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gBETA Milwaukee Accelerator for Early-stage Companies in Wisconsin

Contact for amount
Closed
WI
Grant Description

Gener8tor invites applications for gBETA Milwaukee, a free, seven-week accelerator program designed to support early-stage companies with local roots in Milwaukee, Wisconsin. This program runs multiple times annually, selecting up to five companies from a diverse range of verticals. The grant aims to foster entrepreneurial growth and development within the Milwaukee community, aligning with a mission to empower nascent businesses and prepare them for future investment or seed funding rounds. The primary beneficiaries of the gBETA Milwaukee program are early-stage companies based in Milwaukee, ranging from those with initial ideas to those with significant revenue. While most participating companies are post-product and pre-scale, the program is open to any business ready to grow and commit approximately five hours per week to programming, plus additional time for business development. The impact goal is to significantly accelerate the growth and investor readiness of these companies, ultimately contributing to the economic vitality of Milwaukee by nurturing local innovation. The program's priorities and focuses are centered on individualized coaching and mentorship, investor readiness, and access to valuable resources. Participants receive expert guidance from gener8tor on company growth, weekly "Lunch & Learns," "Mentor Swarms," and opportunities for investor and accelerator pitches. A key focus is to equip companies with the skills and connections needed to secure over $1 million in deals and perks from vendors such as IBM Cloud, Rackspace, Amazon, and Microsoft. The expected outcomes include graduates successfully participating in investment accelerators or raising seed rounds. Measurable results are tied to the number of companies selected, the amount of deals and perks received, and the subsequent investment success of the alumni. The foundation's strategic priority is to build a robust ecosystem for early-stage companies, and its theory of change posits that by providing intensive support, mentorship, and connections, these companies will be better positioned for growth, investment, and long-term success, thereby stimulating local economic development.

Funding Details

Award Range

Not specified - Not specified

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses

Additional Requirements

Based in Milwaukee

Geographic Eligibility

Milwaukee

Key Dates

Application Opens

June 3, 2024

Application Closes

August 19, 2024

Contact Information

Grantor

Gener8tor

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Categories
Business and Commerce