Alaska Growth Capital

CDCs must cover a geographic area, either county, region or entire state. If applying for statewide coverage, there must not be another statewide CDC.

Applicants must provide a budget and prove that they have adequate funding for operating the CDC. At least one full-time staff person must be dedicated to operating the CDC.

The Board of Directors must be comprised of at least five people. They must: 1) Be involved in the economic development of the geographic area (state), 2) Chosen by a majority of the stockholders (members), and 3) must include the following types of individuals:

--A lending officer with experience in small business lending

--A representative of a community organization

--A representative of a business organization

--A representative of the governmental body covered (stat

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Some common words found in the essay are:
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Approximate Word count = 964
Approximate Pages = 4 (250 words per page)

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