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How well do you know the Economic Development Partnership of Alabama, or EDPA, in Birmingham? Bham Now serves up six quick facts about Alabama’s trusted source for economic development information (and big money startup dollars.)
“As the state’s most active early stage fund, Alabama Launchpad’s mission is to help startups across the state start, stay and grow in Alabama, where they can make a tremendous impact on our economy as they develop.”EPDA
2. Big $$$ Invested
The EDPA sponsors the statewide Alabama Launchpad Startup Competition quarterly. Each competition awards $100,000 in seed funding and a $50,000 concept prize.
Over the years, EDPA has invested more than $4 million in 84 Alabama startups.
3. Dates to Put on Your 2019 Calendar
Interested in submitting a Launchpad application for your startup biz? Then you have two opportunities left to apply in 2019.
- Cycle 3 applications open May 15. Finale info is TBD.
- Cycle 4 applications open August 6. The finale will be in Troy in mid-November.
While applications for Cycle 2 have already closed, you can catch the finale in Tuskegee May 9.
4. You Knew Them When (Past Launchpad Winners)
Birmingham welcomed a pro soccer team in 2019. Guess who signed a deal to be the platform provider for Birmingham Legion Football Club’s cloud-based fan hub? 2017 EDPA Alabama Launchpad winner INFLCR.
Or, perhaps you’ve heard of 2013 Launchpad winner BLOX. The company is revolutionizing hospital construction. Today the Bessemer plant produces medical modules (that is, headwalls and patient room bathrooms) for hospitals in Austin, Houston and Akron
Another 2017 winner, Alabama Sawyer makes furniture from sustainably sourced trees. They are signed on to put their polished touch on Birmingham icon Hot and Hot Fish Club’s future location in Pepper Place.
Then there’s Chonex, which uses black soldier fly larvae to make use of chicken poop (no joke)—resulting in a far more eco-friendly solution for both fertilizer and fungicide. Meanwhile, G Mommas Cookies out of Selma offers up goodies decidedly more appetizing.
Finally, nonprofits seeking digital fundraising campaign solutions can ride the wave with Swell Fundraising.
EDPA’s Alabama Launchpad Startup Competition helped all these household names and many others get off the ground. Speaking of waves…
5. Wavy Video Wall
If you head south on 14th Street often, you’ve probably noticed the wavy video wall visible through EDPA’s massive windows as you cross 1st Avenue South.
The video sequence pays homage to Birmingham-based Shipt, Southern Research, UAB, Alabama farmers, the Huntsville tech/aerospace scene and many more Alabama industries and businesses.
6. Historic Bakers Row Location
Adjacent to Railroad Park and catercorner to Regions Field, EDPA’s location at Bakers Row will catch your eye with its white brick exterior.
It’s reminiscent of the boxy white bread Merita Bakery used to produce there before the factory closed in 2012. Now the sleek industrial space bakes up Alabama economic development instead.
Find EDPA at 1320 1st Avenue South, Birmingham, Alabama 35233, or visit edpa.org for more info.