The Path to Prosperity (P2P) business development competition has selected 12 finalists to advance to the second round of the 2018 program. P2P aims to identify and support new and growing small businesses in Southeast Alaska, especially those implementing sustainable practices into their business models.
After limiting the contest to food businesses only in 2017, P2P returned to its roots and reopened it to businesses of all types this year, which is the way it was the first four years. The two Sitka businesses to make the finals are both non-food businesses — Timberworks owned by Zach LaPerriere and Ebb & Flow owned by Iris A.B. Nash. Several of the finalists are food businesses, but not the two from Sitka.
“I make wood bowls and vessels to showcase the outstanding old growth forests of Southeast Alaska,” LaPerriere said. “Every bowl tells a story of the life and growth of an ancient tree. Because I work in woods that average 100 to 500 years old, I take extra time to shape each bowl to show what is most unique about the tree it came from. Because my work blurs the line between a functional wood bowl and art, about half my bowls are in daily use and the other half are displayed as art pieces around the world.”
“Ebb and Flow will be a design and sewn product manufacturing company in Sitka, offering high-function attire for the climate specific to Southeast Alaska,” Nash said. “Morally focused on cultivating conversation on conservation, we aim to tread lightly by utilizing earth friendly fabrics and processes.”
P2P is in its sixth year, and is a partnership between Spruce Root, Inc. and The Nature Conservancy. Since 2013, the P2P program has helped develop local companies that are focused on increasing profitability and local employment, while also having a positive socioeconomic impact on their communities, promoting sustainable use of local resources, and magnifying entrepreneurial capacity in Southeast Alaska.
All 12 finalists will participate in a three-day business boot camp Sept. 28-30 in Juneau. All expenses including airfare and lodging will be covered by P2P for the businesses. The intense weekend of workshops covers topics such as business plan writing, sustainable business practices, and accessing financial capital.
“I’ve been largely self-employed for 25 years and just learned along the way, but never taken the time to step back and write a business plan,” LaPerriere said. “I welcome the business boot camp because it will help me give more structure and planning to what I do. When do I hire professionals to help? How do I evaluate when to seek financing? These aren’t easy questions for a solopreneur artist. Spruce Root is an amazing organization, and it’s an honor to work with and learn from them.”
Nash said her family is out commercial fishing right now, so it will be a month or two before her new business takes shape. But she welcomes the competition as a good starting point.
2018 P2P Finalists
Here are this year’s twelve finalists, ordered by city and announced by business name and applicant:
- Beaver Brothers Trading Co., Quinn Aboudara, Craig
- Mud Bay Lumber Company, Sylvia Heinz, Haines
- Juneau Composts!, Lisa Daugherty, Juneau
- The Farm, Bridget LaPenter, Juneau
- Exiting Eden Tannery, Richard Harney, Ketchikan
- Blue Drum Farm, Marja Smets, Petersburg
- Petersburg Marine, John Murgas, Petersburg
- Timberworks, Zach LaPerriere, Sitka
- Ebb & Flow, Iris A.B. Nash, Sitka
- Tenakee Logging Company, Gordon W. Chew, Tenakee
- Gathered & Grown Botanicals, Angie Flickinger, Wrangell
- Yakutat Sustainable, Nathan Moulton, Yakutat