Alaska Federation of Natives
© Andoni Canela/IPNSTOCK
Alaska Marketplace
Tapping Cultural Knowledge
Patterned after the highly successful Development Marketplace started by the World Bank and implemented in over 20 countries, Alaska Marketplace is an exciting new initiative aimed at harnessing brilliant, innovative ideas for stimulating economic development in the bush by tapping into the deep cultural knowledge and skills of rural Alaska’s residents. Like the Development Marketplace, Alaska Marketplace will be a magnet for cutting-edge solutions to some of the most pressing social and economic concerns facing rural Alaska.

Practically speaking, Alaska Marketplace brings visionaries, financiers, technical experts and entrepreneurs together in an innovation competition where innovators “sell” their ideas to a jury comprised of representatives from the public and private sectors. The innovators pitch their ideas to a Grand Jury for a chance to be awarded thousands of dolars in seed money. Awards are intended to foster innovation and are made to the competition’s top proposals on the basis of viability, sustainability, replicability and cost-effectiveness. While we are adopting a World Bank model, this program is uniquely Alaskan and thus completely independent of The World Bank Group.

Find out more about the competition by visiting the Alaska Marketplace website at www.alaskamarketplace.org, emailing or by calling 907-274-3611.