPMENT OVERVIEW CENTRAL COUNCIL TLINGIT & HAIDA INDIAN COUNCIL OF ALASKA SOUTHEAST ALASKA ECONOMIC SUMMIT FRIDAY, MAY 13, 2011 ALASKA NATIVE BROTHERHOOD HALL JUNEAU, ALASKA 1
2 Presentation Outline: Economic Development Defined Review of Division Structure and Programs Opportunities, Issues and Challenges Questions 2
3 Economic Development Defined: a program, group of policies, or activity that seeks to improve the economic well-being and quality of life for a community by creating and/or retaining jobs that facilitate growth and provide a stable tax base. 3
4 Economic Development in Practice: takes a long time requires a lot of resources requires a lot of human capital requires consistency and stick-to-itiveness requires planning, coordination, and doing 4
5 Economic Development in Practice: 5
6 DED Structure and Programs Mission: Promote Economic Opportunities DED Structure: Development Section Financing Section Economic Analysis & Planning 6
7 Development Section Provides business outreach and development programs, targeted support and development activities to core and emerging industries, and coordinates special projects on topics that impact business and the economy. Development Programs Business Outreach and Development Natural Resources Development Tourism Development Film and Entertainment Media Development Special Projects 7
8 Business Outreach and Development Liaison with Businesses, Business Advocacy Organizations and NGOs Alaska Product Preference Programs Made in Alaska Program Developing: Business Retention and Expansion Program (BRE) 8
9 Natural Resources Development Seafood & Ocean Products Minerals Development Timber & Forest Products Development Activities: Research Marketing State and Federal Policies Permitting & Regulations Barriers to Entry and Expansion: Access to Capital Market Access Technical Assistance 9
10 Tourism Development Destination Marketing Research Destination Planning and Management Workforce Development and Training Liaison with other Public Agencies Rural Tourism Development Business Development thru Mentorship DART Projects in Southeast: Jilkaat Kwan Cultural Center Alaska s Rainforest Islands Kake 10
11 Film and Entertainment Media Development Cooperate with industry on film industry development Promote Alaska as a film location Provide production assistance Workforce development Alaska Film Production Incentive Program 11
12 Special Projects Endangered Species Act Impacts and Defense UA: Enhanced research on targeted species F&G: Enhanced research on potential listings Law: Enhanced collaboration among Western States DED: Coordination and Communication of Findings Connect Alaska Alaska Broadband Map Alaska Broadband Planning Task Force 12
13 Economic Analysis & Planning Provides research, analysis, specialized projects, and regional economic development liaison Alaska Economic Performance Report Alaska Regional Development Organizations Economic Disruptions analysis and declarations Special Topics and Projects: Village Resume, Cruise Passenger Vessel Tax Report 13
14 Financing Section Provides direct access to capital through industry specific loan funds and small business and rural-focused loan funds. 14
15 Loan Funds: Commercial Fishing Long-term, low interest loans to promote the development of predominantly resident fisheries, and continued maintenance of commercial fishing vessels and gear for the purpose of improving the quality of Alaska seafood products. Community Quota Entity (CQE) Loans are available to CQEs for the purchase of Quota Shares and reimbursement of Quota Share purchases. Fisheries Enhancement Loans for planning, permitting, construction, and operation of fish hatchery facilities. 15
16 Loan Funds: Capstone Avionics Loans made to purchase and install eligible Capstone avionics equipment in aircraft that are substantially operated in Alaska. Some of the systems currently being developed in Capstone includes GPS Receivers, Data Link Transceivers, ADS-B, Multi- Function Displays, Flight Information Services, Moving Maps, and Terrain Databases. Rural Development Initiative Fund Small Business Economic Development To provide private sector employment by financing the start-up and expansion of businesses that will create significant long-term employment. 16
17 Loan Funds: Initiatives for New Revolving Loan Funds: Mariculture Revolving Loan Fund Halibut Charter Revolving Loan Fund Microloan Revolving Loan Fund 17
18 Opportunities, Issues and Challenges: 18
19 Opportunities, Issues and Challenges: 19
20 Presentation Outline: Economic Development Defined Review of Division Structure and Programs Opportunities, Issues and Challenges Questions 20
21 Gunalchéesh áyá x axwdataaní Háw'aa WANETTA AYERS, DIRECTOR DIVISION OF ECONOMIC DEVELOPMENT WANETTA.AYERS@ALASKA.GOV (907) (907) (907)
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