Paycheck Protection Program- $349 billion available The Paycheck Protection Program (PPP) is a Small Business Administration (SBA) loan that is designed to help businesses continue to employ their workforce during the Coronavirus (COVID-19) crisis.   Who's eligible? -Any small business that meets SBA's size standards -Any non-profit organizati...

Economic Injury Disaster Loan- $10 billion available The Economic Injury Disaster Loan (EDIL) will provide up to $10,000 of economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan is designed to help a business meet necessary financial obligations that could have been met had the disaster not occurred. T...

"Economic Development: Collaborate Regionally or Die," is an insightful blog post from John Longshore. He writes about regions working together instead of against each other, which could be of importance to the Shoals area. Check out his blog at the link below:   http://www.iamjohnlongshore.com/economic-development-collabor...

​ Economic development is not something you hear about every day. It may take you back to high school where you try to remember exactly what you learned in that economics course you had to take. While economics and economic growth are a major part of economic development, it is not the full story. Economic growth looks almost solely at numbers. It ...

Written and created by Mackenzie Cottles, Marketing Intern for SEDA  Helen Keller is known throughout history as a woman who defied many odds and became wildly successful, even though she was both deaf and blind. Anne Sullivan, Helen's teacher, dedicated herself to finding a way for Helen to communicate the thoughts that ran rapidly ...

https://remoteshoals.com   FLORENCE, Ala. - June 3, 2019 - Starting in June 2019, remote workers in the tech industry may be eligible to receive up to $10,000 to live in—and work from—The Shoals, an area that includes Colbert and Lauderdale counties in Northwest Alabama. The Remote Worker Incentive Program, or Remote Shoals, spearheaded by a p...

The goal of this blog entry is to update our community on what we are currently working on in the Shoals and beyond. Workforce/labor analysis is in process from Younger & Associates On-site surveys were conducted at various locations throughout the Shoals this past week. Complete report to be presented mid-Summer. Our staff and board continue t...

The History of SEDA The Shoals Industrial Development Authority (SIDA) was created by an act of Alabama State Legislature in 1986. The unanimous approval of both Lauderdale County and Colbert County elected officials established a single economic development authority, a new mechanism to lead the entire Shoals region to a more diversified, stable e...

The Shoals Economic Development Fund (SEDF) was formed in 2007 with the goal to further support development at the federal and state levels. The Shoals region is one of the only areas in the state that has a fund of this kind. The SEDF is designed to encourage and promote economic growth in Lauderdale and Colbert Counties. Through the recommendatio...

The Shoals Economic Development Authority is dedicated to creating and retaining business and employment opportunities in Colbert and Lauderdale counties. For more than 30 years, the Authority has helped companies establish a home for economic success in the Shoals, while creating sustainable job opportunities for our community. It's time we tell s...