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School:University of North Alabama

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= Engaging with Regional and Local Economic Development Effort =

As our canvas below includes, we have numerous regional and local economic development efforts around the Shoals. Several include: 

== - Alabama Launchpad ==

Alabama Launchpad helps high growth companies start, stay and grow in Alabama while supporting, advocating, and recognizing entrepreneurship statewide. Alabama Launchpad is a program of the Economic Development Partnership of Alabama.

http://alabamalaunchpad.com/

== -Shoals Entrepreneurial Center ==

We are a business incubator. That means we work with start-up and emerging companies to help them successfully launch and grow. As a business incubator, we offer shared space, equipment and resources in a controlled-overhead environment. Because those costs are controlled, start-up businesses can allocate more of their limited resources to other things that will help the business grow.

Business incubation is a proven tool for regional economic growth. Our unique cluster of commercial space, business counseling and technical assistance, and wide-ranging network of partners can provide a critical framework to help entrepreneurs meet their business goals. We continually look for opportunities to expand and strengthen our services, facilities, and other resources. Our business clients continue to expand and grow, which creates a great driver for the SEC’s work. We hope that you will find our website helpful and look forward to working with you to expand economic opportunities.

The SEC has proven to be a major part of the Shoals area economic development team. Since 1992, the SEC incubator network has incubated more than 150 businesses and created more than 1,500 jobs. A study conducted by the University of North Alabama School of Business indicates the SEC clients and graduates provide the annual following economic impact:

<li>Expenditure effect of $98 million for the Shoals Economy</li>

<li>Sales tax impact of $5.3 million</li>

<li>Alabama State Income Tax of $2.01 million</li>

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http://www.shoalsec.com/about-us/

== -College of Business ==

Innovation Engineering is a groundbreaking program that provides a systematic approach to innovation. The department has worked dilligently to provide students with a business background every opportunity for internships and research in the fields of innovation and entreprenuership.

== -Shoals Chamber of Commerce ==

Our Chamber is the organization of influence that enables Shoals area citizens to achieve a higher standard of living and a better quality of life through the economic successes of its members. As a Chamber member, you will be associated with more than 1,000 other Shoals Area businesses employing more than 45,000 people. The Shoals Chamber is one of the TOP 10 largest Chambers of Commerce in Alabama. The majority of our membership is small business with approximately 90% having 50 or fewer employees - and nearly 67% with 15 employees or less. General direction and policy are set by a 31 member Board of Directors elected by, and responsible to, the membership. Day-to-day operations are carried out by a full-time staff of professionals. They coordinate the efforts of the many volunteer workers within the the Chamber. The volunteer members work through numerous committees in these major departments: Education and Workforce Readiness, Business Growth, Entrepreneurship and Innovation, Public Policy, Advocacy and Activism and Investor Relations and Marketing.

http://www.shoalschamber.com

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= Landscape Canvas =

[https://docs.google.com/spreadsheets/d/1A05FO9UYfI_I4n4rTW5I8IU7LIq-X3QXPkEChxm-5qo/edit#gid=1 https://docs.google.com/spreadsheets/d/1A05FO9UYfI_I4n4rTW5I8IU7LIq-X3QXPkEChxm-5qo/edit#gid=1]

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