SEEDS funding topping $475,000 to speed site development in Henagar
HENAGAR, Alabama — Today, officials in Henagar celebrated a major milestone with a substantial grant from the state’s new Site Evaluation Economic Development Strategy (SEEDS) program, which is accelerating the transformation of a portion of the DeKalb County city’s existing 90-acre industrial tract into a “shovel-ready” site. The SEEDS grant award amount is $475,609, which…
Alabama gets high rankings in publication’s ‘Top States for Doing Business’ report
MONTGOMERY, Alabama — Alabama has once again demonstrated its commitment to fostering a thriving business environment, earning a No. 8 ranking in Area Development’s 2024 “Top States for Doing Business” report. This marks another year of Top 10 recognition for the state, as the national publication highlights Alabama’s competitive edge across multiple business-friendly categories. The…
German American Chamber event showcases Alabama business opportunities
German business leaders will learn about Alabama’s advantages for potential investment projects or partnerships during an upcoming webinar coordinated by the German American Chamber of Commerce in Atlanta. The Sept. 25 webinar is part of the Chamber’s “Virtual Tour 2024 — Southern U.S.,” which is providing in-depth introductions to 11 different states in the region.…
Commerce selects Meghann Bridgeman as next Alabama Film Office director
MONTGOMERY, Alabama — The Alabama Department of Commerce announced today the selection of Meghann Bridgeman, president and CEO of Create Birmingham, as the next Director of the Alabama Film Office. With extensive experience in arts and economic development, Bridgeman will lead the state’s efforts to attract, support and promote general entertainment productions across Alabama. Bridgeman…
Minority Vendor Conference in Birmingham showcases opportunities
BIRMINGHAM — Small business owners and entrepreneurs across the state can benefit from the upcoming Alabama Minority Vendor Conference and Showcase, an event dedicated to empowering small and disadvantaged businesses across the state. Scheduled to take place from 10 a.m. to 4 p.m. on Thursday, Sept. 5, in Birmingham, this showcase serves as a vital…
Governor Ivey announces appointments to the Alabama Growth Alliance
MONTGOMERY, Alabama — Governor Kay Ivey today announced the appointment of eight distinguished business leaders to the Alabama Growth Alliance, a key initiative aimed at supporting efforts to drive economic growth and innovation through the governor’s new economic development strategy. This marks another major milestone in the implementation of the “Working for Alabama” legislative package,…
Growing Alabama funds heading to 7 communities for site development
MONTGOMERY, Alabama — Governor Kay Ivey announced today that the Renewal of Alabama Commission has allocated over $15.5 million in Growing Alabama funding to seven economic development organizations across the state to speed the development of industrial sites. The Growing Alabama program provides a tax credit to eligible taxpayers who make contributions to economic development…
Small Businesses Get Training Boost from Alabama SBDC
TUSCALOOSA, Alabama — With funding from the U.S. Treasury’s State Small Business Credit Initiative, the Alabama Small Business Development Center at The University of Alabama launched the AssistAL program to significantly increase its capacity for technical assistance in the form of advising and training to help business owners get the capital they need. Reauthorized and expanded by…
Second round of SEEDS grants becoming available for site development
Communities across Alabama will soon have an opportunity to apply for state grants that could help them develop industrial sites capable of competing for high-impact economic development projects — and the jobs that come with them. The new Site Evaluation and Economic Development Strategy (SEEDS) Act has already been a success, with the first round…
Jefferson County Micro Business Accelerator launches as ‘game-changer’
The Central Alabama Redevelopment Alliance (CARA) announced the launch of the Jefferson County Micro Business Accelerator, an innovative initiative designed to propel small businesses towards growth and long-term success. The program, made available through the collaboration of area chambers of commerce and economic development organizations, aims to revolutionize the trajectory of micro businesses across Jefferson…
