Venture capital is scarce in Alaska. A business professor in Fairbanks hopes to change that.

Kim McGinnis is passionate about boosting Alaska’s economy. And she hopes a recent award from the University of Alaska Fairbanks will allow her to help entrepreneurs in the state by connecting them with venture capital.

In late July, she was awarded the Harold T. Caven Professorship in Business and Finance. The professorship started in 1974, and is a memorial gift by the Caven family in honor of Harold, a former director and president of First National Bank Alaska. READ MORE