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X-WR-CALDESC:Events for Innovation Works
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DTSTART;VALUE=DATE:20210317
DTEND;VALUE=DATE:20210318
DTSTAMP:20241129T082504
CREATED:20210319T165759Z
LAST-MODIFIED:20210319T165759Z
UID:4174-1615939200-1616025599@www.innovationworks.org
SUMMARY:Report Launch: Investment in Pittsburgh’s technology sector
DESCRIPTION:Investment in Pittsburgh’s technology sector\n\n\nErnst & Young LLP and Innovation Works\, Inc. are proud to present our ninth annual review of Pittsburgh’s technology investment landscape. This report provides a comprehensive review of investment and exit activity in the Pittsburgh region from 2011 to 2020.\n\n\n\n\n\n\n\nThe year 2020 saw dramatic swings in regional investment trends as the COVID-19 pandemic led startups to raise funds to bolster their balance sheets and extend their runway. In total\, 171 companies raised $993 million\, a decrease from the almost $3 billion raised in 2019\, but reflecting the second-best investment year in the past decade. In the past 10 years\, nearly 600 unique Pittsburgh companies attracted a total of over $7.2b in investment.  \n\n\n\n\nThe local investment community stepped up\, with the help of the commonwealth of Pennsylvania (Ben Franklin Technology Development Authority)\, to support our vulnerable early-stage technology companies get through this pandemic. Taken together\, Innovation Works\, Birchmere Ventures\, Draper Triangle and Riverfront Ventures invested $5.25 million\, in addition to normal investments\, into regional startups as part of a pandemic relief effort. Additionally\, firms from outside our region are increasingly attracted by Pittsburgh’s growing reputation as a technology hub and further contributed to investment totals. Approximately 300 firms from around the world invested in Pittsburgh companies in the last five years\, including 42 making their first investment in our region in 2020.   \n\n\n\n\nThese firms were attracted by Pittsburgh’s regional strengths in artificial intelligence (AI)\, robotics and life sciences\, with autonomous vehicles and robotics continuing to draw the lion’s share of investment dollars (55%) in 2020.  Pittsburgh’s world-class technical capabilities and talent\, the $10 billion of university research over the past decade\, capital efficiency\, and $14.7 billion of exit proceeds over the past decade combine to make Pittsburgh an attractive destination for investors.   \nBoth Ernst & Young LLP (EY) and Innovation Works are committed to supporting entrepreneurial growth in the region. Tracking investment activity helps us begin conversations with new investors interested in regional deals\, informs local investors about our strengths versus other communities\, and chronicles what’s working and where we need to focus efforts. We hope this report provides you with useful insights into the state of the local technology community and venture capital ecosystem and inspires new ways to move it forward.   \n\nhttp://bit.ly/2020PghInvestment
URL:https://www.innovationworks.org/event/report-launch-investment-in-pittsburghs-technology-sector/
LOCATION:PA
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DTSTART;TZID=America/New_York:20210318T100000
DTEND;TZID=America/New_York:20210318T110000
DTSTAMP:20241129T082504
CREATED:20210319T164153Z
LAST-MODIFIED:20210319T164258Z
UID:4165-1616061600-1616065200@www.innovationworks.org
SUMMARY:Cafe IW
DESCRIPTION:
URL:https://www.innovationworks.org/event/caf-iw/
LOCATION:PA
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20210323T160000
DTEND;TZID=America/New_York:20210323T173000
DTSTAMP:20241129T082504
CREATED:20210319T163749Z
LAST-MODIFIED:20210319T163749Z
UID:4161-1616515200-1616520600@www.innovationworks.org
SUMMARY:Internship Fair
DESCRIPTION:
URL:https://www.innovationworks.org/event/internship-fair/
LOCATION:PA
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20210325T170000
DTEND;TZID=America/New_York:20210325T183000
DTSTAMP:20241129T082504
CREATED:20210319T164443Z
LAST-MODIFIED:20210319T164928Z
UID:4168-1616691600-1616697000@www.innovationworks.org
SUMMARY:Hardware Cup Consumer Products Competition
DESCRIPTION:Watch as 6 hardware startups pitch to VCs & investors for their shot at $50\,000!\n\n\n\n\n\nAbout this Event\n\n\nJoin us for the Hardware Cup Consumer Products Competition presented by AlphaLab Gear and Venture Cafe Philadelphia. \nWatch as 6 hardware startups pitch to VCs & investors. Winner gets: $3k cash and prizes\, and a chance to win the $50\,000 Grand Prize at the International Finals in May! \nEnjoy networking with our semi-finalists and other attendees after our winner is announced! \nSemi-Finalists: \nAugment Health \nBrelyon \nHardly \nPetal \nSpout \nZygo \nJudges: \nEva Doss of The Launch Place \nHarry Alford of humble ventures \nMona Kishore of Togo Group
URL:https://www.innovationworks.org/event/hardware-cup-consumer-products-competition/
LOCATION:PA
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20210326T233000
DTEND;TZID=America/New_York:20210327T000000
DTSTAMP:20241129T082504
CREATED:20210319T164716Z
LAST-MODIFIED:20210319T164737Z
UID:4170-1616801400-1616803200@www.innovationworks.org
SUMMARY:Applications Close for AI/Robotics Venture Fair!
DESCRIPTION:Applications close on Friday\, 3/26. Companies can apply by using this link: bit.ly/AIRVCAPPLY
URL:https://www.innovationworks.org/event/applications-close-for-ai-robotics-venture-fair/
LOCATION:PA
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