August 2023 Group Watch: Innovate Alabama Awards Millions to AL Small Biz
Innovate Alabama awarded more than $2.1 million to 15 small businesses in its third round of supplemental grants. Entrepreneurs who have received Phase I or Phase II SBIR or STTR grants received up to $250,000 of supplemental funding to support the growth of their small businesses. The businesses selected in this round are in Auburn, Birmingham, Huntsville and Prattville and are: Alveolus Bio, Analytical AI, Archarithms, CFD Research Corp., EngeniusMicro, Fagan Consulting, IERUS Technologies, 3-Tech, Outpost Technologies, Quadrus Advanced Manufacturing, Research in Flight, Summit Information Solutions, SemanticGuard, Xplosion Technology and Zeus Research and Technology.