Startup Milwaukee, a networking organization for local entrepreneurs,
is launching the Founders' Club, an exclusive group that will limit membership
to technology entrepreneurs, executives and investors.
Entrepreneur-only groups have grown in popularity because they allow young company owners to easily connect with each other and share information in a private setting.
The Founders' Club has 80 people registered to attend its first event on Wednesday, said Matt Cordio, a Startup Milwaukee co-founder.
"To build a stronger start-up community, we have to increase the number of collisions between people who are serious about starting and investing in technology start-ups in the Milwaukee area," Cordio said.
The Founders' Club has already attracted entrepreneurs who have not attended Startup Milwaukee's public events, he said. Since forming in 2011, Startup Milwaukee has been active in creating an entrepreneurial infrastructure in the area. In May, the group formed a mentorship program.
Capital Entrepreneurs, a Madison networking group, limits its membership to only entrepreneurs and start-up company executives.
"The biggest asset we have is the value of our members and what they provide at meetings," said Forrest Woolworth, a Capital Entrepreneurs co-founder. "If the right people are not there, we lose value."
HarQen, a digital voice technology start-up, is sponsoring the first Founders' Club meeting. The group is in discussions with several law firms about future sponsorships, Cordio said.
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