WARF is blazing forward with efforts to turn UW-Madison discoveries into products on the market, and will triple its spending on entrepreneurial programs over the next several years.
Erik Iverson, managing director of the Wisconsin Alumni Research Foundation, noted that studies have shown Wisconsin lags many other states in entrepreneurship, ranking Wisconsin 25th in the number of startups.
He said the tech-transfer organization will spend $60 million over the next four to eight years, a sharp increase from the $30 million it has invested in startups over the past 10 years.
“I promise you that WARF will do its part to put capital to work in this community,” Iverson told the Wisconsin Innovation Network’s luncheon meeting at the Sheraton Madison Hotel on Tuesday. Read the full story here.
Read the Madison Startups story here.