Startups and Entrepreneurs
Alabama Launchpad
Alabama Launchpad
Alabama Launchpad (ALP) is a public-private partnership offering early stage funding and business coaching to startups across Alabama. With four competitions per year, each offering up to $150,000 in nondilutive investment, ALP funds eight companies annually. Through Alabama Launchpad, a program of EDPA, and other state programs, startups and entrepreneurs are encouraged to start, stay and grow in Alabama’s business ecosystem. Contact info@alabamalaunchpad.com.
Accelerators
AXANDUS
Accelerates the growth of innovative companies in the fields of mechatronics and connected objects, helping them scale up quickly for mass production and international markets. Axandus’ U.S. accelerator is based at EFI Automotive Group located in Elkmont, Alabama.
VELOCITY
Velocity is a startup accelerator program housed at the Innovation Depot in Birmingham. Through investment, mentoring, and business insight and expertise, Velocity has helped Birmingham-based businesses grow and attracted startups to the city as well.
THE FOUNDRY
The Foundry Huntsville, Inc. is a for-profit startup studio based in downtown Huntsville. The Foundry launches, funds, and builds software companies that produce highly scalable, highly profitable B2B SaaS apps. Their goal is to build 20 software startups over the next 5 years.
HUBZONE Accelerator
The mission of the HUBZone Accelerator Project is to help and empower underserved communities through strengthening and advocating HUBZone companies. HUBZone Accelerator is a one-stop resource for HUBZone companies to grow their company, share resources, and market their capabilities to large prime businesses and government agencies. In addition, the HUBZone Accelerator will provide a platform for HUBZone member companies to champion their businesses as technically qualified in engineering, science and/or technology.
Delta I-Fund
The Delta I-Fund™ is an early stage, proof-of-concept accelerator formed to train entrepreneurs in the eight-state Delta Regional Authority territory. Each startup team accepted into the program will be matched with a mentor from the business community, complete 12 weeks of rigorous training alongside other startup teams and receive technical assistance or access to seed stage capital, depending on the team’s geographical location.