AlphaLab was founded in 2008 by Jim Jen to help startups develop and launch their products, grow their customer base, and secure venture capital funding.
[1] The specific amount of funding provided by AlphaLab is up to $100,000, depending on the startup's needs and stage of development.
The accelerator is a subsidiary of Innovation Works, which receives funding from the state of Pennsylvania for economic development.
AlphaLab’s curriculum is built around three principles that they call "the 3 Cs": Customer, Capital, and Community.
In the past, the collective AlphaLab has hosted a Demo Day to showcase the latest technology produced by their startup cohorts.