Deadline: Ongoing
Applications are open for the AlphaLab Accelerator Program 2024. The AlphaLab Accelerator has been tailored to every founder’s goals. After investing $100,000 in an early-stage software company, they help founders build a customized plan for their program.
Over the course of six months, founders receive tools and training to help refine their product, acquire new customers, and prepare for fundraising. Companies leave AlphaLab with a clear plan to reach their next stage of growth and receive ongoing support in a variety of ways.
Benefits
- Months one to three
- In the first half of their program, they lay the groundwork to achieve your goals
- $100,000 investment and 2% equity
- Introduction to their team
- Set goals and create a plan to achieve them
- Receive discounted tools and curated resources from the AlphaLab Toolbench
- Introductions to their network of alumni
- Review Product
- Deliver customer acquisition plan
- Months four to six
- In the second half of their program, they shift to leveraging what you built in Q1
- Leverage newly acquired tools from AlphaLab Toolbench
- Prepare for fundraising
- Vetted one-pager and investor presentation
- Introductions to investors and mentors
- Customized financial model
- Portfolio Showcase
- Ongoing Support
- They have a variety of ways to support you after AlphaLab ends
- Up to $800,000 in follow-on investment from the Innovation Works seed fund
- Continued access to the office space
- Invitations to portfolio programming and events.
Eligibility
They are looking for companies:
- in Machine Learning (ML), Mobile, SaaS, E-commerce, Enterprise Software, B2B eCommerce, Blockchain, EdTech, FinTech, Digital Health, Sports Tech, AI Infrastructure;
- located in Pittsburgh (United States), United States, North America;
- incorporated or not;
- idea, prototype, users or paying users stage;
- Angel, Pre-seed or Seed;
- have raised funding or not;
- currently raising or not raising funds;
- have revenue or not.
Application
For more information, visit AlphaLab Accelerator.