M-WERC and WERCBench Labs

Midwest Energy Research Consortium (M-WERC) is a nonprofit organization working in the Energy, Power and Controls sectors with the mission of conducting collaborative and transformative energy-related seed research. M-WERC has core mission areas of: Market Research, Talent & Development HUB, WERCBench Labs Accelerator and Technology Innovation.

About

The WERCBench Labs Accelerator is an entrepreneurial immersive technology program providing auniqueopportunityforstart-ups to interact directly with highlyexperienced professionals and coaches. The businesses go through a 16-week program, meeting weekly, and have accessto unparalleled expertise with our Member Companies in the world of Energy, Power and Controls. The classes offer seasoned instructors and educators, newly-created lab and prototyping facilities,small-scaleproductionequipment and office space for each business. They are each offered a grant of $20,000 and a Royalty Based Financing loan of $20,000.

The WERCBench Labs Accelerator program ends with the businesses pitching at DEMO DAY, and awards are presented for first, second and third place prize. 

New applications for the program are gathered from June through July. Successful candidates are informed in August and the program begins in late September.

2020 brings the start of a new Training & Development HUB to M-WERC. Training specific to the energy, power and controls related jobs.

Services Provided

Accelerators, Incubators, and Hubs

  • Accelerator
  • Entrepreneurial Hub

Business Planning

  • Market Plan Development
  • Feasibility Studies
  • Business Succession Planning
  • Market Research
  • Forming a Business
  • Business Plan Consulting
  • Diversification

Economic and Site Development

  • Economic Development

Events and Community Building

  • Pitch Events
  • Hackathon / Startup Week or Weekends

Financial Resources and Assistance

  • Debt Funding
  • Equity Funding
  • Government Funding
  • Venture Capital
  • Budget, Financial Statement and Cash Flow Training
  • Angel Investment
  • Grant Funding
  • Accounting and Bookkeeping

Human Resources, Workforce and Talent

  • Workforce Incentives
  • Workforce Training
  • Leadership/Professional Development
  • Apprenticeship
  • Employee Development

Manufacturing, High Tech, Life Sciences Development

  • High Tech Development
  • Manufacturing Development

Marketing and Sales

  • Competitive Analysis

Mentoring

  • Peer Mentoring
  • Formal Mentoring Programs
  • One-on-One Counseling

Networking and Associations

  • Demographically Based
  • Geographically Based
  • Industry Specific

Space and Equipment

  • Lab Space
  • Office Space
  • Coworking
  • Makerspace / Hackerspace

Technical Assistance

  • Industrial Technology Research

Training and Education

  • Business Management Training
  • Hazardous Waste Generation Avoidance Training
  • Budget, Cash Flow and Financial Statements Training
  • Business Plan Training and Assistance
  • Trade Education and Training
Primary Contact
Jacquin Davidson
Address
4201 N. 27th Street
2nd floor
Milwaukee, WI 53216