Denali Chamber Economic Development Proposal - Flipbook - Page 40
Preparation &
Recommendation
The Denali Chamber of COmmerce has done
groundwork to understand the steps, costs and
partnerships required to move forward on all of
the presented options.
Our recommendation would be to first create a
501(c)(3) foundation, which would be the initial
funding mechanism through private donations and
grant applications. This foundation can be owned
and operated by the Chamber of Commerce, as a
support entity specific to economic development.
the beginning stages of planning required by the
State of Alaska to recognize an economic
development district could then be completed
under the foundation.
The EDD would need to be completed in partnership
with the Denali Borough, and would ideally serve
as the first steps of a long term and collaborative
partnership for our regional success.