Alabama Launchpad 2025: More Tracks, More Funding, More Opportunities!

February 4, 2025

We are thrilled to announce Alabama Launchpad 2025, bringing even more exciting opportunities for startups and entrepreneurs. Whether you’re in Technology, Life Sciences, or Consumer Goods, this year’s program is designed to help your business grow with increased funding, extended mentorship, and a bigger stage to showcase your innovations.

Key Takeaways

Three Tracks:

Technology, Life Sciences, and Consumer Goods – choose the right fit for your startup.

Financial Support:

$2,500 stipend for essential business needs and larger prize money to help you scale.

Mentorship:

Extended one-on-one guidance from experienced business advisors.

Twice-a-Year Opportunity:

More chances to apply and win.

Grand Finale:

Top six startups will showcase their innovations in a high-profile event.

“We are really, really excited about Alabama Launchpad for 2025. More opportunities, more funding, and more support for startups!”

Why We’re Excited About Alabama Launchpad 2025

Three Specialized Tracks

Applicants can now choose from three distinct tracks to better align with their business focus:

Technology: Ideal for startups focusing on software or hardware solutions.
Life Sciences: Perfect for health, biotech, and medical innovations.
Consumer Goods: Tailored for B2C companies creating impactful products for everyday consumers.

Financial Support for Finalists

Each finalist company—three to four per track—will receive a $2,500 stipend, which can be used for essential business needs such as:

Customer discovery and market research
Equipment purchases
Implementing strategic advice from mentors

Increased Prize Money

This year, the stakes are even higher! The top companies in each track will have the opportunity to win:

$100,000 for the Life Sciences track
$75,000 for the Technology track
$50,000 for the Consumer Goods track

This significant increase in funding ensures that startups have the resources they need to scale their businesses effectively.

Extended Mentorship Opportunities

Participants will benefit from an extended mentorship program with experienced Launch Advisors, providing deeper insights and hands-on guidance to help refine their business strategies and prepare for long-term success.

Twice-a-Year Application Cycles

For those who might not be ready yet, don’t worry! Alabama Launchpad 2025 will have two application cycles, providing startups with more chances to participate and win. If you miss the first round, you’ll have another shot in the second half of the year.

The Grand Finale Showcase

For those who might not be ready yet, don’t worry! Alabama Launchpad 2025 will have two application cycles, providing startups with more chances to participate and win. If you miss the first round, you’ll have another shot in the second half of the year.

How to Apply

Are you ready to take your startup to the next level? Applications are now open at alabamalaunchpad.com. Don’t miss out on your chance to secure funding, mentorship, and growth opportunities that could transform your business.

Learn more about Miller

If you would like to learn more about Miller, check out her website and social media profiles.

More About Alabama Launchpad

Established in 2006, Alabama Launchpad is Alabama’s most active, early-stage seed fund investor, driving innovation and job growth through startup competitions and ongoing mentoring for Alabama entrepreneurs. Alabama Launchpad is made possible by the generous support from Innovate Alabama, the Alabama Department of Economic and Community Affairs, the Alabama Department of Commerce, Blue Cross and Blue Shield Caring Foundation, Truist Bank, The University of Alabama, Auburn University, The University of Alabama at Birmingham, the Daniel Corporation Foundation. It is the state’s longest running business plan and pitch competition. Over the past 17 years, Alabama Launchpad has invested over $6 million into 121 Alabama startups. The winning startup companies have generated over 1,400 jobs for the state and have a combined post-money valuation of over $1 billion.

More About Our Partner, Innovate Alabama

Innovate Alabama is Alabama’s first statewide public-private partnership focused on entrepreneurship, technology and innovation with a mission to help innovators grow roots here in Alabama. Innovate Alabama was established to implement the initiatives and recommendations set forth in the Alabama Innovation Commission’s report, including smart policy solutions that will create a more resilient, inclusive and robust economy to remain competitive in a 21st-century world. With founding CEO Cynthia Crutchfield leading the charge, Innovate Alabama is also made up of a board of 11 innovation leaders appointed by Gov. Ivey, collaborating across sectors to advance industries, drive technology and facilitate an environment where innovation and entrepreneurship thrive. Learn more about Innovate Alabama at www.innovatealabama.org.