This iconic Pennsylvania institution has been taking startups from great idea to thriving company since 1983, contributing billions to the state's economy. Check out four businesses — one for each of BFTP's regional headquarters — taking advantage of its incubation and acceleration resources to thrive, whether developing next-generation pregnancy tests, fighting bedbugs or saving lives with stroke prevention.
4moms uses robotics and technology to make their inventions simpler and safer. From a self-installing carseat to a magnet-centric high chair, their products have one goal in mind: giving parents what they want.
Companies working on a physical product are often underestimated by investors. This event at AlphaLab Gear (April 19-20) looks to change that by highlighting up to a dozen startups from across the globe, and introducing them to Steel City in the process.
Looking for home automation without the need for complex smartphone or wi-fi solutions? Mike Neilson's product allows users to easily change which outlets are controlled by existing wall switches, or to control a group of outlets with a single switch. A Kickstarter campaign is currently underway to bring Switcheroo to market.
Across the state, the task of helping communities thrive financially, socially, architecturally and culturally is passing to a new generation. And if the five women under 40 profiled here are representative of that next wave, Pennsylvania is in good hands.
In 2012, new legislation finally created a legal framework for crowdfunding, making investing in high-potential startups accessible to everyone. Frank Demmler, Innovation Works' Vice President of Entrepreneurial Services, discusses the changing landscape.