Building A Resilient & Thriving Economy for KODIAK
Kodiak Economic Development Corporation (KEDC) is leading efforts to strengthen and diversify Kodiak’s economy through strategic initiatives in housing, mariculture, business development, and workforce training. Join us in shaping a sustainable future for our island community.
WHO WE ARE
KEDC is a nonprofit 501(c)(3) organization dedicated to improving economic opportunities for Kodiak businesses, industries, and residents. Since our founding in 2021, we have worked to:
Develop long-term economic strategies
Provide support for local businesses
Promote workforce training and job creation
Invest in innovative industries like mariculture
Leadership Committed to Kodiak’s Growth
GET INVOLVED TODAY:
What Could Kodiak Look Like in 10–15 Years?
Imagine a Kodiak where entrepreneurs have access to a thriving business incubator, where small businesses collaborate in shared workspaces, and where eco-tourism flourishes, drawing visitors to explore our natural beauty and local culture.
Picture a community where housing shortages are addressed through innovative projects, and new industries are built on sustainable practices.
The ROCE workshops are the starting point for this vision, giving community members the tools to create a brighter, more resilient future for Kodiak.
RECHARGE OUR COMMUNITY'S ECONOMY •
RECHARGE OUR COMMUNITY'S ECONOMY •
Shape Kodiak’s future through the ROCE Workshop Series
The Recharge Our Community’s Economy (ROCE) Workshop Series is more than just a free event.
As Kodiak prepares to tackle challenges like housing shortages and workforce development, ROCE offers an opportunity to imagine what’s possible when a community works together.
ROCE is about harnessing Kodiak’s unique strengths and untapped potential.
The program follows a proven model that has transformed rural communities across the country by focusing on retaining wealth locally, fostering entrepreneurship, and creating sustainable solutions tailored to the community’s unique needs.
The first workshop will be held at the KANA Marketplace, March 13, 10am to 4pm.
OUR KEY INITIATIVES
KEDC is leading impactful projects that strengthen our local economy.
Explore our work below and find out how you can contribute to Kodiak’s growth.
HOUSING ACTION PLAN
KEDC taking bold steps to tackle Kodiak’s housing crisis with the development of a Housing Action Plan (HAP). With funding secured, we are working alongside the University of Alaska Anchorage’s Center for Economic Development (UAA CED) and community partners to create real solutions that will make housing more affordable, accessible, and sustainable for residents across the island.
This project brings together local voices, businesses, and experts to identify barriers, propose solutions, and map out a clear path forward for housing development.
MARICULTURE & BLUE ECONOMY GROWTH
A grant from the Alaska Mariculture Cluster will fund a feasibility study for a regional mariculture processing hub, potentially at Gibson Cove, addressing the processing bottleneck that limits Kodiak’s kelp farmers. This study will guide the design of a facility that expands market opportunities, creates jobs, and strengthens local businesses.
Additionally, a USDA Rural Business Development Grant (RBDG) will support business planning and market research. In partnership with the Center for Economic Development, this project will analyze industry trends, conduct stakeholder engagement, and develop a strategic business plan to ensure the facility’s long-term success.
These grants position Kodiak as a leader in Alaska’s mariculture industry, creating new economic opportunities while promoting sustainability and innovation. KEDC is committed to building a resilient, diverse economy for our island—stay tuned for updates as this work progresses!
The Storefront Improvement Program (SIP), a pilot initiative established with support from the City of Kodiak and the Kodiak Area Native Association (KANA) to breathe new life into Downtown Kodiak. Over the past year, SIP has offered local businesses reimbursement grants of up to $7,500 for exterior upgrades
STOREFRONT IMPROVEMENT PROGRAM
CUSTOMER ACQUISITION & RETENTION SUPPORT FOR BUSINESSES
At Kodiak Economic Development Corporation (KEDC), we’re committed to supporting the growth and success of our island community through proven strategies that strengthen our local businesses. From individual website audits and updates to revenue-generating and community-building customer engagement plans, our services help your business identify and capitalize on opportunities that ensure long-term success and customer loyalty.
WORKFORCE DEVELOPMENT & CAREER EXPO
At Kodiak Economic Development Corporation (KEDC), we’re committed to cultivating a strong and resilient workforce that meets the evolving needs of our local businesses. Through hands-on career exploration, employer partnerships, and workforce readiness initiatives, we help bridge the gap between education and employment. Whether it’s connecting students with in-demand job opportunities, supporting skill development, or fostering industry collaboration, our efforts ensure that Kodiak’s workforce is prepared, engaged, and ready to grow with our community.
RECHARGE OUR COMMUNITY’S ECONOMY WORKSHOP SERIES
Kodiak faces unique challenges, from housing shortages to workforce development, but it also holds tremendous potential. This workshop series is a chance to come together, explore innovative solutions, and ensure that the ideas shaping our future come from the people who know Kodiak best—YOU!
The ROCE Workshop Series starts in March and welcomes all participants—no prior experience in leadership or economic development is required. Whether you’re a business owner, a professional, a service member, or simply someone with a vision for Kodiak’s future, your voice matters. CLICK HERE to learn more.
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WORKFORCE DEVELOPMENT
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STOREFRONT IMPROVEMENT PROGRAM
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HOUSING SOLUTION INITIATIVES
KEDC Events
Get in touch.
Have comments or questions? KEDC would like to engage further with you. To connect with KEDC, fill out the form below and click submit. A representative from KEDC will contact you.
KEDC is dedicated to understanding the needs of our partners, those they serve, as well as the community of Kodiak.
Reach out to use to learn how we can put our expertise to work for strengthening your organization!
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