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Higgins Joins New Virtual Business Incubator

Program is designed to help new businesses survive and grow

06/10/02

Robertsdale, AL - Lance LaCour, president and CEO of the Baldwin County Economic Development Alliance, announced the appointment of Bob Higgins as director of technical assistance for the new Baldwin County Virtual Business Incubator.

"A business incubator is usually a facility where young companies and business start-ups can share administrative expenses while they are learning from each other and from business experts," LaCour said.

Higgins has led companies ranging from a one-person consulting company to managing future car programs for General Motors. He came to Gulf Shores in August 2001 from General Motors' Buick Motor Division where he was responsible for developing future vehicles and bringing them to market. In this position, he developed the current Park Avenue and LeSabre, and a future Regal.

Prior to this, he was chairman of the team responsible for the $1 billion per year business and technical relationship between General Motors and its tire suppliers (Goodyear, Michelin, Continental and Firestone).

The Baldwin County Virtual Incubator Project is the result of an effort to establish a two-year Virtual Incubator program (VBI), after which it may evolve into a traditional incubator program with actual physical and support facilities. The program's goal is to launch a total of 22 firms and create 70 jobs in its two-year operation.

The National Business Incubation Association estimates that approximately 80 percent of incubated firms survive their first three years, compared with a 35-40 percent survival rate for non-incubated start-ups.

When not working with VBI clients, Higgins is president of Higgins and Associates, a Gulf Shores based business specializing in helping other businesses make more effective use of e-commerce and Internet marketing. He is also secretary-treasurer of the Optimist Club of Pleasure Island, a member of the Baldwin Technology Council and a volunteer with the Baldwin County Workforce Development Committee.

Higgins lives in Gulf Shores with his wife Beth and son Tim, a student at Gulf Shores Middle School.

For more information or to volunteer your services as an advisor, contact Higgins at (251) 947-2445 or visit the VBI Web site at http://www.badwinincubator.com.