Blog

Celebrating Alabama’s role in space innovation – imerge 2019

Fifty years ago, Alabama made it possible for mankind to make one of its greatest leaps – landing on the Moon, when innovators in the state built the Saturn V rocket. That historic accomplishment, along with some of the people involved, were celebrated during the Economic Development Partnership of Alabama‘s iMerge 2019 event at Iron…

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Your next job is being started right now

Are you interested in something new? Have you been working for a while in the same role and looking for growth? Well you need to pay attention to the start up scene. Here’s the deal: your next job is most likely going to come from a company that is starting right now. There’s a saying, “if…

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Dear Alabama entrepreneurs… supply what the state demands

Last week, I went to the Alabama – Arkansas game with a few Venture For America Fellows. Driving in, I asked myself what I was going to do about parking… I mean how does Tuscaloosa handle 20,000 more cars on game days? Enter the entrepreneurial spirit of Americans. People who live in Tuscaloosa have figured out…

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Details from this competition cycle

On Tuesday, our judges met to review this cycle’s competition entrants. It was a very lively 4 hour discussion after roughly 2 weeks of review. Being in the room gives me hope for the creative and entrepreneurial spirit of start ups in Alabama. To that, we felt it would be appropriate to share some data from…

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The capital picture is different in Alabama

Dear Entrepreneurs in Alabama, Let me tell you something you probably already know: there is not a lot of venture capital investment in Alabama. In fact, in 2016 there was only $47M invested according to PWC/ CB Insights. I hear folks complain about this. Don’t. It’s a waste of time. Rather, I think it’s good to adjust. Here…

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Setting the bar for a good start up idea

Are you honest about your start up’s prospects? The goal of Alabama Launchpad is to help entrepreneurs create high growth companies in Alabama. This is really important. Too often we’ve found, people are enamored with the idea of being an entrepreneur, but have lost sight of the fact that they are working on an idea that…

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Crunch time. 2 weeks left. Time to focus!

Hey!!! This Alabama Launchpad competition round is closing soon! With just about 2 weeks left, you should be thinking less about doing more and more about clarifying and polishing. In fact, you should really be focusing on removing as many distractions as possible. Because, with a field of roughly 50 companies, distractions are a death knell…

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Making an overview video

OK… let’s talk about making an overview video for your business plan. For many folks, this can feel daunting. And yes, making a video can get very complicated… but this one shouldn’t be. If you own a smart phone, you’ve already got the camera you need. And if you can describe your customers, their need, and how…

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