Innovate Alabama Supplemental Grant

The Innovate Alabama Supplemental Grant Program is a beacon of hope for small businesses and university inventors in Alabama, providing supplemental funding to those who have already secured Phase I or Phase II Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grants. This program is designed to empower these businesses and inventors to further develop and commercialize their transformative technologies, creating jobs and growing Alabama's economy. With grants ranging from $50,000 to $250,000, recipients can elevate their research and development efforts, refine prototypes and testing procedures, conduct thorough market research, expand their team with talented individuals, and secure robust intellectual property protection. To qualify for this grant opportunity, businesses or inventions must maintain a physical presence in Alabama, be classified as a small business or university invention, hold a Phase I or Phase II SBIR or STTR grant, and possess a technology with the potential to create jobs and stimulate Alabama's economic growth. The application process is open to all eligible businesses and inventors. Applications are meticulously evaluated by a panel of experts, considering factors such as the technical merit of the technology, its commercialization potential, the strength of the business plan and management team, and the financial viability of the project. The Innovate Alabama Supplemental Grant Program is a testament to Alabama's commitment to fostering a thriving innovation ecosystem. By providing crucial financial support, this program empowers businesses and inventors to transform their groundbreaking ideas into tangible realities, driving economic growth and job creation across the state. If you are an Alabama-based small business or university inventor with a groundbreaking technology, we encourage you to apply for the Innovate Alabama Supplemental Grant Program. This program could be the key to unlocking your innovation's potential and making a significant impact on Alabama's economy.