AlphaLab alumni Accel Diagnostics, ComVibe, GenevaMars, NoWait and PHRQL were among the first companies to receieve $50K from Carnegie Mellon University’s Open Field Entrepreneurs Fund (OFEF)
AlphaLab and AlphaLab Gear are programs of Innovation Works (IW), the country’s 6th most active seed stage investor according to the 2015 PWC Moneytree report. Having a seed fund available for potential follow-on investment is an advantage for the accelerator companies, as is the team of IW experts who expand the mentor network supporting our companies.
AlphaLab Gear was designed from the ground up around the needs of Hardware startups. Our program length, small class size, and hands-on educational programming are designed to give your hardware startup the attention and assistance it needs to make significant progress on both your product and customer traction during the program.
Innovation Works is the Seed fund that may provide the next level of resources for the AlphaLab and AlphaLab Gear accelerator companies’ growth. IW fuels the technology economy in Southwestern PA through direct investments and business expertise. Every year, we help hundreds of entrepreneurs, researchers and small manufacturers to create new markets and change the world with their ideas and innovations.