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Are you surprised…? I’m certainly not. Birmingham continues to move forward and even amaze some with the amount of funding opportunities and award-winning companies
This past Thursday night, the Alabama Launchpad competition wrapped up with massive deals for Alasaw and Book-It Legal.
Details about the two companies are here.
Since 2006, the EDPA has been operating the competition – about $2.5 million has been invested with at least 50 new Birmingham companies. This year, Birmingham was on top with holding 2 out of the 3 positions for finalists.
Alasaw – Awarded $100,000
12 years ago, Cliff and Leigh Spencer started the company in LA. Moving to Birmingham they were able to rev up the “urban salvage business”
“This is different than custom work where everything you buy goes right to sale: It’s a different model, so having capital upfront really helps solidify what we’re doing.”
– Leigh Spencer told BBJ
Location – MAKEbhm workshop in Avondale
Book-It Legal – Awarded $50,000
This Birmingham startup, focused on helping law students gather experience in the market place while going through school, has had quite the year!
- Being named a Launchpad finalist
- Apart of the Velocity Accelerator’s inaugural class
- 3rd place of the Launchpad Competition
“Our immediate goal is to bring on some full-time developers, which would create new tech jobs in Birmingham and help us build out the features our users want,”
– Jack West (Co-Founder), told the BBJ
Linc Research Inc. – Awarded $100,000
An Earthquake Absorber shook up the competition as Linc Research Inc. came in with their innovative product straight out of Huntsville.