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State Involvement - DCED fully supported SB 387 which passed
the House and Senate this legislative session pending signature from
the Governor.
The bill allows the Alaska Division of Investments to provide a loan
program for CQE's to purchase halibut and sablefish IFQ's.
- The CQE Program is a federal program administered
by NMFS, but the State will provide assistance to elibilble communities
from three Divisions within the Department of Commerce, Community, and Economic Development:
- The Division of Banking, Securities, and Corporations
will be able to answer questions regarding how to setup a non-profit
corporation. The Division of Banking, Securities, and Corporations
home page is: http://www.commerce.state.ak.us/bsc/home.htm
- The Division of Community Advocacy will be able
to answer questions regarding sample by-laws and provide a non-profit
corporation handbook with ideas regarding how to setup a non-profit
corporation. The Division of Community Advocacy home page is: http://www.commerce.state.ak.us/dca/
- The Division of Investments will be
able to provide loan applications and explain the application requirements
to obtain financing for halibut and sablefish IFQ's. The Division
of Investments home page is: http://www.commerce.state.ak.us/investments/index.cfml
- Eligible communities can contact DCED
to schedule workshops regarding the CQE program.
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