TL;DR - 58 INC | Shelby County Economic Development Corporation
Promotes economic development and business growth in Shelby County, Alabama.
Attracts new businesses and supports existing major employers across diverse industries.
Leverages strategic location, infrastructure, and workforce advantages for investment.
Pricing: Free forever
Best for: Individuals & startups
Pros & Cons
Pros
Comprehensive support for businesses looking to relocate or expand in Shelby County
Strong focus on diverse industries, including tech and manufacturing
Leverages a robust network of partners for economic growth
Highlights significant transportation infrastructure and workforce advantages
Actively works to improve community amenities and quality of life
Cons
Specific details on direct financial incentives or grants are not explicitly detailed
The website primarily focuses on Shelby County, limiting scope for broader regional analysis
Success metrics for specific initiatives are not immediately apparent
Key Features
Industrial, corporate office, and retail recruitmentRetention and expansion support for major employersInnovation ecosystem developmentStrategic guidance for business investmentCollaboration with regional and local economic partnersPromotion of Shelby County's workforce, lifestyle, and infrastructure assets
Pricing
Free
58 INC | Shelby County Economic Development Corporation is completely free to use with no hidden costs.
About 58 INC | Shelby County Economic Development Corporation
By Toolradar Team·
58 INC is the economic development corporation for Shelby County, Alabama. It serves as the primary entity for fostering innovation, attracting new businesses, and supporting the retention and expansion of existing major employers within the county and its municipalities. The organization focuses on creating a robust, mixed economy by targeting industries such as Software & IT, Biotech, Professional Services, Automotive, and Advanced Manufacturing.
58 INC collaborates with a wide network of statewide, regional, and local economic developers, corporate entities, government officials, and private developers. Its mission is to add sustainable economic value to Shelby County by informing, consulting, and guiding businesses through development, activation, attraction, and retention processes. This includes efforts to recruit high-quality retail, entertainment, lodging, and mixed-use developments, as well as supporting community engagement to create jobs and foster an innovation ecosystem.
58 INC | Shelby County Economic Development Corporation FAQ
What specific types of businesses does 58 INC prioritize for recruitment and development in Shelby County?
58 INC targets businesses in key industries including Software & IT, Biotech, Professional Services, Automotive, and Advanced Manufacturing, alongside high-quality retail, entertainment, lodging, and mixed-use developments.
How does 58 INC leverage Shelby County's infrastructure to attract new businesses?
58 INC highlights Shelby County's strategic location with seven exits along I-65, proximity to over 100 daily flights from a major airport, and a local airport with private hangars, emphasizing these assets for long-term business growth and logistics.
What is the significance of '58' in the organization's name and how does it relate to Shelby County?
The number '58' is the county code historically used on Alabama license plates to identify Shelby County. 58 INC uses this as its identifier to evoke natural beauty, premier recreation, diverse lifestyles, and visionary economic development associated with the county.
Beyond recruitment, what support does 58 INC offer to existing businesses in Shelby County?
58 INC focuses on the retention and expansion of major employers, providing experience and expertise to guide smart business growth, and collaborating on initiatives that develop, activate, attract, and retain productive and diverse businesses.
How does 58 INC contribute to the '2040 Vision' for Shelby County?
58 INC's efforts directly align with the 2040 Vision by working to make Shelby County the natural choice for locating and expanding businesses, fostering a robust, mixed economy, and empowering a diverse talent pool within a regionally engaged innovation ecosystem.