Already home to a cluster of growing and evolving software development firms, information technology companies and small internet-based companies, Baldwin County now has a place for innovative tech companies to connect and advance their ideas with resources from a four-year college or university.
The Baldwin Community and Economic Development Foundation recently partnered with The University of Alabama and the City of Fairhope to bring the first incubator in The University of Alabama’s Technology Village program to life in Baldwin County. The program’s focus is to assist communities in developing and operating technology-based entrepreneurial centers.
With this partnership comes Hatch, a business resource hub for tech entrepreneurs in Baldwin County. The Technology Village program’s mission is to encourage growth of local entrepreneurial culture while providing guidance and links to statewide resources for startup businesses.
Hatch will provide a space for entrepreneurs and independent thinkers to gather and begin developing their ideas, products and companies. Designed to support new technology company formation and development, Hatch will create, accelerate, expand and incubate jobs for Baldwin County.
The Technology Village concept is based on a similar program created by Clemson University under its Institute of Community and Economic Development. Technology Village programs in Bluffton, South Carolina, and Rock Hill, South Carolina, created an estimated 12 to 14 companies in the first 18 months of operation and close to 70 news jobs with an estimated payroll of $2.8 million.
Growing entrepreneurial companies have always been a part of our strategy at Baldwin County EDA. Hatch now provides the hub to implement and deliver on that strategy. Because of its channeled focus and our partnership with the University of Alabama, Hatch will be able to leverage the resources of a world-class university and link innovators to services, financing, mentorship, corporate relationships and more.
We look forward to seeing Hatch help turn the visions of our area’s tech entrepreneurs into a reality. To learn more about Hatch, click here to request more information or contact Lee Lawson at email@example.com or 251.970.4083.