Made in Alabama: Small Business

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Alabama Business Confidence Wanes, but Remains Positive for Third Quarter 2016

The Alabama Business Confidence Index™ (ABCI) came in at an optimistic 52.4 on the third quarter 2016 survey conducted by the Center for Business and Economic Research in UA's Culverhouse College of Commerce. Business confidence decreased 2.8 points since last quarter and panelists remain...

Written by Small Business Office

PeopleTec Inc. receives 2016 Small Business Prime Contractor of the Year Award

Huntsville-based government services company, PeopleTec, Inc. was recently named the 2016 Small Business Prime Contractor of the Year for Region IV by the U.S. Small Business Administration (SBA). Founded in 2005 and headquartered in Huntsville's Cummings Research Park, PeopleTec is a growth-oriented, woman-owned small...

Written by Small Business Office

Survey finds optimism low about economy by small businesses

A survey of small independent businesses shows little optimism for making capital outlays, increasing inventories or expanding, a mood that does not bode well for the economy. Those findings are contained in the National Federation of Independent Business' monthly index of small business optimism.

Written by Small Business Office

Innovation Depot boosts biotech pipeline, entrepreneurial ecosystem

[caption id="" align="alignnone" width="456"] Chemist Kate Hayden is director of research at Blondin Bioscience, based in Birmingham's Innovation Depot. (Image: Blondin)[/caption] Birmingham’s Innovation Depot has played a key role in growing Alabama’s biotech industry, with standout facilities, strong ties to world-class researchers and an...

Written by Small Business Office

Heather Boozer named UAH SBDC Small Business Counselor

[caption id="" align="alignnone" width="405"] Heather Boozer, Small Business Counselor at UAH's Small Business Development Center. (Photo by: Michael Mercier | UAH)[/caption] "Entrepreneurship is my passion; it gives the business world character," said Heather Boozer, Small Business Counselor, at The University of Alabama in Huntsville's...

Written by Small Business Office

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

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