Innovation Works

IW News

DCED Announces Next Phase of Innovate in PA Tax Credit Program


DCED announced the Innovate in PA program has selection Atex Petros Holdings LLC to sell $100M in insurance premiums tax credits to generate revenue for programs and initiative supporting PA’s entrepreneurs and start-up businesses.

Read more in PRNewswire

Carnegie Mellon and Pittsburgh Site by the River


“Innovation Works raises $24M for new fund Riverfront Ventures from investors including Carnegie Mellon and Pittsburgh Universities.” 

Read more at Global University Venturing

Pittsburgh entrepreneurs, investors celebrate wins


This year’s 3RVF was the largest fair in the organizations history, with more than 150 investors and 42 featured companies.

Read more in the Pittsburgh Post-Gazette

Carnegie Mellon hopes vehicle will drill on moon


The CMU Robotics Institute and the spinoff firm, Astrobotic Technology Inc., hope to launch the Polaris prototype on a rocket bound for the moon in October 2015.

Read more and watch the video at WTAE-TV

3 Rivers Capital Fair at Heinz Field brings investors, startups together


“Pittsburgh is increasingly becoming a Midwest magnet, offering a slower, more deliberate pace of deal-making for investors looking for new companies with big ideas, say startups and investors.”

Read more in the Pittsburgh Tribune-Review

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Innovation Works is the Ben Franklin Technology Partner of Southwestern PA and is supported by the Department of Community and Economic Development.

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