Organization launched Pittsburgh Startup Challenge

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OneValley, a global entrepreneurship platform that supports entrepreneurs, recently launched the Pittsburgh Startup Challenge.

Pittsburgh-based startups apply for a chance to share more than $50,000 in funding during the challenge.

Companies in all industries and stages of development can apply. The deadline is March 31.

The semi-finals will be held throughout May. Finalists will attend the grand opening of OneValley’s Innovation Center at Hazelwood Green during the summer and participate in a pitch challenge.

The challenge is the first step in OneValley’s Pittsburgh Entrepreneurship Platform powered by OneValley’s Passport. The platform is an online community connecting startups with business tools, investors, mentors, and other resources curated by experienced community managers.

“The Pittsburgh Startup Challenge kick-starts a coordinated effort to bring a connected, value-added support system to Pittsburgh’s entrepreneurs, including a new state-of-the-art OneValley innovation center in Hazelwood Green and access to the Pittsburgh Entrepreneurship Platform, an online community that will make it easier for Pittsburgh’s startups to connect with capital, customers and talent globally,” Nikhil Sinha, OneValley CEO, said.

The platform launches in April.

The Richard King Mellon Foundation provided a $500,000 grant to fund the platform’s creation, and East Liberty-based Ascender, an entrepreneurial hub, is a fiscal sponsor and local partner.