* AlphaLab is a catalyst for launching the next generation of software, web, mobile and entertainment technology companies. Created by Innovation Works, one of the nation’s most active seed-stage investors, AlphaLab provides funding, hands-on business assistance, access to a network of entrepreneurs and expert advisors, and free office space as part of an intensive program in Pittsburgh. AlphaLab helps companies rapidly develop their technology, gain user feedback from early product releases, develop go-to-market strategies, and move toward successful commercial launch.
* As Innovation Works utilizes funds from the Commonwealth of Pennsylvania, each company receiving funding is expected to maintain a significant presence in Pennsylvania after the program (preferably Pittsburgh).
* Take 2 "classes" per year...one for Winter/Spring and one for Summer/Fall.