University of Alabama Program Helps Small Businesses With Challenges in Pandemic

| September 27, 2020 @ 2:00 pm

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By Adam Jones
University of Alabama

During a five-month period this year, a program based at the University of Alabama helped thousands of small businesses in the state successfully tap into federal disaster funds to preserve jobs and stay open during the coronavirus pandemic.

The Alabama Small Business Development Center led an effort to assist businesses to learn about the federal disaster programs and to aid their efforts to access the critically needed federal funds.

The statewide SBDC, part of the UA Office for Research and Economic Development, delivered more than 55 workshops on applying for disaster funding, addressing almost daily changes in the funding programs. Close to 6,600 individuals participated in the SBDC training webinars and advising services, resulting in $117 million in funding for small businesses.

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