The BREW Water Accelerator at Global Water Center Launches Third Round
This accelerator program debuted three years ago, with the purpose of investing in water startups with commercialization potential. BREW participants are given many benefits, one of which is receiving up to $50,000 in startup funding. The exchange? A small equity stake.
"Round three will begin in September. During the 12-month accelerator program, entrepreneurs will have access to: a suite in Milwaukee’s Global Water Center; business model and operations training from The Water Council and the University of Wisconsin-Whitewater Institute for Water Business; faculty and students from Marquette University and the University of Wisconsin-Milwaukee School for Freshwater Sciences; the Water Center’s Flow Lab; mentorship from water technology experts and BREW preferred partners; opportunities to attend conferences and pitch sessions with The Water Council; investment capital funding sources; pilot project funding; and a one-year membership to The Water Council."
Reed Hall, the CEO of WEDC, the state's leading economic development organization, believes that Milwaukee has transformed into a world leader in water technology. Efforts such as the Global Water Center have strengthened the city's reputation for innovation in the growing water technology sector.
"The Global Water Center has become a magnet, attracting over 14 startups in the water space who want to be close to the resources and energy," said Dean Amhaus, president and CEO of The Water Council. "Coupled with the number of large global businesses and academic presence, this provides a multi-faceted ecosystem for entrepreneurs to collaborate and grow their business."
To learn more about the Global Water Center, click here.