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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:
Funding Fix: New Alabama Launchpad program seeks to pair promising early-stage companies with federal grants
Gov. Robert Bentley test drives Toyota's experimental personal vehicle, visits Japanese industry leaders
Rep. Wallace appointed to Economic Development and Tourism Committee
New office expands Raytheon's footprint in Huntsville area
High demand, ambitious production goals spur job growth at CentraLite
CACC unveils new $4 million library
This Impeccably Designed $20,000 House Could Soon Be Yours

 


Funding Fix: New Alabama Launchpad program seeks to pair promising early-stage companies with federal grants (updated)

on November 13, 2013 

MOBILE, Alabama - In an attempt to bridge a glaring funding gap common to early-stage technology companies, Alabama Launchpad will unveil an initiative in early 2014 to help entrepreneurs statewide pursue federal research grants.

 

"We need to help struggling new tech companies find the funding to get them to the commercialization stage to grow jobs and wages of Alabama companies," said Mark Weaver, director of the Melton Center for Entrepreneurship and Innovation at the University of South Alabama.

 

Weaver, who also serves as director for the recently launched Coastal Innovation Hub in Mobile, is one of eight business and research leaders across the state tapped to comprise the advisory committee for the 2014 program.

 

 more....

 

[al.com]

 

 


Gov. Robert Bentley test drives Toyota's experimental personal vehicle, visits Japanese industry leaders (photos)

on November 13, 2013 

 

 

HUNTSVILLE, Alabama-- Kicking off the second day of a week-long series of economic development meetings with Japanese leaders to talk future growth, a banner displaying U.S. and Alabama flags welcomed Gov. Robert Bentley to Toyota's global headquarters today.

 

Bentley, Alabama Secretary of Commerce Greg Canfield and the Department of Commerce's Asian business development expert, Hollie Pegg, met with high-ranking Toyota officials during the state's trade mission to Japan.

In addition to tours of Toyota's Motomachi assembly plant and automotive museum, Bentley and other state leaders witnessed some of the automaker's innovations, including an experimental personal vehicle, hybrid cars and eco-friendly design and safety advances.

 

more...

[al.com]

 

 


 Rep. Wallace appointed to Economic Development and Tourism Committee

By Staff Reports

November 13, 2013

 

Alabama Speaker of the House Mike Hubbard (R-Auburn) announced Thursday he has appointed State Rep. Kurt Wallace (R-Maplesville) to serve as a member of the House Economic Development and Tourism Committee.

 

"Rep. Wallace has already distinguished himself among freshmen members of the House, and I am proud to recognize his efforts with this committee assignment," Hubbard said in a press release. "I know that he is deeply interested in job creation, economic development and other, similar issues, so his appointment to this committee was an obvious and logical choice."

 

The House Economic Development and Tourism Committee routinely considers legislation dealing with issues like industrial recruitment, economic incentives and other job-creating initiatives, the release said.

 

more...

 

[The Clanton Advertiser]

 

 

 


New office expands Raytheon's footprint in Huntsville area

on November 13, 2013

Raytheon has opened a new office on Bob Heath Drive in Cummings Research Park.
 
Raytheon's footprint in Huntsville is growing larger.

 

On Thursday, the company opened an office on Bob Heath Drive in Cummings Research Park. The office, which will be home to some 100 employees, joins the company's office on Jan Davis Drive and its missile testing and integration facility at Redstone Arsenal.

 

"Raytheon has made an investment in Huntsville and it's only going to get bigger and better," said Kevin Byrnes, Vice President, Raytheon Huntsville.

 

more...

 

[al.com]

 

 

 


 


High demand, ambitious production goals spur job growth at CentraLite
on November 13, 2013

Mobile, Alabama -- Very few companies are in the position of CentraLite, a Mobile-based automation company, whose most lucrative products are sold by most of the large cable providers in the country.

 

Demand for their devices, which can control everything from lighting to the thermostat on the wall, has been the catalyst for success in the past two years. As home automation becomes more and more popular, the company only plans to grow faster with more hiring and rolling out an ambitious lineup of products. But the hiring, it seems, is already underway.

 

"It's because we have these new products and we are selling them in a different way," said Jimmy Busby, president and chief executive officer. "Now we have these really large customers like Comcast, Time Warner Cable and Rogers and they are putting a lot of effort into selling their automation systems."

 

more....

 

[al.com

 


  


 
CACC unveils new $4 million library
By Robert Hudson
November 13, 2013

In an event that has been years in the making, Central Alabama Community College showed off its newest addition to the community.


CACC held a grand opening for its new library Wednesday, as community members got an up-close look at the $4 million facility that replaces the old library built in the late 1960s.


Denita Pasley, head librarian for the Alexander City campus, said opening the new building is a dream come true.
"This is a fabulous building. It's just something that this area has needed for a long time, and thankfully it's come to fruition," Pasley said. "This is just a dream that I had, and tonight I'm standing in my dream, so I'm telling students everywhere dreams do come true - you just have to be patient."

 

more...

 

[Alex City Outlook]


 

 

 


  

This Impeccably Designed $20,000 House Could Soon Be Yours

Fast Company

Nov. 5, 2013   

Ask anyone at Auburn University's Rural Studio about what makes the architecture program's housing designs unique, and someone will proudly tell you about the refrigerator.

 

 "We can spend four days discussing where a refrigerator goes," explains Rural Studio's 20K House product line manager Marion McElroy. That's because, unlike other design firms, Rural Studio students have been perfecting a series of radically affordable, well-designed 550-square-foot houses for nearly a decade--and they've been building them exclusively for residents of impoverished Black Belt Alabama.

 

Now, in the program's 20th year, Rural Studio is looking to finally put its $20,000 house out on the larger market.

 

[Fastcoexist.com

 

 


 


 

 

 




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