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University Of Alabama At Birmingham

Location

Birmingham, AL

Project Name

The University of Alabama at Birmingham (UAB) Proof-of-Concept Incubator

Program

i6

Award Amount

Federal Share

Non-Federal Share

$498,216.00

$498,754.00

This EDA investment will fund the creation of the University of Alabama at Birmingham (UAB) proof-of-concept incubator that will provide the facilities, training opportunities, guidance and funding access necessary for faculty, students and staff to launch and nurture start-up companies that will create jobs and enhance regional economic health. In seven years, UAB expects to support the formation of 35 new companies, of which 32 would target SBIR/STTR funding totaling over $10 million and creating 80 new jobs.

Office of Innovation and Entrepreneurship (OIE)

Accelerate R2 Network Challenge

National Advisory Council on Innovation & Entrepreneurship (NACIE)

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