Local companies bow out of competition
Two Tuscaloosa companies that were among the five finalists in the latest Alabama Launchpad competition were eliminated in the final round.
The competition is sponsored by the Economic Development Partnership of Alabama Foundation and provides seed-money to enterprising entrepreneurial companies.
The latest competition started with 22 companies, most affiliated with researchers at state universities. The field was reduced to 12 companies, then seven and finally the five that made their last pitch to a panel of judges on Friday in Birmingham.
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