Alabama tech companies can receive up to $250,000 in grant money through new program

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Alabama tech companies can receive up to $250,000 in grant money through new program
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Applications are due by 5 p.m. on Aug. 1 for the Innovate Alabama Supplemental Grant Program.

Alabama’s small tech businesses can apply for up to $250,000 in grant money through a new program from the Alabama Innovation Corp.

Alabama-based recipients of Phase I and Phase II Federal Small Business Innovation Research and Small Business Technology Transfer grants are eligible to apply. Phase I recipients are eligible to apply for 50% of their award, up to $100,000, while Phase II recipients can apply for 50% of their award, up to $250,000.Applications are due by 5 p.m. on Aug. 1, with award notifications for the first round of funding beginning Aug. 22.

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