Alaska Small Businesses: Five Fast Facts

March 6, 2024

Delaney Sexton
Contributing Editor

Alaska Small Businesses: Five Fast Facts

71,781 small businesses employ 52.2% of all Alaska employees.
From March 2021 to March 2022, 2,408 new small businesses opened.
In 2021, new loans of $100,000 or less reached $277.8 million.
43.8% of Alaskan small businesses are women-owned, 11.4% are veteran-owned, and 16.4% are owned by a racial minority.
Small business employment grew by 17.5% between 1996 and 2020, which exceeded the national small business growth rate.