Alabama Innovation Corp. has named the first round of small business recipients of the Innovate Alabama Supplemental Grant Program, and many of them are based in Birmingham.
The program awarded more than $4.5 million in grant funding to 30 entrepreneurs across six Alabama cities, and 11 of the winners are located in the Birmingham metro area.
The Innovate Alabama Supplemental Grant Program aims to advance Alabama’s economy through boosting research and commercialization efforts, developing exportable products and services and generating high-wage job opportunities.
Alabama entrepreneurs and innovators, who are recipients of Phase I and Phase II SBIR and STTR grants, were awarded up to $250,000 in supplemental funding to support the growth of the small businesses.
Winners of the Innovate Alabama Supplemental Grant are located in Tuscaloosa, Birmingham, Bessemer, Huntsville, Auburn and Mobile and include nine women- and minority-owned businesses.
Birmingham metro area recipients from the Innovate Alabama Supplemental Grant Program include the following small businesses:
- Accelerate Wind Inc., Birmingham
- AeroNeph Therapeutics Inc., Birmingham
- AI Metrics LLC, Birmingham
- American Renewable Metals LLC, Bessemer
- CerFlux Inc., Birmingham
- Endomimetics LLC, Birmingham
- MRIMath LLC, Birmingham
- Reliant Glycosciences LLC, Birmingham
- Sunfire Biotechnologies LLC, Birmingham
- Trialtus Bioscience LLC, Birmingham
- TruSpin Nanomaterial Innovation Inc., Birmingham
Additional recipients across the state include the following small businesses:
- 525 Solutions Inc., Tuscaloosa/Bayou la Batre
- AVNIK Defense Solutions Inc., Huntsville
- BioGradMatch, Tuscaloosa
- CFD Research Corp., Huntsville
- Clarity LLC, Mobile
- EH Group Inc., Tuscaloosa
- EngeniusMicro, Huntsville
- FreEnt Technologies, Inc., Huntsville
- Gene Capture Inc., Huntsville
- Nanoxort LLC, Auburn
- Nexolve Holding Co., Huntsville
- Ossillate Inc., Auburn
- Outpost Technologies LLC, Huntsville
- Polaris Sensor Technologies Inc, Huntsville
- Reliant Technologies Inc., Huntsville
- Serina Therapeutics Inc., Huntsville
- Streamline Automation LLC, Huntsville
- Trac9 LLC, Huntsville
- Zeus Research and Technology Inc., Huntsville
The Alabama Legislature has allocated an additional $5 million for the 2023 fiscal year to provide a second round of grant funding for eligible Alabama small businesses. Applicants must have a Phase I or Phase II SBIR or STTR grant that was active on or after July 1. The application portal is expected to reopen in 2023.
For small businesses who have not yet secured an SBIR or STTR grant, Bio Alabama, along with a number of other partners, is hosting an SBIR/STTR funding virtual workshop to teach small business owners how to apply for federal funding to support their organizations. Featuring Greenwood Consulting Group and SBIR/STTR program directors from federal agencies, participants will have the opportunity to engage in an application workshop, breakout sessions and one-on-one application consultations.
