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Innovation Depot
AddedFeb 17, 2024
UpdatedJun 28, 2026
Innovation Depot

Innovation Depot

Innovation Depot: A year-long accelerator for startups, offering space, resources, and expertise in tech and biotech sectors in Birmingham.

HQ
Birmingham, AL, US
Founded
1986
Overview
Compare
Employees
Website

Innovation Depot is a technology center and business incubation program based in Birmingham, Alabama, focusing on emerging biotechnology/life science, information technology, engineering, and service businesses. Operating in partnership with the University of Alabama at Birmingham (UAB), it supports startups primarily through seed, pre-seed, and convertible note investments. The firm offers a year-long accelerator program providing space, resources, and expertise to early-stage companies.

Notable portfolio companies include Fledging, which has raised $1.1 million, and other startups like Backr, Covalence, and Healthfundit. Innovation Depot is led by key partners from the Birmingham regional business community and the Community Foundation of Greater Birmingham. Their investment philosophy centers on nurturing tech-enabled companies by providing essential tools and resources. Unique value-add services include office space, mentorship, and a robust network within the entrepreneurial ecosystem of Birmingham.

Innovation Depot - Similar Companies

Awesome logo

Awesome

awesomeinc.org

Acceleration Bay logo

Acceleration Bay

Innovation Depot - Quick Facts

Who are Innovation Depot's competitors?

Companies similar to Innovation Depot include Awesome and Acceleration Bay.

When was Innovation Depot founded?

Innovation Depot was founded in 1986.

Where is Innovation Depot's headquarters located?

Innovation Depot's headquarters is located in Birmingham, AL, US.

How many employees does Innovation Depot have?

Innovation Depot has 20 employees as of Feb 10, 2024.

Innovation Depot - Classification

NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 7300Business Services
Show 2 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541000Professional, Scientific, and Technical Services