Alabama Small Business Grants

Last Updated on August 7, 2022 by Danielle McDonald

The federal government allocates more than $10,008.00 million dollars and an additional local government fund of $7,610.00 million dollars into the business sector annually since small businesses and large corporations are the backbone of economic growth in Alabama. The state of Alabama has 77,035 businesses establishments, they are broken down into the following:

Alabama Business Sector Breakdown by Size

South Bend Grant Helps Local Restau...
South Bend Grant Helps Local Restaurants and Bars During Pandemic
  • 42,158 registered businesses in Alabama have 0 to 4 employees. This breakdown includes those who work from home and have sole proprietorship.
  • 14,544 registered businesses in Alabama have 5 to 9 employees.
  • 8,694 registered businesses in Alabama have 10-19 employees.
  • 7,381 registered businesses in Alabama have 20-99 employees.
  • 1,909 registered businesses in Alabama have 100 to 499 employees.
  • Over 2,349 registered businesses in Alabama have over 500 employees.

Alabama Business Sector Breakdown in Service Industries

  • 9,425 registered businesses in Alabama belong in the Professional, Scientific and Technical Services sector.
  • 4,213 registered businesses in Alabama are part of the Administrative, Support, Waste Management, and Remediation Services sector.
  • 8,080 registered businesses in Alabama are in the Accommodation and Food Services sector.
  • More than 11,268 registered businesses in Alabama are also service orientated businesses, but they are not included in the categories above.

You may also be eligible to apply for grants for small businesses if you work in the agriculture industry. The state of Alabama has more than 49,000 farms. The agriculture grants will likely be similar to the Alaska small business grants as that is also an agriculture state.

Small Businesses in Alabama

It is difficult to start and manage a small business in Alabama. This state spends more than $56,972,095,000.00 US dollars on employee salaries/payroll, and every year, 34,932 companies go bankrupt. The federal government does not provide grants to entrepreneurs for expanding or starting a business publicly. However, small business grants can be made available in Alabama to help business owners start and grow their ventures. Additionally, grant recipients don’t have to repay the government funding. Therefore, it is worth your time to look into small business grants to help fund your business.

Contact Alabama financial assistance agencies to apply for business grants.
You can also see the Wyoming small business grants to compare the opportunities in the two states.

Recent State Funding Opportunities

Below is a list of opportunities recently published in the local state:

FUNDING NUMBERFUNDING TITLE
USDA NRCS AL MULTI 21 NOFO0001092Alabama NRCS Technical Assistance for FY2021
USDA NRCS AL MULTI 21 NOFO0001093Alabama NRCS Technical Outreach and Education for Fiscal Year 2021
HHS 2021 ACF OHS CH R04 1859Head Start/Early Head Start Grantee — Communities in the state of Alabama
HHS 2020 ACF OHS CH 1818Head Start and/or Early Head Start Expansion – Alabama, Arkansas, California, Colorado, Georgia, Illinois, Kansas, Michigan, Mississippi, New Jersey, New York, Ohio, Oklahoma, and South Carolina
USDA NRCS AL MULTI 20 NOFO0001021Alabama NRCS Technical Services and Projects for Fiscal Year 2020
NPSNOINTIRP20AC00424(5) Year Base Agreement to Promote and Develop the Trail of Tears National Historic Trail at Tuscumbia Landing in Sheffield, Alabama
A20AC00020Alabama-Coushatta Wildland Fire Manaqgement
EPA GM 2019 TFWGulf of Mexico Program Reduction and Prevention of Trash in the Five Coastal States (Texas, Louisiana, Mississippi, Alabama, and Florida) of the Gulf of Mexico Watershed
F19AS00393Alabama Partners for Fish & Wildlife Longleaf Pine Restoration
HHS 2020 ACF OHS CH R04 1691Head Start and/or Early Head Start Grantee — The Cities of Georgiana, Evergreen, Troy, Ozark, Luverne, Elba, Enterprise, Greenville, Midland City, Brundidge, Union Springs and Monroeville, Alabama

Leave a Comment

Your email address will not be published.

SUBSCRIBE TO OUR

NEWSLETTER

JOIN THE ELITE CLUB

Scroll to Top