gener8tor Milwaukee 2016

Aug 19 - Nov 3 | Milwaukee, WI, US

http://www.gener8tor.com/
A Concierge Startup Accelerator

About this Program

Everyone is encouraged to apply!

-Team is the #1 factor. We are looking for complete and formidable teams.

-gener8tor invests in companies at a variety of stages, from concept to post-revenue to profitable. Most accepted companies are post-product/post-revenue, with revenues ranging up to $30,000 MRR (subscription model) or $400,000 trailing 12-month revenue (transactional model). We always invest in at least one “napkin” (e.g. pre-product/pre-revenue) company per program.

-You can be from anywhere, but:
-gener8tor is an intensive program, and you are required to be full-time, in residence at gener8tor for the duration of the program.
-gener8tor Milwaukee 2016 takes place at 333 N Plankinton Avenue, Milwaukee, WI.
-Stay tuned for details on our next Madison-based program in 2017.
-Each program is 12 weeks long and intensive.
-We work with all types of high-growth businesses, including software, IT, web, SaaS, e-commerce and hardware.

Deal Terms & Perks:

-$20,000 cash investment in exchange for 6-7% common stock equity.
-$70,000 of guaranteed follow-on capital from gener8tor (uncapped convertible note).
-Additional $50,000 of guaranteed follow-on capital for Wisconsin-based companies from the BrightStar Wisconsin Foundation (uncapped convertible note).
-Access to staff interns (development, design, marketing, social media, journalism, business development, sales and more).
-$1M+ in deals and perks from vendors like SoftLayer, Rackspace, Amazon, PayPal, Zendesk and Microsoft.
-Support from the gener8tor team and network of alumni and mentors.

Funding Information

  • Funds up to $140k per team
  • Takes up to 7.0% equity
  • Accepts 5 companies

Industries

Internet / Web Services, IT Services, Software