AlphaLab Incubator Opens in Pittsburgh
May 30, 2008
AlphaLab, a new facility for startup software and Internet companies has opened on the south side of Pittsburgh. AlphaLab is affiliated with Innovation Works and will focus its energies on startup software, internet and gaming companies. Companies will receive $25,000 and AlphaLab will assume a 3% ownership stake. The 5,000 square foot space can house up to 12 companies each year, and will begin accepting applications for the second session in the early Fall.
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