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Economic Development Partnership of Alabama Aims to Improve Federal Funding Prospects for High-Tech Businesses

BIRMINGHAM, Alabama — The Economic Development Partnership of Alabamawill hold an April 8 workshop in Birmingham to help small, high-tech businesses secure federal grants.

The workshop is part of the launch of EDPA’s Alabama Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Assistance Program.

The workshop will be held from 9 a.m. to 4 p.m. at Innovation Depot, 1500 1st Ave. N. The cost is $50 for Alabama participants and $100 for out-of-state participants.

UAB, the Birmingham Business Alliance and Innovation Depot are helping to present the workshop. Register here.

The EDPA program is designed to boost the success of Alabama companies in receiving a share of the $2 billion SBIR/STTR federal grant funding awarded annually by the federal government.

More than $36 billion has been awarded since the federal programs started in 1983, but Alabama’s share is about $40 million annually. While Alabama has had some success, other states such as Oregon, California and Virginia are receiving more funding.

“We want to make innovative small businesses aware of the federal research and development funds, and we want to make submissions for funding from Alabama businesses more competitive through advanced training,” Greg Sheek, director of the EDPA Alabama Launchpad programs, said in a prepared statement.

April 1, 2014

Dawn Kent Azok | By Dawn Kent Azok |

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