US Treasury awards Alaska nearly $60M in small business funding
[Alaska News Source]
ANCHORAGE, Alaska (KTUU) – The U.S. Department of the Treasury announced Tuesday that Alaska is among 11 states to be approved for the most recent round of State Small Business Credit Initiative funding.
According to a press release from the treasury, Alaska is set to receive $59.9 million in SSBCI monies that will be directed to lenders in order to provide opportunities for commercial fishing, mariculture, tourism, manufacturing, and other industries. The release said that Alaska’s funding will be split up into four programs.