Inventure Renewables will become the first company to graduate from the University of Alabama's Bama Technology Incubator next month.
Inventure, a 'green" start-up company, has 14 full-time and six part-time employees, approximately $15 million in capital and a new 23,500-square-foot facility in Tuscaloosa. When they began, the company had one employee and utilized 60 square-feet of space.
"This was exactly what I needed," said Dr. Rusty Sutterlin, Inventure's first employee and chief scientific officer. "Experts in every field we could imagine - we had them at our fingertips. if we didn't have a piece of equipment ourselves, we could buy time on it at competitive rates. Everything you would want in a business incubator, along with an extremely easy to work with staff, we found here."
Inventure will be moving to it's new location in Tuscaloosa by mid-August.
"We are very comfortable in making this leap," Sutterlin said.
To find out more information about UA's Bama Technology Incubator which nurtures high-growth, high-tech businesses into profitable industry leaders, click here.
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