Alabama Small Business News

Many have been asking about the SBA’s Disaster Assistance Loan Program. Here is what we know: The Federal Emergency Declaration last week activated the SBA’s Economic Injury Disaster Loan program (EIDL). We expect the program to cover the entire state, and not just counties where individual have

In recognition of her contributions to serving Alabama’s small business community, Cassie Chandler, SBDC Business Advisor at Jacksonville State University, has been awarded the “State Star” award from the Association of Small Business Development Centers.

SBDC Day is a national movement to help raise awareness about the service offering and impact of America’s SBDCs – the U.S. Small Business Administration’s (SBA) largest business assistance program.

The U.S. Small Business Administration opened a Business Recovery Center (BRC) in Lee County, on March 8 to help businesses in Alabama affected by the severe storms, straight-line winds and tornadoes on March 3, 2019. SBA representatives at the Center can provide information about disaster loans, answer

The 2018 Impact Snapshot highlights the economic impacts achieved by the Alabama SBDC Network, including over 200 new business starts, almost 1,200 new jobs, over $72 million in funding for small businesses, and $324 million in government contracts. The purpose of the report is to provide an

Rural Strong-Alabama is coming soon to an area near you – designed specifically for Alabama entrepreneurs by the SBA and USDA.  Rural Strong is a comprehensive initiative comprised with specific programming to rural economic development needs.  The executive leadership of the (SBA) and (USDA) recently developed a

Over the last two years, the Alabama SBDC Network has helped companies obtain over $131 million in new capital, thanks in no small part to the efforts of Suzanne Darden.  Darden, who leads the Capital Access Program at the Alabama SBDC Network, has been awarded the “State

WASHINGTON — The Internal Revenue Service issued proposed regulations, on August 8, 2018, for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new deduction — referred to as the Section 199A deduction or