Incubators/Accelerators | Region 4
Name of Program
|Excelerate Labs||Chicago, Illinois||Accelerator||Month 1 Mentor Immersion
Month 2 Business Acceleration
Month 3 Finance Crash Course & Demo Day Prep
|Research Park EnterpriseWorks Incubator||Champaign, Illinois||Incubator||Launching a new tech company and need some assistance? EnterpriseWorks has a broad range of assistance programs designed to helped science-based startups with a focus on helping University of Illinois entrepreneurs and also offerings for the greater Champaign-Urbana community.||http://researchpark.illinois.edu/enterpriseworks|
|Innovate Springfield||Springfield, Illinois||Incubator||Accelerating the growth and success of startup and early-stage companies by offering access to services and supports. Innovate Springfield's Business Incubation Program aims to support entrepreneurs in the early stages of business development through our collaborative space, office amenities, high-quality capacity-building programming, and community of entrepreneurs and expert advisors.||https://www.innovatespringfield.org/about-us|
|Warren Development Group||Glenview, Illinois||Accelerator||Warren Development Group was founded by Chris Warren in 1998. Chris was determined that there had to be a better way to provide one-on-one consulting and project management to Entrepreneurs and Business Owners starting out with new ideas, products or concepts that are lacking focus, conclusion or the ability to launch.||http://warrendevelopmentgroup.com/?page_id=94|
|Polsky Center for Entrepreneurship and Innovation||Chicago, Illinois||Incubator||I-Corps is a highly-experiential, 7-week-long program. Each team will receive a $2,500 National Science Foundation (NSF) grant for their participation in the program. Participants are expected to dedicate an average of 4-7 hours per week to the following program activities and requirements.||https://polsky.uchicago.edu/programs-events/polsky-i-corps/|
|Illinois University Incubator Network (IUIN)||Champaign, Illinois||Incubator||The Illinois University Incubator Network (IUIN) provides direct services to entrepreneurs and small businesses such as funding support for innovation research and assistance with graphic design, marketing communication, market surveys, websites, social media, etc. IUIN members cultivate mentorship relationships among university incubators to capture and share depth and breadth of knowledge.||http://illinoisincubators.org/incubators/|
|Illinois Business Innovation Association||DeKalb, Illinois||Accelerator/Incubator||We are the statewide network of business incubators, accelerators, co-working and maker spaces and other organizations in the entrepreneurship and innovation ecosystems dedicated to advancing diversified regional economic development, innovation and job growth throughout Illinois. The breadth of our member network offers entrepreneurs and all in our community a diversity of knowledge, experience, support and resources unavailable elsewhere||https://www.illinoisbusinessincubators.com/|
|iVenture Accelerator||Champaign, Illinois||Accelerator||Launched in Summer 2015, the iVenture Accelerator supports a class of the universities top student startup teams to spend the summer on campus with the time and support they need find product-market fit, build prototypes, pilot programs, build key partnerships, and scale. Whether you are creating a technological innovation, social venture, or cultural campaign, this accelerator equips you with the time, space, resources, and mentorship necessary to turn your idea into a scalable venture.||http://iventure.illinois.edu/|
|INCubatoredu||Barrington, Illinois||Accelerator/Incubator||INCubatoredu is a full-year course, and offers an authentic entrepreneurship experience as students build a business. Students make mistakes, take risks and learn to pivot. They develop their own product or service startup to gain investment funds in a final shark-tank style pitch event. Real entrepreneurs and industry experts serve as volunteer coaches and mentors guiding student teams through the processes of developing hypotheses about a business concept, testing those hypotheses, adapting, and continually learning and improving.
As a second-year course, ACCELeratoredu provides students the opportunity to take a business from startup to launched. The experience models that of a real-life start-up accelerator with a focus on developing cohorts of teams through mentorship, education, connections, and accountability to launch a company. This course fosters the transition of businesses founded in INCubatoredu into sustainable, functioning ventures. Students work through major areas of content: legal & banking, customer acquisition, business processes, and product development, and leave the course having gained traction in the marketplace to successfully launch their company.
|Polsky Center Accelerator Program||Chicago, Illinois||Accelerator/Incubator||The Polsky Incubator provides dedicated space within the Polsky Exchange, mentorship, and support to early-stage startups, helping them achieve critical milestones and grow into sustainable businesses. The Polsky Incubator is for ambitious startups that are built to scale quickly. Teams committed and equipped with the skills necessary to solve an important problem for a large number of users are encouraged to apply. For teams that have a prototype built, a team in place, and are up and running, the Polsky Incubator is a great option.
The Polsky Accelerator, launched in June 2012, gives student teams the opportunity to work intensively and solely on their businesses and social enterprises in a collaborative and dynamic environment over the summer. The Accelerator Program accepts 10-12 teams to participate through a competitive selection process. All applications will be reviewed by committee with consideration given to stage of business, strength of the team and business idea, potential for growth during the summer, and current and past affiliation with the University of Chicago and its entrepreneurship programs.
|DeveloperTown||Indianapolis, Indiana||Accelerator||Our first four years were focused on helping startups build and launch new software products. Now we apply that experience in the enterprise world, helping some of the largest companies in the world innovate quickly through a mix of legacy and new technology.||https://developertown.com/about|
|The NIIC||Fort Wayne, Indiana||Accelerator||GAP FINANCING. Usually tied to a specific investable business with other early stage angel investors, gap financing focuses on prototype development, feasibility studies and business plan creation. Financing can be as much as $50,000.
ASSET-BASED FINANCING. Provides up to $25,000 to entrepreneurs to lease technology and equipment needed to enhance, test and improve business operations. The venture needs to have cash flow to support debt-repayment.
REVOLVING WORKING CAPITAL LINE OF CREDIT. Helps counter the cyclicality of the technology sales circuit. Financing can be as much as $15,000. Local micro-financing leaders, CDFI’s and CDC’s should be fully explored and investigated prior to making an application to The NIIC’s LEAP Fund.
|Startup||South Bend, Indiana||Accelerator||Our mission is to promote and foster the creation of an entrepreneurial ecosystem in the Region by stimulating the entrepreneurial spirit and culture in our citizens, identifying and nurturing new business startups and supporting the growth of existing high potential businesses.||https://startupsouthbendelkhart.com/get-engaged/entrepreneursandfounders/|
|UI Research Park||Coralville, Iowa||Incubator||The UI business incubation program includes amenities and facilities to support new business ventures that use advanced technology.
For life science companies, the BioVentures Center facility offers office and wet lab space. The Technology Innovation Center provides office space to engineering and technology-based ventures.
|UNI JPEC Student Incubator||Cedar Falls, Iowa||Incubator||The cornerstone entrepreneurial program for the JPEC is the R. J. McElroy Student Business Incubator. We have the knowledge, resources, and connections to help you turn your idea into reality.||https://jpec.uni.edu/|
|Global Insurance Accelerator||Des Moines, Iowa||Accelerator||The Global Insurance Accelerator is a mentor-driven business accelerator designed to foster innovation in the insurance industry by supporting startups targeting the global insurance industry.||https://www.globalinsuranceaccelerator.com/|
|Iowa Startup Accelerator||Cedar Rapids, Iowa||Accelerator||The Iowa Startup Accelerator is an intensive program that matches tech-based startups, especially those in ag, health, education, manufacturing and transportation technology, with world-class mentors, Midwestern work ethic, seed funding and development expertise to take them from concept to successful launch in 90 days.||https://newbo.co/iowa-startup-accelerator/how-isa-works/|
|Square One DSM Accelerator||Des Moines, Iowa||Accelerator||The Square One DSM Accelerator is a full time accelerator for startup companies that are past the idea / incubation stage and are experiencing traction in the market. This full time business accelerator helps companies move from market traction to critical mass. We provide mentoring, connections, financial modeling, advice and support on raising capital along with a facility from which the startup can work. We focus on customer acquisition and scaling your business.||https://www.dsmpartnership.com/growing-business-here/business-resources/small-business-resources|
|Desai Accelerator||Ann Arbor, Michigan||Accelerator||FOUNDER-FRIENDLY BUSINESS ACCELERATION
The Desai Accelerator offers an intensive, 16-week program for tech-enabled startups. We provide the funding, mentorship, staff, and resources necessary for early-stage ventures to rapidly grow and build their business.
|TechTown Detroit||Detroit, Michigan||Accelerator/Incubator||We help tech startups and local businesses launch and grow. We are an incubator and accelerator. We support businesses with coworking and office space, meeting space and event space. We also connect entrepreneurs to resources, and learning and networking events in Detroit.||https://techtowndetroit.org/|
|Cool House Labs||Harbor Springs, Michigan||Accelerator||In January 2013 we decided to launch a startup accelerator in the unlikeliest of places, a sleepy resort community on the northern shores of Lake Michigan with a year round population just north of 1,000.||http://www.coolhouselabs.com/#intro|
|Macomb-Oakland University Incubator||Rochester, Michigan||Incubator||The Macomb-Oakland University Incubator supports economic development in Southeast Michigan by accelerating high-tech businesses, cultivating academic innovation and encouraging research and development.||https://www.oakland.edu/macombouinc/|
|Midland Tomorrow Innovation Center||Midland, Michigan||Incubator||Virtual Membership
$100/mo fee includes:
24/7 access to drop-in Co-Working space- up to 20 hours per week
Access to a wide range of mentors
Professional conference rooms
Printing and copying capabilities (additional cost)
Wireless/Direct Internet capabilities
On Site Membership
$450/mo fee includes membership plus:
Dedicated workspace with locking file cabinet
24/7 access – unlimited
Access to a wide range of mentors
Professional conference rooms
Physical address/mail service
Printing and copying capabilities (additional cost)
Wireless/Direct Internet capabilities
|University Enterprise Laboratories||Saint Paul, Minnesota||Incubator||University Enterprise Laboratories describes themselves as a “collaborative innovation community,” focusing on the relationship between the Twin Cities region’s universities and colleges and innovation in the tech world. Founding sponsors include the University of Minnesota and Ecolab. UEL offers networking, shared facilities such as high-end laboratories and a conference center, and targeted programming for early-stage technology companies.||https://www.uelmn.org/about|
|Mayo Clinic Business Accelerator||Rochester, Minnesota||Incubator||Founded by the City of Rochester and Mayo Clinic Ventures, Mayo Clinic Business Accelerator is advertised as an accelerator but operates more like an incubator. Providing over 2,000 square feet of workspace for tenants, it combines entrepreneurs with investors and advisors. Current rent is $500/month for an office and $100/month for a shared workspace.||http://www.mcbusaccel.com/|
|Lunar Startups||Saint Paul, Minnesota||Incubator||Lunar Startups is a new incubator officially launching in September that focuses on marginalized entrepreneurs. Housed in Osborn370, Lunar will provide workspace, mentorship, and media coverage for five to seven startups at $100/month per team member. It does not take equity in companies, but requires that startups have a product or service developed or in development, and show revenue.||https://www.lunarstartups.org/|
|Red Wing Ignite||Red Wing, Minnesota||Incubator||A non-profit founded by the Red Wing community in 2013, Red Wing Ignite provides events, programs, resources, and regional and national networks for startups in the area. It is part of the larger organization US Ignite, which was founded by the National Science Foundation and the White House. Co-working spaces start at $50/month and private offices at $300/month. While Red Wing Ignite acts primarily as an incubator, they also offer a business accelerator for early-stage companies.||http://www.redwingignite.org/|
|Techstars + Target Retail Accelerator||Minneapolis, Minnesota||Accelerator||In partnership with Target, Techstars Retail is one of Techstars many industry-specific programs. Hosted in Minneapolis, the accelerator selects ten companies related to retail to work with Techstars mentors and within Target. This year, the program starts on July 16 and demo day takes place October 10.||https://www.techstars.com/programs/|
|Techstars Farm to Fork||St Paul, Minnesota||Accelerator||Partnered with Cargill and Ecolab, this is Techstars first program focused on the tech and digital aspects of food and agriculture. Ranging from food safety to manufacturing, this program provides mentorship and industry connections within the Techstars network for companies anywhere on the food value chain. This year, the program starts on July 16, with demo day taking place October 8.||https://www.techstars.com/farm-to-fork-program/|
|Gener8tor||Minneapolis, Minnesota||Accelerator||Investing in high-growth startups, gener8tor invests $90,000 in each of five startups teach summer. It is a nationally-ranked startup accelerator and a member of the Global Accelerator Network. Requirements include complete teams and a full-time commitment for the 12 weeks. Gener8tor works with a wide range of companies, from software to e-commerce, in a wide range of stages, from post-concept to profitable.||https://www.gener8tor.com/|
|Cleantech Open Midwest||Los Angeles, California||Accelerator||Cleantech Open is the largest, oldest cleantech accelerator program with a focus on solving energy and environmental issues. Cleantech Open Midwest encompasses 13 states in the midwest region in the U.S., and has offered over $6 million in cash and services to startups since 2005. Requirements include involvement in energy-related technology and at least two team members. This year, Cleantech selected 10 teams for the Midwest region.||https://www.cleantechopen.org/en/page/midwest-en|
|gBETA||Minneapolis, Minnesota||Accelerator||gBETA is a free accelerator program created by gener8tor. It includes a formal relationship with 2-3 mentors, access to the gener8tor network and perks from vendors like Microsoft and Amazon. The fall 2018 program runs from September 27 to November 14 and is capped at five teams. No fees or equity required.||https://www.gbetastartups.com/|
|Straight Shot||Omaha, Nebraska||Accelerator||Annually chooses a group of seven to 10 early-stage technology companies, makes a $20,000 investment in each and provides an intense three-month mentoring process.||http://straightshot.co/|
|NMotion||Lincoln, Nebraska||Accelerator||NMotion is a mentor-driven startup accelerator that focuses on high-growth software and technology-based businesses in agriculture, sports, finance/insurance, HR and marketing technologies.||https://www.nmotion.co/|
|The Island of Misfit Toys||Lincoln, Nebraska||Incubator||A co-working incubation space run by Nebraska Global, a software investment company in Lincoln. Companies in “the Island” work alongside expert entrepreneurs, software developers and other peers.||https://nebraskaglobal.com/|
|Southeast Community College business incubator||Lincoln, Nebraska||Incubator||In the resident incubator, business owners have their own offices, shared use of copy/fax/scan machine, and access to business coaches and peer networking – all in a professional setting. During the three-year period, incubator business owners are required to continue their education and/or training, meet with business coaches and write a comprehensive business plan.||https://www.southeast.edu/entrepreneurship/businessincubationandcoaching/|
|Central Community College Small Business Incubator Center||Hastings, Nebraska||Incubator||The incubator provides numerous services throughout the 25-county area served by Central Community College. It offers counseling services designed to address business problems and opportunities, a place to start a new business at affordable rents, and financial assistance (in the form of loans) to aid in starting a new business or continuing an existing business.||https://www.cccneb.edu/Small-Business-Incubator|
|The Nebraska City Small Business Incubator||Nebraska City, Nebraska||Incubator||This collaborative effort between Southeast Community College Entrepreneurship Center business incubator, American National Bank and Nebraska City Area Economic Development Corporation provides mentoring and business coaching to foster the growth, development and success of entrepreneurial businesses.||https://www.nebraskacityareaedc.com/|
|The Scott Technology Transfer and Incubator Center||Omaha, Nebraska||Incubator||The Scott Technology Center incubator program targets cutting-edge, high-risk technology or engineering projects with promising economic outcomes and possibility for high growth. Companies in the Scott Technology Incubator can reside there for up to three years and work with strategic partners to help expand the business.||https://www.scottdatacenter.com/|
|Center for Innovation & Technology Incubator||Grand Forks, North Dakota||Incubator||The UND Center for Innovation is an entrepreneurial incubator. Our vision is to be the principal leader guiding innovation in the Northern Plains. We work as a collaborative partner in the vibrant entrepreneurial ecosystem in Grand Forks, across North Dakota and as part of the One UND Strategic Plan. Services at the Center include: incubation space and entrepreneur coaches, an innovation studio to address complex industry-based challenges, a student-run venture to support marketing and communication needs for start-ups, project-based internships and mentorship matching.||http://www.innovators.net/|
|Zeal||Sioux Falls, South Dakota||Accelerator||Zeal’s Entrepreneur-in-Residence (EIR) program connects you with seasoned executives and experienced entrepreneurs, including some of our alumni. Zeal EIR’s offer strategic guidance, support, and expert advice.||https://www.realzeal.com/services|
|Sioux Falls Development Foundation||Sioux Falls, South Dakota||Accelerator||Our business-friendly tax climate, incentives, crossroads location, strong telecommunications network, and shovel-ready sites make Sioux Falls a better place to start a business. Our well-educated and growing workforce is ready to help you get to work on building your dream. A variety of resources are available to provide business and financial assistance to entrepreneurs.||http://www.siouxfallsdevelopment.com/entrepreneurs.cfm|
|Research Park EnterpriseWorks Incubator||Brookings, South Dakota||Incubator||Mentors & Speakers
Learn from proven entrepreneurs and business leaders as they share their expertise on topics including: Strategic Planning, Legal, Marketing, Finance, Sources of Funding, Accounting, and Operations.
Develop your business plan, marketing plan, financial model, and funding plan with help from our business coaches.
Student Innovation Center
We've created an environment specifically designed to help students succeed without the distractions of roommates and coffee shops. You have access to a shared workspace, business resources/consultants, free wifi, and much more!
|The BREW||Milwaukee, Wisconsin||Accelerator||Founded in 2013 by The Water Council, The BREW is a startup accelerator for companies in the water technology space. The accelerator is in the process of launching its fifth cohort, and past companies include the Water Resources Monitoring Group, which measures and monitors agricultural runoff, and Cadens, which designs and manufactures small and micro-scale hydropower systems. The program accepts up to six companies for each 12 month cycle and offers up to $50,000 per startup as a two year convertible note.||https://thewatercouncil.com/programs/brew-accelerator/|
|Bunker Labs Madison||Madison, Wisconsin||Accelerator||The Launch Lab accelerator program is run by national non-profit Bunker Labs, which aims to inspire, educate and connect veteran entrepreneurs in local communities and across the country. The Madison Launch Lab is run every other Saturday for 14 weeks to accommodate schedules of working professionals. Rather than companies, applicants apply as individuals and work through the curriculum to get from idea-stage to ready to launch.||https://bunkerlabs.org/our-locations/madison/|
|Doyenne||Madison, Wisconsin||Accelerator||The Doyenne accelerator and Doyenne Evergreen Fund are aimed at supporting women and minority entrepreneurs. Three types of funding are available to accelerator companies: grants (up to $5,000), loans (between $10,000-$50,000), and equity investments (between $25,000-$50,000). The accelerator program takes place over a 12 month period, with periodic commitments for member companies.||https://doyennegroup.org/fund/|
|Madworks||Madison, Wisconsin||Accelerator||This Madison-based seed stage accelerator accepts early-stage companies started by UW-Madison faculty, staff, alumni and students, as well as startups from the greater Madison community. The ten week program requires roughly a 20 hour/week commitment from participating companies. Working with Madworks staff, companies develop a set of weekly milestones to complete throughout the accelerator cohort. Companies can receive up to $5,000 in grant funding.||http://www.madworksaccelerator.org/program-information/|
|WERCBench Labs||Milwaukee, Wisconsin||Accelerator||WERCBench Labs is an accelerator operated by the Mid-West Energy Research Consortium. The program looks to select startups in sectors related to energy and power, including ar/vr, drones, internet of things and 3D printing. Companies are housed in Milwaukee’s Energy Innovation Center for the three month program duration and have access to lab and product testing space. WERCBench Labs gives $10,000 in upfront funding and $10,000 upon completion of the accelerator. Rather than take equity in cohort companies, M-WERC uses a royalty-based financing model where companies repay an agreed-upon set amount if they achieve revenue. The exact terms of this model are not available publicly.||https://www.m-werc.org/wercbenchlabs/|
|Janesville Innovation Center||Janesville, Wisconsin||Incubator||The Janesville Innovation Center is owned by the City of Janesville and operated by a non-profit entity, Janesville Innovation Inc. The space is meant to serve young enterprises in Southeast Wisconsin, ideally companies established in the last three years. The JIC provides affordable turnkey office space, business coaching and mentoring, and access to the JIC Tenant Loan Fund, which provides startups with working capital to scale their ventures.||http://www.janesvilleinnovation.com/#wrapper|
|Madison Enterprise Center||Madison, Wisconsin||Incubator||The Madison Enterprise Center is a joint venture between Madison Gas and Electric and the non-profit Common Wealth. Young businesses, if accepted, can remain a part of the incubator for three to five years, accessing affordable rent, business assistance and resource-matching. Current member companies range from a recruiting firm to a hot sauce company.||http://www.cwd.org/business/start-ups/|
|Whitewater Tech Park Innovation Center||Whitewater, Wisconsin||Incubator||The Whitewater Tech Park Innovation Center is a startup incubator offering office and lab space, mentorship and business consultation and workshops for member companies. Membership rates start at $150/month for startups.||https://whitewatertechpark.org/innovation-center|