Since its inception in 2006, UAA’s ACDC has promoted the development of new co-ops in underserved sectors and introduced innovative cooperative models. Thanks to the USDA RCDG grant, ACDC provides free technical assistance and board training. This year, the center launched a statewide monthly co-op call, offering a platform for co-ops to share best practices. In collaboration with the Alaska Small Business Development Center, ACDC also developed a series of on-demand webinars, expanding access to co-op education and resources across the state.
In Fairbanks, the impact of these programs is evident. Over a decade ago, the Fairbanks Food Co-op partnered with Golden Valley Electric Association to bring the REDLG program to Alaska. This program provides financing to eligible borrowers to promote rural economic development and job creation. This year, GVEA repurposed the grant, reinvesting it in Fairbanks in partnership with the Fairbanks Economic Development Corp. to benefit local businesses without affecting member rates.
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