Made in Alabama: Small Business

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Alabama’s April Unemployment Rate Falls to 6.1%

MONTGOMERY – Governor Robert Bentley on Friday announced that Alabama’s preliminary, seasonally adjusted April unemployment rate is 6.1%, down from March’s rate of 6.2%. “Every aspect of this month’s jobs data reflects positively on Alabama’s economy,” Governor Robert Bentley said. “More people are working...

Written by Small Business Office

Crowdfunding For Small Businesses Gets Kick-Start

Starting today, small companies can raise up to $1 million from ordinary investors through what are called "crowdfunding portals." These portals are different from sites like Kickstarter. As one of the portal sites SeedInvest explains on its website: "Kickstarter promises rewards for successful projects...

Written by Small Business Office

Canfield talks ‘Business for Breakfast’

The recent gains in industrial development in Walker County were highlighted during a forum Monday morning. Alabama Secretary of Commerce Greg Canfield served as the speaker for the “Business for Breakfast” event, sponsored by the Walker County Development Authority and the Jasper Industrial Development...

Written by Small Business Office

Small business tax credit aims at new hires

Ted Whitten, the owner of Ted’s Plumbing in Anniston, had no idea the Alabama Legislature approved a new tax credit for small businesses last month, but the plumber said every little bit helps. “Any kind of tax credit is good, especially if it helps...

Written by Small Business Office

14-Year-Old Entrepreneur Raises $100K to Create First-Aid Vending Machine

What started as an eighth-grade project could soon turn into a multi-million-dollar company thanks to a 14-year-old entrepreneur from Alabama and his diligent work ethic. A decade of playing baseball as a first baseman and pitcher inspired Opelika High School freshman Taylor Rosenthal to...

Written by Small Business Office

14-Year-Old Entrepreneur Raises $100K to Create First-Aid Vending Machine

What started as an eighth-grade project could soon turn into a multi-million-dollar company thanks to a 14-year-old entrepreneur from Alabama and his diligent work ethic. A decade of playing baseball as a first baseman and pitcher inspired Opelika High School freshman Taylor Rosenthal to...

Written by Small Business Office

BioAlabama: Entrepreneurship and innovation that creates jobs

BioAlabama is a life science trade organization. It is Alabama's affiliate of the Biotechnology Industry Organization or BIO. And all of that probably still tells you very little about what BioAlabama is. Maybe what BioAlabama is was best explained by Gov. Robert J. Bentley...

Written by Small Business Office

SBA Administrator Recognizes Export Lenders of the Year

WASHINGTON, D.C. – Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration, recognized GBC International Bank of Los Angeles as the SBA 2016 Export Lender of the Year, and BanescoUSA, a community bank with headquarters in Coral Gables, Florida as SBA’s Export Working Capital...

Written by Small Business Office

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