EDPA NewsFlash

 

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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:
Nominations sought for statewide innovation awards
Jack Daniel's Cooperage whiskey barrel-making plant to open next week in Trinity
Report: Alabama small businesses have received $29 million bump since 2011 via federal credit initiative
Huntsville mayor makes Wiregrass visit
New TechBirmingham program aims to boost women in tech field, help nonprofits
Kaiser Aircraft's 1.7 million-square-foot facility, 180 acres at the Birmingham airport on the market
Tourists without borders:Businesses leaders encouraged to work across counties, state lines to attract visitors

 


 

 Nominations sought for statewide innovation awards

on July 02, 2014
 

BIRMINGHAM, Alabama -- The Economic Development Partnership of Alabama is looking to recognize the state's outstanding innovations at an entrepreneurship conference to be held in Birmingham later this year.

 

The group is seeking nominations for the Alabama Launchpad Innovation Awards, which will be presented at the Fourth Annual Alabama Launchpad Innovation and Entrepreneurship Conference on Sept. 25 and 26.

 

Innovation is a key component of Accelerate Alabama, the state's strategic economic development plan, and deserves recognition, said Angela Wier, EDPA vice president.

 

"These awards are the only ones of their kind for Alabama as a whole and aim to celebrate excellence, while showcasing the innovation and entrepreneurial spirit within Alabama's businesses, industries and universities," Wier said in a statement. "Innovation is key to fostering a thriving business and research community and vital to diversifying the state's economy."

 

more....

[al.com]

 

 

 


 

 Jack Daniel's Cooperage whiskey barrel-making plant to open next week in Trinity

on July 02, 2014 

TRINITY, Alabama - It's been a challenging year for Lawrence County on the economic development front, but state and local leaders will gather in the nearby town of Trinity next week to celebrate the launch of one of the area's newest companies.

 

Jack Daniel's Cooperage, a $60 million white oak barrel making plant that will employ more than 200 workers, will host a grand opening at 10 a.m. Monday in Mallard Fox West Industrial Complex south of Alabama 20.

 

Gov. Robert Bentley, Alabama Department of Commerce Secretary Greg Canfield, Lawrence County Industrial Development Board Executive Director Tony Stockton and Jack Daniel's officials are expected to attend.


more...

 

[al.com]

 

 

 


Report: Alabama small businesses have received $29 million bump since 2011 via federal credit initiative

on July 02, 2014
 

Calling Alabama a leader in deploying funds to local lenders and small businesses, the U.S. Treasury Department's State Small Business Credit Initiative revealed Tuesday the state has distributed nearly $29 million to spur small businesses growth since 2011.

 

"Small businesses are at the forefront of the nation's economic recovery, and the State Small Business Credit Initiative provides entrepreneurs and small business owners with access to the resources they need to grow and create jobs," Sarah Bloom Raskin, the U.S. Treasury Department's deputy secretary, said in a prepared statement that highlighted the initiative's most recent quarterly report.

 

According to the latest figures, Alabama has deployed 92 percent of its total $31.3 million SSBCI funds through the Alabama Department of Economic and Community Affairs. Since joining the program in 2011, the statewide agency has used the funds to support 112 loans to a variety of businesses as of Dec. 31, 2013.

 

ADECA Director Jim Byard Jr. called small businesses a "vital part of Alabama's economy."

 

more...

 

[al.com]

 

 


 

Huntsville mayor makes Wiregrass visit

by Lance Griffin

July 2, 2014 

 

Huntsville's mayor is hoping an exchange of ideas and resources with cities such as Dothan can benefit both communities and spur economic development in the wake of diminished state and federal resources.

 

Tommy Battle met with Dothan Mayor Mike Schmitz this week to talk about the possibilities.

 

Battle, now in his second term, has had informal meetings with several mayors throughout Alabama recently.

"I decided 'Let's go out and make new friends'," Battle said. "I believe there are places where we can learn from each other."

 

more....

 

[Dothan Eagle]

 

 


 


New TechBirmingham program aims to boost women in tech field, help nonprofits
By Alan Alexander Reporter-Birmingham Business Journal

A new program by TechBirmingham is seeking to not only help nonprofits solve their technical challenges, but also help boost interest in tech careers among high school girls.

 

The Birmingham Women in Technology's Connect With Tech project will pair nonprofits with a female technical professional and a high school girl who is participating in her school's Science, Technology, Engineering and Math program.

 

Nonprofits for this year's program will be the Greater Birmingham Humane Society, The Young Women's Christian Association and Childcare Resources.

 

more...

 

[Birmingham Business Journal]

 


Kaiser Aircraft's 1.7 million-square-foot facility, 180 acres at the Birmingham airport on the market


BIRMINGHAM, Alabama - The massive Kaiser Aircraft Industries facility next to the Birmingham-Shuttlesworth International Airport has been put up for lease and economic developers are hopeful they can land an Airbus supplier or other major project there.

 

Graham & Co. has been hired to market and lease the 1.7 million-square-foot facility and its 180 acres with direct runway access at the airport.

 

The 1.2 million-square-foot primary hangar has 10 pull-through bays with 160-foot wide, 725-foot deep dimensions and 40-foot clear ceiling heights. As many as 42 737- to 800-type aircraft can fit under roof.

 

more....

 

[al.com]

 

 


 


Tourists without borders:Businesses leaders encouraged to work across counties, state lines to attract visitors
July 1, 2014 

OXFORD - Mary Patchunka-Smith wants local businesses to forget about lines on the map.

 

After all, she said Tuesday, their customers don't pay attention to them.

 

Speaking Tuesday at a tourism summit at the Oxford Performing Arts Center, Patchunka-Smith, chairwoman of the Visit Calhoun County tourism campaign of the Calhoun County Chamber of Commerce, unveiled the chamber's participation in Tour East Alabama, a nine-county effort to highlight regional destinations.

 

"Tourists don't care about city limits and county lines," Patchunka-Smith said. "It's up to us to show them a good time and make them want to visit."


more...

 

[Annistor Star]

 

 

[TV24.tv]




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