EDPA NewsFlash

 

home       about edpa        relocation     resources for     resources for     entrepreneurship &
                                          assistance     companies        communities            technology    

 

 

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:
Alabama Launchpad nabs $91,000 in federal grants to boost high-tech entrepreneurial activity
Global automotive supplier celebrates opening of Montgomery warehouse facility; hires 30 workers
Alabama delegation builds connections at 2014 BIO International Convention
Dothan by Design relaunched, renamed
Oxford enjoys official acceptance into Main Street Alabama program
Tuscaloosa workshop set for July 15 to help small businesses get federal funding for high-tech, innovative projects

 


 Alabama Launchpad nabs $91,000 in federal grants to boost high-tech entrepreneurial activity

on June 26, 2014 
 

BIRMINGHAM, Alabama - Alabama's entrepreneurial community received a $91,000 boost Thursday when theEconomic Development Partnership of Alabama Foundation was one of 22 entities nationwide tapped to receive federal grant funding.

 

The Birmimgham-based foundation, which created the Alabama Launchpad Start-up Competition, will use the U.S. Small Business Administration dollars to help Alabama entrepreneurs statewide gain federal funding to turn their innovative ideas into commercial products. The pre-seed funding competition has distributed more than $1.3 million to more than 30 companies since its founding in 2006.

 

In all, the SBA selected 22 state and local economic development agencies, business development centers, colleges and universities to receive Federal and State Technology, or FAST, partnership program grants totaling $2 million. The FAST Program is designed to stimulate economic development among small, high-technology businesses through federally-funded innovation and research development programs such as theSmall Business Innovation Research and Small Business Technology Transfer programs.

 

more...

 

[al.com]

 


Global automotive supplier celebrates opening of Montgomery warehouse facility; hires 30 workers
on June 26, 2014

MONTGOMERY, Alabama -- DENSO, a global automotive supplier, celebrated the grand opening of its 103,000-square-foot warehouse facility in Montgomery today.

 

"Since announcing our Alabama expansion plans in October, we have worked closely with the Montgomery community to revitalize the Smothers Road building into a world-class DENSO facility," Mike Bowman, DMMI-AL plant director, said. "Montgomery has been a great partner, and we are thrilled to have hired 30 people on the way to our goal of 45 new DENSO jobs here in Alabama."

 

DENSO's expansion into Montgomery represents a $2.2 million investment in new equipment, personal property, setup and training, and part of the company's plan to invest nearly $1 billion in North America in a four-year period.


more...

 


 

Alabama delegation builds connections at 2014 BIO International Convention

 June 27, 2014

 

SAN DIEGO, California - An Alabama delegation comprised of biotechnology companies, research organizations and economic developers showcased the state's capabilities at the 2014 BIO International Convention as part of an effort to create opportunities and expand the sector.

 

Over three days at global trade show, the Alabama team, led by the state Department of Commerce, participated in rounds of meetings with potential biotech partners and prospects, staged presentations and worked to expand relationships within the industry. 

 

Dr. Art Tipton of Southern Research, Joseph Burchfield of the Alabama Department of Commerce and Carter Wells of HudsonAlpha were part of the Alabama delegation at the 2014 BIO International Convention.

 

Art Tipton, chief executive officer of Birmingham's Southern Research Institute, said the BIO conference represents the best way to connect with potential business partners for his organization's robust drug discovery activities. Southern Research also used this year's conference to publicly launch its new pharmaceutical consulting business segment.

 

more...

 

[madeinalabama.com]

 

 

 

 

 

 


 Dothan by Design relaunched, renamed

By Jennifer Calhoun

June 26, 2014 


An organization that helps bring business to the region got a boost Thursday after receiving a check for $15,000 from Southeast Alabama Gas District.

 

Grow Dothan, the new name for the economic development fundraising arm of the Dothan Area Chamber of Commerce, is a public-private partnership that will help existing businesses, recruit new businesses and develop programs that allow local companies to compete in the marketplace.

 

Formerly known as Dothan by Design, the organization went dormant for a few years as funding dried up, said Chairman Mark Saliba.


 more...

[Dothan Eagle]

 

 


 Oxford enjoys official acceptance into Main Street Alabama program

OXFORD - The steps in front of Oxford's performing arts center was a fitting setting to officially announce the city's participation in a program meant to spur downtown revitalization.

 

City officials and residents stood outside the multi-million dollar center Thursday, which opened in May 2013, to mark Oxford's selection as a Main Street Alabama city.

 

All along Choccolocco Street in front of the center people milled around tables filled with fresh fruits and vegetables at the city's farmers market.

 

Oxford's selection as a Main Street Alabama city was announced June 2, but Thursday's event was a chance for officials with the national program to meet with press and the public.


more...

 

[Anniston Star

 

 

 


  

Tuscaloosa workshop set for July 15 to help small businesses get federal funding for high-tech, innovative projects

 

 

 

 

 

 




Please feel free to forward along to someone who can use it by clicking on the "I'd like to forward this to a contact" link below the green bar. Note also, that you can now make changes to your e-mail address and contact information through the link at the bottom.    
 
If you have news or suggestions, please forward them along to me.
 
Enjoy the day, 

Val Walton
   
Join Our Mailing List