Business Assistance

• Administered by local economic development organizations
• Available for qualifying new and expanding companies
• Can be used for land, building, and equipment purchases
• Have lower interest rates and offer tax benefits

The USDA provides business assistance programs, including grants and loans for those companies looking to develop in rural areas. More information about these programs, including grant and loan information, can be found on the USDA Rural Development – Alabama website.

• Regional program
• Provides gap financing for qualifying new and expanding industries that are creating new permanent jobs
• Can be used for land, building, and equipment purchases, as well as working capital

Local municipalities are willing and able to apply for site preparation and infrastructure grants to assist new and expanding companies in Alabama.

• Industrial Development Grant Program (Site Preparation)
  • Used for land and labor surveys, site preparation, and road construction projects
  • Based on amount of capital investment
• Alabama Infrastructure Grant Program
  • Used to improve infrastructure on a site
• Alabama Industrial Access Road and Bridge Program
  • Used to create industrial access to a site
  • Includes construction of roads and bridges
• Grants from Alabama Department of Economic and Affairs

• Open to qualifying businesses that are headquartered in Alabama or are moving their headquarters to the state
• Administered by the Alabama Department of Commerce and provides alternative funding to conventional bank financing
• More information about this program can be found on the Made In Alabama website.

The Ozark-Dale Economic Development Corporation provides assistance to small businesses in the following ways:

• Business Planning
• Marketing
• Financial Resources
• Location Assistance

For more information about how to take advantage of our Small Business Assistance Program, please contact us.