About the program


1. HELP 49SAF: Take our Three Question(ish) Survey. Believe it or not, 49SAF is six years old. We need to ask for your advice. What can we do better? What do we do well? Tell us your thoughts so they can inform our future. We'll look at the feedback and use it to guide us as we seek to add even more value for Alaska. Note: We'll keep the survey open until March 11.



2. OPEN FOR 2018 APPLICATIONS! The 49th State Angel Fund is now accepting applications for new Partner Funds. We intend to make a minimum of $1.5 million in investment recommendations available in 2018 to newly proposed funds that will invest capital into Anchorage companies. DOWNLOAD APPLICATIONS HERE (MICROSOFT WORD).



ABOUT: The 49th State Angel Fund is a public/private partnership that has created over $19 million in new capital availability in Anchorage. Almost 90% of the capital in this program is under some type of obligation or investment recommendation, with four partner funds investing our capital into Anchroage businesses. This capital is twinned with private capital: Every dollar the 49SAF invests is matched by at least a dollar from the private sector. The 49SAF uses a "fund-of-funds" model, with 49SAF placing its capital into local investment funds, which then make individual investment decisions. 

49SAF's Key Principles: The 49th State Angel Fund is an investment (and not a grant) program. Every dollar placed by the 49SAF is invested with the intent to provide the function with a return. The 49SAF does this in order to grow one day into an evergreen investment function, where returning capital can be put to greater use: Recycled, grown, continuously deployed to create benefit for the Anchorage economy. 

PODCAST: Twice a month we talk about entrepreneurship in Alaska and related subjects. Find us on Stitcher and iTunes.

For questions about the program, please call 49SAF Director Joe Morrison at 907.343.4898


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