The Work Index by Flexa

Innovation Works

Innovation Works is a non-profit organization that invests in and supports early-stage technology companies in Southwestern Pennsylvania.

https://www.innovationworks.org/
4.6

/10

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Description

Innovation Works is a non-profit organization dedicated to supporting technology startups in Southwestern Pennsylvania. They provide funding, mentorship, and resources to help early-stage companies grow and succeed. Innovation Works operates a variety of programs, including accelerators for software, hardware, and life sciences startups, as well as a seed fund that invests directly in promising companies. They also offer workshops, networking events, and educational resources for entrepreneurs.

Innovation Works is committed to fostering a diverse and inclusive startup community. They actively encourage women, minorities, individuals with disabilities, and veterans to apply to their programs and actively work to create a welcoming and supportive environment for all entrepreneurs. Their efforts to cultivate a robust startup ecosystem have helped to make Southwestern Pennsylvania a hub for innovation and economic growth.

Mission

Innovation Works is a non-profit organization dedicated to investing in the people and businesses that drive innovation and propel Southwestern Pennsylvania's economic growth. They provide funding, resources, and mentorship to early-stage technology companies across various sectors, including software, hardware, life sciences, and robotics. Their goal is to help startups get to the next stage of growth, creating jobs, wealth, and a thriving startup community in the region.

Social impact led
Tech for good

Culture

Innovation Works cultivates a collaborative and supportive culture, valuing diversity and inclusion. They foster a sense of community, encouraging open communication, mentorship, and networking among their team, portfolio companies, and the broader entrepreneurial ecosystem. The company promotes a work environment that emphasizes growth, learning, and tackling challenging problems, with a commitment to helping startups thrive and make a positive impact on the region.

Entrepreneurial

DE&I

Innovation Works is committed to fostering diversity, equity, and inclusion in its programs, investments, and partnerships. It has made diversity a key operational and programmatic goal, seeking out diverse voices on its team, board, and mentors. They've conducted surveys to assess the demographics of their portfolio companies and have developed guidelines for events to ensure greater representation of women, minorities, and underrepresented groups among speakers, panelists, and attendees. They also promote diversity and inclusion in its hiring practices and are committed to supporting startups led by women and people of color.

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