The Midwest is an often overlooked region when it comes to raising VC money for startups, but entrepreneurs should think again before darting for the coasts: Midwest accelerators like gener8tor (Madison and Milwaukee) are gaining traction and earning deserved attention from nationwide players. John Philosophos, Partner at Great Oaks Venture Capital (NY), said, “We see big opportunities brewing in the Wisconsin ecosystem. The entrepreneurial community is growing and producing high quality start-ups. Critical resources, including top flight developers from the UW Computer Science program and College of Engineering, mentorship from the State’s broad based economy and forward thinking corporations are all being mobilized to support innovation in the State. Accordingly, we have made Wisconsin one of our national areas of focus.”
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