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Since it was started in 2006, Alabama Launchpad has funded 117 Alabama startups and, over the past 16 years, has awarded over $6 million in non-dilutive funding to winning companies.
Two Alabama companies have won a combined $75,000 in non dilutive funding after beating out a group of ten other finalists during the Alabama Launchpad Cycle 2023 Finale.
This December, OMNIS Inc. DBA LucidTrade and Autonoma Inc. will compete in the 2023 Cycle Three Alabama Launchpad competition against eight other companies for prizes totaling $75,000.
Ten companies have been selected as finalists for the Cycle 3 2023 finale of Alabama Launchpad which is a program of the Economic Development Partnership of Alabama (EDPA). The event was made possible through a partnership between Alabama Launchpad and Innovate Alabama.
Domestique Coffee and Cahaba Fire Company, two startup companies, recently took home thousands in prize money during Alabama Launchpad's Cycle 1 2023 Finale. Both companies competed against nine other start up businesses in the competition and won a combined $75,000 in non-dilutive funding.