fbpx

For COVID-19 resources and updates
in Alabama, click here

We award up to $75,000 to companies that look
like they’re ready to enter the stratosphere.

Sound like anyone you know?

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

The process is designed to mimic the standard process used by sophisticated capital providers to evaluate investment targets. Each entrant is evaluated based on a set of standard criteria that has been shown to produce better companies. For finalists, teams are also able to pitch their business at a highly publicized event that also gives them exposure to capital providers.

Before you begin.

Lots of us think we have great ideas. But only the best of the best can walk away with an Alabama Launchpad win and a serious financial boost to their business. So do yourself a favor – get familiar with our competition. Look over the process, size up the expectations, fine-tune your proposition (there are many helpful hints right here), then go for it. Only those who enter can win.

2021 Startup Competition Calendar

Cycle 1

Virtual Event

Application Opens
Application Deadline
Finale Event
2/1/2021 (M)
3/1/2021 (M)
5/13/2021 (Th)

Cycle 2

 

 

Application Opens
Application Deadline
Finale Event
5/1/2021 (Sa)
6/1/2021 (T)
8/19/2021 (Th)

Cycle 3

 

Application Opens
Application Deadline
Finale Event
8/1/2021 (Su)
8/31/2021 (T)
11/18/2021 (Th)

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: