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A new partnership between the University of Wisconsin System and Wisconsin Economic Development Corp. has created a $2 million seed fund. The Ideadvance Seed Fund, announced at a Capitol press conference Thursday, will be administered by the UW-Extension “to help commercialize technology and ideas developed at UW campuses around the state.”

Image: Provided by UW System “Our University of Wisconsin labs and classrooms generate ideas ripe for commercialization, so we’re pleased to partner with the state’s lead economic development agency to support entrepreneurs on our campuses throughout the state.” — UW Colleges and UW-Extension Chancellor Ray Cross, (UW System president starting Feb. 15)