A fledgling organization that wants to provide early-stage capital to high-tech start-ups and eventually spur development of a new research park could get $2.5 million in the next state budget. The Legislature’s Joint Finance Committee has recommended funneling the money to the Biomedical Technology Alliance, which is seeking to forge various high-tech research efforts in the area into a stronger, more collaborative undertaking. Joining in the effort are the Medical College of Wisconsin, the University of Wisconsin-Milwaukee, Marquette University, the Milwaukee School of Engineering and the University of Wisconsin-Parkside.
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