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

Economic and Site Development

  • Economic Development

Business Planning

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

Financial Resources and Assistance

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

Human Resources, Workforce and Talent

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

Manufacturing, High Tech, Life Sciences Development

  • High Tech Development
  • Manufacturing Development

Marketing and Sales

  • Competitive Analysis

Mentoring

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

Networking and Associations

  • Demographically Based
  • Geographically Based
  • Industry Specific

Space and Equipment

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

Technical Assistance

  • Industrial Technology Research

Training and Education

  • Trade Education and Training
  • Budget, Cash Flow and Financial Statements Training
  • Business Management Training
  • Business Plan Training and Assistance
  • Hazardous Waste Generation Avoidance Training

Accelerators, Incubators, and Hubs

  • Accelerator

Events and Community Building

  • Hackathon / Startup Week or Weekends
  • Pitch Events

Accelerators, Incubators, and Hubs

  • Entrepreneurial Hub
Primary Contact
Jacquin Davidson
Address
4201 N. 27th Street
2nd floor
Milwaukee, WI 53216
Phone
(414) 444-8208