Innovate Alabama Supplemental Grant Program

About

In July 2022, Innovate Alabama launched a supplemental grant program to provide additional resources to small businesses and university inventors who have an active Phase I or Phase II Federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grant.

The non-dilutive funding from the Innovate Alabama Supplemental Grant program presents a unique opportunity to recipients who do not have to exchange shares of their company for the grant. Previous scientific review and federally determined viability, value and scalability make investments in these businesses and their technologies possible.

Eligible applicants (all you dreamers, movers and shakers) have already proven your value and viability. Now it’s time for us to back you up with additional funding to help move your idea from concept to commercialization.

Economic Impact

Innovate Alabama has awarded more than $9.6 million in grant funding to small businesses and university inventors whose proven business models and technologies will help advance Alabama’s regional and national economic footprint.

Economic Impact

Innovate Alabama has awarded more than $9.6 million in grant funding to small businesses and university inventors whose proven business models and technologies will help advance Alabama’s regional and national economic footprint.

Use of Funds

Innovate Alabama Supplemental Grants are used to fund and advance research and commercialization efforts. The recipients can utilize these funds to support and grow their businesses in Alabama. Examples of eligible uses of funds include:

Use of Funds

Innovate Alabama Supplemental Grants are used to fund and advance research and commercialization efforts. The recipients can utilize these funds to support and grow their businesses in Alabama. Examples of eligible uses of funds include:


Grant Recipient Testimonials

“We appreciate the support of the State, the Innovate Alabama Board, its committee, and all the others involved in getting this program off the ground and successfully executed for the first round.  We are proud to represent the state of Alabama as we advance our health technology innovations around the world.”

“We are excited about this opportunity and look forward to helping cultivate the spirit of innovation and entrepreneurial awareness in Alabama, especially in underrepresented communities.”

“We are excited to continue building our company and helping contribute to the growing ecosystem of Alabama technology companies.”

Apply

The Innovate Alabama Supplemental Grant application for the third round of funding closed on Friday, June 30. Innovators and entrepreneurs, stay tuned for more information on the grant recipient announcement. Please direct questions to grants@innovatealabama.org.

Eligibility

If you have received SBIR/STTR Phase I awards, you are eligible to apply for 50% of your SBIR/STTR grant up to $100,000. If you have received SBIR/STTR Phase II awards, you are eligible to apply for 50% of your SBIR/STTR grant up to $250,000.

If you have not received SBIR/STTR funds from a federal agency, Innovate Alabama has partnered with BIO Alabama, Southern Research, HudsonAlpha, Innovation Depot and Innovation PortAL to host a virtual workshop to teach small businesses how to apply.

We hope you will take advantage of this free resource to learn from the experts about application best practices.

Innovate Alabama and BIO Alabama are also hosting an in-person SBIR Training at 10 a.m. on Tuesday, Aug. 11 at Innovation Depot. Register at the link below!

Register Here

Apply Here

Contact Us

Are you interested in learning more about Alabama’s innovation ecosystem? Do you have an idea about how we can further innovation in the state?
We encourage you to share your questions, comments or ideas with us here.