"It is the purpose of the Bristol Bay Economic Development Corporation to promote economic growth and opportunities for residents of its member communities through sustainable use of the Bering Sea resources."
Since the Western Alaska Community Development Quota (CDQ) program began in 1992, the Bristol Bay Economic Development Corporation has positioned itself to be an organization capable of providing meaningful benefits to its 17 member communities.
BBEDC is proud of the continuity of its board membership and the unwavering commitment to the long-term goal of enhancing the regional economy through revenues earned from investments in the Bering Sea ground fishing industry and royalty payments from CDQ quota. As a fiscally conservative organization and a prudent investor, BBEDC has been able to fund an increasing number of fishery-related programs for the approximately 6,000 people who reside year-round in the BBEDC region.