Deadline: 7 February 2025
The Madworks has offered early-stage startups an accelerator program comprising tailored mentorship on commercializing the entrepreneur’s product and/or service and building operational and governance acumen.
Following lean startup methodology, they encourage their startups to “build, measure, and learn” as quickly as possible. They look for the best people with the ability to turn ideas into scalable companies. They will 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, 12-week program at StartingBlock.
They look forward to working with their next cohort of up to 8 up-and-coming companies from Wisconsin, starting in March 2025.
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
- And more!
Benefits
- 1 year flex 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.
Funding Information
- $5,000 in grant funding per participating team.
Eligibility Criteria
- Participate in all group and individual meetings.
- Founder or one co-founder must be attend Madworks programming in-person at StartingBlock Madison.
- 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
- 16-week commitment –> 12 weeks in spring, 4 weeks in the fall (1 week in each of Sept, Oct, Nov, Dec)
- 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.
