Creating new jobs and economic opportunities.

The Fairbanks community is dynamic, diverse, affluent, and is in the perpetual renewal. FEDC’s vision is to fuel our community with infinite imagination, innovation, intelligence, and involvement. We will set the standard in economic growth and provide leadership in promoting investment and sustainable development. 

The MISSION of the Fairbanks Economic Development Corporation is to assist in creating new jobs and new economic opportunities for the residents of the Fairbanks North Star Borough and our economic area.

To set the standard in economic growth and provide leadership in promoting investment and sustainable development, Fairbanks Economic Development Corporation develops projects that merge the natural resource economy of Alaska and the Interior with University, business, and government to build a knowledge-based economy in the north.

We believe that this is “OUR Community, OUR Economy and OUR Responsibility” and we work hard to diversify our economy as this is a critical step to building a sustainable future for Fairbanks.  In order to do so, we focus our time and resources on projects with the highest probability of success.  Our projects center on Energy, Cold Weather Testing, Military, Forestry/Mining and Agriculture, Rural Outreach/Regional Hub and the Technology Led Development Program. We also support projects such as the Interior Issues Council and respond to economic development opportunities and community needs as they arise.