AlphaLab’s program is designed to accelerate your startup's path to product-market fit and traction.
How It Works
Twice a year we select on average 6-8 startups to participate in our intensive 20-week program. Our companies come from various sectors including web services, mobile, gaming, and IoT devices. During our program you'll rapidly iterate on your product based on customer feedback, you'll be challenged by your mentors, learn from fellow entrepreneurs, investors, and industry experts, and get introduced to Pittsburgh’s entrepreneurial network. At the end of the program you'll present your company to investors and media from around the nation at AlphaLab Demo Day.
AlphaLab transformed me from a guy with an interesting idea into an entrepreneur with an innovative product and growing business.
-Felix Lloyd, Skill-Life (acquired by BANCVue)
At 20-weeks, our program enables you to make significant progress on both the product and customer fronts before Demo Day. By limiting our cycles to less than ten companies, we ensure that your startup will get attention and hands-on support from the AlphaLab and Innovation Works team, your mentors and advisors, and the Pittsburgh business community.
Startups accepted into the AlphaLab program receive:
$25,000 in seed-stage funding
Upon signing, Innovation Works (AlphaLab’s parent organization) will make a $25,000 investment in exchange for 5% common stock in your company.
Mentors & Advisors
We’ll accelerate your learning and development by matching you up with entrepreneurs and industry experts specific to your sector. Our mentors and advisors have been in your shoes and have the first-hand knowledge to advise you on your product, marketing, and funding strategy.
Your company will also work with the AlphaLab team on a weekly basis. The team’s background launching successful software businesses and investing in technology startups is indispensible when helping you navigate through go-to-market plans, beta tests, fundraising strategies, and investor pitches.
Access to Innovation Works
As AlphaLab’s parent organization, your company will benefit from the extended network and expertise of Innovation Works (IW), one of the nation’s most active and well-respected seed-stage investors. Since 1999, IW has invested over $53 million in more than 160 companies who have gone on to raise over $1.3 billion.
Each week we will introduce you to business leaders, investors, designers, and developers from Pittsburgh’s entrepreneurial community. Through our educational sessions and the grassroots startup events we host like Open Coffee Club Pittsburgh, Innovation Happens and the IGDA Gamers Crawl, your network will continue to expand--an invaluable resource both during and after AlphaLab.
You'll receive an office in our 5,000 square foot facility and access to two conference rooms. Work alongside other startup companies in our collaborative workspace located on Carson Street in Pittsburgh’s historic SouthSide neighborhood. We are close to major bus lines and within walking distance to coffee shops, restaurants, and other startups. The neighborhood’s central location is just minutes from downtown Pittsburgh and major universities including Carnegie Mellon University and University of Pittsburgh.
AlphaLab also gives you access to
- Access to free and discounted legal services including a complimentary incorporation package through Cohen & Grigsby's AlphaLaw program
- Access to free and discounted accounting and tax services through Sisterson & Co.
- Funding to subsidize hiring an intern through Innovation Works’ Internship Program
- Discounts on products and services essential to any startup like Amazon Web Services, Apple, and ZipCar through our Global Accelerator Network membership