Subsidiaries

Goldbelt Subsidiaries

Tourism Companies

Goldbelt, Inc., an Alaska Native owned urban corporation, was formed in 1976 as a part of the Alaska Native Claims Settlement Act (ANCSA). Over the years the corporation has implemented a strategy to provide both vertically and horizontally integrated services and products in the tourism industry.

Today, Goldbelt, Inc. owns many tourism subsidiaries and is the largest provider of entertainment for visitors to Southeast Alaska, the area known as the Inland Passage.

8a Companies

Section 8(a) of the Small Business Act of 1998 authorized the creation of a Small Business and Capital Ownership Development program within the Small Business Administration (SBA). The purpose of the 8(a) program is to help eligible small businesses compete in the American economy through business development. That development is channeled through Federal regulations which allow the eligible small businesses to contract directly with the federal government, or to subcontract with larger business entities which have Federal Government contracts. In order to encourage its many agencies to utilize small businesses, the government has established goals for the percent of agency budgets that must be expended through small businesses, and periodically provides incentives, including monetary incentives. Eligible businesses include Alaska Native Corporations and companies which are majority owned by Alaska Native Corporations.

In an effort to capitalize on the 8(a) program, Goldbelt formed an 8(a) Company in 2000, and four more in 2002 and 2003. In each case, while retaining majority ownership, Goldbelt has offered minority ownership to other companies or individuals with expertise in the area of business that each Company is devoted to. A brief description of each 8(a) Company may be found under this link.

Security Service

Goldbelt Security Service commenced business on August 1, 2005 with Coeur Alaska as their first client. Twelve years ago Coeur entered a partnership with Berners Bay Consortium: Goldbelt, Klukwan and Kake Tribal corporations. Goldbelt Security Service began operation to service the security needs at Jualin Mine utilizing the BBC agreement with Coeur. Goldbelt Security Service presently includes commercial and private residential patrol contracts with properties in the Juneau area. The commercial properties include car dealerships, apartment complexes and hotels. Goldbelt Security Service provides a multitude of services including: business, residential, special event security, marine live aboard, security patrol, notification of emergency services for unauthorized entry, fire, flooding, property damage, removal of unauthorized individuals and electronic alarm monitoring, VIP security protection including armed and unarmed protection services. Goldbelt Security officers are licensed and bonded with training to protect lives and property.