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Nominations Now Open for 2016 Alabama Innovation Awards

Alabama Launchpad, a program of the Economic Development Partnership of Alabama, wants to recognize top innovation in the state. Do you know a company or individual that goes beyond the conventional? The Alabama Innovation Awards celebrate innovation achievements occurring across the state, in five...

Written by Small Business Office

Alabama House approves small business tax credit for new jobs

The Alabama House of Representatives today passed a bill that would give businesses with 75 or fewer employees a $1,500 income tax credit for every new, full-time job paying $40,000 or more a year. The bill, by Rep. Kyle South, R-Fayette, is called the...

Written by Small Business Office

US small business confidence at two-year low

U.S. small business confidence fell in January to its lowest level in nearly two years amid worries about the near-term outlook for business conditions and sales growth, consistent with a recent slowdown in economic growth. The National Federation of Independent Business said on Tuesday...

Written by Small Business Office

EDPA on the lookout for Alabama’s top innovators

The Economic Development Partnership of Alabama is seeking nominations for the state's top innovators as part of its annual Alabama Launchpad Innovation Awards. Categories for nominations include Corporate Innovator of the Year (small company, 1-50 employees), Corporate Innovator of the Year (large company, 50+

Written by Small Business Office

SBA Announces Cooperative Agreements Available for State Trade and Export Promotion

WASHINGTON, D.C. – The U.S. Small Business Administration announced today that states will be able to immediately apply for SBA cooperative agreement awards that support efforts to increase exporting by small businesses.  The State Trade and Export Promotion (STEP) Program was appropriated $18 million...

Written by Small Business Office

SBA’s Emerging Leaders Initiative Expands to Help Entrepreneurs Grow and Succeed

WASHINGTON – The U.S. Small Business Administration’s Emerging Leaders executive-level training series is launching in 51 cities and communities across the country this year. The Emerging Leaders training focuses on small, poised-for-growth companies with potential for job creation.  The seven-month intensive, executive entrepreneurship education...

Written by Small Business Office

Alabama Business Optimism Improves at Onset of 2016

Business confidence rose to 53.0 on the first quarter 2016 Alabama Business Confidence Index™ (ABCI) survey, conducted by the Center for Business and Economic Research in UA's Culverhouse College of Commerce. The index increased 1.8 points but closed at its second lowest level since...

Written by Small Business Office

Alabama tech business makes Forbes’ America’s Best Small Companies list

A technology hardware and equipment business in Huntsville is among Forbes' "small giants" in the magazine's America's Best Small Companies list. Torch Technologies was the only Alabama company to make the inaugural ranking, which includes 25 firms that "have chosen to be great, instead...

Written by Small Business Office

Gov. Robert Bentley announces plan to recognize veteran-owned businesses

Gov. Robert Bentley and other officials today announced a program to provide display stickers to let consumers know businesses that are owned by veterans. The governor said veterans own about 25,000 small businesses in Alabama, according to the U.S. Census. "We have about 420,000...

Written by Small Business Office

8 startups chosen for first round of Alabama Launchpad competition

Startups from Birmingham, Huntsville and Anniston will pitch their ideas before a panel of judges next month in hopes of winning a share of $250,000 in funding. Alabama Launchpad, a 10-year-old program of the Economic Development Partnership of Alabama, has selected eight young companies...

Written by Small Business Office

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