AK CARES Expands Program to Fishermen

Updated 9/17/20

**CLOSED TO APPLICATIONS**

Aug. 20 Update: Gov. Dunleavy has just expanded eligibility rules for the AK CARES program to allow businesses and commercial fishers who received PPP or EIDL funds (no matter the amount) to apply for an AK CARES grant. His changes also allow secondary income businesses to apply. These changes are not yet in effect but should be soon – see the Governor’s Press Release for more information.

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Aug. 6 Update: The Alaska Cares Act funding was expanded to Alaska Fishermen!!

Apply online here: https://www.akcaresonline.org/

The State of Alaska has also provided a very helpful Informational Sheet and Checklist. This program provides grants of up to $100,000 to commercial fishermen on a first-come, first-served basis. So, you’ll want to read the Informational Sheet and Checklist closely and be prepared to apply at https://www.akcaresonline.org/ .

Posted 8/5/20:

https://www.bbrsda.com/updates/2020/8/3/ak-cares-act-funding-for-fishermen#:~:text=You%20can%20read%20the%20announcement,come%2C%20first%2Dserved%20basis.

"Details:

• This assistance is disbursed in the form of grants, not loans. There is no repayment required except in the case of malfeasance.

• Fishermen operating as either a small businesses or sole proprietorships may apply. See Informational Sheet and Checklist for all eligible business types.

• Assistance will be given on a first-come, first-serve basis to eligible applicants until the earlier of: November 15, 2020, the end of the Governor’s declared state of emergency, or once the program’s cap has been met."