Posted January 05, 2021
An Alabama economic development group is partnering with an institution at Stanford University in California.
The aim is to promote economic growth and business innovation in Alabama.
The Alabama Innovation Commission recently announced the partnership with the Hoover Institution at Stanford, The Tuscaloosa News reported.
The two groups intend to incorporate intellectual resources into recommendations for practical and timely applications.
A key goal of the partnership between the Alabama group, also known as Innovate Alabama, and the Hoover Institution will be recruitment and retention of companies and jobs, the newspaper reported. Another goal: Developing innovation hubs and marketing of startup companies.