Growing Economic Opportunity, Rooted in Community
Alaska Growth Capital is an engine for economic development, working closely with our stakeholders to help them create jobs by providing loans, tax credits, credit counseling, consulting services, and grants.
AGC is a subsidiary of ASRC, owned by approximately 13,000 Iñupiaq shareholders, and is a registered with the Community Development Financial Institutions Fund (CDFI Fund) as a Native CDFI and a Community Development Entity (CDE), providing critical financial services to rural and low-income communities with over $100 million of capital provided to rural Alaska.
AGC is proud that approximately 40% of its talented staff are ASRC shareholders, many of whom have grown professionally through AGC and ASRC training and scholarship programs.
AGC sponsors and operates the North Slope Marketplace (NSM), an innovative business competition for ASRC shareholders located one of the eight villages of Alaska’s North Slope. The program provides emphasis on providing services in demand by local people, probability for long-term business sustainability, and the potential for job creation within the local communities. Winners are competitively selected by a committee and provided funds for the development, growth, or expansion of their businesses. For more information, visit North Slope Marketplace.