Eric Fullerton makes his investment pitch during the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)

Eric Fullerton makes his investment pitch during the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)

Small businesses win big in Alaska version of ‘Shark Tank’

The mock game show was hosted at a yearly Alaskan tourism conference

Editor’s Note: An earlier version of this story misidentified a company as Go Hike Alaska. The company’s name is Hike Alaska. It has since been updated.

The Alaska Travel Industry Association’s annual conference was punctuated Wednesday by the homegrown Alaska tourism version of the game show “Shark Tank.”

Applicants to the competition pitched their ideas to a panel of three industry executives with the hope of winning cash prizes to advance their business. Scott Habberstad from Alaska Airlines, Heather Handyside from GCI, and Dale Wade from Alaska Railroad judged nine competitors and awarded $17,000 dollars in varying amounts to several contestants.

Contestants came pitching everything from expanded marketing for their snowshoe tour business to improved lifesaving gear for their boat tours.

KellyAnn Cavaretta waits as the judges deliberate over her investment pitch during the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)

KellyAnn Cavaretta waits as the judges deliberate over her investment pitch during the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)

“It feels great,” said one winner, KellyAnn Cavaretta.

Cavaretta was promoting Salted Roots, a nature retreat in Seward based on coastal A-frame cabins, built for a new generation of travelers who want different amenities in their vacations than baby boomers did, such as more of an experience and more distance from civilization. Her ask for $5,000 was to improve her marketing model. Cavaretta also won the crowd favorite award, receiving another $2,000.

“It’s about the exposure,” Cavaretta said, echoing an oft-heard refrain of the conference.

Cavaretta and other competitors had to stand and deliver their pitch on stage before the judges and a crowd of hundreds of peers. They had a limited period of time to pitch their request, and judges asked questions about things such as viability, market and scalability afterwards. Some competitors dressed soberly, but some were more eye-catching, including at least on competitor dressed as Elvis, Eric Fullerton.

Matt Worden makes his investment pitch during the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)

Matt Worden makes his investment pitch during the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)

Matt Worden, owner of Hike Alaska, was another big winner, netting $5,000 for expanded kit to scale his business up incrementally after a quietly successful first year in operation in Anchorage. Dressed in a full snowsuit, snowshoes and hiking kit, Worden shot his shot after feeding judges the same locally sourced food that he feeds his guests.

“It’s kind of like a dream come true,” Worden said. “It’s going to help me get to the next place along the way.”

Worden is working on expanding his off-season business, getting into team-building hikes and other ways of keeping a steady business.

Other winners included Alice Bioff of Naataq Gear and Ian Laing of Laing & Co, who each won $2,500.

Judges and competitors pose for a photo after participating in the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)

Judges and competitors pose for a photo after participating in the Alaska Tourism Industry Association’s version of “Shark Tank” during their annual conference, held this year at Centennial Center, Oct. 9, 2019. (Michael S. Lockett | Juneau Empire)


• Contact reporter Michael S. Lockett at 757-621-1197 or mlockett@juneauempire.com.


More in News

(Juneau Empire file photo)
Aurora forecast through the week of Feb. 1

These forecasts are courtesy of the University of Alaska Fairbanks’ Geophysical Institute… Continue reading

Two flags with pro-life themes, including the lower one added this week to one that’s been up for more than a year, fly along with the U.S. and Alaska state flags at the Governor’s House on Tuesday. (Mark Sabbatini / Juneau Empire)
Doublespeak: Dunleavy adds second flag proclaiming pro-life allegiance at Governor’s House

First flag that’s been up for more than a year joined by second, more declarative banner.

Students play trumpets at the first annual Jazz Fest in 2024. (Photo courtesy of Sandy Fortier)
Join the second annual Juneau Jazz Fest to beat the winter blues

Four-day music festival brings education of students and Southeast community together.

Frank Richards, president of the Alaska Gasline Development Corp., speaks at a Jan. 6, 2025, news conference held in Anchorage by Gov. Mike Dunleavy. Dunleavy and Randy Ruaro, executive director of the Alaska Industrial Development and Export Authority, are standing behind RIchards. (Yereth Rosen/Alaska Beacon)
For fourth consecutive year, gas pipeline boss is Alaska’s top-paid public executive

Sen. Bert Stedman, R-Sitka, had the highest compensation among state legislators after all got pay hike.

Juneau Assembly Member Maureen Hall (left) and Mayor Beth Weldon (center) talk to residents during a break in an Assembly meeting Monday, Feb. 3, 2025, about the establishment of a Local Improvement District that would require homeowners in the area to pay nearly $6,300 each for barriers to protect against glacial outburst floods. (Mark Sabbatini / Juneau Empire)
Flood district plan charging property owners nearly $6,300 each gets unanimous OK from Assembly

117 objections filed for 466 properties in Mendenhall Valley deemed vulnerable to glacial floods.

(Michael Penn / Juneau Empire file photo)
Police calls for Sunday, Feb. 2, 2025

This report contains public information from law enforcement and public safety agencies.

(Michael Penn / Juneau Empire file photo)
Police calls for Saturday, Feb. 1, 2025

This report contains public information from law enforcement and public safety agencies.

(Michael Penn / Juneau Empire file photo)
Police calls for Friday, Jan. 31, 2025

This report contains public information from law enforcement and public safety agencies.

University of Alaska President Pat Pitney gives the State of the University address in Juneau on Jan. 30, 2025. She highlighted the wide variety of educational and vocational programs as creating opportunities for students, and for industries to invest in workforce development and the future of Alaska’s economy. (Corinne Smith/Alaska Beacon)
University of Alaska president highlights impact on workforce, research and economy in address

Pat Pitney also warns “headwinds” are coming with federal executive orders and potential budget cuts.

Most Read