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Community Development Financial Institutions in Alabama
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:
- Community Development Loan Funds
- Community Development Credit Unions
- Community Development Banks - Including Thrifts and Holding Companies
- Community Development Venture Capital Funds
SBDC | 
SCORE | 
WBC |
Other SBA Partner | 
CDFI
Cahaba Community Development, LLC
Birmingham
Demopolis Federal Credit Union
Demopolis
Hope Unity Fund Inc.
Gadsden
Prichard Federal Credit Union
Prichard
Rural Rental Housing Fund, LLC
Tuscaloosa
Stevenson Federal Credit Union
Stevenson
YWCA of Birmingham/YW Homes
Birmingham
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The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.
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