AlphaLab in Pittsburgh has now joined yCombinator and TechStars as a startup launch program. AlphaLab’s deal is a bit more enticing since you receive $25,000 for only 3% equity in the company. TechStars takes 5% equity in your company for $15,000 and yCombinator gives you $15,000 for about 6% if you have 2 founders.
From a pure money standpoint AlphaLab has the best deal. Your startup will also receive services, advisors and office space in Pittsburgh, Pennsylvania. The location is probably the biggest drawback.
The deadline for the Summer/Fall program is March 31st.
