We believe in the power of entrepreneurship.

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, non-profit economic development organization dedicated to job creation. With over 250 companies and projects in our portfolio that have generated over $1B in direct economic impact, Idea Foundry has always been a regional 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 2 decades, Idea Foundry has been immersed in strengthening Pittsburgh's entrepreneurship ecosystem, focusing 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 opportunity

As entrepreneurship has 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 programs include Soft Landing services and exploration of the U.S. market, global applications for local innovation, and opportunities for knowledge-sharing and development with actors across the globe.
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Upcoming program deadlines

No upcoming deadlines!

Recent posts

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.

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.

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