Extension program empowers Alabama entrepreneurs to build successful businesses - Land-Grant Impacts

smiling program participant with a certificate

Extension program empowers Alabama entrepreneurs to build successful businesses

Story, Youth, Family, and Communities 1890, 2026, Alabama, Alabama A&M University, Community Development/Engagement, Economic Development, Extension, Profitability/Competitiveness

Business failures in Alabama mirror national patterns, often fueled by poor planning, weak financial management, ineffective marketing, cash flow problems and ineffective leadership.

According to the U.S. Bureau of Labor Statistics and Lendio, 23.5% of businesses in Alabama fail within the first year, 45.6% fail within the first 5 years and 63.9% fail within the first 10 years.

To help aspiring entrepreneurs build a firm foundation, the Alabama Cooperative Extension System at Alabama A&M University offers business startup training through the Birmingham Community Incubator. This educational opportunity equips individuals with essential resources, professional networks and business-planning skills to support long-term success.

In 2024, the program graduated 34 participants. Since 2022, 151 adults have completed the six-hour training course offered in partnership with the Salvation Army, Operation HOPE and ELI Thrive. Overall, 74 aspiring entrepreneurs have graduated from the program, and 68 received $1,000 grants to help launch their businesses.

View the full statement on the NIDB.

Alabama Cooperative Extension System – Alabama A&M University | Project supported by 1890 Extension capacity funds. Photo courtesy of Alabama A&M University.

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