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

  • Business Plan Consulting
  • Diversification

Financial Resources and Assistance

  • Accounting and Bookkeeping
  • Grant Funding

Manufacturing, High Tech, Life Sciences Development

  • Manufacturing Development

Marketing and Sales

  • Competitive Analysis

Mentoring

  • Peer Mentoring

Networking and Associations

  • Demographically Based

Space and Equipment

  • Lab Space
  • Office Space

Training and Education

  • Business Plan Training and Assistance
  • Hazardous Waste Generation Avoidance Training

Business Planning

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

Economic and Site Development

  • Economic Development

Events and Community Building

  • Hackathon / Startup Week or Weekends
  • Pitch Events

Financial Resources and Assistance

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

Human Resources, Workforce and Talent

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

Manufacturing, High Tech, Life Sciences Development

  • High Tech Development

Mentoring

  • Formal Mentoring Programs
  • One-on-One Counseling

Networking and Associations

  • Geographically Based
  • Industry Specific

Space and Equipment

  • Coworking
  • Makerspace / Hackerspace

Technical Assistance

  • Industrial Technology Research

Training and Education

  • Budget, Cash Flow and Financial Statements Training
  • Business Management Training
  • Trade Education and Training
Primary Contact
Jacquin Davidson
Address
4201 N. 27th Street
2nd floor
Milwaukee, WI 53216
Phone
(414) 444-8208