The Catalyst Receives Grant for Small Business Training Program

As Huntsville and Madison County continue to grow, there’s been an exponential surge in small business development over the past several years.

Here in North Alabama, small businesses and entrepreneurial ventures have been welcomed with open arms.

Economic development is essential for community growth and stability. To that end, the U.S. Small Business Administration recently awarded The Catalyst Center for Business and Entrepreneurship a $350,000 Management & Technical Assistance Program grant.

The program’s assistance encompasses a wide spectrum of services to include one-to-one customized coaching, business training, and networking/matchmaking opportunities. A key goal of the program is to help firms compete for federal, state and local contracts as a prime contractor or subcontractor.

To participate in the free training program, small businesses must be:

  • Owned and managed by economically and/or socially disadvantaged individuals
  • Located in areas of high unemployment or low-income
  • Certified 8(a) participant or HUBZone small business
  • Economically disadvantaged and woman-owned

For information, visit catalystcenter.org