Our Support Partners
Local, State and Government Support
The institute partners with local, state and national economic developers and government agencies to support the development of HudsonAlpha’s biotech campus as a premium life sciences destination. In addition to fostering bio-entrepreneurship, the Institute works with partners to strengthen policies and incentives for life science industry recruitment. Collectively, HudsonAlpha’s strategic partners help to promote the growth of a synergistic cluster of biotechnology talent, including both science and business professionals. HudsonAlpha has established credibility with many of these partners since the Institute’s founding in 2008, including:
- Government organizations and officials
- Economic development groups
- Site Selection consultants
Alabama Department of Commerce
The State of Alabama offers a low general sales tax rate and a low corporate income tax rate. In addition, Alabama’s tax structure and statutory incentives provide a clear advantage for companies looking to grow in a business-friendly environment with a highly skilled workforce.
The City of Huntsville’s Economic Development role is to stimulate economic growth for Huntsville’s citizens, and to provide resources for companies looking to relocate to North Alabama.
University of Alabama, Huntsville
The HudsonAlpha/UAH collaboration strengthens the business skills of science sector start-ups while providing UAH College of Business students with an enhanced educational experience in the life science industry.
Madison County is one of the state’s most populated counties, and boasts the second-highest per capita income. Located in the heart of the Tennessee Valley, Madison County offers opportunities for a growing number of industries, from biotech to aerospace.
U.S. News & World Report cited Madison, Alabama as one of the “Top 10 places to grow up.” Madison is known for its high quality schools, highly-educated occupants and high-tech companies, along with a cost of living 2.10% lower than the U.S. average.
Economic Development Partnership of Alabama
EDPA’s primary focus is to help Alabama attract and retain industry. EDPA fills a critical role in business attraction by marketing and promoting Alabama as a business location and providing information analysis and fact-based proposals to interested site selectors.
North Alabama International Trade Association
North Alabama International Trade Association, NAITA is a business-driven non-profit organization with the mission to promote economic growth through international trade education, training and networking.
North Alabama Industrial Development Association
The North Alabama Industrial Development Association (NAIDA) is an economic development organization that assists companies and site selection consultants with identifying available industrial property or office space in the Southeast.
Chamber of Commerce of Huntsville/Madison County
The mission of the Chamber of Commerce of Huntsville/Madison County is to prepare, develop and promote the community for economic growth. The Chamber assists with locating and growing businesses by serving as a one-stop-shop for information on tax abatements, tax credits, and other grants and incentive programs for new or expanding businesses.
Power service in Huntsville and the surrounding seven-state region is provided by TVA, the largest government-owned power provider in the U.S. Additionally, TVA invests in communities and businesses to foster job growth and retention with financial and technical assistance, economic development incentives, and a multi-million dollar revolving loan program, designed to stimulate investment and job creation in the TVA region.
