Tag Archive for: State of Alabama

ServisFirst Bancshares Ranks 21st on S&P Global Market Intelligence’s 2022 Top 50 Public Banks

ServisFirst Bancshares, Inc., bank holding company of ServisFirst Bank, announces that it has been ranked 21st on S&P Global Market Intelligence’s 2022 Top 50 Public Banks. S&P Global Market Intelligence ranks US public banks by financial performance and are limited to  banks with greater than $10 billion in total assets. Rankings were based on three […]

Housing supply continues to increase, but can it meet demand?

The latest weekly report from the Huntsville Area Association of Realtors (HAAR), dated for the week ended March 18, demonstrates that the inventory of homes for sale in Huntsville/Madison County has continued to increase.  The inventory of single-family units saw a 92% increase, up to 2,508 homes, while townhouses and condo units saw a 66% […]

Boeing donates $250,000 to assist with tornado recovery and relief efforts in Mississippi and Alabama

Boeing is committing $250,000 to assist with disaster recovery and relief efforts in Mississippi and Alabama following the deadly tornadoes that affected communities across the region. “Our hearts go out to all those impacted by the recent tornadoes in Mississippi and Alabama,” said Ziad Ojakli, executive vice president of Government Operations. “We’re partnering closely with organizations that can quickly provide […]

Innovate Alabama awards more than $3 million in small business grants

Innovate Alabama announced the second round of recipients of the Innovate Alabama Supplemental Grant, awarding more than $3 million to 19 small businesses across the state. The funds will be used to help these local business owners grow roots in Alabama by supporting the development and marketability of modern technology.  The initiative will continue to enhance Alabama’s […]

Huntsville Business Included in 2023 National Small Business Week Award Nominations

On March 14, 2023, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the Small Business Persons of the Year from each of the 50 states, the District of Columbia, and Puerto Rico.  The State, District of Columbia, and Puerto […]

C Spire Moves CFO Ben Pace to Birmingham Office to Chart Growth in Alabama

C Spire’s CFO Ben Pace is moving to the company’s Birmingham, Alabama office to pilot continued growth and expansion for the diversified telecommunications and technology services firm across the state. Pace previously worked in C Spire’s Ridgeland, Mississippi headquarters for the past 23 years. The move comes in the midst of a $500 million investment in fiber infrastructure […]

Hospitality industry recovery stronger than expected, brings tax revenue to Alabama

While the COVID-19 pandemic wreaked havoc across all aspects of the economy, the hospitality industry took an especially vicious hit, with its profits decimated and much of its workforce laid off in wake of the catastrophic drop in travel. However, new reports from the American Hotel and Lodging Association (AHLA), in partnership with Oxford Economics, […]

Poarch Band of Creek Indians’ Stephanie Bryan recognized as ‘CEO of the Year’

Business Alabama has awarded Stephanie Bryan, Chair and CEO of the Poarch Band of Creek Indians, with its first ever CEO of the Year award. Hundreds attended the Birmingham luncheon where Business Alabama held its inaugural awards event honoring the best in business around the state. In bestowing Bryan with its first ever CEO of […]

Huntsville’s ASCTE launches new cyber and engineering outreach program

HUNTSVILLE, AL — The Alabama School of Cyber Technology and Engineering (ASCTE) announced the launch of a new statewide program: Advancing Cyber Concepts and Engineering Learning (ACCEL).  ACCEL is an outreach effort from ASCTE. The Alabama Legislation that created ASCTE also mandates that the school assist teachers, administrators, and superintendents across the state in replicating […]

Alabama Launchpad of EDPA chooses finalists for first cycle of 2023

Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA), is proud to announce that Launch Advisors have selected 10 finalists to participate in Cycle 1 2023. The finalists will compete for a combined $75,000 at a public finale scheduled to take place April 20, 2023, in Tuscaloosa, Alabama. Alabama Launchpad features entrepreneurs […]