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Innovate Alabama and Harmony Venture Labs will launch new venture studio to enhance corporate-startup interaction

  • Corporate giants like Chick-fil-A, Home Depot, and Delta Air Lines are investing in a multibillion-dollar venture capital fund known as the Engage Program to support Atlanta startups.2
  • Alabama's startup scene received only $81 million in venture investment in 2024, significantly less than Georgia's $1.3 billion and Florida's $3.4 billion.1
  • The Engage Program, founded in 2017, serves as a capital resource for startups in Atlanta and is funded by 14 Fortune 500 corporations.1
  • Innovate Alabama and Harmony Venture Labs are launching a new venture studio to enhance corporate-startup interaction in Alabama.1
  • Corporate giants like Chick-fil-A, Home Depot, and Delta Air Lines are investing in a multibillion-dollar venture capital fund called the Engage Program to support Atlanta startups.
  • Alabama's startup scene received only $81 million in venture investment in 2024, compared to $1.3 billion in Georgia and $3.4 billion in Florida.
  • The Engage Program, founded in 2017, is funded by 14 Fortune 500 corporations and serves as a capital resource for Atlanta startups.

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