Ideadvance Seed Fund opens round of funding

The Wisconsin Center for Technology Commercialization has opened its 12th round of Ideadvance Seed Funding for Wisconsin-based businesses and has expanded eligibility and tracks for established small businesses with innovative approaches, according to a statement from the organization. The Ideadvance program aims to foster businesses that want to advance a scalable, profitable business model. Grant dollars are earned after demonstrating key learnings toward commercialization goals. Awardees are supported by a teaching team, mentors, and the program manager as they work through the Ideadvance Lean Startup program. Eligibility changes to the program this year allow businesses with a team member associated with any UW System institution to compete in this grant program.