Decatur-Morgan County Entrepreneurial Center Inc
THE PRIMARY PURPOSE OF THE E-CENTER IS TO ENCOURAGE, ENTHUSE AND EMPOWER NEW AND SMALL BUSINESSES AS TENANTS AND NON-TENANTS OF THE E-CENTER FACILITY AND TO ENSURE SUCCESSFUL START-UP AND CONTINUED GROWTH OF THEIR BUSINESSES.
Decatur-Morgan County Entrepreneurial Center Inc
The Decatur-Morgan County Entrepreneurial Center Inc, also known as the E-Center, is a nonprofit organization focused on economic development and community improvement. It supports new and small businesses in Decatur, Morgan County, and surrounding areas in North Alabama.
Mission and Objectives
The primary mission of the E-Center is to encourage, enthuse, and empower entrepreneurs by providing the necessary resources, coaching, counseling, mentoring, education, and community support. It aims to foster successful start-ups and continued growth for both tenants and non-tenants of its facility. The organization emphasizes the recruitment of new businesses as a vital component of economic prosperity in Morgan County.
Economic Development Strategy
As one of the first business incubators in the nation with a dedicated economic development arm, the E-Center plays a key role in the long-term expansion and diversification of the local economy. Its strategic focus areas include laying groundwork for emerging companies in growing industries, creating resources for new and existing entrepreneurs, recruiting and retaining young professionals, establishing strategic partnerships, and developing key industries such as agricultural technology and robotics.
Impact and Achievements
In recent years, the E-Center has contributed significantly to the development of over 350 jobs, generating more than $7 million in new annual payroll in Decatur and surrounding areas. Its support extends from sole proprietorships to large manufacturing companies.
Financial Overview
As a nonprofit, the E-Center relies on contributions and program services for its revenue. Donations to this organization are tax-deductible, which helps support its community improvement and economic development initiatives.
Category and Recognition
The Decatur-Morgan County Entrepreneurial Center Inc is categorized as a community improvement and economic development organization. This classification aligns with its mission to enhance the economic profile of Morgan County through business support and economic diversification.
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2010
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