Each month, First Avenue Ventures is pleased to provide a round-up of news about Birmingham’s entrepreneurial ecosystem. Below, please find the latest news from area start-ups.
Linq’s CEO talks latest funding round, future plans (Birmingham Business Journal)
The Birmingham Business Journal talks with Linq CEO Elliott Potter about the company’s plans after closing a $2.5 million seed round.
Birmingham has one of lowest average ages of business in nation (Birmingham Business Journal)
The city of Birmingham has the second lowest average age of business in the country due to its high rate of start-up activity.
Birmingham startup Croux gets $1M pre-seed investment (Birmingham Business Journal)
Croux, a Birmingham-based start-up for on-demand staffing in the hospitality industry, discusses their plans after closing a $1 million pre-seed investment.
Birmingham startup raises $2M (Birmingham Business Journal)
CHIPS Act’s $500M Tech Hubs program has launched. Here’s who is eligible. (Birmingham Business Journal)
The Commerce Department’s Economic Development Administration is seeking applications for its Tech Hubs grant program, which hopes to create ecosystems of innovation in communities that have historically been overlooked.
High-end restaurant delivery service launching in Birmingham (Birmingham Business Journal)
Central Delivery, a delivery service for high-end restaurants, will be headquartered in both Memphis and Birmingham.
SBA rolling out a big change to its marquee lending programs (Birmingham Business Journal)
The Small Business Administration is making changes in order to increase the number of small-business loans and to streamline the organization’s lending programs.
Jefferson County commissioner named new Birmingham Business Alliance CEO (Birmingham Business Journal)
Steve Ammons, who recently resigned as District 5 commissioner, was named the new CEO of the Birmingham Business Alliance.
Slingshot rental company aims to boost Birmingham tourism (Birmingham Business Journal)
After a test run in 2022, Zip Trip, a rental service company, will allow drivers to rent three-wheel Polaris Slingshots to tour the city.
The startup grants you can apply for right now (Birmingham Business Journal)
The Birmingham Business Journal provides a list of grants currently open for applications from start-ups.
Tony Summerville steps down at Fleetio; new CEO named (Birmingham Business Journal)
Jon Meachin will now serve as CEO of Fleetio, a Birmingham-based fleet management software system company, as Tony Summerville, the founder, steps away from day-to-day operations in order to serve as executive chairman on Fleetio’s board of directors.