New Alabama Launchpad program seeks to pair promising early-stage companies with federal grants


New Alabama Launchpad program seeks to pair promising early-stage companies with federal grants

In an attempt to bridge a glaring funding gap common to early-stage technology companies, Alabama Launchpad will unveil an initiative in early 2014 to help entrepreneurs statewide pursue federal research grants.

“We need to help struggling new tech companies find the funding to get them to the commercialization stage to grow jobs and wages of Alabama companies,” said Mark Weaver, director of the Melton Center for Entrepreneurship and Innovation at the University of South Alabama.