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AL
Innovate Alabama SSBCI
Alabama’s SSBCI platform uses LendAL and InvestAL to expand loan and investment access for small businesses and startups.
About this program
Alabama’s SSBCI platform uses LendAL and InvestAL to expand loan and investment access for small businesses and startups.
Eligibility
Alabama small businesses and entrepreneurs accessing participating lending and investment channels, with technical assistance available.
Requirements
- InvestAL requires minimum 1:1 private investment match
- InvestAL requires extensive due diligence and Treasury quarterly/annual reporting
- LendAL loan proceeds must be spent in Alabama
Funding Categories
State-Federal Capital Access