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Office Locations:
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1500 First Avenue North
Birmingham, AL 35203
Phone: 205-250-8000
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Business Services
Information Technology
Life Sciences & Healthcare
Medical Device
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Innovation Depot is a business incubation facility and program that focuses on the development of emerging biotechnology/life science, information technology and service businesses. The incubator operates in partnership with the University of Alabama at Birmingham. A public-private economic development effort, Innovation Depot is funded by the Birmingham regional business community, UAB, the City of Birmingham, Jefferson County, and the Community Foundation of Greater Birmingham and other leading private foundations. The 140,000-square-foot facility houses over 100 tenants and offers flexible floor plans and shared conference rooms. Companies that reach 'Resident Mentor' status have reached a mature stage of growth and can provide additional guidance and support in a variety of ways to other companies at Innovation Depot.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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COMPANY STAGE | REVENUE |
Venture Capital | |
Seed Stage (includes "pre-seed," or concept stage) | No Revenue |
Early Stage | Minimal Revenue |
Growth Stage (also called Mid-stage) | $2M-$7M |
Expansion Stage (also called Late-stage) | $7M and greater |
Private Equity | |
Lower Middle Market | $10M-$249M |
Middle Market | $250M-$499M |
Upper Middle Market | $500M-$1B |
Large Cap | >$1B |
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