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Alabama NewsCenter — Innovate Alabama opens second round of grant funding to benefit Alabama entrepreneurs

| January 20, 2023 @ 4:00 pm

By Phil Pierce

Innovate Alabama opened applications for the second round of the Innovate Alabama Supplemental Grant Program today. Alabama-based recipients of Phase I and Phase II federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants are eligible to apply for up to $250,000 in supplemental funding.

The program supports Alabama entrepreneurs and innovators, particularly underrepresented groups such as women, minority and rural founders. In addition, the disbursement of funding will advance Alabama’s economy by driving research and commercialization, developing exportable products and services and spurring high-wage job opportunities.

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Alabama News Center tels the stories of the people and businesses powering the states of Alabama, striving to make Alabama a wonderful place to live and work.

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