Innovate Alabama
Innovate Alabama, formally the Alabama Innovation Corporation, is a public-private partnership created in 2021 with a stated mission of "partnering with the private sector, state agencies, and state policymakers to develop and implement programs and policies that will lead to a more robust and inclusive economy for this state," with the goal of making Alabama "a hub for technology, innovation, and entrepreneurship."
The corporation is led by five public officials and six members of the private sector appointed by the governor. Its offices are shared with the Economic Development Partnership of Alabama in the Bakers Row building at 1320 1st Avenue South in Birmingham's Parkside District.
The establishment of the corporation was the subject of the Alabama Innovation Commission (AIC), which was convened by Governor Kay Ivey in 2020. The Commission, in turn, partnered with the Hoover Institution at Stanford University to engage college students to help evaluate Alabama's potential in three areas related to economic development policies. These included business recruitment and incentives; engagement with public universities; and development of outdoor recreation on the Cumberland Plateau to attract high-skill workers.
Chief executives
- Cynthia Crutchfield, 2021–
References
- Leech, Marie (April 11, 2024) "Five businesses to relocate to state after receiving Innovate Alabama grant." Birmingham Business Journal
External links
- Innovate Alabama website
- "Alabama Innovation Commission" report (October 2021)