WBL companies begin second 8-week section of accelerator program
Program activities resumed on January 8 for the fourth cohort of the WERCBench Labs Accelerator, a program that was initially launched in 2015 to support start-up companies in the energy power and controls sector in Milwaukee.
Based on the “Lean Start-Up” Curriculum, the program identifies new entrepreneurs in the energy and engineering space and accelerates them to achieve success.
This fourth cohort completed the first 12-week phase of the program focused on customer discovery. The program resumed in January and will begin a second phase focusing on investor readiness. The program will conclude with the fourth annual Demo Day presentation and pitch night scheduled for March 5.
“The caliber of this year’s cohort of companies is one of the finest we’ve seen,” said WBL Managing Director Jacquin Davidson. Davidson continues to lead the accelerator working closely with a number of local and academic partners including UW- Milwaukee, Marquette and Cardinal Stritch.
Since the launch, more than $1.4 Million has been invested in companies and program;
29 start-ups in 1st three cohorts
26 start-ups still growing
2 start-ups purchased
Companies have generated over 100 jobs
Be sure to check out this article on a Jan. 16 Emerge event at M-WERC.