ASBC provided a grant to Innovation Depot located in Birmingham, Alabama. Innovation Depot strives to be the epicenter for technology, startups and entrepreneurs in the Birmingham region. Through their programs, Innovation Depot provides entrepreneurs with a competitive advantage in attracting talent, mentors, press, customers, and funding to grow their business. This grant will allow the production of the Alabama Upstarts television show to be completed, as well as support the 2018 Velocity Accelerator Investor Demo Day event scheduled for April 23, 2018. The television show will be in the style of “Shark Tank” and will feature Alabama startup technology companies pitching to a group of investors at Innovation Depot within their Velocity Accelerator space. The investors will be investing real money in the startups should they feel compelled. In addition, a portion of the funding will be used to support the Demo Day Investor event on April 23rd. Both activities are designed to increase awareness of the entrepreneurial ecosystem and generate increased investment activity in Alabama.