Enhance MHT

The Sunny Day fund supports extraordinary economic development opportunities that create and retain employment as well as create significant capital investments. Projects must generate significant jobs in areas of high unemployment; they are evaluated on a competitive basis and must be consistent with the state's strategic economic development plan.

The Commercial Development Authority (CDA) of the City of Jacksonville, Alabama, in its continuing effort to support the development of commercial business in Jacksonville, has created a Business Development Grant Program for business owners and tenants. The Business Development Grant Program will continue the process of creating an atmosphere conducive to conducting business in Jacksonville while attracting new commercial development. The following outlines the details of Jacksonville’s Business Development Grant Program. Business Development Grants are awarded by the CDA to encourage entrepreneurship, investment, and business success in the City of Jacksonville for new, expanding, and transitioning businesses. Grants are contingent on the availability of funding. Businesses must be located within the City of Jacksonville and meet the eligibility requirements.

The city of Haysville is offering a cash incentive to new businesses coming to the area. New restaurants can receive $20,000 to put toward the business within city limits. The $20,000 grants would be paid to the business over the first three years of operation, when small businesses tend to struggle the most.

The Women’s Business Development Council is offering grants of up to $2,500 to qualified start-up businesses The WBDC Launch Pad Grant Program offers newly established businesses the opportunity to receive a $2,500 grant to put toward start-up costs. The grant funds cannot be used towards payroll/to pay yourself, real estate improvements (e.g. construction costs), reimbursement for past purchases or debt repayment.

HSBIR provides matching grants to help companies further develop new products that solve critical issues for the nation. Applicants must have received Federal Small Business Innovation Research (SBIR) /Small Business Technology Transfer (STTR) grants or contracts to qualify for the state matching grant program. The HSBIR program provides up to 50% match for companies receiving SBIR/STTR awards. Companies may apply also for reimbursement for grant writing costs for their initial Federal grant application (Phase 0). The Hawaiʻi SBIR matching grant program is the longest state funded SBIR matching program in the United States. Initially the grant program only funded companies that received Phase I grants but in 2016, the program was expanded to help companies who are moving their advanced technology products from research into the market. Hawaiʻi’s SBIR Phase II and Phase III winners are creating the best technology solutions in the nation.