Akima Management Services, LLC and its operating company are all Alaska Native Corporations (ANC).  Alaska Natives are actually part of a much larger group designated “Native Americans” that also includes Native Indians and Native Hawaiians.  Legislation has provided generally the same 8(a) benefits and opportunities for each of these disadvantaged groups of people.

Native Americans are among the poorest and most underemployed groups in America, and the U.S. Government has taken a number of steps to help promote self-sufficiency in this population.  One of the most successful initiatives has been making Native Americans eligible for the Small Business Administration 8(a) program by including Native Americans in the definition of “socially and economically disadvantaged.”

An important distinction between Native Americans and their non-Native American counterparts in the 8(a) program is that non-Native American businesses represent one individual or one family.  On the other hand, Native American businesses provide the benefits of the 8(a) program to 100% of the members of a disadvantaged group.  Benefits and profits are spread over a much larger population, so each individual shareholder receives much less than an individual company owner.

Click here to access the web site to our parent company, NANA Corporation.