BrightStar to support gener8tor companies
The BrightStar Wisconsin Foundation, a local philanthropic organization, will invest $50,000 in every company that both participates in gener8tor’s programs and is able to create high-quality jobs in Wisconsin. Gener8tor, a business accelerator in Milwaukee and Madison, holds two classes a year and has mentored more than two-dozen startups since 2012.
BrightStar has also promised $250,000 to Forward Health Group, a Madison company that provides health data analytics, and $150,000 to Swallow Solutions LLC of Madison, which developed a device to help people with swallowing disorders.
The BrightStar Foundation accepts charitable donations as a 501(c)(3) organization and uses them to take equity positions in early-stage, for-profit companies.