ED  Alaska Growth Capital


     Office Locations:

3900 C Street, Suite 302
Anchorage, AK 99503-5965
Phone: 907-339-6760
Fax: 907-339-6771



  • Early



  • Food & Agriculture
  • Manufacturing & Industrial
  • Real Estate & Construction
  • Retail & Restaurant



    Alaska Growth Capital is a venture capital firm that provides permanent working capital loans, long-term loans, commercial mortgages, and equity investments to companies in commercial real estate, manufacturing, retail, fish processing, transportation, tourism, and service industries. A leader in community development finance, having mobilized more than $150 million in loans and investments to businesses throughout Alaska, AGC makes equity investments in new or rapidly growing businesses with a clear exit strategy. A subsidiary of Arctic Slope Regional Corporation, AGC was founded in 1997. The company considers investments across Alaska, but prefers to support low-income, rural communities. AGC provides customized commercial loans of $100,000 to $10 million to various companies throughout the state, including large native corporations, small start-ups, and non-profit organizations. Loan terms range from 7 to 25 years with varying interest rates, depending on the use of funds and the amount of risk.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Benjamin Sumulong Commercial Loan Officer
    Bill Cessnun Commercial Loan Officer
    Cheri Shrader Commercial Loan Processor
    Chris McGee President and CEO
    Clayton Bourne Vice President of Finance


    Portfolio companies include:


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