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Published 26 days ago

Governor Kay Ivey Announces $98 Million Funding for Innovate Alabama to Boost Small Businesses

Summary by calhounjournal.com
Montgomery, AL – Governor Kay Ivey announced yesterday that Innovate Alabama is set to receive nearly $98 million to bolster support for small businesses in the state, fueling Alabama’s entrepreneurial ecosystem. This funding, the largest small business funding initiative in the state’s history, will be channeled through the dual-component program LendAL and InvestAL, which aims to finance loan and venture capital initiatives to enhance lender a…

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