Each year we prepare an internal budget for investing in companies based upon the outlook for our own funding from the Commonwealth of Pennsylvania and other sources. With this budget setting boundaries, we conduct: A rigorous review of the existing portfolio companies and their likely follow-on investment needs, The number…

When Innovation Works is the only investor, we invest in convertible notes. That means that when subsequent investors invest, we may convert our note into the security that the investor is purchasing, with a modest time-based discount to that investor’s share price, i.e., in the first year after the IW…

Initial investments are often in the range of $100,000-to-$150,000. The total amount of money that may be invested in a company depends on the company’s commercialization plans, the required finances, and whether IW alone, or IW in conjunction with other funding, will enable the company to make significant progress. We…

There are a few different ways to connect with the Investment team. Online: You can fill out our introductory questionnaire for Software, Hardware, or Life Sciences companies . This way we’ll have your information in our database. In-person: Meet our team at one of the many events we attend throughout…

Also known as the Innovation Investment Fund (IIF). We invest in technology-based companies that have the potential to make significant contributions to the regional economy – particularly job creation. [button button_text="Learn More" button_link="/programs/seed-fund/"]