Connect with us

Economy

Governor announces $200 million “Revive Plus” small business grant program

Revive Plus is the second wave of funding for organizations with 50 or fewer employees and will award grants of up to $20,000 for expenses.

Staff

Published

on

Alabama Gov. Kay Ivey (VIA GOVERNOR'S OFFICE)

Gov. Kay Ivey on Wednesday announced Revive Plus, a $200 million grant program to support small businesses, non-profits and faith-based organizations in Alabama that have been impacted by COVID-19. Revive Plus is the second wave of funding for these organizations with 50 or fewer employees and will award grants of up to $20,000 for expenses they have incurred due to operational interruptions caused by the pandemic and related business closures.

“As the state has rolled out over $1 billion of the CARES Act monies to the individuals and businesses affected by COVID-19, it became evident the group most overwhelmingly hurt during the pandemic were the small ‘mom and pop’ shops,” Ivey said. “A second round of assistance through Revive Plus will ensure that the small business owners who have borne the brunt of the downed economy can be made as whole as possible. As we head into the holiday season, my hope is that this will be welcome news for our businesses and help ease their burdens from what has been a very hard year.”

Entities may receive up to $20,000 to reimburse qualifying expenses if they have not received federal assistance for the corresponding item they are claiming with the state of Alabama. The Revive Plus grant is in addition to any state of Alabama Coronavirus Relief Fund grant previously received, including the Revive Alabama Small Business, Non-Profit, Faith-Based, and Health Care Provider grants. There is no set cap on the number of entities that may be awarded a Revive Plus Grant. Grants will be awarded to qualifying applicants on a first-come, first-served basis until the funds are exhausted.

“The Revive Plus program is much needed in our small business economy,” said Senate General Fund Chairman Greg Albritton, R-Atmore. “I commend Governor Ivey for taking this action, recapturing unspent dollars and using a proven program to bring economic relief to our small business owners.”

Alabama received approximately $1.9 billion of CARES Act funding to respond to and mitigate the coronavirus pandemic. Alabama Act 2020-199 initially designated up to $300 million of the Coronavirus Relief Fund for individuals, businesses, non-profit and faith-based organizations directly impacted by the coronavirus pandemic. After the initial $100 million for small business that was reimbursed starting in July 2020, legislative leadership approved a second round of $200 million from allocations made to reimburse state government and from other grant programs that have ended with the full allocation unspent.

“This second round of funding for Alabama entities will provide much needed resources for our state’s economy,” said Senate Minority Leader Bobby Singleton, D-Greensboro. “I appreciate the governor and the Finance Department’s work to ensure we utilize these funds to the benefit of our citizens.”

ADVERTISEMENT

Entities may access grant information and the grant application through the Coronavirus Relief Fund website. The application period for the Revive Plus Grant Program will open at noon, Nov. 23, 2020 and run through noon, Dec. 4, 2020.

“This is welcome news for small businesses, non-profits and faith-based organizations that are continuing to feel the adverse effects of the Covid-19 virus,” said House General Fund Chairman Steve Clouse, R-Ozark. “Time is of the essence and I urge all qualified entities to apply as soon as possible beginning Monday, November 23rd.”

A coalition of the Business Council of Alabama, the National Federation of Independent Business of Alabama (NFIB Alabama) and the Alabama Restaurant Association worked closely with the governor’s office to revisit the grant program after the initial round of Revive Alabama reached the $100 million cap.

“Businesses throughout the state are working diligently to keep their employees and customers safe, all while ensuring commerce throughout Alabama continues to move,” said Business Council of Alabama President and CEO Katie Britt. “Revive Plus will be essential in giving Alabama businesses access to the necessary and needed funding to keep their doors open and keep hard working Alabamians employed. Our broad coalition of businesses, associations and chambers commend Governor Ivey and her administration for putting these critical funds into the hands of businesses who need it most.”

Public Service Announcement

Qualifying entities must have been in business March 1, 2020, are currently in business and have a valid W-9 to apply for a Revive Plus Grant.

The Alabama Political Reporter is a daily political news site devoted to Alabama politics. We provide accurate, reliable coverage of policy, elections and government.

Advertisement

Economy

State unemployment rate dropped to 5.8 percent last month

Alabama’s unemployment rate decreased from 6.7 in September to 5.8 percent in October.

Micah Danney

Published

on

(STOCK PHOTO)

Alabama’s unemployment rate decreased from 6.7 in September to 5.8 percent in October, according to the Alabama Department of Labor. October’s seasonally adjusted rate represents 130,329 unemployed persons, down from 153,338 in September. That compares to 61,210 in October 2019.

“We’re glad to see a drop of almost an entire percentage point in our unemployment rate this month,” said ADOL Secretary Fitzgerald Washington. “We will continue to see fluctuations in these economic indicators as pandemic concerns remain, but this month showed growth in both the number of jobs we are supporting and the number of people who are working.”

The number of people counted as employed in October was 2,121,505, up from 2,119,297 in September, but down from the 2,186,771 measured in October 2019.

There were 9,262 new unemployment claims filed in Alabama last week, up from 8,764 the previous week, according to the Alabama Department of Labor. 

Of the claims filed between Nov. 8 and Nov. 14, there were 3,001, or 32 percent, that were related to COVID-19, down from 38 percent the previous week.

Continue Reading

Economy

Applications open the Livestock Auction Market Direct Payment Program, Poultry Processor Reimbursement Program

Each program will assist Alabama’s agriculture with costs associated with disruptions experienced due to COVID-19.

Brandon Moseley

Published

on

(STOCK PHOTO)

Alabama Commissioner of Agriculture and Industries Rick Pate announced that both the Livestock Market Direct Payment Program and the Poultry Processor Reimbursement Program applications are open.

The applications are available at agi.alabama.gov or crf.alabama.gov. The deadline to submit applications is Dec. 1, 2020. Each program will assist Alabama’s agriculture with costs associated with disruptions experienced due to COVID-19.

Pate and agricultural stakeholders developed a broad-based relief plan to support agribusiness in the state of Alabama, which has been hard hit by the coronavirus crisis and the resulting supply chain interruptions.

In August, Gov. Kay Ivey announced that $26 million of CARES Act Funds could be used to assist Alabama agriculture impacted by COVID-19. These funds were used to establish the Alabama Agricultural Stabilization Program (AASP).

Pate said on Monday that the Livestock Market Direct Payment Program is a $500,000 program to provide direct payments to stockyards affected by the crisis. Payments cannot exceed $25,000. Only licensed Alabama cattle auction markets are eligible.

Pate said the Poultry Processor Reimbursement Program is a $1.2 million program to reimburse Alabama poultry processing facilities for purchases of Personal Protection Equipment (PPE), disinfectants, workstation dividers and COVID-19 testing kits to protect their employees from COVID-19.

ADVERTISEMENT

Reimbursements for these expenses would be capped at a maximum of $40,000 per facility. Additional eligibility requirements will be posted at agi.alabama.gov or crf.alabama.gov.

The state has until the end of the year to spend nearly $1 billion in CARES Act money or it goes back to the federal government.

Continue Reading

Economy

Sewell’s annual job fair will be virtual this year

Job seekers will have the opportunity to connect with employers from 10 different industries.

Brandon Moseley

Published

on

(VIA OFFICE OF TERRI SEWELL)

Congresswoman Terri Sewell’s annual job fair is open for registration. This year, the job fair will be virtual, hosted via Zoom.

Sewell announced the opening of registration for Alabama’s 7th District 9th Annual Job Fair. Job Fair 2020 will be a two-day event held virtually on Wednesday and Thursday, Nov. 18 and 19, from 10 a.m. to 6 p.m. central time.

Job seekers will have the opportunity to connect with employers from 10 different industries. Registration is required via Eventbrite. Participation in the job fair is free and open to the public.

“Since the COVID-19 pandemic, I know so many jobs have been lost, and now more than ever our annual Job Fair is needed,” Sewell said. “For the past 8 years, the Job Fair has been a space for job seekers in Alabama’s 7th Congressional District to connect directly with employers. We are very excited to continue our tradition with a robust 2020 virtual program! Over the course of two days, job seekers can learn about jobs available right NOW in Alabama.”

This year’s virtual event will feature employers from more than 10 types of industries, including automotive, restaurant and food management, transportation and construction, hospitality and retail, health services, utilities and telecommunications, manufacturing and production, staffing agencies, government agencies and law enforcement.

Sewell said she made a commitment to work to improve the lives of people in the 7th Congressional District when she was elected. Getting people jobs and growing the economy of the district has been the goal of the job fair.

ADVERTISEMENT

Sewell said that when she was elected, the counties of the district had some of the highest unemployment rates in the country. Coming out of the Great Recession, the district had an unemployment rate about 14 percent.

That rate is now down to 6 percent — still double the national average but a tremendous improvement for the people in the district. Then COVID hit.

Sewell said that the district, like the rest of the country, was hard hit by the coronavirus crisis and many jobs, particularly in the hospitality sector, were lost.

Sewell said that they don’t have as many employers participating in this year’s job fair as in some in the past but it is “still a great opportunity.”

Public Service Announcement

“We have a pretty good track record,” Sewell said. According to surveys, 25 to 30 percent of participants in past job fairs found jobs through the Job Fair, Sewell’s office said. Since that is dependent on participants responding to the surveys, they suspect the number is higher.

“We do have very strong participation from all the largest employers in the state,” Sewell said. There are opportunities there for people with a variety of skill sets.

Sewell said that she is very proud of all of the investments that have been made by manufacturers in the 7th Congressional District and cited the expansions at Hyundai and Golden Dragon in Wilcox County.

“We have a very good track record,” Sewell said of past job fairs. “Everywhere I go I meet people who tell me how their lives changed because of our job fairs.”

On Nov. 3, Sewell was elected to her sixth term in the U.S. House of Representatives.

Continue Reading

Economy

Alabama Commerce Department providing new tools for exporters

The goal of the new program is to give companies new internet marketing tools to elevate their profiles and win business in foreign markets.

Brandon Moseley

Published

on

Cranes at the Port of Mobile in Mobile, Alabama. (STOCK)

The Alabama Department of Commerce’s Office of International Trade will unveil new online tools to give Alabama companies that depend on exports new marketing options. The Commerce Department is working with its partners to help export-minded companies across the state maintain their global focus and create new trade relationships overseas.

The Department of Commerce’s trade team, in collaboration with The Export Alabama Alliance, is aligning with IBT Online to form the Alabama Online Global Program. The goal of the new program is to give companies new internet marketing tools to elevate their profiles and win business in foreign markets.

Alabama Commerce Secretary Greg Canfield said the commerce team and the international trade group received financial resources from the U.S. Small Business Administration’s State Trade Expansion Program, or STEP, to launch the Alabama Online Global Program.

Economic developer Nicole Jones said: “Alabama has to be creative to stay competitive amidst uncertain times. Aimed to do just that, the program will allow companies in Alabama to continue dialogue with current international partners during the global pandemic. Online conversations and a focus on digital marketing also provide businesses an opportunity to gain new customers and, in the COVID-19 environment, is the next best alternative to in-person meetings. We look forward to the presentation of the new Alabama Online Global Program business development tools this Wednesday.”

A presentation on the online business development tools offered through the program is scheduled for 11 a.m. on Wednesday, Nov. 18.

“A strong online presence for companies has never been so important as it is now,” Canfield said. “It is critical that we help them adapt as much as possible to these new conditions to avoid losing current customers and to quickly return to pre-quarantine levels of activity.”

ADVERTISEMENT

Hilda Lockhart, the director of Commerce’s Office of International Trade, said that the COVID-19 pandemic has disrupted the plans of many Alabama firms to expand their business internationally. The Alabama Department of Commerce was forced to cancel 2020 trade missions planned for Vietnam, Hong Kong, the Caribbean and Russia.

Alabama companies who had planned to travel to foreign trade shows had those events also canceled.

“We know this has been extremely challenging during this year with COVID 19 impacting travel, supply chains, causing shutdowns/closures and causing a lot of uncertainty for everyone,” Lockhart said. “Because of COVID-19, we began looking for innovative ways to help companies across Alabama reach out to potential buyers and partners throughout the world,” she added.

IBT Online has created programs for other states. They can help companies with website localization strategies that make their brands easy to find in target countries and facilitate business connections.

Public Service Announcement

“This seemed like to the optimum time to partner with IBT and bring this expertise and opportunity to Alabama companies,” Lockhart said. “Because of Covid-19, it’s now even more crucial for businesses to make their website an effective global business tool.”

Davies Hood, the president of Birmingham-based Induron Protective Coatings, said that his company has been working with IBT Online and is already seeing benefits from its “internationalization through localization” approach to marketing.

“Sometimes we tend to look at the world through the lens of our own culture, experience and/or preconceptions, so they have helped us take a more local, customer-focused approach,” Hood said. “Their professionalism and politeness impress me, but I genuinely value their approach that is based more on systems and processes than more touchy-feely marketing approaches.”

Chris Wilder of SEPCO, an Alabaster-based maker of fluid sealing products, said STEP has benefited his company.

“The STEP grant program been a vital part of our global export growth strategy,” Wilder said. “We have used it for everything from market research, to trade mission prospecting. Currently we are working with the program to further develop our international digital marketing assets. The STEP grant program is an excellent value.”

Continue Reading
Advertisement
Advertisement