Why Compete?
For only $150 to enter, your startup can receive coaching and feedback from an experienced network of Launch Advisors as you move through the process. Talk to our alumni, who will all tell you that the prize money is great, but the feedback from and quick connections to business leaders and investors who want to help you is invaluable. For detailed information on eligibility, expectations, how to apply, advice to entrants, rules, and guidelines, winnings and frequently-asked questions, click below.
Acceptability
You get a deadline to get the ideas out of your head and onto paper.
Validation
You get a critical review of your business including structured feedback.
Capital & Connections
You get the opportunity to receive non-dilutive capital and business connections in the state of Alabama.
" We have capital liftoff. "
$50K
Seed Stage
$25K
Concept Stage
The Process
Here's how it works:
- Alabama Launchpad receives applications during its open application period.
- A set of qualified Launch Advisors covering core business areas and various industries review all applications - and decide who's moving forward as finalists. During this time, all applicants get access to multiple high-value seminars covering key business topics.
- Finalists receive weeks of one-on-one mentorship, pitch coaching, and seminars all designed to improve their businesses - and make them more competitive for the finale.
- THE FINALE: Behind closed doors, finalists pitch to a set of judges. Then they pitch to a live audience. Ultimately, only one concept company walks away with $25,000, and one seed company with $50,000.
GOOD LUCK!
Ready to Win?
Interested teams must submit an application and a $150 nonrefundable application fee.
For more information regarding the Startup Competition process, please contact: