Strong participation and significant impact at Innovate Alabama’s first Outdoor Recreation Summit
Outdoor Recreation Summit Showcases Alabama’s Commitment The inaugural Outdoor Recreation Summit recently attracted over 250 attendees from various sectors, including state agencies, nonprofits, local governments, and private enterprises, to highlight Alabama’s growing influence in outdoor recreation. Hosted at Lake Guntersville State Park, the summit emphasized not only the economic benefits of the outdoor recreation industry […]
New outdoor adventure program starting at Lakepoint State Park with backing from Alabama Power and Innovate Alabama
New Outdoor Adventure Program Launching at LakePoint State Park A new outdoor adventure initiative named “Kayak Eufaula” is set to debut this summer at LakePoint State Park. This program is a result of a collaboration between the Eufaula Parks and Recreation Department, Alabama Power, and Innovate Alabama. “Kayak Eufaula” will feature kayak tours, rentals, and […]
Innovate Alabama offers funding to companies in Huntsville and Madison that are promoting innovation.
In Madison County, several small businesses are set to benefit from over $3.3 million in SBIR/STTR supplementary grants from Innovate Alabama, alongside 20 other recipients statewide. These grants are aimed at helping businesses enhance cutting-edge technology, create jobs, and strengthen their presence in Alabama. The funding, which includes 11 firms located in Huntsville and Madison, […]
Innovate Alabama awards nearly $4 million in funding to Alabama small businesses
Innovate Alabama has announced the recipients of its fourth annual Innovate Alabama awards. Grant ProgramIt awarded nearly $4 million to 22 small businesses. Seventeen of the 22 grant recipients are currently based in Alabama, receiving an average of more than $175,000. For the first time, the grant program expanded beyond Alabama state lines, resulting in […]
HudsonAlpha gains Innovate Alabama Network designation, grants for entrepreneurs
HudsonAlpha Biotechnology Institute has been designated an Innovate Alabama Network leader, earning funding for two key initiatives to strengthen entrepreneurship across the state. The designation connects HudsonAlpha to a network of other designated communities, nonprofits and higher education institutions across the state, and provides access to funding to further shape and expand Alabama’s entrepreneurial ecosystem. […]
Innovate Alabama receives $98 million to continue support of small businesses
Innovate Alabama plays a vital role in stimulating the growth of small businesses across the state, and the organization will receive approximately $98 million in additional funding to continue this valuable work. The two-component program, LendAL and InvestAL, will fund lending and venture capital initiatives designed to increase lender and investor confidence in Alabama and […]
Innovate Alabama adds strategic talent, enhancing capacity to drive innovation
Innovate Alabama announced the addition of three full-time staff members who have joined the organization to help innovators establish roots in the state. These strategic roles will help advance Alabama's priorities and efforts to innovate for 2024 and beyond. The addition of new team members marks a significant milestone for Innovate Alabama since the appointment […]
Innovate Alabama opens applications for fourth round grant funding
Innovate Alabama has opened applications for the fourth round of the Innovate Alabama Supplemental Grant Program. Recipients of Phase I and Phase II federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants are once again eligible to apply for up to $250,000 in additional funding through the program. Innovate Alabama's previous […]
Innovate Alabama accepting applications for supplemental grant program
Innovate Alabama has opened applications for the fourth round of the supplemental grant program. The program awards funding to Alabama businesses that receive Phase I or Phase II awards through the federal Small Business Innovation Research Program (SBIR) or the federal Small Business Technology Transfer Program (STTR). “Since its inception in 2022, the Innovate Alabama […]
Sen. Greg Reed celebrates success of Innovate Alabama
Innovative Alabama is a groundbreaking economic development program celebrated by former Governor Kay Ivey. Secretary of State Condoleezza Rice and the program's “father”, state Senate President Pro Tempore Greg Reed. Last month's event was attended by lawmakers, business leaders and dignitaries from across the state and nation. Reed (R-Jasper), who authored the bill establishing Innovate […]
