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According to Area Development Magazine, Alabama ranked No. 8 overall, scoring especially high in categories that are crucial to attracting investment and fueling job growth. The state earned the magazine’s top ranking for Favorable Property Tax and placed in the top 10 in eight additional categories, including Overall Cost of Doing Business (No. 3).
On Thursday, Oct. 23, the University of Alabama at Birmingham (UAB) celebrated the grand opening of its new Biomedical Research and Innovation Center, a state-of-the-art, 175,000-square-foot facility designed to transform groundbreaking research into real-world impact. Located on Seventh Avenue South between 19th and 20th Streets, the center will serve as a hub for translating information into commercial applications, developing new drugs, and launching medical startups.
Each month, the Alabama Labor Market Information (LMI) newsletter provides data and analysis on the workforce, including labor force participation rates, unemployment rates and employment trends on a statewide and regional level. In coordination with the LMI, the Birmingham Business Alliance (BBA)’s Data Debrief for June 2025 highlights changes in our regional labor market and provides essential insights.
Birmingham’s momentum as an innovation-forward city was spotlighted in a recent Route Fifty feature, titled “Birmingham Looks to Write a New Chapter as a Tech Hub,” written by Managing Editor Chris Teale following his July visit to the Magic City.
Underdog industry of the Southeast? BIOSCIENCE! In this recent article from BIOSpace, Alabama is noted as having the highest growth in both bioscience employment and establishments from 2019 to 2023.
The groundbreaking ceremony for the Heman Drummond Center of Innovation was held in Jasper, Alabama in May of 2025. This $80 million, first-of-its-kind educational facility will open in Fall 2026 and serve over 2,100 students annually, clearly redefining the future of education and workforce development for high school students throughout Alabama.
Interns experience several challenges every summer – living in a new city, missing the college environment, building new relationships and working eight or more hours a day. It can be challenging for interns to make the most of their professional development during a summer internship, especially if they don’t know where to begin. Employers can also experience challenges when it comes to activating their new, young talent and providing them with a fun, but impactful internship.