UWM’s new business incubator offers free help for maturing startups

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The University of Wisconsin-Milwaukee is launching a new business incubator formed through a partnership between UWM’s Lubar College of Business and Lubar Entrepreneurship Center (LEC).

The Business Innovation Incubator is helping 10 startups acquire the skills needed to move their ventures forward. UWM students, faculty, alumni and members of the broader community were invited to participate in the 11-month program. 

Entrepreneurs accepted to the program are expected to have completed basic customer discovery and to demonstrate that they have a strong business idea. The program offers $5,000 grants to each of the program’s ventures.

In the first half of the program, participants will attend weekly workshops through a course offered by the Lubar College and held in the LEC on campus. Workshops will focus on skill needs for individual ventures, from sales and intellectual property to customer discovery and prototyping a product at the UWM Prototyping Center at the Innovation Campus building in Wauwatosa. The program’s second component, beginning in the spring, will entail coaching and mentoring.

Read the full story on UWM’s website and coverage on MKEStartup.news. Photo courtesy UWM.

Original source can be found here.



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