Milwaukee’s entrepreneurial landscape is vibrant, supported by a variety of organizations and programs dedicated to fostering business growth and innovation. These resources provide aspiring and established entrepreneurs with the tools and support necessary to succeed in today’s competitive market.
Greater Milwaukee Urban League’s Entrepreneurship Connection
The Greater Milwaukee Urban League (GMUL) offers the Entrepreneurship Connection, a program designed to support local entrepreneurs through business resources and networking opportunities. In partnership with Molson Coors and other local nonprofits, GMUL provides access to the Lonely Entrepreneur platform, offering comprehensive support to help businesses grow. Notably, 78% of participating entrepreneurs reported gaining new customers, and 66% increased their revenue. Learn more about the Entrepreneurship Connection.
UWM Lubar Entrepreneurship Center
The University of Wisconsin-Milwaukee’s Lubar Entrepreneurship Center (LEC) serves as a hub for innovation and entrepreneurship. The LEC offers programs such as the Milwaukee I-Corps™, which connects faculty and students with business mentors to explore commercialization pathways for research ideas. Additionally, the Startup Challenge encourages students to develop and launch their business ideas. These initiatives aim to equip participants with the skills and resources needed to transform ideas into viable businesses. Explore the Lubar Entrepreneurship Center.
BizStarts
BizStarts focuses on empowering individuals from underserved communities to pursue entrepreneurship and self-employment. Through the BizStarts Institute, participants receive education, coaching, and mentorship to build confidence and develop their business ventures. The organization emphasizes creating economic opportunities and fostering a vibrant entrepreneurial ecosystem in Milwaukee. Discover more about BizStarts.
Growing Entrepreneurs in Milwaukee (GEM) Program
The City of Milwaukee’s GEM Program is tailored for youth under 18, aiming to increase their knowledge and proficiency in entrepreneurship. The program consists of educational modules covering topics such as the basics of entrepreneurship and Milwaukee’s licensing regulations. Upon completion, participants receive the ReDonna Rodgers Entrepreneurship Permit, encouraging young individuals to explore entrepreneurial paths early on. Learn about the GEM Program.
Economic Trends and Support for Entrepreneurs
Milwaukee’s economy presents a stable environment for entrepreneurs. The Metropolitan Milwaukee Association of Commerce (MMAC) reports low unemployment rates and strong construction activity, indicating a resilient economic landscape. Additionally, the Wisconsin Economic Development Corporation (WEDC) has provided nearly $1.3 million in grants to organizations assisting entrepreneurs, highlighting the state’s commitment to supporting business development. Read more about WEDC’s support.
These resources and programs collectively contribute to a robust support system for entrepreneurs in Milwaukee, fostering innovation, economic growth, and community development.