University Of Alabama At Birmingham

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.