Milwaukee recognized as a great place to start a business, especially in the Energy, Power, and Control sectors
Milwaukee is among the national leaders in places business startups want to go, according to a first-ever Surge Cities Index released this week and compiled by Inc. magazine and Startup Genome, an Oakland-based innovation policy company. Compared with the other 50 cities on the list, Milwaukee ranked No. 3 for net business creation, No. 8 for job growth, and No. 16 in early stage funding deals.
M-WERC is proud of Milwaukee’s national recognition and shares the fact-based conclusion that Milwaukee is a great place to start a business, especially in the energy, power, and control sectors.
M-WERC’s WERCBench Labs (WBL) Accelerator program has been on the forefront of generating new startups. Focusing on advancing technology and business models by providing a unique opportunity for start-ups to interact directly with highly experienced and technical professionals, M-WERC is proud to play a role in Wisconsin’s national ranking. Our WBL Accelerator program is interested in startups and early stage companies in the fields of energy, power, controls, ar/vr, robotics, drones, internet-of-things, and 3D printing. We’re also looking for companies that can have national or worldwide reach.
According to Inc.:
“At the center of this city’s building boom is the Milwaukee Bucks’ new arena, Fiserv Forum. Half a mile away sits the Pabst Brewery complex, which includes No Studios, a new 40,000-square foot artistic co-working hub with tenants like startup accelerator Gener8tor. Funding has been tough to come by here, but companies like Northwestern Mutual, which has its own venture fund, are helping turn it around. The latest challenge? Stemming the Millennial brain drain. Early this year, Wisconsin blitzed Chicago with a $1 million ‘Wisconsin. It’s More You’ ad campaign aimed at poaching young professionals.”
Last week, the Wisconsin Economic Development Corporation (WEDC) reported that Wisconsin ranks within the top 10 states in the country for 10-year business survivorship. Our WERCBench Lab Accelerator program has been excelling in startups in Wisconsin and throughout the Midwest. You can read more about that report here and review Inc.’s top 50 list here.