We believe in the power of business to transform economies.

We believe in the power of entrepreneurship to enhance positive societal change and support thriving and diversified economies that provide quality opportunities to people in all corners of our region and globe.

Founded in 2002, Idea Foundry is a Pittsburgh-based global investor focused on social impact. With over 250 companies and projects in our portfolio that have generated over $1B in direct economic impact, Idea Foundry has always been a pioneer, from hands-on business development and technology transfer to economic connections between Pittsburgh and the world. 

Local business growth

Pittsburgh's economic transition over the last several decades has been strengthened by, and in turn, strengthens entrepreneurship and disruptive innovation. For the last two decades, Idea Foundry has been integral in strengthening Pittsburgh's entrepreneurship ecosystem. 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 opportunity

As entrepreneurship continues to become a global economic asset, we have found that collaboration across borders allows innovative solutions to make a more tangible impact in their respective communities. Our global reach includes foreign impact investment, soft landing services, "innovation seeding", and opportunities for knowledge-sharing and development with actors across the globe.
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Upcoming program deadlines

No upcoming deadlines.

Recent posts

Idea Foundry awarded Build to Scale Capital Challenge Grant by U.S. EDA

The U.S. Economic Development Administration, part of the Department of Commerce, has awarded Idea Foundry a $250,000, three-year grant through the Build to Scale Capital Challenge. The grant will support the creation of a southwestern Pennsylvania based angel investing initiative in cooperation with our implementing partner Babst Calland.

Global Fellows & Mentees

Over the last several months, Idea Foundry has wrapped up two virtual YLAI Fellowships, with Fellows from Ecuador & Colombia, as well as a mentorship program for entrepreneurs from Costa Rica.

Idea Foundry will Support Latin American Company, Silabuz, to Increase Access to Computer Science Education for Spanish-Speaking Youth in the U.S.

Silabuz, a company born in Peru and also incorporated in Chile and the U.S., will participate in Idea Foundry's Impact Innovations Accelerator program. Silabuz's mission is to break down barriers for Spanish speaking youth in computer science education.

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