AlphaLab is a nationally ranked early-stage startup accelerator based in Pittsburgh, PA. We are a charter member of the Global Accelerator Network (GAN) and one of the first ten accelerator programs worldwide.
UP TO $50K INVESTMENT
AlphaLab’s standard term is $25k for 4% equity upon entry. Following completion of the program, each AlphaLab company that raises at least $50K outside investment will receive a $25k convertible note.
We believe in the power of founding teams to build great companies. Over the 20-week program, scheduled educational sessions cover topics from customer validation to financing, all geared towards helping you build the best company possible.
Your company will benefit from the guidance of entrepreneurs, technologists and investors who have developed and launched products, raised capital and negotiated manufacturing and distribution partnerships.
UP TO $600K FOLLOW-ON FUNDING
Qualified AlphaLab alumni companies have the opportunity to raise additional capital from the Innovation Works seed fund. Innovation Works has invested in over 300 companies since 1999 .
Founded in 2008, AlphaLab has built an extensive alumni network that remains engaged with current AlphaLab companies. Offering expertise and experience, many return for educational sessions and one-on-one mentorship. Several high-growth startup companies that originated in AlphaLab include The Resumator, NoWait, Shoefitr, SolePower, BlackLocus and The Zebra.
Additional perks include:
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.
Help with finding an intern through connections with local universities, CMU, Pitt, Duquesne, etc.
Discounts on products and services essential to any startup like Amazon Web Services, Apple, Foundersuite, and ZipCar through our Global Accelerator Network membership.
Our kitchen is always stocked with lots of coffee, soda and snacks. We also order lunch a couple of times each week.
AlphaLab’s space offers companies both private offices and open workspace, ideal for collaboration.
Funds up to $50K
Funds16 startupsper year
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