A quick primer on potential funding and/or support sources for your start-up.
Just click the different categories below to see more.
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Inventor Funding
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Blazer App Accelerator
The Blazer App Accelerator will help potential UAB software and app creators validate ideas that are ready for further funding.
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Blazer Bridge Fund
The Blazer Bridge Fund is intended to identify and assist in the development of promising ideas, discoveries, innovations, and/or technologies from UAB faculty and staff that have commercial potential.
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NIH/NHLBI Catalyze Program
The NIH/NHLBI Catalyze Program provides funding to help facilitate the transition of basic science discoveries into viable diagnostic and therapeutic candidates cleared for human testing. The Catalyze website has a page highlighting current funding opportunities.
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Blazer App Accelerator
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Startup Funding Sources
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Federal Grants
- SBIR/STTR Funding through the U.S. Small Business Administration: The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are highly competitive programs that encourage domestic small businesses to engage in Federal Research/Research & Development (R/R&D) with the potential for commercialization. Through a competitive awards-based program, SBIR and STTR enable small businesses to explore their technological potential and provide the incentive to profit from its commercialization. For more information on the SBIR/STTR programs, go to America’s Seed Fund website.
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Local Venture Funding
- Alabama Capital Network: A community economic development organization facilitating growth in Alabama’s entrepreneurial ecosystem. ACN supports Alabama’s most promising innovators through a member network of entrepreneurs, investors, advisors, service providers, and corporations. See the opportunities available through ACN.
- Alabama Futures Fund: A seed-stage venture capital fund focused on supporting and growing entrepreneurial activity and economic development in Alabama. Find more info on funding for early-stage start-ups.
- First Avenue Ventures: A private incubator dedicated to growing Birmingham organizations. The organization helps local entrepreneurs and start-ups with strategy, accountability, marketing and financing. Explore FAV’s resources.
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Federal Grants
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Local Accelerators & Incubators
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Boost (Innovation Depot)
Boost is for startups working on or with a minimum viable product (MVP) who are ready to scale and grow.
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Bronze Valley
Bronze Valley, a non-profit, early-stage venture investment platform supporting high-growth innovation and technology-enabled companies, is part of Gener8tor, a national start-up accelerator company.
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CO.Starters
CO.Starters aims to equip new entrepreneurs with the tools needed to turn business plans into action using lean business model methods.
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HICA Community Economic Development Program
The HICA Community Economic Development Program provides resources for Latino and immigrant families interested in small business development, micro-lending, and women-led entrepreneurship.
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Innovate Alabama
Innovate Alabama, Alabama's first statewide public-private partnership focused on entrepreneurship, technology and innovation, has programs specifically focused on providing enterpreneurs with inventives and resources to help grow their businesses.
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Magic City Match
Magic City Match provides access to capital, coaching, and market opportunities for Black businesses in Birmingham.
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Prosper HealthTech Accelerator
Prosper HealthTech Accelerator works to further equity in health tech, with a particular focus on Birmingham’s Black community and/or women.
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Station 41 Accelerator
The Station 41 Accelerator, based at Southern Research, provides non-dilutive funding to advance new drug, biologic, or diagnostic products.
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Station 41 Incubator
The Station 41 Incubator provides state-of-the-art biotech lab space and equipment for life science companies.
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Station 41 Therapeutics Development Fund
The Station 41 Therapeutics Development Fund provides technical and entrepreneurial support for companies advancing preclinical products.
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Techstars Alabama EnergyTech Accelerator
Techstars Alabama focuses on start-ups addressing innovative electrical and utility solutions.
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Vision ID (Innovation Depot)
Vision ID is a free 7-day online course to help prospective entrepreneurs understand how to launch a start-up or small business.
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Voltage (Innovation Depot)
Voltage is a part-time incubator, a six-week program that helps founders assess the viability of their start-up ideas.
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Boost (Innovation Depot)