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:
Governor awards $87,230 grant for mobile career center
UAH and city sign cooperative energy agreement
Cover Story: 2014 Business Facilities Rankings Report
Economy adds 209,000 jobs in July; unemployment rate edges up to 6.2 percent
The nomination period for the 2014 Alabama Launchpad Innovation Awards has ended


Governor awards $87,230 grant for mobile career center

 August 1, 2014 


Gov. Robert Bentley has awarded an $87,230 grant to continue the operations of the state's mobile career center, a vehicle that travels across the state to serve residents who are out of work.


The grant to Southern Union State Community College will provide staff to drive and set up the mobile career center as necessary at sites of natural disasters, mass employee layoffs, plant closings, job fairs and other events.


"The mobile career center allows us to bring immediate on-site assistance to Alabamians who have been laid-off," Governor Robert Bentley said. "Alabama has a strong work force, and this center helps workers with training to find new employment."




[Cherokee County Herald]







UAH and city sign cooperative energy agreement

HUNTSVILLE, Ala (WHNT) -  A new agreement between the University of Alabama in Huntsville and the city is expected to bring in new jobs. It's all about strengthening Huntsville's energy base.


Huntsville mayor Tommy Battle and UAH president Robert Altenkirch signed on the dotted line to bring the city's Energy Huntsville initiative and academia together. It's all part of a plan to make Huntsville a better energy hub for new industries.


"What we're really doing is supporting the mayor's economic development initiative to create a basis for energy to be key to this area," said Jay Newkirk, the executive director of Energy Huntsville. The university provides engineering talent and resources that will help move industries to the energy sector.


"We're always interested in partnering with industry and governmental entities. We use that as leverage, we all bring expertise to the table," said Altenkirch. Above all, the agreement is set to brand Huntsville and bring in companies and opportunity.









Cover Story: 2014 Business Facilities Rankings Report
By Business Facilities Staff 

From the July/August 2014 issue 


With this issue, Business Facilities' annual Rankings Report marks an important milestone: It seems like only yesterday that we began our yearly tradition of separating who's on top from who's not, but this is is our 10th annual Rankings Report. After all of the hard times we've all been through together in recent years, we're very pleased that we're still here to deliver this to you and you're still here to read it.


The past 10 years have been a roller-coaster ride that carried all of us to the top of an unsustainable boom and then left us hanging on for dear life when the bottom dropped out-and a seemingly endless free-fall began. We're happy to report that most of us survived the landing. After numerous twists and turns-and more than a few jarring dips (some unexpected, others caused by a feckless Congress throwing obstacles on the rails)-most locations are safely back on track and climbing again.


The rapidly evolving economic development landscape forced us to be as agile as an Olympic gymnast in adjusting our rankings criteria (and categories) to reflect the "new normal" we've all been confronting in recent years.




[Business Facilities



Economy adds 209,000 jobs in July; unemployment rate edges up to 6.2 percent
 August 1

For six straight months, the U.S. economy has added more than 200,000 jobs, according to government data released Friday morning, the longest streak since the mid-'90s.


The Labor Department reported 209,000 net new jobs were created in July, though the unemployment rate edged up slightly to 6.2 percent as more workers joined the labor force. The report was the latest in a string of upbeat data suggesting the country's economic recovery has shifted into the next gear.


Industries with the strongest hiring were professional and business services, as well as manufacturing and construction. That dovetailed with a private estimate of job growth earlier this week indicating broad-based improvement in the labor market. That analysis, by human resources firm ADP, showed both larger corporations and smaller businesses were adding workers.



[Washington Post]




The nomination period for the 2014 Alabama Launchpad Innovation Awards has ended. Thank you for your interest and for nominations submitted!


Innovation Award winners will be announced and honored on Sept. 25 and recognized by Alabama Gov. Robert Bentley on Sept. 26 at the 4th Annual Innovation and Entrepreneurship Conference in Birmingham.

Learn more about Alabama Launchpad's annual conference by viewing the full conference agenda  

Register today 

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Val Walton
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