Scale Up Milwaukee, an initiative of the Greater Milwaukee Committee supported by WEDC, announced it will open applications for the Scalerator program, which kicks off in October 2015. The Scalerator program has been wildly successful in helping companies in the M7 region to grow. So far, 27 local companies have graduated from the Scalerator program, averaging a planned 41% in revenue growth in 2015.
The six-month, seven-session training program teaches business owners the practical skills to inject growth into their ventures. Administered by a team of professors from world leader in entrepreneurship education Babson College, the Scalerator focuses on three primary areas: sales and marketing, organizational development and entrepreneurial finance. Additionally, the program works with investors, banks, professional services firms, universities and public sector stakeholders to support growth.