New Businesses Being 'Hatched' In Fairhope

Fairhope, Alabama


Fairhope Hatch director Rick Miller


'INCUBATOR' DIRECTOR SPEAKS AT MUSEUM

During a recent 'Tea for Two' event at the museum (Thursdays at 2PM), Rick Miller talked about the Baldwin County Economic Development Alliance's initiative to promote new high tech start-up businesses in the city.

"From its beginning, Fairhope has  attracted entrepreneurs, the Single Tax Corporation itself was such a concept,  and the city has grown into a society of small, successful businesses; but there is only so much room for retail," Miller said.

The question became how do we keep growing, provide good jobs and opportunities especially for youth ... and also protect the quality of life Fairhope is known for?

Miller said the average salary now in Baldwin County is only $35K, but tech jobs are double or triple that: "The Internet has changed everything. Technology-based businesses can bring in high paying jobs ... and money from all over the world ... without harming the environment."


CONCEPT BEGAN IN SOUTH CAROLINA

Miller said the concept for "technology villages" as  hi-tech business incubators in small towns was begun in South Carolina by retired businessman Carl Kelly, in conjunction with Clemson University.

About two years ago, Lee Lawson president of the BCEDA contacted Miller about setting up something similar here, with the University of Alabama providing necessary resources.

Miller: "We're an incubator ... take ideas through the first phases: proof of concept, help evaluate market, connect with local investors ... to provide $50-$300K to get it going."


BBVA BANK LOCATION

The HATCH office here opened last November on the second floor of the BBVA/Compass bank building at 36 N. Section Street in  downtown Fairhope; their website is here.

"Networking events" are held twice a month for anyone interested as well.

Miller said he has about 10 clients now who pay only a nominal $100/month fee for the service.














Comments

Anonymous said…
This has nothing to do with the presenter. But with all due respect to what was written:

"provide good jobs and opportunities especially for youth ... and also protect the quality of life Fairhope is known for?"

Where are these people supposed to be able to afford to buy a home? The young people who grew up here are priced out of the starter home market. The older people on fixed retirement incomes are priced out of getting smaller homes due to the over-marketing of the once modest homes in the downtown area.

Sorry - again I have no disparaging remark to Mr. Miller. Bravo to his work. It's what has happened to Fairhope that has taken away the quality of life we used to have, and made it a snobby area for only rich people.
Risoilly said…
What a great idea.
Publisher said…
The technology-based jobs with markets all over the world via the internet should provide salaries double or triple the average now in Baldwin County, according to Mr. Miller.
Anonymous said…
Kids can live with theire parents of course! :)
Anonymous said…
Okay so the double or triple income people can buy the ridiculously overpriced houses. Guess Fairhope doesn't want the diversity of people making just an average salary like a blue collar worker. What a shame.
Anonymous said…
So, Walmart killed Fairhope because its cheap prices killed Ma & Pa. Yet, Fairhope is unaffordable. Furthermore, successful people are (perforce) snobs. The free market is unfair, and dual income families do not deserve to live in homes for which they work hard. Finally, people who believe that Fairhope is a special place--people who live, love, and die here--are obnoxious are outraging.

Building is difficult, the province of the dedicated few; tearing down takes no talent and little effort, and its satisfactions are ephemeral.
Anonymous said…
Let me explain (again). Walmart killed off the old local stores and made downtown an expensive tourist trap just like it did in so many other towns across the country.
Anonymous said…
Most of the $600 scarf and panties shops were there in downtown Fhope long before Walmart.
Anonymous said…
Wrong again! You are obviously one of the newcomers.
Publisher said…
No repetitive tit-for-tat comments ... please.
Anonymous said…
Fairhope is a microcosm of America: newcomers often appreciate its blessings more than the native-born. I'm not a newcomer by any measurement, butif I ever found myself self-loathing as some I read in these comments, I should think that I would have the sense to move away to wherever I imagined paradise to be.
Old v. new is a toxic paradigm under which to operate. We need both, and we need both to engage in civic life with honest arguments, good hearts, and some common sense.