Alaska Native Corporation

Alaska Native Corporations are for-profit companies established under the Alaska Native Claims Settlement Act (ANCSA) of 1971. They are owned by Alaska Native shareholders—a diverse group of indigenous peoples from Alaska. These corporations manage land, resources, and business ventures, providing economic development and employment opportunities for Alaska Natives. They also support cultural preservation and community well-being. While they operate like regular businesses, their purpose includes benefiting their Native shareholders and their communities, making them unique entities that blend economic goals with cultural and social responsibilities.