Cardinal Wuerl North Catholic’s AP Computer Science Principles class recently toured the offices of Ascender in Pittsburgh. Ascender is the next step in evolution of venture capitalism growing out the work the company did under the name Thrill Mill. Instead of merely providing funds for companies to begin work on making a viable product, Ascender takes this much farther. In addition to capital, they provide everything from mentoring and leadership to office space and team building resources. Moreover, they are continuing to find ways to do so much more.
Leading the tour was Jennifer Sharpe, Program Manager for Ascender, who also gave an informative and stimulating presentation on everything that Ascender does to help make STEM based industry in the city of Pittsburgh grow. As a part of the presentation, she had the students participate in an exercise mirroring the process by which companies are selected for Ascender’s incubation chamber. The students were given three pitches by various potential companies, including team members, and the product idea. After careful consideration, the determination had to be made as to which idea was most viable to make a profit.
Jennifer also included information on “Thrival,” Ascender’s yearly music festival and innovation conference. Part of the mission of Ascender is to help usher in a new wave of modern industry. By converting an old Steel Mill into a place where people can come together with new ideas, Ascender is poised to help bring Pittsburgh into the here and now of STEM industry.
After the presentation, the students were able to walk around and see first hand the office space and workstations the ascender has to offer, as well as a few of the companies currently utilizing Ascender’s services to make their dreams a reality.