FOR IMMEDIATE RELEASE
Meghan Jensen (414) 988-8754
MILWAUKEE, WI, June 15, 2016 – The Water Council and Guest of Honor Wisconsin Lt. Governor Rebecca Kleefisch announced today the fourth round of winners of the BREW (Business Research Entrepreneurship in Wisconsin) Accelerator program during a special ceremony at the 9th annual Water Summit in Milwaukee.
The BREW Accelerator, launched in 2013, unleashes water innovation by funding water technology startups with commercialization potential, with the goal of launching each portfolio within 24 months. The first-of-its-kind accelerator pairs a unique water-focused startup community with credible resources of Milwaukee’s World Water Hub to help entrepreneurs from around the world accelerate results.
After a comprehensive application and judging process, six startups were chosen to participate in the fourth year of the accelerator program, they are:
Two Honorable Mentions were recognized as well, including:
Each year, BREW winners receive up to a $50,000 equity investment, accelerator space in the Global Water Center, business training through the University of Wisconsin-Whitewater Institute for Water Business, mentorship from water industry experts, investor guidance, and much more.
The BREW has worked with 20 water technology startups to date, and recently committed to launching 75 more over the next five years. Milwaukee, a City that brewed beer for decades, is now known for “brewing” water technology innovations that will have a substantial impact on the regional economy’s future.
The previous round of BREW startups also graduated during the ceremony, including entrepreneurs from the first-ever BREW Corporate Accelerator in partnership with Veolia. The second year of BREW Corporate Accelerator was announced yesterday in partnership with A. O. Smith Corporation. More information can be found at www.brewcorporate.com.
About The Water Council
The Water Council was established in 2009 by Milwaukee-area businesses, education and government leaders. The nonprofit organization, consisting of more than 180 members, links together global water technology companies, innovative water entrepreneurs, acclaimed academic research programs and, most importantly, some of the nation’s brightest and most energetic water professionals. The Water Council is capturing the attention of the world and transforming the Milwaukee region into a World Water Hub for freshwater research, economic development and education. Visit www.thewatercouncil.com for more information.