….Getting more money into the venture capital pipeline could help turn more of the research at the UW-Madison into functioning companies that could produce a product, generate sales and hire employees.
The UW-Madison remains among the top five universities in the nation in terms of landing research dollars but those dollars have been slow to translate into start-ups. A 2010 report from the Chronicle of Higher Education showed the UW-Madison with just one new company formed ? despite $1.1 billion of research spending here.
Quoted: Tim Smeeding, director of the Institute for Research on Poverty at UW-Madison