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The world’s largest peanut production town (Dothan) and its world-famous peanut festival may dominate your ideas of Alabama’s biggest businesses, but there are other important industries in this growing state. The state welcomed Toyota and Mazda to Huntsville with a new joint manufacturing plant that produced 4,000 new jobs for Alabamans.
Aside from Toyota and Mazda, GE recently expanded its manufacturing in Alabama. BlueOrigin and Leonardo, prominent aerospace companies, will also produce equipment in Alabama.
More than 20% of the state’s jobs come from its rich soil producing cotton, soybeans, poultry, eggs, catfish, and yes, peanuts.
Alabama boasts the second-largest science and technology park in the US, supporting titans like Southern Research, which develops pharmaceuticals, and HudsonAlpha, a leader in mapping the human genome.
The Gulf Coast supports 25 chemical companies like Dupont, Bayer, and 3M.
This Tuscaloosa incubator is connected to the University of Alabama and is particularly interested in nurturing tech and intellectual property startups into industry leaders.
Supporting Birmingham and biology/life science startups in conjunction with the University of Birmingham, Innovation Depot supports more than 110 member companies and boasts an 88% 5-year post-incubator survival rate.
By Mobile’s famous port, you’ll find the Innovation Portal works to offer programs, space, and seed funding to southern Alabama’s startups leaders. Resources they provide include mentoring, programming, and networking events.
This program offers work spaces and mentoring to startups in the light industrial, manufacturing, or information technology industries. There are workshops and help preparing business plans, loan paperwork, and industry research.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry