The University of Wisconsin System (UW) has partnered with state development organisation the Wisconsin Economic Development Corporation (WEDC) to create a $2m seed fund designed to help commercialise intellectual property across UW campuses statewide.

The Ideadvance Seed Fund will provide up to $75,000 split across two stages, and will support potential UW-linked startups and spin-outs across all sectors, including humanities, arts, and social sciences. Both UW and WEDC contributed $1m each to the creation of the fund, and will be…