What is Lab Midwest?
LAB Midwest is dedicated to equipping students and workers with the skills necessary to achieve their career aspirations through hands-on, competency-based training. They collaborate with educators and employers to provide high-quality STEM and skilled trades education across various educational levels, including K-12, technical colleges, and universities. Their services cater to a wide range of clients, including apprenticeship programs, non-profit workforce development organizations, and industrial employers. LAB Midwest also offers exclusive distribution of training equipment and curriculum from various manufacturers in several states.
How much funding has Lab Midwest raised?
Lab Midwest has raised a total of $103K across 1 funding round:
Debt
$103K
Debt (2021): $103K with participation from PPP
What's next for Lab Midwest?
With a substantial total funding amount and a recent strategic investment, Lab Midwest is well-positioned for significant expansion. The company's focus on bridging the skills gap in STEM and skilled trades, through partnerships with educational institutions and industry employers, indicates a clear growth trajectory. Future initiatives will likely involve broadening their reach to more educational levels and geographic areas, enhancing their curriculum offerings, and potentially expanding their distribution partnerships for training equipment and educational materials. This capital infusion is expected to fuel further development and solidify their role in shaping the future workforce.
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