Startup Competition

LEAP – Alumni Competition

 

2017 Alumni Competition – up to $150,000 in cash awards

Grand Prize $ 50,000

Up to five (5) $20,000 awards

Winners announced at LEAP Mixer on May 17, 2017. See bottom of page for more event details

Click here to apply for Alumni Competition – Deadline to apply is April 24


Eligibility

  • Must be a previous Alabama Launchpad startup competition competitor or a Alabama Launchpad SBIR Phase 0 award winner. If your company competed in any stage of the startup competition, you are eligible. Startup competition alumni do not have to have been previously funded by Alabama Launchpad.
  • Must have raised no more than $2 million in equity funding since participation in the startup competition.
  • Must have a product or service available for purchase. Exception: Life Science Companies that do not yet have a product on the market may apply if able to demonstrate progress on regulatory approval milestones, or other appropriate metrics.
  • Must be generating revenue. Exception: Life Science companies can demonstrate other sources of revenue beyond product sales.
  • Company operations must be based in Alabama.

Application Process

  • Submit a 3-minute elevator pitch video (see pitch video criteria below for details)
  • Complete brief online application (via YouNoodle platform)
  • Pay $100 application fee (use PayPal button below and see application for further instructions)



Application Evaluation and Pitch Presentations

      • Applicants must demonstrate significant business growth
      • Describe the impact the prize funds will have in scaling the business including but not limited to job creation, additional sales, other expansion
      • Accepted finalists will be selected to present a pitch and answer questions before the judges during a pitch session to be held May 17 at EDPA’s office in Birmingham.

Other Details

Pitch Video Criteria

      • Explain why your company should be selected as the winner
      • Explain what your company has accomplished since participating in Launchpad
      • Describe your product/service
      • Describe the market you are pursuing
      • Describe your market size
      • Must feature entrepreneur speaking
      • Must be no longer than 3 minutes

Winner Selection Factors

      • Size of approachable market
      • Quality of management team
      • Potential impact of awarded funds
      • Revenue growth or capital raised history

Announcement of Winners

  • LEAP Mixer – 5:30-7:00 pm
  • Wednesday, May 17 at EDPA (1320 1st Avenue South, Birmingham, Alabama 35233)
  • Beer and bites

Eventbrite - Alabama Launchpad Alumni Competition Finale