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WEDC giving $90k for "Madworks at Campus" business program

MADISON, WI (WTAQ) - Eleven start-up businesses are getting help from a summer program at UW-Madison.

The Wisconsin Economic Development Corporation provided $90,000 for a program called "Madworks at Campus."

It's a 12 week program in which the chosen start-up companies get help with mentoring, business development, and setting up office space. They also get up to $10,000 in seed funding.

WEDC leader Reed Hall says the goal is to link dedicated entrepreneurs with mentors who can help guide them to set up viable businesses, and boost their growth potential.

70 companies applied for the program. The 11 chosen firms are working on things like more efficient Web site building, smartphone software for ice fishing, software for decisions on organ donations, a new Internet patent search tool for attorneys.

(Story courtesy of Wheeler News Service)