Gener8tor Launches Free Accelerator for WI College Startups | Xconomy
Summary
But gBETA will instead run six-week sessions during the spring, summer, and fall (following the academic calendar) that specifically target startups led by faculty, staff, students or recent graduates from Wisconsin universities and colleges. In its last two sessions, for example, companies like Stock Manufacturing Co., Project Foundry, Modern Movement, and Bright Cellars each already had hundreds of customers before going through the accelerator. Although Gener8tor won’t make any money off gBETA, the program could be a good way to keep a finger on the pulse of new ideas and technologies born on Wisconsin campuses. Brickerman and Woldt hold meetings twice a week with gBETA participants, offering business training services and connecting them with mentors from Gener8tor’s network. After the gBETA closing pitch event, the hope is that at least a third of the companies will go on to raise angel or venture capital, or get accepted into another accelerator program, Vosseller says.
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