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 […]

Innovate Alabama launches new website built by Big Communications

2024 is already a big year for Birmingham-based Big Communications. On Wednesday, it was announced that BIG has been selected to support two initiatives of Innovate Alabama, the state's flagship public-private innovation partnership. This organization also new website To show that. Bigg said the site is structured to support all of the organization's pillars: talent […]