Alabama Launchpad, a program of the Economic Development Partnership of Alabama, is now accepting applications until Dec. 19 for startups to compete in its next round of “Shark Tank-style” competition that has helped launch Alabama companies and create jobs for Alabama residents since 2006.

Alabama Launchpad has invested more than $2.4 million in 51 companies. A high percentage of Alabama alumni companies have posted revenue, created 365 jobs and secured $24 million in follow-on funding.

Startups receive valuable mentoring and can win a share of up to $250,000 in funding awarded by a judging panel.

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