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:

From ship building to custom-designed control panels, manufacturer of the year named
on April 12, 2016 

One company employs just 20 people but it is in a second century of operation in Baldwin County.

A second company employs 185 workers and is 36 years old and calls Hoover home.

A third company employs over 4,000 workers on the Alabama Gulf Coast and is still relatively new to Mobile.


UAB biotech spin-off gets $1 million NIH grant
on April 12, 2016

UAB Biotech spinoff Endomimetics has been awarded a $1 million grant from the National Institutes of Health to advance its heart technology. 

Endomimetics makes a device that can coat stents, which are used to open blocked arteries, repair torn vessels and keep passages from swelling shut after surgery. 

the grant will allow the company to continue evaluating the device for brain aneurysm coils and dialysis fistulas.


College Management Reformation
April 2016

Mark Heinrich, who has been the chancellor of the Alabama Community College System since 2012, this year began one of his toughest tasks.

 He is overseeing consolidation of the administration of the system - a network of 26 two-year colleges with deep political ties and community connections. 

In April 2015, the Legislature moved oversight of the Community College System from the state's elected Board of Education to a new, appointed board - the Alabama Community College System Board of Trustees. 


Alabama's incubators and accelerators are featured on AdvantageAlabama 

Incubators and accelerators offer great ways to grow early stage startups in Alabama. They are organizations to nurture and assist small startup enterprises by providing them with different services the early starts are too new, inexperienced or cash-strapped to acquire on their own. 

Alabama is home to more than 20 incubators and accelerators, assisting in creating long-lasting jobs for their host communities.

Incubators and accelerators across the state are profiled on AdvantageAlabama, the one-of-a-kind selection tool developed for site selectors, industry and entrepreneurs linked to the Economic Development Partnership of Alabama website.

We will highlight the incubators and accelerators that benefit Alabama communities and drive economic growth.  You can check out their profiles under the Incubators tab on AdvantageAlabama.

Profiles of Alabama's incubators are available for review on the AdvantageAlabama database. 

   Panel Discussion on Information Technology and Workforce Development set for April 19 in Birmingham

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