The Commons gets $250,000 from Church Mutual Insurance

Posted on Jul 28, 2016

Published July 28, 2016
From BizTimes

Milwaukee-based accelerator The Commons has received a four-year, $250,000 donation from Merill-based Church Mutual Insurance Co. and has formed a partnership with the property and casualty insurer.

The Commons skills accelerator was founded by Innovation in Milwaukee and Startup Milwaukee in August 2014 to give college students from regional institutions a platform to begin building early-stage companies while learning from executives at local companies like Direct Supply and Brady Corp. It now works with 24 colleges and more than 150 mentoring professionals in southeastern Wisconsin.

The donation has been used to hire Startup Milwaukee co-founder Joe Poeschl as a full-time program director at The Commons.

“It’s all been volunteer people running it, so we’ve had people from the Greater Milwaukee Committee and people from Startup Milwaukee,” said Michael Hostad, executive director of Innovation in Milwaukee. “We’ve … finally been able to hire Joe into that position so he can get compensated for the work he’s doing.”

Read the full article here.