The AlphaLab Health program helps companies navigate critical areas of company development. We guide participating companies in a structured approach designed to accelerate progress by offering the following resources:
AlphaLab Health (via IW and AHN) will invest up to $100,000 in the form of a convertible note and receive up to 2% common stock equity from participating companies.
Qualifying alumni companies have the opportunity to raise additional capital from the Innovation Works Seed Fund.
Allegheny Health Network will provide access to a built-in customer base, clinical and hospital expertise, and the opportunity to access clinical databases*.
Your company will benefit from the guidance of fellow entrepreneurs, technologists, and investors who have developed and launched products, raised capital, and negotiated manufacturing and distribution partnerships.
AlphaLab Health has an extensive network of investors, AlphaLab alumni, and corporate partners. Many of our companies find their first investors, customers, suppliers, advisors, and other partners through introductions from our network.
We offer office space as well as dry and wet lab facilities (CDC restrictions permitting). Our lab spaces are furnished with a suite of laboratory equipment including glassware, benches, fume hoods, and refrigeration.