State Farm Grant for Community Economic Development Program

State Farm Grant for Community Economic Development Program

Funder: State Farm

Grant Recipient: Hispanic and Immigrant Center of Alabama (¡HICA!)

Award Date: February 18, 2025

Award Status: Continued/Renewed support (indicates ongoing relationship)

Geographic Scope: Alabama, United States

Focus Areas:

Community Economic Development

Financial literacy education

Small business coaching and development

Access to capital initiatives

Financial stability and empowerment for families and small businesses

Target Population:

Latino and immigrant families

Small business owners and entrepreneurs

Low-to-moderate income individuals

Use of Funds:
The grant directly supports:

One-on-one financial coaching

Small business development programs

Educational workshops

Helping individuals navigate financial systems

Supporting business growth initiatives

Expanding financial literacy workshops

Building access to capital

Program Alignment:
Reinforces shared commitment to empowering families and small businesses across Alabama. Enables ¡HICA! to strengthen efforts in economic empowerment and ensure financial security in communities.

Organization Background:

Founded in 1999

Community development and advocacy organization

Champions economic equality, civic engagement, and social justice

Serves Latino and immigrant families in Alabama

Contact Information:
Silvia Espinosa Laxson, Director of Development and Communications

Email: sespinosa@hicaalabama.org

Phone: 205.942.5505

Program Information:
https://hicaalabama.org/en/community-and-economic-development