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Governor Ivey Announces Innovate Alabama Awarded Nearly $98 Million to Support Alabama Small Businesses
June 19, 2024
MONTGOMERY, Alabama, June 19 -- Gov. Kay Ivey, R-Alabama, issued the following news release on June 18, 2024:

Governor Kay Ivey announced today that Innovate Alabama is set to receive nearly $98 million to continue its support of Alabama small businesses, fueling the state's powerful ecosystem of entrepreneurs.

The dual-component program, LendAL and InvestAL, will finance loan and venture capital initiatives intended to enhance lender and investor confidence in Alabama . . .

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