Alabama Small Business News

The BBJ asks 4 lenders why SBA loans make sense for small businesses. Source: Birmingham Business Journal, 12 July 2015 The Alabama SBDC Network provides no-cost business counseling, and assists existing businesses and start-ups with their capital needs, including conventional and SBA-backed loans. Q: What are the advantages

Andrea Price smiled as she greeted a local woman who came to Alabama State University’s Small Business Development Center with an idea for a startup, and not much else. It had been nearly two weeks since the unexpected death of the center’s longtime director, Lorenza Patrick. But

The U.S. Small Business Administration estimates more than 382,000 small businesses in Alabama contribute to the economy. One of those businesses is owned by local Dr. Jessica Bullock Sarratt. Sarratt, who has owned Family First Chiropractic on West Main Street for nearly two years, said she started

After counseling more than 165 businesses in the past year and helping them generate roughly $13 million in capital infusion, the Small Business Development Center (SBDC) at Auburn University was recognized by the Auburn Chamber of Commerce for “Broad Contributions to the Auburn Community.” Located at the

The SBDC at Alabama State University hosted its annual Woman 2 Woman Business Conference in Montgomery: WSFA.com Montgomery Alabama news.

Billy Canary, president and CEO of the Business Council of Alabama, speaks with Bill Cummins, Executive State Director of the Alabama Small Business Development Center Network about the state of small business in Alabama and the United States, and he will describe the good work that the

The SBA Emerging Leaders Initiative Birmingham (E200) is a federal training initiative that specifically focuses on executives of businesses poised for growth in historically challenged communities. The E200-Birmingham initiative provides these executives with the organizational framework, resource network, and motivation required to build sustainable businesses and promote

Alabama continues to be a leading state in deploying funds to local lenders and small businesses through the U.S. Department of the Treasury’s State Small Business Credit Initiative (SSBCI). The Alabama Department of Economic and Community Affairs has deployed $34 million – the 7th largest amount nationwide

Lindsay Bridges, Regional Manager with the Small Business Development Center (SBDC) at Auburn University (AU), has been selected as the 2014 Alabama State Star for the Alabama SBDC Network.  State Stars are exemplary performers who have made a significant contribution to the SBDC program and have demonstrated a

The U.S. Small Business Administration’s Alabama district office has recently launched an initiative to increase government-backed lending to companies in underserved markets in the state. The “Campaign for the 100”, which was created by SBA Lending Specialist Roderick D. Perkins, was established to help lenders originate at least