Learn More about CDFI's and Small Business Resources in Alabama see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Cahaba Community Development, LLC
Demopolis Federal Credit Union
Hope Unity Fund Inc.
Prichard Federal Credit Union
Rural Rental Housing Fund, LLC
Stevenson Federal Credit Union
YWCA of Birmingham/YW Homes
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.