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Birmingham invites proposals for 2027 BOLD funding program

The city allocated up to $1.5 million for initiatives boosting small businesses, workforce development, neighborhood revitalization and economic mobility.

Aerial view of Birmingham, Alabama. STOCK

The Birmingham Department of Innovation and Economic Opportunity is accepting proposals for its 2027-28 Building Opportunities for Lasting Development funding program, known as BOLD.

Established in 2018, the program awards public funds to businesses to promote economic development in Birmingham.

“The organizations rooted in Birmingham are key catalysts in moving our city toward meaningful, lasting transformation,” Birmingham Mayor Randall Woodfin said. “We remain dedicated to funding efforts that expand economic opportunity and strengthen the overall quality of life in our communities. Maintaining our support for BOLD awardees is a deliberate commitment that strengthens resident empowerment, revitalizes neighborhoods and contributes to a more unified, resilient Birmingham.”

The BOLD program has awarded $6.2 million to 66 local organizations since its inception. Birmingham also recently allocated up to $1.5 million for the program as part of the city’s fiscal 2027 budget.

The city selects recipients based on their proposed work in five areas: small businesses, workforce development, eliminating barriers, creative placemaking and high-growth industries.

“The BOLD program embodies Birmingham’s commitment to progress shaped by the community itself,” said Coreata’ Houser, director of the Department of Innovation and Economic Opportunity. “Its reach touches every corner of our neighborhoods, empowering residents, supporting local enterprises and strengthening our long-term vision for the city. For eight years, BOLD awardees have championed grassroots advancement, driving economic mobility and cultivating a more dynamic, connected Birmingham.”

Local businesses and organizations may apply by submitting proposals for programs and services that advance economic resilience and mobility in Birmingham through the department’s website.

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The program offers applicants technical assistance workshops and one-on-one guidance during designated office hours.

A committee that includes representatives from the mayor’s office and Birmingham City Council administration reviews the applications. The program prioritizes proposals that demonstrate community impact, present a clear strategy for economic growth and expand opportunities across Birmingham.

The application deadline is August 13.

Alex Jobin is a reporter. You can reach him at [email protected].

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