Values-driven investment in the Bristol Bay region
As a leading Native corporation, BBNC defines investment in the traditional sense, placing top value on the returns generated by our businesses throughout Alaska and across the continent. Guided by our traditions, we also know that investing in the culture, education, and sustainable future of our communities pays off for all of us.The Bristol Bay Development Fund (BBDF) is a “nurture capital” fund that unites these two approaches to support the entrepreneurial spirit of our region.
Bristol Bay Development Fund
Created in 2014 as a subsidiary of BBNC, BBDF is infusing $5 million into the Bristol Bay economy over an 11-year period, investing in businesses that directly benefit our shareholder community. By deploying both financial and non-financial capital—like knowledge, planning assistance, and connections—BBDF acts as a catalyst for the successful launch of brand-new businesses and helps existing companies advance to the next level.
The benefit to shareholders is layered: When BBDF invests in a shareholder-owned business, that business can grow and expand. BBDF investments can also lead to new employment opportunities for shareholders. And BBDF investments can improve the quality of life in Bristol Bay by providing goods or services that may not have been available locally.
In the Bristol Bay region, our culture is built upon the benefits of working together to provide for our communities. BBDF is a forward-thinking expression of the principles that have long shaped our culture.
Visit BBDF’s website to learn more: www.bbdf.net