{"id":7842,"date":"2025-06-07T13:30:41","date_gmt":"2025-06-07T13:30:41","guid":{"rendered":"https:\/\/d65.830.mytemp.website\/ieo\/?page_id=7842"},"modified":"2025-07-30T11:14:13","modified_gmt":"2025-07-30T16:14:13","slug":"rise","status":"publish","type":"page","link":"https:\/\/d65.830.mytemp.website\/ieo\/rise\/","title":{"rendered":"RISE"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7842\" class=\"elementor elementor-7842\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c0adb48 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"c0adb48\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c299062\" data-id=\"c299062\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a75a3b3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a75a3b3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-c9770d7\" data-id=\"c9770d7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-783109d dekoline elementor-widget elementor-widget-heading\" data-id=\"783109d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">RISE: Retention Incentives for Success and Expansion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a6b661b\" data-id=\"a6b661b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a5b6876 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a5b6876\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-39bd3f6\" data-id=\"39bd3f6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6af1c40 elementor-widget elementor-widget-text-editor\" data-id=\"6af1c40\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Office of Business Diversity and Opportunity (OBDO), under Birmingham&#8217;s Department of Innovation and Economic Opportunity, proudly supports RISE, an innovative initiative designed to foster the growth and sustainability of Birmingham-based businesses.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-f67a2a1\" data-id=\"f67a2a1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed5de6f elementor-widget elementor-widget-text-editor\" data-id=\"ed5de6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">RISE, which stands for Retention Incentives for Success and Expansion, establishes two dedicated funds to provide vital resources for local businesses, ensuring their long-term success and contribution to Birmingham\u2019s economy.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-57df699\" data-id=\"57df699\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3aa2bea elementor-widget elementor-widget-text-editor\" data-id=\"3aa2bea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">What is RISE?<\/span><\/p><p><span style=\"font-weight: 400;\">RISE is a strategic program focused on strengthening Birmingham\u2019s business community by prioritizing business retention and expansion. Unlike traditional initiatives that emphasize recruitment, RISE addresses the critical need for sustaining and growing existing businesses within the city.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6f813888 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6f813888\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-59add672 elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"59add672\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4e50fb41 dekoline elementor-widget elementor-widget-heading\" data-id=\"4e50fb41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How It Works<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd31223 elementor-widget elementor-widget-text-editor\" data-id=\"cd31223\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The RISE program is funded through a city ordinance, allocating 7% of revenues from specific sales transactions tied to redevelopment agreements, surplus assets, or sales above market value. These funds are divided into two key programs:<\/span><\/p><p><span style=\"font-weight: 400;\"><strong>Cash Incentive Fund (4%):<\/strong> Designed to support legacy businesses\u2014those with a longstanding history of serving the community.<\/span><\/p><p><span style=\"font-weight: 400;\"><strong>Revolving Loan Fund (3%):<\/strong> Targeted to assist small businesses with critical funding needs.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-67675cb7\" data-id=\"67675cb7\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ca82dd7 elementor-widget elementor-widget-text-editor\" data-id=\"6ca82dd7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">These resources will be available in perpetuity to strengthen Birmingham\u2019s local economy and maintain a thriving business ecosystem.<\/span><\/p><p><strong>Eligibility<\/strong><\/p><p><span style=\"font-weight: 400;\">Businesses operating within the city of Birmingham may qualify for RISE funds if they meet the following criteria:<\/span><\/p><ul><li><span style=\"font-weight: 400;\">Retaining or expanding their employee base.<\/span><\/li><li><span style=\"font-weight: 400;\">Operating as a new startup creating at least five full-time jobs.<\/span><\/li><li><span style=\"font-weight: 400;\">Small businesses that have been declined for traditional loans.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-7b87fae5 elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"7b87fae5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-4a746097\" data-id=\"4a746097\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-269af4bc tmnf_counter elementor-widget elementor-widget-counter\" data-id=\"269af4bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">Cash Incentive Fund<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"4\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\">%<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33020adb elementor-widget elementor-widget-text-editor\" data-id=\"33020adb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Designed to support legacy businesses\u2014those with a longstanding history of serving the community.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-321b4fb8 tmnf_counter elementor-widget elementor-widget-counter\" data-id=\"321b4fb8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">Revolving Loan Fund<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"3\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\">%<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-381bc1ba elementor-widget elementor-widget-text-editor\" data-id=\"381bc1ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Targeted to assist small businesses with critical funding needs.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-65f3cce1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"65f3cce1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-269980d3\" data-id=\"269980d3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55a3957d elementor-widget elementor-widget-image\" data-id=\"55a3957d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/d65.830.mytemp.website\/ieo\/wp-content\/uploads\/elementor\/thumbs\/Mayor-Woodfin-headshot-2025-resize-rcog7rrhjm8a5n5khop5cz320yu7genoqmtrrar8cw.jpg\" title=\"Mayor Woodfin headshot 2025-resize\" alt=\"Mayor Woodfin headshot 2025-resize\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-7b26a2b4 elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"7b26a2b4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-19ad5289\" data-id=\"19ad5289\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-70105daa dekoline elementor-widget elementor-widget-heading\" data-id=\"70105daa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Mayor's Vision<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63704bdc elementor-widget elementor-widget-text-editor\" data-id=\"63704bdc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">\u201cThe health and longevity of our local businesses are a priority,\u201d said Mayor Randall L. Woodfin. \u201cA strong business community makes for a strong economy and a thriving city. I am committed to supporting the success of our business owners.\u201d<\/span><\/p><p><span style=\"font-weight: 400;\">Leadership Commitment<\/span><\/p><p><span style=\"font-weight: 400;\">\u201cMany municipalities focus on recruitment efforts but often overlook retention and expansion,\u201d noted Cornell Wesley, Director of the Department of Innovation and Economic Opportunity. \u201cRISE is a game-changing approach that ensures Birmingham businesses have the resources they need to remain and grow.\u201d<\/span><\/p><p><span style=\"font-weight: 400;\">RISE reflects the City of Birmingham\u2019s commitment to creating a sustainable and equitable environment for businesses of all sizes. With this program, Birmingham is laying the groundwork for a prosperous economic future.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e95c6aa elementor-widget elementor-widget-button\" data-id=\"e95c6aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/gcc02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fairtable.com%2FappkPlwrIOPBwh6vF%2FshrCn4p2GOSvwoZn4&#038;data=05%7C02%7CLaKeela.Lowe%40birminghamal.gov%7Cfb1d3e988ac5460d21e608dd372d4916%7C53fe4952fe904346a9f671bad788cb78%7C0%7C0%7C638727393067614362%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&#038;sdata=1JLUwPMBkvRnHaI5Fqe75XWodncIELt2zb%2BP9PKav60%3D&#038;reserved=0\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">APPLY HERE<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52b06e43 elementor-widget elementor-widget-heading\" data-id=\"52b06e43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">RISE is not currently accepting new applications. Please check back periodically for updates.\n<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>RISE: Retention Incentives for Success and Expansion The Office of Business Diversity and Opportunity (OBDO), under Birmingham&#8217;s Department of Innovation and Economic Opportunity, proudly supports RISE, an innovative initiative designed &hellip;<\/p>\n","protected":false},"author":1,"featured_media":8766,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-fullwidth-alt.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-7842","page","type-page","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/pages\/7842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/comments?post=7842"}],"version-history":[{"count":25,"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/pages\/7842\/revisions"}],"predecessor-version":[{"id":8977,"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/pages\/7842\/revisions\/8977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/media\/8766"}],"wp:attachment":[{"href":"https:\/\/d65.830.mytemp.website\/ieo\/wp-json\/wp\/v2\/media?parent=7842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}