About this programme
The Innovation Works Seed Fund is an equity investment program backing early-stage tech startups in southwestern Pennsylvania. It invests as early as the pre-seed stage and often through Series A, and provides capital, connections, and business support from experienced managing directors alongside the check.
Since 1999, the fund has invested $93 million across 372 companies, and Innovation Works says it's often the first institutional check for regional companies. It also offers follow-on investment specifically for AlphaLab graduates.
How it works
Initial investments run $150,000 to $250,000, with the ability to go up to $800,000 in total investment per company over time.
Who can apply
The company must be an early-stage tech startup based in southwestern Pennsylvania, with a scalable idea and demonstrated market opportunity.
Innovation Works looks for a dedicated, passionate team willing to work with mentors and use the resources on offer.
How to apply
- Apply for seed fund investment through Innovation Works' inquiry form.
Frequently asked
How much does Innovation Works invest?
Initial investments run $150,000 to $250,000, with the ability to go up to $800,000 total per company.
What stage does the fund invest at?
As early as pre-seed, and often through Series A.
Does the fund only invest in AlphaLab companies?
No, but it does offer follow-on investment specifically for AlphaLab graduates on top of its general seed investing.
Where does the company need to be based?
Southwestern Pennsylvania.
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Reviewed 2026-09-25. Programmes change, so check eligibility, amounts and deadlines on the official page before you apply. CapEasy is a private firm and is not part of any government body.