Four southeastern Wisconsin companies have been selected for the latest round of the Ideadvance Seed Fund.
Ideadvance provides grants to startups in return for achieving specific goals. In this latest round, it will divide $309,000 among 10 small businesses created by UW System staff, faculty, students and alumni, excluding University of Wisconsin-Madison.
Among the teams selected in this latest cohort are Marble Pillar of Kenosha, Build it Fab of Pewaukee, Forsythe & Storms Technologies of Oak Creek and Ictect of Brookfield.
Marble Pillar is working to increase access to pesticide-free, non-GMO local vegetables. As a stage 1 awardee, Marble Pillar can earn up to $25,000 in grant funding from Ideadvance if it demonstrates “significant progress toward a scalable, profitable business model” during the six-month program, which will focus on customer validation. Read the full story here.
Read the Milwaukee Business Journal article here.
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