Through Alabama Launchpad, the EDPA Foundation works collaboratively with many organizations to foster economic development and entrepreneurial growth. The goals of Alabama Launchpad are:
Provide proof of concept grants and seed capital to advance early stage technologies.
Spotlight early-stage business ideas and companies that have considerable market potential.
Provide a vetting mechanism that helps local investors evaluate the market potential of early stage technologies and companies.
Connect new entrepreneurs with a network of key individuals and leaders across the state that can help them succeed.
Build a pipeline of early stage companies that will be become tomorrow’s leading firms.
Increase collaboration among the participating universities.