Why the path to prosperity program and competition?
The Spruce Root Path to Prosperity Business Competition aims to support business ideas in Southeast Alaska that will increase local employment, have a positive social and economic impact on their communities, and promote sustainable use of local resources. Path to Prosperity programs will also increase entrepreneurial skills and business leadership in Southeast Alaska.
When is the application due?
Applications open April 1, 2026, and are due by 11:59 p.m. May 31, 2026. Apply here.
Who is eligible?
This year’s competition cycle is open to businesses based in Southeast Alaska that intend to have a positive social, ecological and economic impact on their communities. Entries can be for a new business startup, diversification of an existing business, or extension of a current business activity. This year’s competition cycle is only open to Alaska Native individuals. Entries can be for a new business or an expansion of a current business. The primary applicant for the business must be Alaska Native and the business must have 51% or more Alaska Native ownership. The primary applicant must plan to attend Entrepreneur Camp.
Please reach out to us if you have additional questions about eligibility.
Yes, we are happy to provide assistance and feedback for crafting a competitive application. If you would like support filling out this application, please reach out to our team no later than May 22nd, by emailing aguthrie@spruceroot.org.
Business ideas may include a new business or an expansion of an existing business. Note that 501(c)3 nonprofits are not eligible. Applicants must be Southeast Alaska residents.
We especially encourage participation from entrepreneurs residing in smaller communities in Southeast Alaska.
What do finalists and winners receive?
Twelve finalists will attend our Business intensive in-person training in Anchorage from October 1st to October 4th, where they will receive technical assistance in writing a business plan and work with a variety of business specialists and service providers. Two businesses will then be selected as winners, and each will receive an award of up to $20,000. Awards can be used for any expense that will increase the entrepreneur’s capacity to run the business and/or grow the business in the medium to long term, but may not be used for debt or immediate operational expenses (i.e. payroll, rent, etc.).
Why is the Path to Prosperity Business Competition focusing Alaska Native-owned Businesses?
The focus on Alaska Native entrepreneurs aligns with our commitment to fostering economic growth and cultural resilience within Southeast Alaska’s Indigenous communities. By centering the competition on Alaska Native people, we aim to:
- Support entrepreneurship within Indigenous communities.
- Empower businesses that reflect and sustain Native culture, values, and traditional knowledge.
- Provide resources and opportunities tailored to the unique strengths and needs of Shareholder entrepreneurs.
Our other workshops including Business Basics, Master Class, and Financial Wellness remain open to all residents of Southeast Alaska. Check out our upcoming opportunities on our homepage.
Yes, we are happy to provide assistance and feedback for crafting a competitive application. If you would like support filling out this application, please reach out to our team no later than May 22nd, by emailing aguthrie@spruceroot.org.
Can I receive assistance with my application?
Yes, we are happy to provide assistance and feedback for crafting a competitive application. If you would like support filling out this application, please reach out to our team no later than May 22nd, by emailing aguthrie@spruceroot.org.
To find out more and ask any questions, contact us. You’ll find our contact information in the footer of this website.
This is an Equal Opportunity Program. Discrimination is prohibited by Federal Law.