Q: Where did you grow up?
A: I was born in Columbia, Missouri and moved to Indiana, Pennsylvania when I was three. Most would say living 45 min east of Pittsburgh wouldn’t count as being a “Pittsburgher,” but after my decades here I’ve claimed the city and feel that the city has welcomed me as one of its own.
Q: How did you hear about Innovation Works?
A: I’ve always been familiar with Innovation Works from the various programs that nurture entrepreneurs to turn ideas into companies. Their work has always excited me over the years.
Q: What drew you…
Innovation Works is proud to announce our newest members of the AlphaLab and AlphaLab Gear accelerator programs. This is the first iteration of our new rolling cohort model, which allows us more flexibility to provide each company with specialized resources to fit their individual stage of development.
The following companies are experiencing the extensive support from our nationally ranked programs to develop their strategy to rapidly progress to the next level. Resources provided include financial investment, a network of experienced mentors, product development strategies, digital marketing techniques, customer acquisition approaches and the Scalable network of manufacturers.
Q: Where did you grow up?
A: Rennerdale, PA. It is a small town outside of Carnegie in Southwestern PA.
Q: How did you hear about Innovation Works?
A: When I was working with the Army Artificial Intelligence Integration Center, I found myself embedded within the supportive tech community in Pittsburgh. I heard that Innovation Works is a key member of the startup ecosystem and wanted to learn more.
Q: What drew you to work here?
A: The opportunity to help entrepreneurs achieve their dreams while promoting the city that I love. …
By Rich Lunak, IW CEO
I’m excited to share with you the news about our Chief Investment Officer. As many of you know, Gary Glausser retired after eight years as our CIO. Though we will miss Gary and all he brought to the role, it is with great pleasure that I introduce you to the next CIO for Innovation Works: Ven Raju. Ven is going to be a fantastic addition to our team.
Ven will lead the organization’s investment process, help portfolio companies achieve their fundraising strategies, and manage relations with angels, VC’s, corporates and other investors interested in potential…
By Rich Lunak, IW CEO
A career can’t be measured in sheer numeric achievement alone — a career is built of the relationships forged and real people impacted. That’s why it’s so easy to look at Gary Glausser’s career and call it a success.
Gary credits about 1,000 startup entrepreneurs that he’s directly worked with over his time as an investor that he has mentored, coached, and helped with fundraising expertise. That’s not to mention the hundreds of others who have been touched by his efforts to pioneer such things as the Three Rivers Venture Fair and all the programming Gary has created to bring tech entrepreneurs and investors together. After a lifetime of making these connections, Gary is retiring as the Chief Investment Officer of Innovation Works, and we will miss his creativity, drive, and passion for entrepreneurs.
By Jim Jen
I am very pleased to announce that Megan Shaw has been promoted to be Managing Director for Life Sciences/AlphaLab Health at Innovation Works. In this role, she will be responsible for leading our strategy, investments and programs in life sciences, growing upon the foundation that Larry Miller helped build.
As highlighted when we welcomed her to IW, Megan has a well-rounded perspective to building life science companies — ranging from leading a diagnostic company from product definition to exit, working with NIH and RADx to evaluate promising COVID-19 diagnostic technologies and assessing markets in strategy consulting and…
By Rich Lunak, IW CEO
In a recent meeting with one of the founders Innovation Works (IW) supports, I was asked “What’s new at Innovation Works?” When I described several new initiatives we’ve been working on this past year, the founder seemed surprised at the level of activity and scope of our work. As I thought about this reaction, I realized that in IW’s efforts to focus media attention and stories on the region’s startups, we have likely under-promoted our own efforts to support the region’s startup community. …
By Jim Jen
As many of you know, Larry Miller is retiring at the end of June after many years of incredible contributions to Innovation Works and the Pittsburgh life sciences community.
Larry moved to Pittsburgh in 2007, joining Innovation Works and bringing strong general management and sales leadership experience in medical devices, including at Picker International and Philips Medical Systems. During his time at Innovation Works, Larry has been an integral part of helping build the life sciences ecosystem here in Pittsburgh — leading almost 50 investments in the IW portfolio and helping them through stages of growth from proof of concept to acquisition. In addition, Larry has been an active member of the community — building relationships, making connections for companies, participating as a judge for startup…
A few months ago IW engaged a third-party market research firm to help Innovation Works anonymously collect demographic data on our portfolio company founders and CEOs. We believe that by asking our company founders to share how they identify, IW can gain valuable insight into who we are supporting and how we can best share our entrepreneurial services with the broadest audience.
Innovation Works’ programs, team and practices reflect our deep commitment to inclusive innovation and we would like to share the results with you. Though every individual response is kept confidential, we’ve compiled the aggregate data into an infographic…
We at AlphaLab and AlphaLab Gear believe that we should always give companies what they need, when they need it. So we’re making some enhancements to AlphaLab and AlphaLab Gear to make them more flexible and more accessible while continuing to provide the value these programs are known for: investment, deep one-on-one engagement, connections to our network of investors, mentors, partners, and customers, and tailored resources on topics such as sales, customer acquisition, business operations, and fundraising.
It’s easier than ever to apply to AlphaLab and AlphaLab Gear.
We’ve combined and simplified our application, asking only ‘need to know’ questions and assessing all companies — both hardware and software — via…
