Wisconsin gets new $1m fund

Jul 4, 2014 •

The Wisconsin Economic Development Corporation (WEDC) and the Wisconsin Technology Innovation Initiative (Wi2) are launching a $1m seed fund that will support commercialisation of medical technology developed at Wisconsin-Madison University’s School of Medicine and Public Health.

WEDC has provided half the money to Wi2, which will manage the fund, for the seed fund through its Capital Catalyst programme, which offers matching grants to seed funds by regional organisations. The remaining $500,000 has been secured from private investors. Wi2 is hoping…

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