Creative Destruction Lab accelerator program gives UW–Madison students help for companies to grow

Wisconsin Technology Council

The program works with seed-stage science and technology companies to help them “accelerate massively,” according to Shabaka Gibson, director of CDL-Wisconsin. The nonprofit organization has 10 sites around the world, with one of the three U.S.-based locations in Madison.

“There’s not a lack of good ideas out there in the world, there’s not a lack of effort, and oddly enough, there’s not a lack of money either,” he said last week during a discussion held at the university as part of the Entrepreneurons event series. “When you take a look at where massive growth takes place, it tends to be on the coasts … The question is why?”

He highlighted the more receptive environment in Silicon Valley and elsewhere in the country, where entrepreneurs with “a great idea” can more easily find support and guidance from established company founders. Read more …