Gener8tor named one of the country’s top 16 accelerators
Excerpted from Milwaukee Journal Sentinel
By Kathleen Gallagher
Gener8tor, a start-up training program that operates in Milwaukee and Madison, was named one of the top 16 accelerators in the country Friday by the Seed Accelerator Rankings Project at the South by Southwest conference in Austin, Texas.
The annual rankings are compiled by Yael Hochberg, an entrepreneurship professor at Rice University and researcher at MIT, and colleagues at the University of Richmond and MIT. They are an important measure used by high-potential start-ups to determine which programs they want to aim to join.
“There are new accelerator programs popping up every month,” Hochberg said in a news release. “Our goal is to generate a larger conversation about what makes some seed accelerators more successful and help entrepreneurs find the right fit for their start-up.”
The 38 start-up companies that have graduated from gener8tor’s programs since gener8tor was founded in 2012 have gone on to raise more than $75 million in financing and create more than 400 jobs, said Joe Kirgues, gener8tor co-founder.
The Seed Accelerator rankings are based on detailed confidential data related to portfolio outcomes, project managers said. About 150 accelerators were invited to participate in the rankings, they said.
Gener8tor is currently running a three-month class with five start-ups in Madison.