Programs

  • Program 1 [2020]

    2020 EFFORTS WERE FOCUSED SOLELY ON COVID-19 RESPONSE AND MITIGATION. AEDC FORMED THE ECONOMIC RESILIENCY TASK FORCE CONSISTING OF LEADERSHIP FROM FELLOW BUSINESS ORGANIZATIONS, BUSINESSES, NON-PROFITS, AND MEMBERS OF THE COMMUNITY THAT REVIEWED AND ANALYZED ISSUES, IMPACTS, AND CONSEQUENCES OF THE COVID-19 PANDEMIC IMPACTING THE ECONOMY, BUSINESS COMMUNITY, AND WORKFORCE AND PROVIDED RESPONSE STRATEGY AND PROGRAM GUIDANCE TO LOCAL, STATE AND FEDERAL POLICY MAKERS AND AGENCIES. AEDC ALSO ASSISTED BUSINESSES WITH THEIR APPLICATIONS TO THE FEDERAL PPP PROGRAM AND THE ALASKA CARES BUSINESS GRANT PROGRAM. COVID-19 DOMINATED AEDC'S AGENDA IN 2020 AND DELAYED OR POSTPONED MOST OTHER EFFORTS.
    Geographies
    Not indicated
    Dates
    Jan 1, 2020 – Dec 31, 2020
    Source
    990
    No causes provided
    No populations provided
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  • Program 2 [2020]

    EVERY YEAR, ANCHORAGE DOWNTOWN PARTNERSHIP (ADP) TEAMS UP WITH AMERICAN EXPRESS AND THE DOWNTOWN BUSINESS COMMUNITY TO CREATE AN IMPACTFUL DAY FOR SMALL BUSINESS SATURDAY. IN 2020, AEDC PARTNERED WITH ADP AND AMPLIFIED THE BUY LOCAL AND SHOP SMALL CAMPAIGN, EXPANDING ITS REACH TO COVER LOCAL BUSINESSES ACROSS ANCHORAGE AND INCREASING ITS LENGTH THROUGH THE HOLIDAY SHOPPING SEASON. PARTICIPATING BUSINESSES OFFERED DEALS OR SPECIALS FOR SMALL BUSINESS SATURDAY, RECEIVING PLACEMENT ON THE BUY LOCAL/SHOP SMALL MAP.ACCORDING TO NATIONAL DATA, BETWEEN 40 AND 68 CENTS PER DOLLAR CIRCULATE IN THE LOCAL ECONOMY IF SPENT LOCALLY. BY EXTENDING THE INVITATION TO PARTICIPATION IN BUY LOCAL/SHOP SMALL TO AEDC INVESTORS AND ANCHORAGE-BASED COMPANIES IN MIDTOWN, SOUTH ANCHORAGE AND OTHER PARTS OF THE CITY, WE INCREASED BUSINESS PARTICIPATION BY NEARLY 40%. BUSINESS SURVEY RESPONSES FOLLOWING THE CAMPAIGN'S END SHOWED THAT 91 PERCENT OF RESPONDENTS SAW AN INCREASE IN SALES ON SMALL BUSINESS SATURDAY, 90 PERCENT SAID THEY WOULD PARTICIPATE AGAIN, AND 80% SAID THEY WOULD BE INTERESTED IN PARTICIPATING IN A FUTURE EVENT.
    Geographies
    Not indicated
    Dates
    Jan 1, 2020 – Dec 31, 2020
    Source
    990
    No causes provided
    No populations provided
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  • Program 3 [2020]

    STRATEGIC INITIATIVES STRATEGIC EFFORTS BECAME SECONDARY AS AEDC SOUGHT TO SUPPORT THE ECONOMY, BUSINESSES, AND WORKERS THROUGHOUT 2020 IN RESPONSE TO THE COVID-19 PANDEMIC AND RELATED SHUTDOWNS, LAYOFFS RESULTING IN AS MANY AS 21,000 WORKERS OUT OF WORK IN MAY, LOST TOURISM SEASON, SUSPENSION OF OIL AND GAS EXPLORATION AND DEVELOPMENT ACTIVITIES, AND THE LOSS OF 12,300 JOBS IN THE ANCHORAGE ECONOMY FOR THE YEAR. AEDC'S STRATEGIC EFFORTS WILL RESUME IN 2021 WITH A RETURN OF FOCUS ON THE 3-PRONG STRATEGY OF REVITALIZING ANCHORAGE'S DOWNTOWN, REINVENTION OF THE UMED DISTRICT, AND A COMPREHENSIVE STRATEGY FOR INVESTMENT IN THE CHESTER CREEK GREENBELT AS PART OF THE LIVE, WORK, PLAY INITIATIVE. ADDITIONAL EFFORTS WILL FOCUS ON WORKFORCE AND INVESTMENT ATTRACTION AND SUPPORT AS PART OF A DEVELOPING RECOVERY STRATEGY TO REGAIN THE 6,000 JOBS LOST IN THE 2016-2019 RECESSION THAT PRECEDED THE 12,300 JOBS LOST IN 2020 DUE TO THE COVID-19 PANDEMIC.BUSINESS ATTRACTION E-NEWSIN 2020, AEDC CONTINUED TO SEND A SERIES OF ELECTRONIC NEWSLETTERS TARGETED TO SITE SELECTORS AND DEVELOPERS ACROSS THE UNITED STATES. EACH NEWSLETTER IS PACKED WITH REAL ESTATE OPPORTUNITIES, DEMOGRAPHIC INFORMATION, AND EMERGING WINDOWS OF OPPORTUNITY WITHIN THE ANCHORAGE ECONOMY. THE NEWSLETTERS COVERED A RANGE OF TOPICS, FROM HOUSING DEVELOPMENT OPPORTUNITIES, OIL AND GAS DATA, OPPORTUNITY ZONES AND LOCAL TAX INCENTIVES, OPPORTUNITIES AT THE TED STEVENS INTERNATIONAL AIRPORT, AND MORE. THE BUSINESS ATTRACTION NEWSLETTER HAS A 15% OPEN RATE, WITH A 1% CLICK RATE.
    Geographies
    Not indicated
    Dates
    Jan 1, 2020 – Dec 31, 2020
    Source
    990
    No causes provided
    No populations provided
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