76.8 F
Mobile
79.6 F
Huntsville
78.7 F
Birmingham
76.5 F
Montgomery

Innovation Portal, gener8tor partner for Gulf Coast accelerator

Year by year, Mobile is increasingly recognized for its dominance as a business and manufacturing hub supporting not only Alabama — but the global economy as a whole.

Gener8tor, a global venture firm and startup accelerator, announced a partnership with Innovation Portal, supported by the Innovate Alabama tax credit, to create the gBETA Gulf Coast to help small businesses and their founders take their companies to the next level.

According to gener8tor, gBETA is a free, seven-week, zero-equity accelerator that provides founders of early stage tech enabled startups with personal coaching and access to gener8tor’s network of mentors, customers and investors across the United States.

RELATED: Alabama solving manufacturing’s real estate problem

“Mobile, Ala. is the home to epic celebrations like Mardi Gras and the Senior Bowl, and is home for major industrial companies like Airbus, Austal, Outokumpu, AMNS, Mitsubishi Polysilicon, BASF, One Subsea, and many more,” said Todd Greer, Executive Director of Innovation Portal.

“Now with the launch of the gBETA Gulf Coast at Innovation Portal, we will be tying the entrepreneurial community of the Gulf Coast closer into the growing engine of Industry 4.0 which is shaping the future of work, globally.”

Applications for gBETA Gulf Coast are open now, and the program will kick off Feb. 29, 2024. Startup companies and founders interested in learning more about gBETA’s programming and resources are encouraged to apply and reach out to gener8tor.

RELATED: Innovate Alabama awards $9.3 million to first class of designees

Innovation Portal, a business accelerator serving the Coastal Alabama region, has supported the efforts of more than 400 companies since its founding in 2016.

Henry O’Connor, Innovation Portal Board Chair, was excited about the new program and partnership.

“Thanks to the Innovate Alabama Tax Credit program and our sponsors, Regions Bank, ALFA, and Alabama Power, we are able to bring this incredible program to the Gulf Coast region,” he said.

“We have been incredibly impressed by the work of gener8tor throughout the state of Alabama and the country at large, and delighted to partner with them and bring their proven track record to supporting ventures in this exciting program.”

Austen Shipley is a staff writer for Yellowhammer News.

Don’t miss out!  Subscribe today to have Alabama’s leading headlines delivered to your inbox.