To promote growth of existing Alaskan businesses, encourage new businesses to invest in Alaska, and help create an economic environment that is favorable for business development.

To enable a flourishing private sector economy that brings job opportunities to the state and increases prosperity and self-sufficiency for Alaskan families.

The Alaska Development Team, in alignment with the Alaska Department of Commerce, Community, and Economic Development, have begun developing the Comprehensive Economic Development Strategy for 2022-2027 in response to the significant challenges to our economy brought on by the COVID-19 pandemic.