Building Alabama’s MedTech Engine

Hardware Park converts real clinical problems into products, companies, and jobs that strengthen Alabama’s economy.

01
How the Model Creates Economic Value

A Practical Engine for
Economic Growth

The MedTech Device Center at Hardware Park can provide non-dilutive funding for technical assistance and rapid prototyping through a statewide partner network. Rather than seeking equity, Hardware Park funds milestone-based work to create measurable returns and keep ownership local while circulating investment through Alabama-based supply chains.

02
Jobs and Retention

Keeping Alabama Talent Working in Alabama

Hardware Park’s process relies heavily on Alabama-based network partners. The growth of the MedTech Device Center will lead to direct and indirect job creation tied to the design, engineering, manufacturing, and distribution of new medical devices.

03
The Multiplier Effect

Local Dollars, Local Impact

When prototyping and production happen in Alabama, local purchases of tools, materials, and service contracts typically follow. Each device developed here strengthens regional and statewide supply chains and builds a foundation for future advanced manufacturing work.

Q&A

Get answers about Hardware Park's role in Alabama's medical technology ecosystem.

How does Hardware Park generate measurable economic value?

Leveraging our network of Alabama-based development and manufacturing partners and investing in Alabama’s STEM talent produces quantifiable returns in wages, manufacturing contracts, and follow-on investment.

What role does the state play?

Innovate Alabama and the Innovate Alabama Tax Credit Program provide critical support for the formation and growth of MedTech device companies and commercialization of clinical breakthroughs and university research.