Food and Beverage Wisconsin, a network for state companies in those industries, said Wednesday it will receive a $125,000 grant from the Wisconsin Economic Development Corp. to run a second start-up training class.
The program, called FaBcap, aims to help companies further grow and fund their operations. It will begin taking applications in November for the class, which starts in February, said Shelley Jurewicz, executive director of FaB Wisconsin.
The first FaBcap class of 10 companies will graduate on Sept. 27 during an event at Discovery World. Each company will receive a $10,000 grant, Jurewicz said.
“We are incredibly excited about what these companies have put together over the past year,” she said.
The event is open to the public. Cost to attend both the forum where the start-ups will make pitches and the graduation celebration is $110 for FaB members and $160 for non-members.