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    Date submitted
  • 07-Sep-2017

Innovation Depot

Abstract

Innovation Depot is a 501(c)3 not-for-profit economic development organization that was founded in 1987 through public-private partnership and serves as the epicenter for technology, startups, and entrepreneurs in the greater Birmingham, Alabama region. Through its core programs - incubation, acceleration, and education - Innovation Depot has worked to grow economic impact and job creation in the region by providing entrepreneurial support and workforce development services to emerging technology, business service, financial technology, health, and life science businesses. Along with its incubation program, Innovation Depot also offers a 12-week start-up accelerator program, a collaborative coworking program, and several technology education courses. At the end of 2016, Innovation Depot housed 102 companies with 870 employees in its 140,000 square foot building. Innovation Depot is Birmingham’s epicenter for entrepreneurship and an anchor for the City’s Innovation District.

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