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When lawmakers on the Republican-controlled Joint Finance Committee began the process of retooling Gov. Tony Evers’ budget, one item that survived was a $100 million venture capital “fund of funds.” The proposal by Evers, a Democrat, has the support of eight former secretaries of the Wisconsin Economic Development Corp. and the former state Department of Commerce. The group includes five appointed by Republican governors and three by Democratic governors. The venture capital fund “would allow Wisconsin entrepreneurs to secure needed next-step financing from in-state sources so they don’t have to look to, or move to, the coasts for capital, WEDC Secretary and CEO Missy Hughes said in a statement. ....
Share Joel Wipperfurth, senior research associate, performs analyses at Gregor Diagnostic’s lab benches within Forward BIOLABS. PHOTO COURTESY OF MGE FOUNDATION From February through June, we will highlight the ways that UW–Madison powers the state’s economy through research and innovation, educates the next generation and reaches out to Wisconsinites to improve their lives. February’s theme is Economic Prosperity. Watch for more at #CantStopABadger and #UWimpact on social media. Your support can help us continue this work. Tobias Zutz found himself seeking a new challenge in 2015. With a R&D experience in assay development and molecular diagnostics, he had been a member of the R&D team at Exact Sciences that developed Cologuard, a non-invasive screening test for colorectal cancer. ....
Startup Gregor Diagnostics advances novel diagnostic technology Joel Wipperfurth, senior research associate, performs analyses at Gregor Diagnostic’s lab benches within Forward BIOLABS. Photo courtesy of MGE Foundation From February through June, we will highlight the ways that UW–Madison powers the state’s economy through research and innovation, educates the next generation and reaches out to Wisconsinites to improve their lives. February’s theme is Economic Prosperity. Watch for more at #CantStopABadger and #UWimpact on social media. Your support can help us continue this work. Tobias Zutz found himself seeking a new challenge in 2015. With a R&D experience in assay development and molecular diagnostics, he had been a member of the R&D team at Exact Sciences that developed Cologuard, a non-invasive screening test for colorectal cancer. ....
UW startup DataChat democratizes data science From February through June, we will highlight the ways that UW–Madison powers the state’s economy through research and innovation, educates the next generation and reaches out to Wisconsinites to improve their lives. February’s theme is Economic Prosperity. Watch for more at #CantStopABadger and #UWimpact on social media. Your support can help us continue this work. DataChat, the fourth tech startup from University of Wisconsin–Madison computer sciences professor Jignesh Patel, makes data science accessible to anyone. Founded in 2017, it has grown quickly to 20 employees and recently received $4 million in funding from Silicon Valley venture capital firms. ....
Investment in Forward BIOLABS Paying Off for Bioscience Startups News provided by Share this article Share this article MADISON, Wis., Feb. 18, 2021 /PRNewswire/ Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization. While business incubators are not uncommon, Forward BIOLABS boosts support by providing laboratory equipment and staff to manage safety, training, and other lab operations for entrepreneurs to reduce their initial investment expenses. Currently, 16 startups are utilizing the Forward BIOLABS space, and five have graduated to continue growing their companies in their own spaces. ....