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May 21, 2020
Posted Under: COVID

The State of Alaska is opening up applications for a $290 million small-business and nonprofit grant program.

The Alaska Department of Commerce, Community, and Economic Development (DCCED) and the Alaska Industrial Development and Export Authority (AIDEA) are partnering with the lender Credit Union 1 (CU1) to support small business and nonprofits impacted by the COVID-19 pandemic, through the AK CARES Funding Program.

The application to apply for AK CARES will be provided on theĀ  CU1 website. The application period is currently scheduled to begin on June 1, 2020, and funds will be awarded first-come, first-serve. We encourage you to prepare your documentation now (a list of items is provided in the FAQs here).

More information can be found here and here.