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The fastest growing economy in the country is right here in the Southeast—and Alabama is centrally located for success.

Rich with history and full of excitement and innovation. We in Alabama are celebrating both our past and our future. We have a geography that spans all different sorts—one of the most varied in the nation, in fact. From mountains and valleys to beaches and riverbanks, there’s a wealth of natural beauty on display when you need to get away.

Offering the perfect combination of leisure and convenience, living here can feel more like vacation than everyday life. Feeling adventurous? Go on a morning hike or spend the day at a golf course, all without venturing too far from home. Nationally-renowned health centers and doctors, sprawling universities, and an affordable housing market are just the icing on the red velvet cake. There’s a reason why Alabama hospitality is legendary and our quality of life cannot be beaten.

Beyond beauty, our state offers thousands of available sites, a proven track record of success, and a pro-business attitude that allows us to develop custom incentive packages tailored to a company’s individual needs. Consider us your toolbox to building a great business: we have the resources, atmosphere, workforce, and competitive advantages to cultivate growth and expansion in any field.

Business Development Division

The Business Development Division teams with public and private economic development partners across Alabama to position the state as an ideal location for investment and job creation.

The Business Development Division identifies potential corporate investors that will broaden Alabama’s economic base, works to bring in foreign direct investment, expand exports of state-based companies, assist small businesses, and attract film projects.

The Business Development Division and its partners use an integrated teamwork approach to demonstrate to prospects the level of support they can expect with a project in Alabama. The division also works with communities across the state to help them determine how they can become more competitive for new job creation.

The overarching goal of the division is to achieve the objectives of Accelerate Alabama, the strategic economic development growth plan adopted in 2012 and revised in 2017.

In Accelerate Alabama’s first seven years, companies from around the globe announced Alabama economic development projects involving commitments for roughly 135,000 jobs, as well as $42 billion in capital investment.


One state. Many paths to success.

Alabama’s industries not only have deep roots, but they’re also widespread from years of tremendous growth and development. From aerospace and automotive to technology and medicinal innovation, we’ve used our foundation and expertise across multiple industries to establish Alabama as one of the top five business climates in the country.
Targeted Business Sectors.

Alabama has always been defined by a coalescence of hardworking companies that have given our state the supportive business climate it’s known for. Our targeted business sectors consist of companies that have found success in Alabama and garnered international attention across the globe.

  • Aerospace & Aviation
  • Agricultural Products & Food Production
  • Automotive
  • Bioscience
  • Chemicals
  • Forestry Products
  • Metal & Advanced Materials

The 2021 Economic Development Guide is the source for updated information about the resources and incentives available to business and industry locating in Alabama. This is your one-stop source of current contact information for the economic development and workforce development agencies of the state of Alabama. The Alabama Economic Development Guide also includes features from Alabama’s premiere business publication, “Business Alabama magazine, spotlighting new and expanding companies in all of Alabama’s fastest growing industry sectors.Review the 2020 Economic Development Guide.

Alabama Research Capabilities Interactive Map

Companies and site selection consultants from around the world can quickly explore relevant research being conducted at Alabama universities and research organizations thanks to a new interactive map designed to catalog research capabilities in the state. Companies can use the tool to connect with researchers who could assist in product development, testing, and other functions. The map was developed by the Alabama Experimental Program to Stimulate Competitive Research, or Alabama EPSCoR.