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Published 1 month ago

Innovate Alabama to invest nearly $98M in small business growth

Summary by Alabama Political Reporter
Governor Kay Ivey announced Tuesday that Innovate Alabama is set to receive nearly $98 million to continue its support of Alabama small businesses, fueling the state’s powerful ecosystem of entrepreneurs. The dual-component program, LendAL and InvestAL, will finance loan and venture capital initiatives intended to enhance lender and investor confidence in Alabama and infuse capital directly into the businesses of the state’s startup founders and…

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