More than 150 attend M-WERC Energy Innovation Center open house
Officials from the Wisconsin’s Economic Development Corporation (WEDC), the city of Milwaukee, and UW-Milwaukee all participated in the Midwest Energy Research Consortium’s (M-WERC) open house to celebrate the expansion of the M-WERC Energy Innovation Center. More than 150 participants toured the new space and learned more about M-WERC's strategic initiatives.
Participants were also able to visit with members of the businesses chosen for the fourth annual fall class of WERCBench Labs, once again lead by serial entrepreneur Jacquin Davidson and M-WERC Chief Operating Officer Jeff Anthony.
“WERCBench Labs has built a reputation as one of the region’s top accelerator programs for entrepreneurs to test their ideas and grow their businesses,” said M-WERC Executive Director and Chief Executive Officer Alan Perlstein. “This valuable program connects future companies with mentors to grow the region.”
The WERCBench Labs Accelerator is housed within M-WERC’s brand news Energy Innovation Center, which hosts an ever-growing collection of state-of-the-art testing, prototyping and small-scale production equipment. Program participants also have unparalleled opportunities and access to the leading companies in the world on energy, power and controls technology enabled by the M-WERC regional cluster of business and academic institutions.
This program of the Midwest Energy Research Consortium (M-WERC) is partially funded by the Wisconsin Economic Development Corporation (WEDC). Each business will receive a $20,000 grant and at the end of the program, an additional $20,000 in the form of an investment, using a royalty-based financing mechanism.
Read more about the startups chosen for the latest WERCBench Labs Accelerator program here.