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New Business Hopefuls to Compete for Share of $250,000 in Latest Round of Alabama Launchpad

BIRMINGHAM, Alabama — Alabama Launchpad is accepting applications for the next round of its statewide startup competition.

The contest, a program of the Economic Development Partnership of Alabama, has awarded more than $1.5 million to new business hopefuls since its inception in 2006.

For the latest round, interested teams must submit an application and a $150 non-refundable application fee before midnight Nov. 16. Those selected to compete will be announced on Dec. 12.

At stake is a share of up to $250,000 in funding.

In the last round of competition, which ended Sept. 25, awards went to the following startups: SmartParty ($89,137); SpectraCyte ($87,000); Cheeriodicals ($43,250); Alignment Simple Solutions ($16,000); and Healthfundit ($15,000).

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“We encourage early-stage startups that have a solid chance of market success to apply,” Greg Sheek, Alabama Launchpad programs director, said in a statement. “We recognize the central role that startups have in job growth, and we look forward to the next cycle of teams we can help launch to the next step in job creation.”

Each team in the competition will be connected to a mentor. Teams also will present 10 minute pitches at two live judged events.

November 5, 2014

Dawn Kent Azok | By Dawn Kent Azok |

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