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:
Want to raise capital? Here's some advice from EDPA execs
New Montgomery job training center to provide workers new skills in manufacturing, IT
Chamber launches campaign
Northeast Alabama leaders preparing for free 'Made in DeKalb' expo
Interested in applying for the next round of Alabama Launchpad's Start-Up Competition? Register now for a free "Learn How to Apply Seminar" on Tuesday

 


Want to raise capital? Here's some advice from EDPA execs
Alan Alexander Reporter-Birmingham Business Journal
Oct. 24, 2014

The Economic Development Partnership of Alabama has awarded more than $1.3 million in funding to entrepreneurs and startups through its Alabama Launchpad project.

 

The majority of that funding comes via the Launchpad's startups competition, which began in 2006 and recently wrapped up its latest round by awarding five startups a share of $250,000.

 

But for the entrepreneurs not able to make it on stage and give their pitch for a chance at the startup capital, EDPA President Bill Taylor and Vice President Angela Wier have some advice on the best ways to attain that financing.

 

Wier: Young entrepreneurs need to have a market they're working on or a problem they're solving. We see a lot of companies come through our process that are struggling to understand the markets and things like having already talked to a customer or having some understanding of who's going to buy their product is really important.



more...

 


New Montgomery job training center to provide workers new skills in manufacturing, IT
on October 24, 2014 

MONTGOMERY, Alabama -- The city of Montgomery is the home of a new job training center through a partnership with the Alabama's Workforce Development Agency, the Chamber of Commerce announced.

 

Training will be high individualized and customized but focused on manufacturing and IT to meet the immediate needs of industry, according to the Montgomery Area Chamber of Commerce.

 

Some of the courses will award certificates, but all will give graduates skills to immediately enter the workplace. 

 

Training sessions have already begun at Montgomery Chamber Small Business Resource Center, but a permanent location for the training center hasn't been determined.


more...

[al.com]

 

  


Chamber launches campaign

By Robert Palmer Staff Writer |  

 October 25, 2014 

 

The Shoals Chamber of Commerce is tooling up a five-year campaign to not only help local businesses stay competitive and find qualified employees, but to attract wider attention from outside the region.


 

The campaign, The Rhythm of Commerce, Turn It Up, is being funding largely by member businesses, but local governments are being asked to help, too. So far, Florence has committed $150,000 during the five years.


 

"The future tactic is to recruit corporate headquarters and research and development teams - decision-making jobs to our area," said Florence businessman Marty Abroms, a member of the chamber's board of directors and the University of North Alabama board of trustees.

 

more...

 

[Times Daily]

 

 

  


 

Northeast Alabama leaders preparing for free 'Made in DeKalb' expo
on October 27, 2014

FORT PAYNE, Alabama - DeKalb County will host its third-annual "Made in DeKalb" expo Thursday to stress the importance of supporting locally-owned businesses in northeast Alabama.

 

The free event will be open to participating businesses from 8 a.m. to 5 p.m. and to the public from 2-5 p.m. at the Northeast Alabama Agri-Business Center on 1571 McCurdy Ave. in Rainsville.

 

The expo will feature a variety of industries, including manufacturing, transportation/warehousing/distribution/logistics, engineering/industrial, commercial construction, education, healthcare and tourism/hospitality.

 

more...

 

[al.com]

 

  


 

 Interested in applying for the next round of Alabama Launchpad's Start-Up Competition? Register now for a free "Learn How to Apply Webinar" on Tuesday

The webinar is Tuesday, Oct. 28 from 2 p.m. to 3 p.m. Register today!

Interested start-up teams must submit an application and a $150 non-refundable application fee before midnight Nov. 16. Teams selected to compete in this new round will be announced on Dec. 12.

 

Teams will compete for a share of up to $250,000 in funding.

 

Alabama Launchpad, a program of the Economic Development Partnership of Alabama, is open to any Alabama startup that meets eligibility requirements. For more details, please visit www.alabamalaunchpad.com.

 

 We could help launch your startup!  

 





 

 




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