Newsletter: Navigating the road to financial wellness and entrepreneurship

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Navigating the road
to financial wellness
and entrepreneurship

Welcome to this month's newsletter, where we embark on a multifaceted journey, exploring the landscape of financial wellness, the resilience of Arctic entrepreneurs and strategies for fostering economic diversity.

Also in this newsletter:

Chart your path to financial wellness

What does financial wellness look like?
  • Less stress — knowing where your money is going, and when money is coming in 
  • Increased innovation and creativity — using tools for money management 
  • Sense of security — having a plan in place so you can be prepared for unforeseen financial situations
Sound appealing? Sign up for our Financial Wellness workshop at spruceroot.org/financialwellness.

The workshop is 9 a.m. to 1 p.m. November 13-14. Deadline to apply is November 3.

The cost of the workshop is $25, but applicants who find the fee to be a financial burden may request a waiver by emailing grow@spruceroot.org before filling out the application.
APPLY NOW
(Photo by Marc Wheeler)
Program Director Ashley Snookes provides business coaching to North Slope Marketplace Finalist Vera Gibson.

Spruce Root empowering North Slope
entrepreneurs with business boot camp

In August, members from our Spruce Root team traveled to Utqiagvik, Alaska, to host a business boot camp for 10 entrepreneurs from across Alaska’s North Slope. 

Over the course of three days, the team dove deep into business planning, mapped out metrics for measuring social and environmental impact, bonded during walks along the Arctic Ocean, and so much more. 

We are grateful to partner with McKinley Alaska Growth Capital to bring our signature Path to Prosperity programming to other regions in Alaska! And also to the incredible entrepreneurs who approached this training with such enthusiasm and tenacity!
 
(Photo provided by Ashley Snookes)
Ashley Snookes, left, spoke with Alejandra Y. Castillo, U.S. Assistant Secretary of Commerce for Economic Development, at the International Economic Development Council annual conference in Dallas, Texas.

IEDC annual conference puts spotlight
on economic diversity and resilience

In September, Program Director for Technical Assistance Ashley Snookes traveled to Dallas, Texas, to attend the International Economic Development Council annual conference. 

Some key takeaways from the conference were how Spruce Root and its partners can play a lead in shifting the region toward regenerative jobs; how to get feedback from other stakeholders on your marketing strategy and get feedback on dos and don’ts; and how to work in alignment with your values.

During the conference, Spruce Root was awarded three 2023 Excellence in Economic Development Awards from the International Economic Development Council.
READ MORE
(Photo by Shaelene Grace Moler)
In breakout groups, local Haines artists join in the conversation on pricing their art.

From creativity to commerce: Haines
artists 
pursue business success

In early October, Izzy Haywood, Shaelene Grace Moler and Marc Wheeler traveled to Haines to facilitate a two-day Business Basics for Artists workshop, organized in partnership with the Chilkoot Indian Association.

A small group of Native and non-Native artists was highly engaged in the material, which covered art industry analysis, business planning, break-even analysis, branding and marketing, legal entities and licensing.

Representatives from Voyij.com also presented on marketing art to cruise ships.

Are you an artist who is looking for business advice? Connect with one of our business coaches and look out for a future Business Basics for Artists workshop.
PHOTO GALLERY
Thank you to all our partners, supporters, donors and communities for continuing to share in our vision for the region!

Spruce Root is a 501(c)(3) nonprofit Community Development Financial Institution (CDFI). Our services for small businesses include coaching, training and lending for startup enterprises, working capital, business expansion, leasehold improvements and other business capital needs. We are a driver of a regenerative economy across Southeast Alaska so communities can forge futures grounded in this uniquely Indigenous place.

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