Venture capital has hope as GOP gives up on controversial portion

Kevin Conroy, president and CEO of Exact Sciences, a Madison-based cancer research company, said Wisconsin has one of the best research institutions, UW-Madison, and does some of the best scientific research, but despite that opportunity, lags in funding and opportunities for venture capital. UW “is consistently ranked No. 2 in total federal research dollars, second only to Johns Hopkins University, and Wisconsin inventors are awarded patents at a higher rate than the national average,” Conroy said. “But we rank very low in terms of venture capital dollars invested and new company formation.”