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In the News: Auburn Center for Developing Industries Expansion

Posted by Hannah Taylor on May 24, 2022
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Auburn Center for Developing Industries expansion

Do you have a business idea brewing, but no space or support to let it grow? That could change in the near future thanks to the recently-announced Auburn Center for Developing Industries expansion.

About the expansion

In terms of the Auburn Center for Developing Industries expansion, growth spurs growth. According to reports, $3 million in federal funding was secured as part of the Consolidated Appropriations Act.

Overall, the expansion of this Auburn-based business incubator will strengthen the center’s existing capabilities.

The funding will expand the center’s training facilities. Classroom training as well as conference room spaces will be added to what will be the Auburn Center for Developing Industries Business Center.

Additional educational opportunities will be created within the advanced manufacturing industry and pre-graduation job training for Auburn University students. The new facility will provide space for more collaboration between tech providers and industries as well as between industries and academia.

More about ACDI

The Auburn Center for Developing Industries supplies startups with incubator space.

Asking yourself what incubator space means in the business realm? To simplify, it’s a place where developing businesses can benefit from available support staff and equipment at a low cost.

Currently, the Auburn Center for Developing Industries houses several companies. The center offers affordable startup leases along with shared resources. Those resources include internet, printing, utilities and the use of a conference room.

For example, the Auburn Center for Developing Industries is home to the Advanced Manufacturing Training Center. The training center provides space for training AU engineering students plus machine prototyping, setup and development.

Plus, the center has a strong partnership with AU’s Interdisciplinary Center for Advanced Manufacturing Systems. Overall, it’s a joint partnership between the City of Auburn and its Industrial Development Board.

Summary

Business incubators. Expansion. More opportunities. Startups. Growth. If these are the things pulling you toward a new adventure in East Alabama, contact Ryan Roberts today! He can help you find the perfect place to call home in the area. Find out more about local real estate, listings and community news by reading our blogs.