The Alaska Industrial Development and Export Authority (AIDEA) is a public corporation in the U.S. state of Alaska. Its goal is to promote economic development in the state by providing financing to Alaskan businesses.
 | |
| Company type | Public corporation |
|---|---|
| Founded | 1967 |
| Headquarters | , U.S. |
Area served | Alaska |
| Website | www |
History
editThe organization was established by the Alaska State Legislature in 1967 as the Alaska Industrial Development Authority (AIDA).[1][2] Its powers were expanded by the state legislature in 1987, and its name was changed to the Alaska Industrial Development and Export Authority (AIDEA).[1]
The AIDEA has funded projects such as the Ambler Road and oil exploration in the Arctic National Wildlife Refuge.[3]
Environmental criticism
editThe AIDEA has been criticized by environmental groups for its support of oil drilling in the Arctic National Wildlife Refuge.[4][5]
See also
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References
edit- ^ a b "About". Alaska Industrial Development and Export Authority. Retrieved August 27, 2025.
- ^ Tim Bradner. "Critics assail AIDEA but state development authority seems true to its mission". Alaskanomics.com. Retrieved August 27, 2025.
- ^ James Brooks (November 11, 2024). "Alaska-owned corporation approves $750,000 for legal fights over Ambler Road and ANWR". Alaska Beacon. Retrieved August 27, 2025 – via Yahoo News.
- ^ Anja Semanco (August 30, 2023). "What the Heck is AIDEA". Alaska Wilderness League. Retrieved August 27, 2025.
- ^ James Brooks (October 24, 2024). "State-owned Alaska corporation approves up to $20 million for potential Arctic refuge oil bid". Alaska Beacon. Retrieved August 27, 2025.
External links
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