Innovate Alabama

Here at Innovate Alabama, we are driving innovation by ensuring Alabama innovators have access to the resources they need. We covered a lot of ground in 2023, infusing nearly $50 million into the Alabama innovation ecosystem to small businesses, economic development organizations and accelerators. Want a sneak peek into what's coming in 2024? Watch here.

Innovate Alabama is launching the state's largest ever small business funding program, and we're answering your questions about it. For entrepreneurs looking for a loan, visit our website to view a full list of lending partners and learn about technical assistance to help you be a successful applicant. #InnovateAlabama #SmallBusiness #SSBCI 

What an incredible two days at #SlossTech2024! Events like this highlight why Alabama is an exceptional place to call home for innovators and entrepreneurs. Whether you’re a local or visiting from out of town, the connections we made and the stories we heard were truly inspiring. Innovate Alabama was proud to be a presenting partner, providing a platform to educate attendees about the vast array of resources we offer. From the SSBCI launch to student-forward programming and SEEK AL activations, we’re building a community like no other, and we were grateful for the opportunity to showcase how we're supporting entrepreneurs and driving growth in the region. A huge thank you to the attendees, speakers and partners who made this possible! #InnovateAlabama In photos: Cynthia Crutchfield, Shegun Otulana, Walt Postlewait, Julian Woods, Roisin McCord

🚀 Thrilled to participate in #SlossTech2024 presented by Innovate Alabama! Day one has been nothing short of inspiring, filled with collaboration, learning and engagement. Innovate Alabama is proud to partner with TechBirmingham to elevate Alabama's tech landscape. Here are a few highlights from the day. See you back for more tomorrow! #InnovateAlabama

THIS WEEK: Tune in to our SSBCI Loft Livestream at Sloss Tech 2024 to learn more about InvestAL and LendAL and how you can participate in our state’s largest-ever funding initiative! Sessions will be livestreamed today and tomorrow. Check out the full SSBCI Livestream agenda here: https://lnkd.in/eqRx2rqd

Last week, the MLB Field of Dreams game took place at Rickwood Field, America’s oldest ballpark, right here in Alabama. Leading up to the game, the Innovate Alabama team had the incredible opportunity to listen to MLB Hall of Famer Reggie Jackson as he recounted his experiences with the Birmingham Barons. Innovate Alabama was honored to be part of this historic event and was incredibly inspired by the legacy of Reggie Jackson and the late Willie Mays who paved their own paths in the face of adversity and served as trailblazers for Birmingham. We are looking forward to a future of more incredible opportunities like this for the state of Alabama, honoring our past and building for the future. #InnovateAlabama

Deadline Approaching: The Innovate Alabama Supplemental Grant Program application window is closing on July 2. As a reminder, the Supplemental Grant Program provides additional resources for small businesses that currently have an active Phase I or Phase II Federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grant. Move your idea from concept to commercialization with the Innovate Alabama Supplemental Grant Program. https://lnkd.in/eSxzfHBD

Don't miss out! Next week, we are thrilled to join forces with TechBirmingham at Sloss Tech 2024 to connect founders, investors, lenders, students and other ecosystem participants across the state and region to help innovators grow roots in Alabama. The two-day conference will serve as a launchpad for the State Small Business Credit Initiative, or SSBCI. The $98 million infusion in the state is the largest small business funding program that the state has ever seen. Learn more and grab your ticket today! https://lnkd.in/ekg3ffyC

Innovate Alabama was awarded nearly $98 million to launch the largest small business funding program the state has ever seen. The dual-component program, LendAL and InvestAL, will finance loans and venture capital to enhance lender and investor confidence in Alabama's startups and small businesses. Read to learn more about this historic and catalytic capital infusion: https://lnkd.in/dtSrc_fc

Alabama and its $5.5 billion outdoor recreation economy is throwing its hat into the ring to position outdoor recreation front and center in its economic development plan with last week's launch of the "Seek AL" initiative. Seek AL, a program of Innovate Alabama, is designed to "leverage the state’s parks, waterways, greenways and trails to position Alabama not just as a thriving innovation ecosystem, but a place that has something for everyone, whether a current resident or someone looking to relocate."