WEDC awards $500K grant to Milwaukee seed fund for accelerator programs
Milwaukee was one of three economic development organizations to be awarded a matching grant from the Wisconsin Economic Development Corporation (WEDC), to be used to provide seed funding for technology-based startups and early-stage companies. The Milwaukee Development Corporation received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million seed fund to support companies in advanced manufacturing and other technology sectors. The fund will target seed-stage ventures, including graduates of local accelerator programs such as The BREW, WERCBench Labs, FaBCAP and Gener8tor to provide additional capital for activities leading to investment readiness or revenue...
Read More