Innovation Works: Worthy of Note

Innovation Works (IW) is a Pittsburgh-based publicly funded venture capital organization that invests in technology startups in Southwestern Pennsylvania. This is an organization that is worthy of note by those developing venture and risk capital funds to spur economic development.

IW's mission is to increase the new enterprise success rate by providing the highest potential technology companies with access to risk capital, business expertise, and third party resources. Through a continuum of hands-on support, guidance, and investment, IW helps companies to maximize their chances to attract additional capital and achieve commercial success.

Who are some of the companies that IW has invested in? Here are a few examples:

* Bonecraft: Whose technology is revolutionizing the way physicians perform complex surgeries.

* Crystalplex Corporation (formerly Bioplex Corporation): Which offers drug and medical researchers unprecedented opportunity to multiplex the search for biological markers.

* Lifechek: which is a start-up medical device company, that has developed a wearable, accurate and cost-effective device for the measurement of human caloric expenditures.

* Mobot: which is creating the next generation of interactive technology within the field of mobile robotics.

* Sentek: a non-invasive diagnostic tool enables diabetics to continuously monitor their blood glucose levels.

* TissueInformatics: provides an integrated set of tools to capture, search, and analyze the rich data present in tissue.

These are just a few of the many investments made by Innovation Works.

To learn more, visit the organization's website.