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Small Business

BCA: State of Small Business in AL

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

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SBA Emerging Leaders Birmingham E200

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

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Success: AL Small Business Credit Initiative

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

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Lindsay Bridges Named State Star

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

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SBA Loan Initiative Targets Black Belt

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

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Small Biz Lenders Recognized by SBA

The U.S. Small Business Administration Alabama District Office held its fifth annual Alabama Lenders Conference. The event, presented by the Alabama Small Business Development Center Network was held at the Hyatt Regency Wynfrey Hotel in Hoover, AL August 5th and 6th.  Attendees participated in workshops concerning the latest

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SBDC @ JSU Wins Excellence Award

State small business officials recognized the founders and current administrators of Jacksonville State University’s Small Business Development Center for their service to entrepreneurs in the area. The local center, one of seven throughout the state, serves as a resource center for residents hoping to start a small

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Storm-damaged small businesses now eligible for federal aid

Many small businesses around Alabama experienced weather damage during April and May, but those affected will now be eligible for federal disaster loans to help with the financial aftermath. The loans can extend up to $2 million, according to a report from the Associated Press. The Small

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Ex-Im Bank: Helping U.S. Companies Reach their Export Potential

Exports breathe new life into businesses. They transform whole communities through job growth. And that’s what the Export-Import Bank (Ex-Im) delivers: global tools that reap lasting local benefits. That’s especially true when it comes to Ex-Im’s work with small businesses. Last year, Ex-Im set a record for

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Business Alabama: Sustain Your Startup

Successful startups — say Alabama’s small business experts — begin with concise planning and investment in yourself. TEXT BY DAVE HELMS Roughly half of all Americans get their paycheck from a small business, and in Alabama the number is closer to two-thirds. Bill Cummins, director of the

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