What is the KEDC?
Kodiak Economic Development Corporation (KEDC) serves the Kodiak Island region as an IRS designated 501(c)3 nonprofit organization. KEDC’s mission is to promote Kodiak’s economic development and resiliency present and future, by advocating for a healthy business environment, connecting stakeholders to opportunities, innovating to strengthen Kodiak’s future and by driving support for existing businesses.
Our Core Values
KEDC promotes and supports the development of new ideas and opportunities by identifying opportunities and establishing connections among industry groups.
We are a community that relies on relationships to get things done – it is all about the people of Kodiak.
KEDC is committed to diversifying the economy and expanding its reach throughout the Kodiak Island region.
A sustainable economy equals a sustainable community. KEDC is committed to building a diverse economy that supports a high quality of life for all community members.
KEDC offers support and mentoring to existing and startup businesses.
Located in the Gulf of Alaska, the Kodiak Island region includes sixteen major islands paralleling the Katmai Coast along the Alaska Peninsula for 177 miles. At 3,588 square miles, Kodiak Island is the second largest island in the United States, second only to the island of Hawaii. The city of Kodiak is 250 air miles southwest of Anchorage and is the seventh largest city in the state. Total island wide population including the six villages of Port Lions, Ouzinkie, Larsen Bay, Karluk, Old Harbor and Akhiok is approximately 13,000 with the majority of those residents living in and around the City of Kodiak and its road system.
Kodiak has a long history being a prominent contributor to Alaska's commercial fishing industry. With large processing plants like Trident, Ocean Beauty, and more on the island, much of our economy is interwoven into the fishing industry. However, Kodiak is abundant in other industries. Healthcare, construction, energy, aerospace and more are all participants in Kodiak's economy. We are excited to join forces with these organization and strengthen Kodiak's present and future economy.