2 local companies among 2015 launchpad competitors
Two early-stage companies from Tuscaloosa are among 11 such state companies selected for the 2015 Alabama Launchpad Start-Up Competition.
The competition, sponsored by the Economic Development Partnership of Alabama Foundation, will award up to $250,000 to the winning companies to further their business development.
The Tuscaloosa companies are:
Conductive Chemistry, an affiliate of the University of Alabama that produces a new material with many of the electrical properties of platinum but is less than half the cost.
Brewery Buddy, a web-based brewery management platform designed to automate business to aid those brewing craft beers.
The launchpad competition is geared to promote, reward and increase the pipeline of high-growth, innovative ventures that have the potential to create and keep jobs in Alabama, the foundation said in a release.
The 11 companies were selected from among 20 startups by a panel of judges.
The teams will make their first pitch presentations on Jan. 23 at Evonik Industries, 750 Lakeshore Parkway, Birmingham.
The competition also includes seven startups from Birmingham, and one each from Huntsville and Mobile.
The Economic Development Partnership of Alabama is a non-profit that represents private sector efforts to aid economic development in Alabama. It is funded by 70 major companies and focuses on recruiting new businesses, retaining existing businesses and encouraging innovation within existing industries and through the commercialization of new technologies.
http://www.tuscaloosanews.com/article/20141217/NEWS/141219668/1291/www.tuscaloosanews.com
Two early-stage companies from Tuscaloosa are among 11 such state companies selected for the 2015 Alabama Launchpad Start-Up Competition.
The competition, sponsored by the Economic Development Partnership of Alabama Foundation, will award up to $250,000 to the winning companies to further their business development.
The Tuscaloosa companies are:
Conductive Chemistry, an affiliate of the University of Alabama that produces a new material with many of the electrical properties of platinum but is less than half the cost.
Brewery Buddy, a web-based brewery management platform designed to automate business to aid those brewing craft beers.
The launchpad competition is geared to promote, reward and increase the pipeline of high-growth, innovative ventures that have the potential to create and keep jobs in Alabama, the foundation said in a release.
The 11 companies were selected from among 20 startups by a panel of judges.
The teams will make their first pitch presentations on Jan. 23 at Evonik Industries, 750 Lakeshore Parkway, Birmingham.
The competition also includes seven startups from Birmingham, and one each from Huntsville and Mobile.
The Economic Development Partnership of Alabama is a non-profit that represents private sector efforts to aid economic development in Alabama. It is funded by 70 major companies and focuses on recruiting new businesses, retaining existing businesses and encouraging innovation within existing industries and through the commercialization of new technologies.
http://www.tuscaloosanews.com/article/20141217/NEWS/141219668/1291/www.tuscaloosanews.com
