Near West Side Partners Announces 5th Rev-Up MKE

MILWAUKEE – Near West Side Partners, Inc. (NWSP), along with representatives from Marquette University and new banking partner Town Bank announced that applications are open for the fifth Rev-Up MKE competition – a “shark tank”-style small business competition with the goal of revitalizing commercial corridors in the Near West Side. The program will again provide an opportunity for startup entrepreneurs to expand or start a business in the Near West Side and receive the support they need to make it a success.

“The Near West Side is ready to welcome another generation of entrepreneurs to our growing neighborhood,” said Keith Stanley, Executive Director of NWSP. “We are excited to see continued interest from startups, organizations and businesses seeking to invest in Milwaukee, and bring new jobs and vibrancy to our commercial corridors.”

NWSP remains committed to enhancing the key commercial corridors in its neighborhoods. Rev-Up MKE meets a critical need by helping identify and support local businesses that can relocate or open in the Near West Side and bring new services to area residents and employees.

Since the launch of Rev-Up MKE in 2016, a number of competition finalists have officially opened – and expanded – their businesses:

• Pete’s Pops manufactures and sells popsicles out of its flagship location on Vliet Street, with additional permanent locations in Bay View and West Allis;
• Lisa Kaye Catering operates a full-scale commercial kitchen and dining hall at the Forest County Potawatomi’s Wgema Campus;
• Triciclo Perú continues to bring Peruvian flavor to Milwaukee through empanadas, pisco sours and more at its Near West Side restaurant; and
• A Goodman’s Desserts bakes up mouth-watering desserts at a kitchen space in the Ambassador Hotel.

“We are thrilled to be supporting Near West Side Partners and local entrepreneurs as a partner for Rev-Up MKE,” said Jay Mack President & CEO, Town Bank and Wintrust Wisconsin Market Head. “As an active small business lender in Milwaukee with two locations in the Near West Side, we understand the importance of entrepreneurship to grow and develop communities.”

Town Bank, a Wintrust Community Bank, will provide seed funds for the winning venture and is sponsoring the Rev-Up MKE reception. Similar to previous years, the program will culminate with a “Live Pitch Event” on September 14, hosted at the Rave/Eagles Ballroom where each finalist will present before a panel of judges.

“The Near West Side has been home to some of Milwaukee’s greatest entrepreneurs – from William Harley and Arthur Davidson to Fredrick Miller,” said Kelsey Otero, Director of Innovation at Marquette University and project lead for the Rev-Up MKE competition. “Marquette’s innovation team is proud to be working with Near West Side Partners, Town Bank, and many others to support the next generation of entrepreneurs in the neighborhood.”

The winner, who will be announced at the Live Pitch Event, will receive significant resources to support their new venture, which will be located in a Near West Side storefront, including:

• $10,000 cash gift;
• $25,000 in in-kind services (architectural renderings, ongoing small business mentoring, free legal audit and communication support); and
• Advertising, recognition, and support from Near West Side Partners and anchor institutions

Applications are available on the NWSP website here, as well as at the Near West Side Partners’ office, located at 624 N. 24th St. Applications close on August 5 at 11:59 p.m. Upon review by a panel of judges, finalists will be informed and announced mid-August.

ABOUT NEAR WEST SIDE PARTNERS, INC.
Near West Side Partners, Inc. is a non-profit organization with a mission to revitalize and sustain the Near West Side as a thriving business and residential corridor, through collaborative efforts to promote commercial corridor development, improved housing, unified neighborhood identity and branding, and greater safety for residents and businesses.  Near West Side Partners, Inc. is an organization of businesses and civic leaders from throughout the Near West Side, including the organization’s five anchor institutions – Aurora Health Care, Harley-Davidson, Marquette University, MolsonCoors and Potawatomi Business Development Corp.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.