PHENIX CITY, Ala.- Governor Robert Bentley was in Phenix City today to get a look at how the city is striving to grow.
He also took some time to meet with local entrepreneurs who are trying to get new businesses up and running.
News three was the only media outlet invited to sit in on a private meeting with the Governor.
Governor Robert Bentley met with Mayor Eddie Lowe to discuss the ongoing projects to improve Phenix City.
This was Governor Bentley’s first stop on his trip.
After that private meeting, the Governor met with members of the Rivercity Foundry Start-up Accelerator a program designed to build up small businesses.
Governor Bentley says the accelerated Alabama plan was created five years ago.
Bentley said, “Those ideas develop into products and then they develop into businesses and then they inspire people. That’s how new businesses develop. In fact almost every large business in the United States started as a small business.”
Gregory Hill, a Mentor for entrepreneurs, says it’s important to support local business owners because it spurs economic growth.
“It’s kind of like compounding interest, when you empower somebody else to apply their talent and give them opportunities that they may not have been able to have, it allows them to apply that talent to their own ambitions and pursuits. It then stems out to other startups and other ideas,” said Hill.
Governor Bentley says there’s funding available for startups amd one source is Angel Investors.
Bentley said, “The other one that we have I put in the education trust fund it’s called an innovation fund and it’s matched dollar for dollar to help this type of innovation depot development of this foundry.”
Bentley says he was impressed by what he saw in Phenix City.
“All the natural resources like our rapids out here and all the things that are taking place in the city and the development downtown it’s just a city that’s on the move and I’m proud to be here today,” said Bentley.
After Mayor Lowe and Governor Bentley met with the Rivercity Foundry, they attended a private lunch with local entrepreneurs who discussed their success stories as well as plans for future growth.