The Economic Development Program, staffed with one full time employee, supports economic development through the Bristol Bay Comprehensive Economic Development Strategy (CEDS) planning and implementation activities with the U.S. Economic Development Administration (EDA) planning grant. The program also plays an important networking and information-disseminating role among the Tribes, Bristol Bay entities, and government agencies. The Economic Development Program implements the Bristol Bay Regional Vision in regards to culturally appropriate and resilient economic development, capacity building, and promoting resilient communities in partnership with programs in the BBNA Program Development Department to implement the Bristol Bay Comprehensive Economic Development Strategy.
A Comprehensive Economic Development Strategy (CEDS) is the result of an ongoing planning process that studies local economic conditions, identifies problems and opportunities, sets goals and objectives, coordinates implementation activities, and evaluates accomplishments. A CEDS identifies community needs and provides development strategies that coordinate the different efforts to yield efficiencies. A CEDS facilitates a unified effort to create jobs, raise income levels, diversify the economy, and improve the quality of life while protecting the environment. It adopts a logical process for long-range development while actively working on short-range problem solutions.
BBNA / Economic Development Administration Partnership Planning Grant
Bristol Bay Tourism
BBNA Economic Development Program has completed a Bristol Bay region-wide visitor’s guide. The goal of the project was to promote tourism opportunities and to advertise and support Bristol Bay regional businesses. If you would like a printed copy of this guide, please contact the Economic Development program at: (907) 842-5257 ext 323.
Click to download a copy of the Bristol Bay Visitor Guide.
Alaska has been facing uncertain times with the decline of oil prices. If you are wondering how this will influence local economy, please click the link below for a breakdown of how low oil prices can affect jobs in your communities.
Research Matters No. 111: What Do We Know to Date about the Alaska Recession and the Fiscal Crunch? Click here to download the report.
How Does Alaska’s Spending Compare? Click the link to find out: http://www.iser.uaa.alaska.edu/Publications/2018_02-ResearchSummary85_CompareAKSpending.pdf
Small Business Assistance
Thinking about starting a small business? Need information on start-up requirements, business or marketing plan development? While BBNA does not provide direct grant funds or loans, the economic development program maintains a library of information that can help with business planning and start-ups. Stop by the office or call for assistance.
New Website on selling your own fish – visit www.sellyourownfish.com
For more information, please contact the Economic Development Program:
Toll Free: 1-800-478-5257 ext. 323