3 innovative Birmingham startups compete in Alabama Launchpad $150K contest

It seems that every month we read about great opportunities being presented to early-stage companies or startups in Alabama. This week three Birmingham companies are finalist in Alabama Launchpad’s competition for $150,000 in Prattville, Thursday at 4PM.

Alabama Launchpad is a program of the Economic Development Partnership to help high-growth, innovative startups in the state. If a company is in the very early seed stage, or has a strong concept, but is not fully in business yet, this is the initiative that can provide much needed funding.

via- Facebook

Alabama Launchpad connects these promising startups with potential investors and experts. The competition is a valuable experience even of funding is not realized, because of the opportunity to refine and present business plans and to network with and learn from successful business leaders.

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Last year two of the winners were Birmingham startups: Edify Online and INFLCR.

Birmingham winners from last year. via-Alabama Launchpad.

This year, three of the six companies competing are from Birmingham: Pointz which offers an app giving businesses a way to incentivize customers, O3 Solutions a project management tool for industrial construction, and Quantalytix, part of the Velocity Accelerator at Innovation Depot, a software platform for the financial services industry.

The qualified judges are from throughout Alabama representing various professions; Lisa Williams, president, Soldier 1 Corp., Huntsville, Haley Van Antwerp, executive director, Innovation PortAL, Mobile, Neill Wright, Liberty Bank executive vice president, Dan Ruth, attorney Balch & Bingham, Birmingham, Giles McDaniel, executive director, Shoals Entrepreneurial Center, Florence.

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Via: www.bitrebels.com

Keep a watch out for these innovative startups. They will be doing great things in 2018 and beyond.