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Grant will help develop new wave of biotech companies

Scientists who want to turn their research into biotechnology companies or who want to grow their young businesses may be able to tap into a new round of grant money.

The Wisconsin Department of Workforce Development DWD is providing a $100,000 grant, to be matched by $100,350 from BioForward, formerly the Wisconsin Biotechnology and Medical Device Association.

The funds are aimed at training up to 50 researchers and scientists to start a business and to compete in the global economy.