$1M seed fund to assist UW School of Medicine and Public Health

Special to The Freeman

June 25, 2014

MADISON – The Wisconsin Economic Development Corp. and the Wisconsin Technology Innovation Initiative have established a $1 million seed fund, which will support commercialization of medical technology developed by the University of Wisconsin School of Medicine and Public Health.
While the fund will be used by UW-Madison researchers in several fields of medicine, one of the first projects to be backed by the program is the commercialization of Alzheimer’s disease markers and treatments, which have been developed by the School of Medicine’s Wisconsin Alzheimer’s Institute, the statement said.

The new seed fund will help enable the Alzheimer’s Institute to find commercial opportunities for its research, according to the statement.

WEDC is working with the Wisconsin Technology Innovation Initiative, the UW system, business leaders and others throughout the state to remove the barriers to high-tech commercialization through its new Start-Seed-Scale initiative.