A unique public-private collaboration between the University of Wisconsin–Madison College of Engineering and growth capital firm WISC Partners will connect regional technology companies with university engineering experts, according to a release from the UW–Madison College of Engineering. The program will also create a new avenue for funding that can supplement existing college revenue from traditional industry collaborations, federal grants, and philanthropy.
Founded by a UW–Madison engineering alumnus, WISC Partners provides operating capital to entrepreneurs. The company operates from Madison and Silicon Valley. The partnership includes a tiered funding model designed to return gains to the university as the WISC Partners ventures appreciate, which is similar to how a venture capital firm’s general partners might receive a return on their investment.
