HUNTSVILLE, Ala. (March 6, 2025) – We hosted our pitch finale for the first cohort of the CRP DefenseTech Accelerator on March 6 and it was a phenomenal event. The four companies — SpaceFactory, 6th Dimension, BrakeSens, and Ethar pitched their products and technologies to a crowd of investors and local business leaders. They’ve each done a lot of work since December to get to this point and we’re so proud of them! Here are photos from the evening.
Our CRP DefenseTech Accelerator is in partnership with the Huntsville/Madison County Chamber, Cummings Research Park, and TrebleOne. Five local companies contributed tax credits to support this first cohort: Regions, Synovus, SimTech, Cepeda Systems & Software Analysis, and Signalink. Additional support is provided by Industrial Properties of the South. The Accelerator utilizes the Innovate Alabama Tax Credit program, which is a statewide initiative where Alabama companies and individuals with significant tax liability can allocate 50% of their taxes to stay local. This includes the Alabama income tax, state insurance premium tax, state public utility license tax, and state portion of the financial institution excise tax.
We are actively seeking funding for our second cohort, which will begin later this year. If you are interested, please email Erin Koshut: [email protected].
Click through the photo gallery below to see photos from the event on March 6.