Innovative competition rewards Alaska entrepreneurs with startup funds
The Haa Aaní Community Development Fund and The Nature Conservancy in Alaska have received the 2015 International Economic Development Council (IEDC) Silver Award in recognition of their innovative Path to Prosperity business development competition. The IEDC is the world's largest economic development organization and each year, the group recognizes innovative, successful economic development programs that are positively impacting their communities and region. The IEDC presented the award earlier this month at its annual convention, held this year in Anchorage.
The annual award recognizes Path to Prosperity for its outstanding success in retaining businesses and helping expand economic opportunity since its founding in Southeast Alaska three years ago. Since launching, Path to Prosperity has awarded $280,000 in prizes to seven winning entrepreneurs from across Southeast Alaska. The competition aims to launch companies that will increase local employment, have a positive social and economic impact on their communities, promote sustainable use of local resources, and increase entrepreneurial know-how and business leadership in Southeast Alaska.
The program has named its 12 semi-finalists for the 2015 competition. Semi-finalists attended the annual intensive 'boot camp' in September where experts, help them to hone their business plans before submitting them for final judging at year's end. Read more about the program and this year's semi-finalists.