What does AIDEA mean in DEVELOPMENT
AIDEA stands for Alaska Industrial Development & Export Authority. It is a government-owned corporation that was organized in 1967 to promote economic development and business opportunities throughout the state of Alaska. AIDEA provides financial assistance to businesses, local governments, and nonprofit organizations in the form of loans, grants, tax incentives, and other economic development tools. The organization works closely with numerous partners to ensure that its programs are tailored to the specific needs of businesses within each region or community. AIDEA also coordinates with local, regional and federal agencies on areas including infrastructure development, workforce training programs, technical assistance services, and more.
AIDEA meaning in Development in Community
AIDEA mostly used in an acronym Development in Category Community that means Alaska Industrial Development Export Authority
Shorthand: AIDEA,
Full Form: Alaska Industrial Development Export Authority
For more information of "Alaska Industrial Development Export Authority", see the section below.
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Definition
AIDEA is a government-owned corporation established in 1967 to help promote economic development in Alaska by providing financial assistance to businesses, local governments and organizations through grants, loans and other forms of support. The organization supports projects such as industrial infrastructure development, workforce training programs and assists in the establishment of new ventures within communities across the state. As a public enterprise entity it works with various stakeholders including private sector companies, government entities such as local municipalities and other regulatory bodies at both a local and federal level to help identify needs within Alaska’s economy.
Essential Questions and Answers on Alaska Industrial Development Export Authority in "COMMUNITY»DEVELOPMENT"
What is AIDEA?
AIDEA stands for Alaska Industrial Development Export Authority. It is a public entity in the state of Alaska that serves as a finance and development partner for both private and public projects. AIDEA’s mission is to create economic opportunities, promote business growth and foster job creation in Alaska through financing, partnerships and expertise.
What services does AIDEA offer?
AIDEA offers numerous financial assistance programs including bond financing, direct and guaranteed loans, tax credits, grant investments and loan guarantees. In addition, AIDEA assists clients with other services such as project planning, budgeting, legal counsel, engineering and construction management.
How can I get started working with AIDEA?
To get started working with AIDEA you will need to submit an application which will include basic information about your proposed project or business venture. From there our staff will evaluate the proposal according to our eligibility criteria and develop any additional information necessary before making a decision on your application.
Is funding available for start-up businesses or projects?
Yes, funding may be available for new businesses or projects depending on their qualifications under AIDEA's program guidelines. We offer several financing options tailored to fit varying needs of different types of businesses or projects. Please contact us directly to discuss your project details and determine what type of funding may be available.
What are the qualifications my business must meet to receive financial assistance from AIDEA?
Each applicant's qualifications depend on the specific program they are applying for and the terms outlined in that program's guidelines. Generally speaking you need to demonstrate adequate creditworthiness along with management experience relevant to the industry sector you are seeking assistance in developing or expanding upon.
Does my business have to be located in Alaska to qualify for assistance from AIDEA?
Yes, applicants must have an established presence within Alaska if they wish to receive aid from the Alaska Industrial Development Export Authority (eitheir a physical structure or headquarters). Additionally you should demonstrate how the purpose of your request would significantly benefit Alaskans towards viable job creation initiatives within the state.
Are there any resources available if I don’t know where to begin with my proposal submission?
Absolutely! Our team here at AIDE library has compiled helpful resources such as sample proposals that may be useful during your preparation process. In addition we have set up tutorials online regarding our application requirements so feel free to visit our website for more information on how best you can prepare your proposal submission according our criteria.
Does submitting a project proposal guarantee that my request will be approved by AIDEA?
Unfortunately submitting a request alone doesn’t guarantee approval as there are several other factors which go into consideration when assessing applications such as lending policies, environmental impact concerns and availability of funds among others.
Final Words:
As a government-run entity dedicated to driving growth throughout Alaska’s economy through investments in infrastructure projects, workforce training initiatives and other initiatives AIDEA serves as an important partner for many businesses looking for ways to expand their reach or start up operations within Alaska’s market for goods or services. The organization has remained loyal to its purpose since its foundation more than five decades ago – namely helping foster long term growth through strategic investments aimed at lifting opportunities for all Alaskans alike.
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