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Meet the two startups who won a combined $75K at Alabama Launchpad’s Virtual Finale

Virtual finale event participants Earlier this year, the Economic Development Partnership of Alabama announced their selection of ten finalists who would be competing in the first Cycle of Alabama Launchpad in 2021. In case you didn’t know, Alabama Launchpad is the state’s most active early-stage seed fund investor. In fact, the program has invested more than $5.6M in 100+ startups from across the state—helping to turn great ideas into powerful companies that make our state better as a whole. This year, Alabama Launchpad implemented several changes to the program, in order to provide even more value to all participating startups. During the program, each participant works closely with hand-picked Launch Advisors—experienced mentors with decades of experience—to transform their ideas into viable companies. The program culminates in a 2-day pitch competition, where Concept-stage winners walk away with $25K in funding & Seed-stage winners are awarded $50K. Now, let’s meet Alabama Launchpad’s first two winners of 2021. To read more of the story, go to: https://bhamnow.com/2021/05/13/meet-the-two-startups-who-won-a-combined-75k-at-alabama-launchpads-virtual-finale/

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.

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