Quick Hits

The programs offer state income tax credits to start-up investors and seedstage investors in venture capital funds. The newly qualified companies are: Quintessence Biosciences, OvaTech, Marvel Medtech, and GenTel BioSurfaces.

Research consortium forms
Representatives of the UW System, UW-Madison, UWMilwaukee, the Medical College of Wisconsin and the Marshfield Clinic have agreed to form a consortium to attract classified and sensitive federal research funds to the state. The private, nonprofit Wisconsin Technology Council will serve as the administrative headquarters of the Wisconsin Security Research Consortium. The consortium will target homeland security grants.

Firm moving to Madison
Clonex Development, a biotech company in Chicago involved in genetic engineering, is getting a pair of state grants to bring the company to Wisconsin. Clonex will get $135,000 from the Department of Commerce Technology Venture Fund and Technology Assistance grant programs.

Clonex will have offices in the TEC Incubator Center, 359 Anderson St., on Madison's East Side.

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