Alabama Launchpad: Social Impact Competition Finale

600 18th Street North,Birmingham AL 35203

08 December, 2022

Description

A grand total of $75,000 is at stake for five concept stage and five seed stage finalists, chosen from startups across Alabama. Over the past few weeks, 10 startup finalists were chosen to compete for the first statewide Alabama Launchpad Social Impact Competition, presented by the Alabama Power Foundation. These companies will showcase their carefully crafted pitches at the finale, having learned from and worked alongside an all-star lineup of Launch Advisors to further product development and elevate their business models. It all comes down to this. Each company will take the big stage to prove its mettle in front of the panel of judges. Ready to watch these companies showcase their startups? It's all taking place at the Alabama Launchpad Social Impact Competition finale. Alabama Launchpad helps high-growth companies start, stay and grow in Alabama while supporting, advocating and recognizing entrepreneurship statewide. Alabama Launchpad is a program of the Economic Development Partnership of Alabama. Alabama Power Foundation is guided by the mission to elevate the state and to improve the quality of life for Alabamians - committed to empowering communities and bridging the gaps of inequity to create a better Alabama for all. Location: Alabama Power Company Auditorium Alabama Power 600 18th Street North Birmingham, AL 35203 The five concept stage finalists competing for $25,000 are: Monthly: Monthly makes gender-inclusive, sustainable and price-accessible menstrual underwear for all people with a cycle. It is a social enterprise business that contributes a percentage of profits to charities fighting period poverty in the South. Rachel Fry: Rachel Fry Consulting is focused on helping lawyers be successful. Through clinical psychology work with hundreds of lawyers, the company has identified "gap" areas and teaches essential tools needed to thrive in the legal profession. Oasis: Oasis Family Birthing Center aims to reduce poor maternal health outcomes for low-income women and birthing people of color in Alabama by increasing access to comprehensive midwifery care. OMNIS: OMNIS is a financial services app for the unbanked and underbanked to allow access to capital and building credit. The company is currently partnered with First Independence Bank, GreenWood, Regions, Wells Fargo and Bank of America, as well as with nonprofit, Care International. Generational Systems: Gene-Sys is developing the world's first low-cost metal 3D printer that even a private individual could own. While most metal printers are expensive, hazardous and difficult, the technology provides an affordable, safe and easy-to-use option for anyone to own and operate. The five companies in the early seed stage, who will be competing for $50,000, are: Pearl’s, LLC: Pearl’s has identified an effective way to train and employ a marginalized community: students with disabilities. Through its pop-up restaurant, which serves breakfast, brunch and lunch, Pearl’s is showcasing the results of its approach in workforce development. Reboot Reforestation: Reboot Reforestation uses drones to plant trees, deliver herbicide and monitor ecosystems faster, more affordably and with less labor than our competitors. The company utilizes drones to deliver proprietary seedballs to restoration areas to plant longleaf pine trees. Smart Solutions: Do you believe that individuals with disabilities should be able to live a barrier-free life? This company, Smart Solutions promotes independent living using smart home technology, creating a pathway to autonomy! VB Ideas: SCHOOLS provides coaching and a roadmap to success in ACT and SAT scores, so each person can achieve the level they need to pursue the goals they desire. Kaya: Kaya is building the next generation of workplace mental health culture. The company is changing how workplaces access mental health services through group care that is more accessible, affordable and inclusive.