A new cycle for the 2021 Alabama Launchpad competition will begin taking applications in February.
The competition - a program of the Economic Development Partnership of Alabama (EDPA) - is aimed at growing entrepreneurship in Alabama. It awards seed money to startups to grow their businesses.
Seed money is given to those who introduce concepts for an invention and to a top winner. According to Alabamalaunchpad.com, the EDPA has invested more than $5.6 million in 100 startups throughout the state.
In March of 2020, Selma hosted the finale of Alabama Launchpad at Arts Revive.
CerFlux from Birmingham was the concept winner and was given $50,000 while the top winner was Ventorlux from Phenix City, given $100,000. One of the past winners was Robert Armstrong, owner of G Momma Cookies.
Applications open on Feb. 1 and will close on March 1. The finale will be held on May 13.