23 Apr STATE FUNDS HELP ACCELERATE CAMPUS TECHNOLOGIES FROM LAB TO MARKET
UW–Madison’s Discovery to Product (D2P) has granted $600,000 to six faculty-led research projects through the State Economic Engagement and Development (SEED) Program, funded by the State of Wisconsin. The SEED program funds innovative research that helps commercialize technologies developed by UW–Madison faculty and staff.
“Spinout companies associated with campus discoveries often need to perform additional research on their technology to improve its market readiness and grow the company in Wisconsin,” says D2P Director Andy Richards. “SEED funding fills that gap and can also generate additional private and public sector support for the projects.”
A major goal of the SEED program is to promote technology transfer between the university and industry. Funded research takes place on campus and helps support the efforts of UW-affiliated spinout companies to develop the technology for introduction to the marketplace .
Applications are judged on technical innovation, interest to a broad economic sector, and potential to benefit Wisconsin’s industrial and economic development in the near term.