We envision a thriving and diversified economy that provides quality opportunities to people in all corners of our region and globe.

Founded in 2002, Idea Foundry is a Pittsburgh-based, non-profit economic development organization dedicated to job creation. With over 200 companies and projects in our portfolio that have generated over $1B in direct economic impact, Idea Foundry is a regional pioneer in hands-on business development, technology transfer, and global efforts.

Local business growth

Idea Foundry focuses on regional job creation by supporting innovation commercialization and business growth. Our model of hands-on business development coupled with a variety of investment vehicles allow entrepreneurs to develop and scale ideas into growing enterprises. 
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Global opportunities

We believe that global engagement solves local challenges more efficiently. Our global programs and initiatives support U.S. market exploration for foreign companies, global application for local innovation, and collaborative thinking with actors across the globe.
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Upcoming program deadlines

No upcoming deadlines!

Recent posts

Idea Foundry Hosts Virtual Innovation Bridge Program

Through continued support from the U.S. Embassy in Santiago and our new partner ChileGlobal Ventures, Idea Foundry hosted a virtual version of our Global Innovation Bridge Program for 10 selected companies in the ChileGlobal Ventures portfolio.

Covid-19 Portfolio Champions

With Covid-19 affecting just about all areas of life, startups are faced with changes to their market, team structure, and work environment. Despite uncertainties, a significant group of our portfolio companies have pivoted or focused their efforts on mitigating effects of Covid-19, across many sectors. Read more about their efforts here.

IF Team 2020 Reading Recommendations

Our team has shared books which we would recommend for the 2020 reading list of aspiring entrepreneurs, innovators and all the other movers and shakers we know.

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