In a letter addressed to Innovate Alabama, 24 founders of tech companies in Birmingham, Huntsville and Mobile called on the group to support Birmingham-Southern’s request for a one-time infusion of public money.
Two dozen tech leaders are urging the state’s business commission to back a $37.5 million bailout for Birmingham-Southern College.
The authors said they have “increasingly had to look outside the state” for key hires, and have lost out on recruiting talent as a result. In their letter, they urged the state leaders to consider the value of liberal arts colleges – and to keep Birmingham-Southern from closing its doors. Financial problems at Birmingham-Southern emerged in 2010 when David Pollick, who had been president since 2004, resigned after a controversy over accounting errors, overspending and increasingly dire budget deficits.
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