Entrepreneurons is a new WARF series focused on bringing the fundamentals of getting a new venture started to the UWâ€“Madison community. Entrepreneurons brings together thought leaders from across the country and our own backyard to exchange perspectives on core topics ranging from identifying an opportunity to building a startup team to financing and beyond.
The fall series kicks off Thursday, October 3 with the topic of “Do you really want to start a company?”. It will feature Paul Shain, president and CEO of Singlewire Software as well as a panel of experienced entrepreneurs and UWâ€“Madison faculty to discuss their personal experiences in deciding whether, when and how to make the leap to entrepreneurship.
More information on the Entrepreneurons series is here, and to register for the event this week go here.
The Wisconsin Alumni Research Foundation (WARF) and the State of Wisconsin Investment Board (SWIB) have partnered to form a new $30 million venture fund. The fund, called 4490 Ventures, will target early-stage IT startup companies in Wisconsin.
WARF has been a worldwide leader in technology transfer from the University, and has traditionally focused more on licensing related to biotech and medical device startups. In the past few years a growing IT/tech startup scene in and outside of Madison has emerged. These younger IT based startups do not need to leverage the same traditional technology licensing used in other industries because their businesses often do not rely on patentable technologies.
“WARF has recognized for some time that there is a significant opportunity in Madison and other regions of the state in information technology startup companies,” – Carl Gulbrandsen, WARF Managing Director
This fund will enable broader support and funding for Wisconsin based IT startups, and will target companies looking to raise $250,000 to $2 million in funding. More information is available here.