Milwaukee’s entrepreneurial landscape is vibrant, with numerous organizations dedicated to supporting startups and small businesses. These resources provide essential tools, mentorship, and funding opportunities to help local entrepreneurs thrive.
Metropolitan Milwaukee Association of Commerce (MMAC)
The MMAC has launched initiatives to promote startups and entrepreneurship throughout the Milwaukee region. Their mission includes creating awareness of available resources, building connections between established businesses and emerging startups, and elevating Milwaukee’s profile as an innovation hub. Key programs include:
- Venture Mentoring Service: Based on MIT’s model, this program matches startups with corporate mentors to provide guidance and connections.
- MKE Startup News: A platform that highlights entrepreneurial funders and founders reshaping Milwaukee’s economic landscape.
Greater Milwaukee Urban League (GMUL)
GMUL is committed to empowering communities through education, employment, and economic development. Their initiatives address workforce readiness, career pathways, and wealth building. Notable programs include:
- Entrepreneurship Connection: In partnership with Molson Coors and other organizations, this program offers business resources and networking opportunities. Participants have access to ‘The Lonely Entrepreneur,’ an online platform providing support in various areas to help grow their businesses.
University of Wisconsin-Milwaukee’s Lubar Entrepreneurship Center (LEC)
The LEC serves as a resource for entrepreneurs, innovators, and changemakers, offering programs and support to transform ideas into reality. Key offerings include:
- Milwaukee I-Corps™ Program: Open to faculty and students at five area universities, this program links new ventures and business mentors with academics to explore pathways for commercializing research ideas.
- Startup Challenge: A co-curricular program encouraging students to develop their ideas and launch businesses.
City of Milwaukee’s Growing Entrepreneurs in Milwaukee (GEM) Program
The GEM program consists of educational modules aimed at increasing participants’ knowledge and proficiency in entrepreneurship. Upon completion, participants receive the ‘ReDonna Rodgers Entrepreneurship Permit.’ Eligibility requirements include residing within Milwaukee, being under 18 years old, and providing proof of parent or guardian consent.
Wisconsin Economic Development Corporation (WEDC)
WEDC provides Entrepreneurship Partner Grants to organizations supporting Wisconsin entrepreneurs with technical and financial assistance. These grants assist organizations that offer training, financing, mentorship, and technical support to startups across the state.
By leveraging these resources, Milwaukee’s entrepreneurs can access the support needed to navigate the challenges of starting and growing a business, contributing to the city’s economic vibrancy and innovation.