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Madworks is a seed accelerator operating in Madison, Wisconsin that provides grants, mentors, lean startup methodology, structure, access to next-round finance and much, much more to selected early-stage companies.
The mission of Madworks is to help you succeed. Do your potential customers believe your idea is good and solves a real problem? Do they want it and will they pay for it? Following lean startup methodology, startups are encouraged to “build, measure, learn” as quickly as possible. We look for the best people with the ability to turn ideas into companies. We’ll provide you with capital and office space and surround you with fellow entrepreneurs, mentors, industry experts, service providers and anyone else you need to get off the ground and grow. This happens during a high-energy, 10-week program.
Madworks accepts early-stage companies created by UW-Madison faculty, staff, alumni and students, as well as early-stage companies from the greater Madison community.
NOW ACCEPTING APPLICATIONS THRU 9/15.
APPLICATION FOR FALL 2015
Schedule for Fall 2015
Madworks will offer a fall program starting Wednesday, September 23 from 5 p.m. to 9 p.m., and then Wednesdays through December 2nd from 4 p.m. to 6 p.m.
- Founding team MUST participate in boot camp for accepted companies to be held September 23rd from 5 to 9 p.m.
- Founding teams to meet in Madison from from 4 to 6 p.m. on Wednesdays beginning September 30th and ending December 2nd.
- Participating teams to meet at 1403 University Avenue in Madison, WI.
- Individual company weekly milestones set on mutual agreement between founding teams and Madworks staff in weekly 1/2 hour meetings, which will be held at a mutually agreed upon time
- Ten-week commitment
- Up to $5,000 in grant and expense funding per participating team
- Using lean startup methods, participating teams will accelerate their understanding of marketplace needs and viability for their product
- Refine your pitch
- Identify next-round funding where appropriate
- Find additional mentors/advisors/resources
- Part-time program; participating teams are expected to spend 20 hours per week
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STEMhero empowers students as authentic engineers and scientists, leverging utility data they collect to close the STEM gap and solve the water/energy crisis.
Entolution will be an industrial-scale food processing business creating a cheaper food-grade cricket meal (whole crickets milled to a fine powder) sold B2B to a growing number of food startups using the ingredient in their products.
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Shepherdband takes the stress out of knowing that the people in your care are within a known distance and enables you and them to interact with one another unobtrusively.
Footsy LLC creates a shower tool for the geriatric and limited mobility population to help with foot cleaning by focusing on preventative foot care and fall prevention.
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Concinnity calculates the quality of care that physicians provide, so that physicians who provide better care can get paid more.
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The Other Side LLC: golf maintenance products for improved greens quality.
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Serving Earth is seeking to create a durable, reusable, food-to-go box made out of post-consumer recycled material to replace disposable boxes in university dining halls, business cafeterias, and restaurants.
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TabSynth transforms the design, manufacture, and assembly of flat-pack structures by removing the fasteners, tools, and adhesives.
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CleMetric is a software company that combines the power of Big Data, stream computing, machine learning, data management, and visual discovery to deliver advanced predictive data analytics solutions for medical research, healthcare operations and health insurance.
ConfPlus provides a mobile solution that distributes event information, facilitates communication and networking to improve the overall participating experience at professional events. The interactive and trackable mobile advertisement can help event sponsors effectively showcase their brand, generate leads, and promote sales.
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Meet the Team
The responsibilities of MWC’s management team is divided into four areas.
Anne Smith is in charge of developing and implementing the MWC training curriculum. She identifies and contracts with training partners and tracks the progress of companies as they go through the 10-week process. Anne is a co-founder and Director of the UW Law & Entrepreneur Clinic. She previously served as General Counsel for Winterthur US Holdings and Promega Corporation. Anne also runs a small family business and has served on a variety of non-profit boards of directors.
Eric Englund is responsible for developing strategic partnerships with other private and public individuals and entities that might be of resource to MBA participating companies. He also assists in marketing and business development activities to raise the profile of MWC throughout the Madison area. Eric is co-founder and Director of the UW Law and Entrepreneur Clinic. He has also served as the President of the WI Insurance Alliance, Executive Director of the WI Society of Architects and as a partner in a Madison law firm. Eric also owns and operates a local business.
Terry Sivesind recruits and identifies outside mentors and investors who will be used to enhance the experience that companies receive from participating in MWC programs. He also helps create drop-in programs at the MWC facility for people from the UW campus who are looking to learn more about becoming an entrepreneur. Terry is a co-founder in a series of local biotech firms, including PanVera, Mirus, Metabiologics, Renovar and Cellectar. He was also an early employee at Promega. Terry was a co-founder of Wisconsin Investment Partners and MERLIN Mentors and he currently serves on the boards of several companies.
Louis Condon manages the daily operations of MWC. He is responsible for planning and implementing a bootcamp on Lean Startup principles, helping develop the MWC curriculum, and facilitating classroom and community events. Louis is an attorney with experience working with startups, and currently works as Associate General Counsel and Partnership Manager for a non-profit that commercializes education products and services.