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A bureau within the U.S. Department of Commerce
OIE Background

Office of Innovation and
Entrepreneurship (OIE)

University Of Alabama At Birmingham


Birmingham, AL

Project Name

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



Award Amount

Federal Share

Non-Federal Share



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.