Made in Alabama: Small Business

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Which new cities are part of Main Street Alabama’s revitalization program?

Main Street Alabama has picked four new cities for its comprehensive downtown revitalization effort. Columbiana, Heflin, Montevallo and Wetumpka are joining the program's 16 cities after participating in a five-month competitive application process. Cities are added every year to Main Street Alabama. Over its...

Written by Small Business Office

Innovation Fund grant speeds rollout of AIMTech treadmill

[caption id="attachment_14695" align="alignnone" width="409"] AIMTech's ResistX treadmill made its debut at the American College of Sports Medicine's annual conference in Boston. (Image: Southern Research)[/caption] The Alabama Innovation Fund helped speed the development of a revolutionary treadmill designed to allow people with neurological or physical...

Written by Small Business Office

SBA 504 Refinance Program Made Permanent

WASHINGTON -- Eligible small business owners now have more options to refinance eligible fixed assets and business expenses through the Small Business Administration (SBA) 504 Refinance Program.  SBA Administrator Maria Contreras-Sweet made the program permanent through an Interim Final Rule in The Federal Register...

Written by Small Business Office

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

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