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Peggy Sammon

CEO, Co-Founder, GeneCapture

EDPA is Heavily Invested in Alabama’s Startup Scene

Alabama has long been known for innovation and acceleration for companies and individuals. In fact, one of the key goals for the state is to attract and retain world-class talent across a broad spectrum of interests and industries, and to support and inspire innovative and emerging companies, whether they are home-grown or have come to call Alabama home.

The EDPA initiatives below are recognized for stimulating and growing innovation throughout the state.

The Innovation Event of The Year

A celebration and event for innovation that brings entrepreneurs, start-ups, corporations, thought leaders and others to come together to imagine, inspire and innovate.

A Thriving Ecosystem for Entrepreneurs

Paving The Way To Success

Startup incubators across the state state, seven research universities and two research institutions are building and mentoring a pipeline of innovative startup companies founded by Alabama entrepreneurs, which is creating jobs and preparing the state for the "new" economy.

Alabama Launchpad

Alabama Launchpad (ALP) is the public-private partnership platform to ignite high-growth entrepreneurship, innovation and commercialization for Alabama. ALP is the lead organization of the state’s innovation and entrepreneurial efforts.

Investment and Mentorship

A network of investors, business plan competitions, mentoring groups and industry associations, online communities, meetups and educational programs are growing and changing to meet the needs of entrepreneurs.

Alabama Launchpad: The state’s most active early stage investor.*

EDPA Investment
$ Million
Estimated Valuation
$+ Million

Alabama Launchpad, a program of EDPA, is the state’s most active early seed stage fund for startups and entrepreneurs. Launched in 2006, it is part of an innovation ecosystem that includes access to capital, networking and other core support and sharing opportunities – to help spur innovation across the state that helps to continually grow the base of technology, a skilled and educated workforce to meet the needs now and for the future, as well as providing creative solutions across a range of business sectors. Our Startup Competitions give early-stage startups opportunity and momentum critical to take an idea from concept to reality.

Cycles run 4x per year. $150,000 in investment funding awarded per cycle.