Pitch Night at Advanced Innovation Program wraps up Year Three of WERCBench Labs
WERCBench Labs is an eight-week immersive program of the Midwest Energy Research Consortium (M-WERC) that brings together world-leading companies and educators that share a passion for making things. M-WERC just wrapped up Year Three of WERCBench Labs and we look forward to launching a new version of Year Four this summer and fall.
M-WERC punctuated Year Three of the program earlier this month with a “Pitch Night” event for members, stakeholders, and investors. Seven businesses in the WERCBench Labs Program pitched their companies to investors and companies in the industry. Investors from around the region and companies in the Energy, Power, and Controls sector attended the event. In addition to making their pitch, the WERCBench Labs companies displayed their products to view.
The seven businesses making pitches were: ARIS Technology – Chicago; Blue Line Battery – Whitewater, Wis.; Emergy Labs – Chicago; EW Panel – Madison; NovoMoto – Madison; Present Power Systems – Whitefish Bay, Wis.; and Switched Source – Detroit.
Among past participants of the WERCBench Labs programs, NovoMoto has reached the half-way mark on their goal for the year. EWPanel has pivoted and is now doing additional research in the medical device area. Switched Source has received investments and now controls all of their IP.
WERCBench Labs is housed within the M-WERC Energy Innovation Center, which hosts an ever-growing collection of state-of-the-art testing, prototyping, and small-scale production equipment. Several companies are seriously looking at running their operation in the EIC space after the most recent program ends. Program participants 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.
WERCBench Labs is looking for teams of engineers, scientists, and programmers across all funding stages. We will provide you access to unique production capabilities, including high performance computing, rapid prototyping facilities and small scale production and testing equipment. We will make an investment in your company of $20,000; $10,000 at the start of the program and $10,000 upon successful completion of the program.