Bob Starzynski
Bob Starzynski
03/20/2012

Advanced Energy – The National Dialogue

Last week I was in D.C. attending the first annual meeting of the Advanced Energy Economy (AEE), a new national association that “promotes a better business climate for all segments of the advanced energy industry and helps American companies and workers succeed as the world transitions to a smarter energy future.”   For the past two years IW has been helping to conceptualize and shape the AEE, and in that time, a lot has changed. “Green” and “clean”—two of the most widely used adjectives describing energy interests in the U.S.—have begun to lose their luster in some minds due to the decrease … Continue reading

Craig Gomulka
Craig Gomulka
02/02/2012

Investment Climate in Southwestern PA

As entrepreneurs discuss ways to capitalize their companies for sustainability and growth, the conversation often turns into how and from whom to obtain funding as well as the health of the region’s financing environment. To that end, the Southwest PA (SWPA) region is showing significant signs of growth not only in the levels of VC funding received but in the activity of our local and non-local angel investors.   Southwestern PA’s Fundraising Climate   In examining data supplied by Thomson One, we can be cautiously optimistic. Over the last few years growth in total investment dollars has been trending upward, … Continue reading

Innovation Works
Innovation Works
01/26/2012

Recent IW Companies in the News

Our companies are accomplishing some amazing things–and the media is taking note. Here’s a digest of some of the recent press within our portfolio:   Hands on With the World’s First Power Folding Stroller from 4Moms [VIDEO] Source: Mashable   Circadiance has big plans for 2012 Source: Pittsburgh Business Times   Cohera Medical heads into U.S. trials for its surgical adhesive, TissuGlu Source: Pittsburgh Business Times   DeepLocal is featured in CommArt’s “Fresh” section Source: Communication Arts   IB2C raises $4.3M series A; prepares fertility product launch Source: Pittsburgh Business Times   Digital signage company Industry Weapon has secret weapon: … Continue reading

Kathy Mitchell
Kathy Mitchell
01/17/2012

Human Resources Talent Initiative New Year’s Resolutions for IW and its Portfolio Companies

Hire the Disabled:  The Power of the Human Spirit Should Never Be Underestimated. As technology has allowed a highly mobile workforce, the ability for organizations to secure bright-minded and eager workers into the fold has never been better. Hundreds of people with disabilities are looking for jobs, including our returning troops from Iraq and Afghanistan. Let’s find them.   Emphasize Volunteerism: Give back to the community. Volunteerism is a simple way to reach out to the community and attract like-minded individuals. Would you like those people on your team?   Bend But Don’t Break: Don’t wait for Mr. or Ms. … Continue reading

Dave Mawhinney
Dave Mawhinney
01/09/2012

CMU’s Open Field Entrepreneurs Fund provides recent grads with early-stage business financing

I wanted to let you all know about an exciting new program at Carnegie Mellon that will be of great interest to our IW, AlphaLab, and i6 portfolio companies whose co-founders are recent graduates of Carnegie Mellon.   Carnegie Mellon’s Open Field Entrepreneurs Fund (OFEF) is a new, groundbreaking model for providing early-stage business financing to CMU alumni who are driving innovation. The OFEF is open to all CMU graduates from the past five years who have the desire to become entrepreneurs.   OFEF enables recent CMU graduates to follow their entrepreneurial dreams. We give them a viable alternative to … Continue reading

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