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Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development.  If you enjoy NewsFlash, thank an EDPA Partner

 

In this issue:
Regions Financial Names Manager for Economic Development Initiatives
Nonprofit: UAB among top schools for women in STEM fields
CFD Research Corporation in Huntsville developing paper-based Bio-Battery technology with Air Force
Lawson State part of alliance funded by $3.4M NSF grant.
Mobile Works' money management program secures $10,000 boost

 


 

Regions Financial Names Manager for Economic Development Initiatives 

October 8, 2013

 

Regions Financial (NYSE:RF) has named Jeff Rabren to manage economic development initiatives for the company. Rabren's initial focus will be on programs that encourage capital investment and job creation in Regions' headquarters state of Alabama.

 

Rabren joined Regions in 2010 to manage state government affairs. In his expanded role as senior vice president, State Government Affairs and Economic Development, he will coordinate the company's economic development initiatives as the liaison to public, private and non-profit economic development agencies.

 

"Jeff's experience working with state and local governments and the non-profit sector make him ideally suited to forge stronger connections between our bankers and the economic development community," said John Turner, South Region president for Regions Bank. "Every day our bankers work with companies large and small to provide both the capital and financial guidance needed to strengthen and expand their operations. When the public sector and private companies work together to generate sustainable economic growth and create jobs, we all win."

 

Earlier this year, Regions established a $1 billion loan pool to provide economic development capital and spur business growth in Alabama. Rabren's appointment strengthens Regions' commitment to supporting economic development through community involvement, lending, and support for the recruitment and retention of industry.


more...

 

[online.wsj.com]

 

 

 

 

 


 

 

Nonprofit: UAB among top schools for women in STEM fields
Yann Ranaivo Reporter-Birmingham Business Journal
Oct. 7, 2013

The University of Alabama at Birminghambeen recognized for its high-level enrollment and graduation rate of women in science, technology, engineering and math programs.

UAB said Monday that The College Database, a nonprofit resource for college-related data and rankings, named the Birmingham university as one of the 50 Colleges Advancing Women in STEM.

 

"UAB's STEM programs are consistently recognized for excellence, and we are honored that our commitment to fostering participating from outstanding female students and graduates has received this recognition," said UAB Provost Linda Lucas. "Encouraging women in these vital areas will remain a priority of for us."

 

more...

 

[Birmingham Business Journal]

 


 

CFD Research Corporation in Huntsville developing paper-based Bio-Battery technology with Air Force research labs 
on October 07, 2013 

HUNTSVILLE, Alabama - Huntsville's CFD Research Corporation was recently awarded a $750,000 Air Force research contract to further develop its patented paper-based Bio-Battery (TM) technology, which has been featured onBloomberg TV, in Economist magazine and at TEDx-Huntsville.

 

The Bio-Battery, a power source developed since 2004 through federal contracts and industrial collaborations, uses enzymes as a catalyst to convert sugars into electrical energy. A nanocomposite anode, the heart of the Bio-Battery (TM) device, is full of enzymes that oxidize glucose and other sugars to release electrons and generate energy.

 

Officials say efforts will continue to grow the platform to provide more diverse fuel choices and develop a paper-based passive fuel-pumping system.

 

Headquartered in Huntsville and founded in 1987, CFD Research Corporation was recently able to demonstrate a multi-enzymatic electrode that can selectively oxidize sugars or alcohol. The company, which operated on Wynn Drive since 1996 and at HudsonAlpha since 2008, also relocated this month to a new building along McMillian Park at the HudsonAlpha Institute for Biotechnology.


 

more...

 

[al.com]

 


 

Lawson State part of alliance funded by $3.4M NSF grant
Yann Ranaivo Reporter-Birmingham Business Journal
October 7, 2013

Lawson State Community College is part of an alliance that received $3.4 million from the National Science Foundation to support under-represented students in science, technology, engineering and math.

 

A news release from Atlanta-based Clark Atlanta University said CAU received the NSF grant last month to implement and lead a network of schools called the Georgia-Alabama Louis Stokes Alliance for Minority Participation. 

 

Birmingham-based Lawson State is among the nine schools in the alliance.

 

more...

 

[Birmingham Business Journal]  

 

 


 

Mobile Works' money management program secures $10,000 boost

on October 08, 2013
 

MOBILE, Alabama - Mobile Works Inc. can continue to provide financial literacy services to its clients thanks to a $10,000 PNC Foundation grant.

 

Mobile Works President Sydney Raine said success is not necessarily measured by how much money one makes, but in how effectively those finances are managed.

 

"It's important for job seekers and the community to take a proactive approach to understanding basic finances. Educating ourselves with the right information can significantly improve the quality of our lives," Raine said.

 

Mobile Works pairs employers seeking qualified workers with prospects and training programs.


 more...

 

[al.com]

 

 

 

 

 

 

 

 

 

 

 

  




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