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Innovation

Alabama Launchpad funds 4 startups, honors innovation (update)

BIRMINGHAM, Alabama — With Alabama Innovation Week starting Monday, Alabama Launchpad kicked off the celebration a little early with the finale of its latest round of competition.

On Thursday, Alabama Launchpad awarded $240,000 to four start-up companies participating in its state-wide entrepreneur competition. The program, established by Economic Development Partnership of Alabama (EDPA), works to provide local entrepreneurs access to capital that will help them launch their small businesses.

The winners will be recognized at the 2015 Innovation Awards on Wednesday, Sept. 2, an event hosted by the EDPA. Governor Robert Bentley is scheduled to speak.

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