Made in Alabama: Small Business

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5 startups gearing up for Alabama Launchpad competition in Huntsville

Five teams will compete for their chance of up to $250,000 in funding this week during Alabama Launchpad's Startup Competition Finale in Huntsville. The Economic Development Partnership of Alabama program will begin at 4:05 p.m. Thursday with a pitch event at Design Lab at...

Written by Small Business Office

SBA Alabama District Office Releases 2015 Loan Numbers

BIRMINGHAM, AL – The U.S. Small Business Administration Alabama District Office released a report on Alabama SBA loan activity for Fiscal Year 2015 which showed an increase over Fiscal Year 2014. This mirrored a nationwide trend in SBA lending and demonstrated a positive change...

Written by Small Business Office

Office of Broadband Development forms advisory board, task forces

A nineteen-member advisory board and four task forces have been created as part of the state's newly-formed Office of Broadband Development. As we've previously reported, Gov. Robert Bentley signed an executive order in July creating the Office of Broadband Development to help local Internet...

Written by Small Business Office

University of Alabama to have third Innovation Day on Wednesday

The University of Alabama’s third “Innovation Day,” a showcase of new technologies developed by students and faculty and information sessions meant to help them successfully start and run a businesses, is scheduled for Wednesday on campus. The showcase organized by the Office for Research...

Written by Small Business Office

SBA and Operation HOPE Renew Alliance to Promote Financial Education

WASHINGTON – The U.S. Small Business Administration and Operation HOPE, Inc., today renewed its Strategic Alliance Memorandum (SAM) to promote financial education and encourage economic empowerment through entrepreneurship. “This is an important step toward helping more entrepreneurs look beyond their neighborhoods to engage not...

Written by Small Business Office

Grants to assist small business

MONTGOMERY, Ala. (WTVA) -- The University of Alabama is getting some financial help to assist budding business owners in 10 counties. The Appalachian Regional Commmission is providing $75,000 for the university's Alabama Enterpreneurial Research Network. AERN will purchase equipment, books and software for its...

Written by Small Business Office

Alabama businesses expecting a busy Small Business Saturday

[caption id="" align="alignnone" width="423"] Sherry Hartley, co-owner of Alabama Goods, shows some of the store’s state-made items. (Michael Tomberlin/Alabama NewsCenter)[/caption] National retailers are touting their deals for Black Friday, but small, local companies believe they are the real deal when it comes to Small...

Written by Small Business Office

The Real Reason Banks Deny Loans to Many Small-Business Owners

No one ever promised that the challenges to growing a small business would be small. Entrepreneurs regularly confront issues that can threaten the very core of their companies, not the least of which is difficulty securing the financing they need to run and grow...

Written by Small Business Office

Blondin Bioscience Wins Big with $749,000 SBIR from the National Institutes of Health

[caption id="" align="alignnone" width="300"] Dr. Katri Selander of Blondin Bioscience LLC, a startup that did not win Alabama Launchpad Competition funding but persevered to receive a $749,000 NIH grant.[/caption] Alabama Launchpad alumnus company Blondin Bioscience, LLC recently won a highly competitive Phase I Small...

Written by Small Business Office

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