Scale Up Milwaukee, a multi-stakeholder effort helping support entrepreneurs at all stages to grow their ventures by stimulating a strong regional entrepreneurship ecosystem, has announced it is accepting applications for the second class of its Scalerator program – training designed to teach ambitious, local companies how to maximize their growth potential.
Following the success of the pilot program that saw 12 diverse Milwaukee ventures accelerate growth by close to 25 percent, the second Scalerator will comprise a larger group of ventures and will take place over a six-month period during which participants will take a deep dive into topics like sales and marketing, entrepreneurial finance, organizational structure and human resources. The Scalerator will systematically work with regional investors, banks, universities, and public sector stakeholders to support the growth in various ways.
“Over the last year, we’ve confirmed that this region is filled with growth-minded businesses that have enormous potential to scale and ultimately boost the Milwaukee community,” said Daniel Isenberg, Professor of Entrepreneurship Practice at Babson Executive Education and architect and facilitator of Scale Up Milwaukee efforts. “We’re looking forward to working with a new group of ambitious entrepreneurs and equipping them with practical skills that they can use to rapidly accelerate their growth.”
Interested businesses should have a strong ambition to grow and a scalable business model with annual revenues between $500,000 and $5 million. Businesses should also have an established leadership team that holds significant ownership of the company.
Applications are available online.
