Call for Applications: Madworks Accelerator Program – US

In addition to receiving a $6,500 grant and connecting them to entrepreneurial leaders in the community, they ensure that startups obtain a foundation in legal compliance, quality board management skills, and financial knowledge.

Program Benefits

• $6,500 in grant funding per participating team.
• 1-year membership to StartingBlock (24×7 access), with an exclusive space at StartingBlock dedicated to Madworks companies. Up to 2 keycards provided per company, provided to co-founders actively involved in the Madworks program.
• Regular access to Madworks & StartingBlock staff and connections to their network of mentors and experts.
• StartingBlock member benefits, including 90% discount on Hubspot CRM. Perks with over 100 companies that serve startups, thanks to StartingBlock’s partnership with Morrow.

Skills Gained

• Develop good governance processes: board, legal, financial
• Develop financial statements and final control procedures
• 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
• Learn how to effectively run a board meeting
• Find additional mentors/advisers/resources
• Build your network and get to know other startup founders

Requirements

• Participate in all group and individual meetings.
• Participating teams to meet at StartingBlock Madison. Select mentor sessions will be held virtually.
• Individual company milestones set on mutual agreement between founding teams and Madworks staff in weekly half-hour meetings, which will be held at a regularly scheduled time.
• Ten-week commitment.
• Part-time program; participating teams are expected to spend 20 hours per week on their venture (20 hrs/week total, NOT just for Madworks).
• Must be a WI-based for-profit company.

For more information, visit Madworks.