Sylacauga Economic Development Agency

Find Sylacauga Alabama economic development agencies, departments, and corporations. Economic development agencies provide information on resources for economic growth, expansion of local businesses, attracting new business and tourism.

Talladega County Economic Development 225 N Norton Ave Sylacauga AL 35150 256-245-8332

St Clair County Economic Development Council # 300, 500 College Cir Pell AL 35125 28.9 miles from Sylacauga 205-814-1440

Shelby County Economic Development 1126 County Services Dr Pelham AL 35124 30.7 miles from Sylacauga 205-620-6640

Jefferson County Economic Development 500 Beacon Parkway West Birmingham AL 35209 37.4 miles from Sylacauga 205-943-4794

Birmingham City Economic Development 710 20th Street North Birmingham AL 35203 38.5 miles from Sylacauga 205-254-2799

Fairfield Economic Development 4701 Gary Avenue Fairfield AL 35064 42.5 miles from Sylacauga 205-788-2492

Elmore County Economic Development 10 Cambridge Court Wetumpka AL 36093 47.9 miles from Sylacauga 334-514-5843

Blount County Economic Development 608 2nd Avenue East Oneonta AL 35121 53.8 miles from Sylacauga 205-625-6900

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About Economic Development Agencies

What is a tax abatement?

A tax abatement is an agreement between a business and a taxing entity, such as a state, county, or local government, which provides a temporary tax reduction for a business that expands or makes physical improvements. Typically, the additional property taxes that would have been levied as a result of the business expansion or improvement are forgiven for a specified period of time. Businesses are sometimes offered tax abatements as a way to encourage expansion and investment.

What is the difference between an Economic Development Agency and an Economic Development Commission?

An Economic Development Agency is an agency of the government staffed by professional employees who implement the programs and services of the agency. An Economic Development Commission usually refers to an appointed board that serves as an advisor on economic policy. Economic Development Commissions are common at the county and local levels of government.

What do I need to do to start a new business?

Most Economic Development Agencies have a staff person or office to help prospective business owners to understand how to register their business and obtain any necessary licensing.