Economic Development
RSSEconomic development in Alaska is the set of efforts to grow jobs, investment and industry across the state. It takes in workforce training, business attraction, tourism marketing, land deals, and financing through agencies like the Alaska Industrial Development and Export Authority (AIDEA).
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Calista pays to extend local Typhoon Halong recovery jobs after state funding runs out
Calista Corporation's board committed company money to keep local hire going on Typhoon Halong recovery after state funding ran out this fall, Calista President and CEO Andrew Guy wrote in a message published Thursday.
The money let local hire in storm-damaged communities continue longer than it otherwise would have, Guy wrote. Calista Brice subsidiaries employed nearly 100 community members, including 81 Calista shareholders and descendants. They removed debris, repaired boardwalks and did electrical, plumbing and mechanical work.
Together those local hires worked nearly 62,000 hours and earned more than $4.3 million in wages.
The figures come from Calista's own account in Storyknife, its shareholder newsletter. Guy did not say how much the board committed or how long the extended work will run.
The remnants of the typhoon hit western Alaska Oct. 11 and 12, 2025, according to an earlier Calista publication. In it, a Brice Inc. project manager described Kipnuk as the hardest hit village and said Kwigillingok also lost many homes, community buildings and critical infrastructure.
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Stories on what’s next
Over-the-Counter Land Sales Begin - Auction #498 and #499 Unsold Parcels
Alaska Is Selling Off Pieces of Itself — to Alaskans First
Alaska is auctioning 152 pieces of itself — residents only, no warranties, sometimes no road, and the state reserves the right to give your remote dream lot some neighbors.

Over-the-Counter Land Sales Begin - Auction #498 and #499 Unsold Parcels
Alaska's state farmland auction draws 55 bids on 19 parcels
Bidders offered $1.17 million for 17 state farm parcels near Nenana and Anchor Point. Now they have five years to make half the cropland farmable, or no title.

AIDEA Investment Manager Proposals Due
AIDEA waives size and age rules for firms bidding to invest $25 million of its money
AIDEA waived its $1 billion size and three-years-in-business rules for firms bidding on $25 million of its cash. Picks come days before a new governor.

Fairbanks North Star Borough — Economic Development Commission
Fairbanks economic panel could recommend changing its role in sister city ties
Fairbanks' economic development commission could recommend changing its role in the borough's sister city ties Nov. 20. UAF will also talk workforce needs.

Alaska DNR Oil and Gas Division - Written Comments Due on Alyeschem Lease Amendment
State moves to expand lease for Alyeschem's North Slope methanol and diesel plant
The state moved Friday to give Alyeschem's North Slope methanol and diesel plant a bit more elbow room, adding 11.7 acres to its lease and dropping 9.22.

Latest
November 2026
State offers lease for what would be Alaska's first giant data center
Alaska offered STAK Energy a 50-year lease on North Slope land for a giant data center that would run on its own gas power plant, tied to no grid.

State approves giving AIDEA 6,800 acres near Houston, a third of what it first proposed
The state approved giving AIDEA 6,800 acres near Houston free, a third of what it first proposed, and added a clause returning undeveloped land to the state.

Juneau has slightly fewer jobs than in 2012 as state work shrinks and mining grows
Juneau has slightly fewer jobs than in 2012 as state government shrinks and mining grows. The icebreaker that might help needs somewhere for its crew to live.

AIDEA launches InvestNorth to finance Alaska data centers, but Alaskans can't invest yet
AIDEA launched InvestNorth Monday so Alaskans might someday own a piece of data centers it helps finance. There's no project, no price and no way to invest yet.

Serve Alaska seeks AmeriCorps planning grant applications by Dec. 1
Serve Alaska is taking AmeriCorps planning grant applications through 5 pm Dec. 1. Grants of $50,000 to $60,000 fund a 12 month design period for groups seeking 2027-28 AmeriCorps program money.

AIDEA board weighs Wrangell shipyard loans and a stake in Augustine geothermal
AIDEA's board weighs lending Wrangell up to $22.8M for a shipyard and buying up to $10M of a company chasing geothermal power on Augustine volcano.

Cook Inlet Tribal Council seeks a bigger K'teya center for the same $36.5 million
Cook Inlet Tribal Council restarted its builder search for the K'teya center with a bigger building, the same $36.5 million and more for that money to cover.

October 2026
Kodiak wins $26 million for St. Herman Harbor but is still $45 million short
Kodiak won about $26 million to rebuild part of St. Herman Harbor, where 1982 floats are failing. It's still about $45 million short of a new harbor.

More from Economic Development
State proposes a 25-year tidelands lease for Goldbelt's Douglas Island cruise port
The state wants to lease Goldbelt 152 acres of tidelands for its west Douglas cruise port, for 25 years, not the 55 it asked for. Crabbers may feel it.

Proposal deadlines have passed on two Air Force plans to lease Eielson land
Bids were due this summer on Air Force plans to lease Eielson land for AI data centers and for housing. Fairbanks' mayor flagged it in July. No winner yet.

Chugach, the Alaska Chamber's business of the year, has bought five Alaska firms since 2024
Chugach, which bought Cordova's Copper River Fleece this summer, won the Alaska Chamber's big-business award. It has bought five Alaska firms since 2024.

Valdez budget would add $205,000 for events, a hatchery group and workforce contracts
Valdez wants 29% more for economic development, still less than it spent in each of the past three years. Gold Rush Days and the hatchery group get a bump.

Fairbanks job fair Oct. 29 brings 27 employers, from Doyon and the FAA to Panda Express
Fairbanks job seekers can meet 27 employers in one room Oct. 29, from Doyon and the FAA to Panda Express and Jiffy Lube. Bring a résumé, and a firm handshake.

Alaska small businesses can apply for up to $10,000 to break into foreign markets
Alaska small businesses trying to sell overseas can get up to $10,000 back for trade shows, sales trips abroad and translated websites. Washington's paying.

Ketchikan lost jobs in 2025 as Southeast Alaska set employment and wage records, report says
Southeast Alaska hit record jobs and wages in 2025. Ketchikan went the other way, losing 23 jobs even as its wages rose 5%, a new regional report says.

State proposes giving 5,805 acres to energy authority for Bradley Lake hydro expansion
DNR's 5,805 acres for the Alaska Energy Authority near Homer are for Bradley Lake hydro, where AEA says a glacier diversion could boost power 40%.

Coming up
Energy in the North: Robert Venables on Southeast Conference Economic Development
KUAC FM 89.9 and KUAC online
Class
Fairbanks North Star Borough — Economic Development Commission
Meeting
AIDEA Investment Manager Proposals Due
Public notice
Applications re-submitted to Serve Alaska: FY2027 Competitive AmeriCorps State and National Grants: RFP 27AC-C
Public notice
Applications Submitted to Serve Alaska: AmeriCorps Planning Grants RFP Public Notice 2026
Public notice
About Economic Development
Economic development in Alaska takes in the efforts to grow jobs, investment and industry across the state. It includes workforce training, business attraction, export help for small businesses, land deals and financing through agencies such as the Alaska Industrial Development and Export Authority (AIDEA).
AIDEA finances projects, pays dividends to the state general fund and receives state land for industrial development, and the Alaska Housing Finance Corporation sets the rules for affordable housing awards. Recurring questions concern state land transfers for development, critical minerals research led by the University of Alaska Fairbanks, cruise port and waterfront projects in Juneau, and training programs that let rural workers stay in their home communities.
Alaska Native corporations such as Goldbelt, Huna Totem and Chugach, and tribal organizations such as Cook Inlet Tribal Council, build and run many of these projects. Federal grants fund much of the training and research, and diversification away from oil and gas runs through these efforts.
More from Economic Development
State offers trainings as Alaska towns apply for the first block grants that can build housing
Alaska is holding two virtual trainings this month for municipalities applying for Community Development Block Grants, with about $2.5 million available statewide and applications due December 4.

Final federal rule requires most Alaska DBE firms to prove disadvantage individually
Most Alaska contractors certified as disadvantaged businesses must now prove it one by one under a final federal rule ending race and sex presumptions.

Calista Education and Culture gets $900,000 to pay 16 young adults for village-based internships
Calista Education and Culture will pay 16 young adults from the Middle Kuskokwim and Lower Yukon for village-based internships with a $900,000 federal grant.

September 2026
Kuskokwim Corporation hosts first Evening with an Elder on Zoom Oct. 1
The Kuskokwim Corporation hosts its first Evening with an Elder on Zoom Oct. 1, with Jennie Zaukar and Ann Fienup-Riordan, as it marks 50 years.

Ketchikan Indian Community gets $900,000 to revive its fleet for subsistence trips, training and charters
Ketchikan Indian Community is putting 23 boats back to work with a $900,000 federal grant: elder-led subsistence trips, youth training and halibut charters.

A year after Typhoon Halong, western Alaskans can still get job, training and winterization help
People still recovering from Typhoon Halong can get job training, winterization help and FEMA-paid flights. Disaster unemployment benefits have closed.

Global refinery disruptions widened fuel margins in 2026, and rural Alaska's barge fuel cost more
Galena's utility paid 29% more per gallon for this year's barge fuel, and St. Paul paid about $7.55. Summer's dip in oil prices came after the fuel was bought.

Hemp plant proposal asks Houston council for land and permitting help
A foundation wants a hemp processing plant near Houston to serve Alaska fiber growers. The state's hemp registry currently lists only retailers.

Mat-Su asks AIDEA to build at Point MacKenzie, not on 20,000 acres near Houston
The state proposed giving AIDEA 885 acres at Port MacKenzie for free, one day after the borough voted to send AIDEA there instead of Houston.

Alaska is taking bids to make its own Made in Alaska merchandise
Alaska is taking bids to make its own Made in Alaska merchandise. The cap is $15,000, and the permit is only required by the time bids close.

A Wasilla workshop will walk job seekers through federal applications
State staff will help job seekers with federal applications Thursday in Wasilla — as Alaska's federal job market shrinks and resumes get capped at two pages.

Comment closes Monday on giving 20,000 Houston-area acres to AIDEA
Alaskans have until 5 p.m. Monday to comment on giving 20,000 acres north of Houston to a state agency for free — and only those who comment can appeal.

State proposes 55-year Adak Airport lease, competing bids due Oct. 8
Alaska wants to lease airport land at Adak, a remote island now drawing military and space interest, for 55 years — one of the longest terms it allows.

Alaska would give 20,000 acres near Houston to a state authority for free
Alaska proposes giving nearly 20,000 acres near Houston to a state development authority at no cost, and waiving its right to reclaim the land.

August 2026
Anchorage officials pitch Assembly on Block 102-Tozier land swap for housing
Anchorage officials pitched a land swap to the Assembly Friday that could enable housing on two sites, but the vote covers only the exchange itself, not zoning or development deals.

Alaska trains construction workers, then struggles to keep them
Just 19% of Alaska's ironworkers and 44% of electricians are still in the trade five years on, a study found — a retention gap atop a worker shortage.

UAA trains rural school workers to become teachers without leaving home
A UAA apprenticeship lets rural school workers become licensed teachers without leaving home, one answer to out-migration, though results aren't yet shown.

Kodiak fish waste hauler is only applicant for former cannery site
A fish waste hauler is the only applicant for Kodiak's deteriorating former cannery site, and the city council must decide whether to sell.

Sitka's old pulp mill site keeps filling up — another lot goes out for development
Sitka is seeking a developer for another lot at its former pulp mill site — long mostly empty after the mill's 1993 closure, and now steadily filling up.

AEDC report: Anchorage strained, the military its bright spot
A new AEDC report says Anchorage is getting squeezed: shrinking job share, high costs, low confidence. The military's the bright spot, but housing's the catch.

Federal money, not oil, drove half of Alaska's growth — and now it's shrinking
Turns out the oil state runs on Washington's checkbook: federal money, not crude, drove half of Alaska's growth — and it's now shrinking.

July 2026
Eight welders certify in Nome as a $400 million port job looms
Eight Bering Strait adults certified in welding in Nome just as a $399 million port expansion gears up to need exactly that skill. And nobody had to leave the region to train.

NSF backs UAF-led critical minerals coalition with $15 million
Alaska holds 56 of the 60 minerals Washington calls essential. NSF is putting $15 million behind a UAF-led coalition to figure out how to get them.

Mike Rowe helps mark a $250,000 gift to Seward's trade school
Mike Rowe showed up in Homer to help hand Seward's trade school a $250,000 Wells Fargo gift for scholarships and instructors.
