Juneau Economic Development Council NEWS | April 2021
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Local Frequency
Good For You & Good for Business
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Local Frequency 101
What is a Local Dollar?
When you load money into your Local Frequency App from your credit or debit card you are using Local Dollars.
Local Dollars are the same as USD but are only used at participating local businesses within the app. You can earn cash back on your purchases by paying with Local Dollars, all it takes is a quick scan at check out. Spending Local Dollars ensures that your money stays local and circulates between Local Frequency Businesses. The Local Frequency makes it easy and rewarding to shop local.
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Check out the growing list of Participating Businesses |
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Local Frequency & Wearable Art Extravaganza Partnership |
Local Frequency is partnering with the JAHC this month!
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Avista community initiatives include programs to assist those struggling with their bills, in addition to groups focused on education and charitable support. |
Learn more about becoming a JEDC investor.
The Investor Program offers comprehensive and consistent marketing. By joining the JEDC Investor Program, your organization will be recognized as a JEDC sponsor in presentations, JEDC collateral materials, JEDC website, and monthly newsletters. Investment levels range from $650 - $7,500+ with increasing benefits.
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Investor of the Month
Avista Corporation
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Learn more about Avista's Diverse Energy Mix |
Avista Corporation is involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division. Providing electricity to nearly 340,000 customers and natural gas to about 300,000 customers across 30,000 square miles and four northwestern states. Alaska Energy and Resources Company, an Avista subsidiary, provides retail electric service in the city and borough of Juneau through its subsidiary Alaska Electric Light and Power Company. |
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June 19, 2021
See you on the Docks!
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INNOVATION SUMMIT RECAP & SURVEY |
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We would like to send a special Thank You to our subscribers who attended 2021 Innovation Summit! This event consistently brings together a diverse group of individuals to share, engage and make connection
Attendees shared ideas, read poetry, sponsored, shared ideas, networked and hosted tours to make sure the virtual event was fully engaging.
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Our team has been inspired by the innovators we heard from. Join us in finding ways that we as individuals and organizations can invest in our community, support local organizations, and support the makers and doers.
Continue to connect by using #jedcinnovates to share how you are making the shift!
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JEDC talked about the 10th annual Innovation Summit.
Reminded the community about the positive impacts of the event.
Gave our thoughts on how the CDC changes are affecting the Juneau business community.
Provided details on the .2 MIL rate hike for childcare.
We laid out our expectations for direct aid for citizens of Juneau and the business community with funds from the American Rescue Package.
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Brian Holst, Executive Director, talked about the Innovation Summit and the effects of Globalization on a Local Economy.
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The 2020 Economic Indicator is available for download. Take a look and share with your community.
Interested in a presentation for your organization? We are available to present.
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CAPITAL CITY BEHIND THE BUSINESS: Coppa
A video series that takes a peek behind the register of Juneau's local entrepreneurs.
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Capital City Behind the Business: Coppa
The Juneau Economic Development Council is excited to present the next Capital City Behind the Business!
In this episode, we interview the owner of Coppa, Marc Wheeler. He shares the startup story of the business and how it has developed and grown from his original idea – especially with the pandemic. Coppa is a café that offers coffee and baked goods, soup and sandwiches, and house made ice cream. They focus on local, sustainable, and quality ingredients and products.
When visiting Coppa make sure to use the Local Frequency App to receive rewards on your purchase!
Location
917 Glacier Avenue, Suite 102
Hours
7:30 AM to 5:00 PM weekdays
Available for takeout. Call ahead to order at 907-586-3500 or order online.
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PROMOTING WINTER TOURISM WITH EAGLECREST SKI AREA |
Eaglecrest and JEDC have partnered to produce a film highlighting the adventure seeking experience of visiting Juneau in the winter. The film follows exerts around Juneau finding terrain like no other in the world.
Alongside Eaglecrest we arranged for two organizations to create and direct the film. Steep Motion, videographer and Alaska Powder Descents, excursion outfitters, visited Eaglecrest in the month of March to capture Juneau from multiple mountain peaks. |
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RESEARCH NOTE: AMERICAN RESCUE PLAN
JUNEAU AID ESTIMATE
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Restaurant Revitalization Program |
The U.S. Small Business Administration (SBA) is awarding funding through the Restaurant Revitalization Program to restaurants, bars, and other similar places of business that serve food or drink. The purpose of this funding is to provide support to eligible entities that suffered revenue losses related to the COVID-19 pandemic |
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Pre-Registration April 30
Registration Opens May 3
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Days 1-21
All applications accepted Priority Groups will be given priority for processing and funding
Woman, Veterans or Socially & Economically Disadvantaged groups.
Day 22-Funds Exhaustion
SBA will accept applications from all eligible applicants and process applications in the order in which they are approved by SBA.
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The CBJ Commission on Aging conducted the 4th decennial senior survey for the Juneau area. The report was slightly delayed due to COVID but the results are now available for viewing. With these results, Juneau can move forward to help seniors
remain safe, fulfilled and productive in our community.
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FIRST in Alaska Tournament Wrap-Up |
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Catch a glimpse of what the FIRST Tech Challenge teams were doing this year by watching this fun compilation video created for us by Vicki Nechodomu of the UAA College of Engineering.
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FIRST in Alaska completed its tournament season this weekend with the Alaska FIRST LEGO League Challenge Remote State Championship Tournament.
Alaska FIRST LEGO League Challenge State Tournament
Champion’s Award Winners
First Place
Aurora Polar Bears from Kenai Second Place
Cre8-A-Bots from Delta Junction
Third Place
Storm Tech from Fairbanks
All award winners received an invitation to advance to remote tournaments taking place in June.
Tournament Results
Results can be found at www.jedc.org/firstinalaska/events. In addition to the tournaments, the Shakers from Wasilla were selected as Alaska’s Global Innovation Award nominee and are competing in the next phase of that competition.
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FIRST Tech Challenge Program
After three qualifying tournaments, our FIRST Tech Challenge program wrapped up its Championship on April 17 with 27 teams battling it out for top honors.
Inspire Award Recipient
Chain Reaction from Thunder Mountain High School in Juneau walked away with the highly coveted Inspire Award, while the Cyberian Tigers of Mat-Su Career and Tech Center in Wasilla had the top scoring robot.
Complete Season FTC Results
Dean's List Award Finalist
Alaska- Toya Takahashi from West High School, Alec Norton from Dimond High School, and Hailee Cunningham from Thunder Mountain High School.
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SEABIA Builder's Choice Award Recipients |
The Southeast Alaska Homebuilder's Association is delighted to announce the first year of the Builder's Choice Awards. This award goes to local home builders and contractors in Juneau showcasing the beautiful home restoration and remodeling work of Juneau Contractors.
Congratulations to the following winners.
Joshua Campbell, [title and business name] 2020 Builder's Choice Award for Best Bathroom
Allen Wilson, [title and business name], 2020 Builder's Choice Award for Best Energy Efficient Retrofit Remodel
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The Visitor Products Cluster Working Group has drafted an open letter to Alaska's congressional delegation and Forest Service leadership requesting changes to recreation management in the Tongass National Forest.
The letter is asking for improvement of recreation infrastructure, more timely and flexible permitting, and collaborative planning in the Tongass National Forest. This is an update to the 2018 Open Letter that resulted in the initiative champion Dan Kirkwood being invited to testify before the Senate Energy and Natural Resources Committee in March of 2019.
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The working group is also assisting with the signature collection for a letter to the State House and Senate Finance Committees requesting funds for recreation infrastructure to accommodate independent travelers for both this season and future seasons.
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Southeast Conference Survey |
Southeast Conference is partnering with organizations across the region, including the Sitka Economic Development Association, City and Borough of Wrangell, City of Ketchikan, Petersburg Economic Development Council, Haines Chamber of Commerce, and Skagway Development Corporation to bring you this survey for business owners and top managers in Southeast Alaska. |
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Innovators Hall of Fame Inductees
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The Juneau Economic Development Council joins the Alaska State Committee for Research (SCoR) in celebrating the 2021 inductees for the Innovators Hall of Fame.
This year ten nominees were inducted at JEDC’s Innovation Summit.
Contratulations to the inductees.
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1. F. Stuart (Terry) Chapin
2. Syun-Ichi Akasofu
3. John E. Walsh
4. Greg Shipman
5. Jack Dangermond
6. Keith Cox
7. Alan Erickson
8. Mike Edgington
9. Don Hampton
10. Orion Lawlor
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ECONOMIC INDICATOR
Southeast Alaska Commercial Salmon Ex-Vessel Value
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Source: Alaska Department of Fish & Game
2020 Southeast Alaska Commercial Salmon Fishery
Southeast Alaska’s Commercial Salmon Fishery had a very tough 2020 season. Total ex-vessel value of the fishery was $53 million which is $100 million short of the 10-year average. Ex-vessel value from Chum, Pink, and Sockeye runs were all less than one third of their respective 10-year averages. Total fish landed for all species, with the exception of Chinook, was less than half of their respective 10-year averages. Chinook numbers were the closest to the 10-year averages, down only about 23%, while prices were 4% higher than the 10-year average. Chinook ex-vessel value was down 17% compared to the 10-year average but still higher than last year by about 8%. Coho prices were nearly 20% higher than their 10-year average while the number of fish landed in 2020 was less than half the 10-year average and 30% lower than 2019.
2021 Outlook
The Alaska Department of Fish and Game released their 2021 outlook for the Alaska’s salmon fishery in early March. Southeast Alaska’s Pink salmon run is expected to be closer to the 10-year average and is currently projected to be around 28 million fish compared 8 million in 2020. Sockeye and Chum counts are expected to be better than 2020 but are still projected to be around 10% lower than the 10-year average. The 2021 forecast for Chinook and Coho is better than 2020 but is still about 25% lower than the 10-year average.
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STATUS UPDATE
JEDC BOARD RESOLUTIONS SUPPORT
MARICULTURE INDUSTRY
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The Juneau Economic Development Council fosters a healthy and sustainable economic climate in Juneau and throughout Southeast Alaska. As an advocate for long-term, sustainable, economic growth and prosperity for Alaskans, we see the potential in the mariculture industry in Alaska. While this nascent industry currently adds a few million to our economy, we concur with the vision of the State Mariculture Task Force that mariculture could be a $100 million industry in the next twenty years if we collectively work towards that goal. |
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Status: Hearing held on April 21, 2021. |
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Status: Hearing held on April 23, 2021 |
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Status: Bill referred to the Finance Committee March 17, 2021 |
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Become a 2021 JEDC Investor |
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JEDC
BOARD OF DIRECTORS
Garrett Schoenberger, Chair
Dr. Karen Carey, Vice Chair
Jake Carpenter, Treasurer
Melissa Kookesh, Secretary
Mayor Beth Weldon
Alec Mesdag
Marc Guevarra
Alexander Kotlarov
Chris Dimond
Jill Weitz
Raymond Paddock III
Maria Gladziszewski, CBJ Assembly Liaison
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JEDC Five Area's of Focus
- Help make Juneau a Great (capital) City
- Strengthen Key Regional Industries
- Develop Talent
- Promote Entrepreneurship & Small Business Development
- Deliver Economic Services
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We invite you to invest in Juneau by becoming
a JEDC Investor. Show your support of the
work done to advance Juneau and Southeast Alaska's economy.
Supporting JEDC impacts the long-term economic success of Alaska's Capital City while creating a business climate that bolsters your business or organization.
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If you find JEDC News to be of interest and value, please forward the newsletter to your friends and colleagues.
Executive Director
Juneau Economic Development Council
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