Alaska Marketplace Online Course

Tapping Alaska’s Promise: The Marketplace Competition Model

What is Alaska Marketplace? The Alaska Marketplace is an exciting Alaska Federation of Natives initiative aimed at spurring economic development in rural Alaska by soliciting creative ideas from entrepreneurs across the state in an ‘innovation competition.’ Alaska Marketplace awards - the Kayak exemplifies Alaskan innovation.

What is Alaska Marketplace? The inaugural competition awarded $500,000 to winning finalists , with the top awards for the most promising proposals ranging from $10,000 to $50,000. The competition is open to all Alaskans with creative ideas for stimulating economic growth & community development in rural Alaska.

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Success Story! ,[object Object],[object Object],The Russell’s Winter Taxi Sledcoach has been built, refined, and is currently in the patent process. The Sledcoach was designed by Walter "Sonny" Russell who came up with the idea when he was in high school. It is enclosed and heated - making it optimal for transporting patients between hospital hubs and surrounding villages when weather is bad, the temperature is below 40 and planes aren't able to fly, or during the night. With energy costs going up and air fares very costly, this sled can safely and easily transport people between villages. Sonny already has requests for his sleds from other regions in Alaska.

Success Story! ,[object Object],[object Object],Within a year or receiving their Alaska Marketplace award, the Yukon Adventure Company had secured an accounting firm to establish the business structure, payroll and bookkeeping systems. They also designed a website to include a photo gallery and are concentrating on internet marketing. They are hosting a yoga retreat and are concentrating on preparing for the 2009 tourism season through advertising and purchasing gear, and securing liability insurance.

Quantifying the Impact ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Winner “Raven Frog Fibers” spinning class

Quantifying the Impact ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Year 2 Marketplace Competition Event

Quantifying the Impact ,[object Object],[object Object],[object Object],[object Object],Year 2 Alaska Marketplace Winners

Real Results for Rural Alaska “ The tremendous response we’ve received from across Alaska further proves that there is a wealth of untapped entrepreneurial potential in our great state…. ” Julie Kitka, AFN President

Real Results for Rural Alaska ,[object Object],[object Object],Awardees being recognized at AFN Convention

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Alaska Marketplace Online Course

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Alaska Marketplace Online Course