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
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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...
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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...
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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.
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