CCEDC: Recruiting New Business with Professional Hospitality

Industrial Revenue Bonds (IRBs)

  • 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

Category: Assistance Through Bonds & Grants

More Assistance Through Bonds & Grants

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 Alabama Department... Learn More
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... Learn More
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. Learn More