Dear Block Competition Participants:
Mike Woycheck thought that some of you might be interested in applying for AlphaLab support.
“AlphaLab is the startup accelerator created by Innovation Works to help capital-efficient startup companies launch quickly and successfully.
Twice a year up to six companies in the software, web, mobile, entertainment technology, or hardware space are selected to participate in an intensive 20-week program. During these weeks companies will rapidly iterate on their products and work with mentors, advisors, and the AlphaLab team to hone their business models. The program culminates in the AlphaLab Demo Day: a chance for companies to pitch what they’ve been working on to angel investors, VCs, and press outlets from around the nation.
Companies receive $25,000 from Innovation Works in exchange for 5% common stock in their company. Innovation Works (IW) is AlphaLab’s parent organization and the Pittsburgh region's largest and most active seed-stage investor. Since 1999, IW has invested over $50 million in over 150 companies including ModCloth, Vivisimo, Bossa Nova, ShowClix, and Deeplocal.” From their website
We're quickly approaching the application deadline for the Summer/Fall 2011 session of AlphaLab! Applications are due on Monday, April 4th at 11:59 PM. You can find our application here: http://alphalab.org/survey_overview.aspx.
Due to an outstanding response to our previous office hours sessions, we're hosting a final day of office hours on Friday, April 1st at three locations. Each office hour reservation is for 20 minutes and allows interested entrepreneurs to ask questions about AlphaLab or talk about their product/concept. Note that the sessions can be done via Skype as well. Here are links and information about each session/location:
http://ohr.me/fqFi91 (9:00 - Kiva Han in Oakland)
http://ohr.me/giMFRi (11:00 - AlphaLab in the South Side)
http://ohr.me/egWe6E (2:00 - Coffee Tree Roasters in Bakery Square)
Please share this information with any interested students. If you have any questions please contact us at application [at] alphalab [dot] org. You can also follow our blog (http://alphalab.org/blog) or on Twitter (http://twitter.com/alphalab) for updated application and program information.
(AlphaLab is a catalyst for launching the next generation of software, entertainment technology and Internet-related companies. Created by Innovation Works (http://innovationworks.org), one of the nation’s most active seed-stage investors, AlphaLab provides funding, free office space, expert business advisors and services through 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. Several AlphaLab companies have received national attention by being featured in ReadWriteWeb, Black Entrepreneur, This Week in Startups, and CNET in addition to other web publications. AlphaLab is also now a charter member of the TechStars Network.)
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Thanks again,
-Mike
Mike Woycheck ::
Program Manager | AlphaLab
mail 2325 E. Carson St., Pittsburgh PA 15203
phone 412.535.8293 fax 412-535-8296