Alaska Native Corporations Featured in September Issue.

• Author: Merki, Christine

Before Richard Nixon left the presidential office in disgrace in 1974, his administration gave us a gift that keeps on giving to all Alaskans.

The Alaska Native Claims Settlement Act of 1971 allowed Alaska Natives to take ownership of their land, and in turn, earn money for their shareholders--and by no small measure--contribute to the overall health of Alaska's economy for now 50 years.

Alaska Native Corporations continue to grow. ANCs have always found a way to synchronize their economic goals with the marketplace. ANC's are committed to growth and sharing dividends with their shareholders through business ventures inside Alaska and outside. ANCs seek to develop Alaska's natural resources while also keeping an eye on the horizon for economic opportunities outside of Alaska. Case in point, Doyon's ongoing exploration for minerals globally and Sealaska's involvement in installing renewable energy systems for the National Oceanic and Atmospheric Administration (NOAA)--both prime examples of expanding horizons.

The upcoming September issue of Alaska Business magazine will pay tribute to Alaska Native Corporations, where we'll take note of their contributions to our economy. It's the least we can do. After all, look at what the ANCs have...