MILWAUKEE – The University of Wisconsin–Milwaukee Research Foundation (UWMRF) announced that the Lynde and Harry Bradley Foundation will fund up to $500,000 in new Catalyst Grants in 2009.
The Catalyst Grant Program provides seed funding for promising research projects at the University of Wisconsin–Milwaukee (UWM) that have strong potential for commercialization and making an impact on the local economy. Projects are selected based on their scientific excellence as judged by outside experts as well as their potential for creating university-corporate partnerships, intellectual property and startup companies.
Support from the Bradley Foundation allowed the Research Foundation to fund seven catalyst grants in 2008 totaling $500,000. These grants are already having a positive impact commercializing UWM research, supporting active patent applications and new collaborative ventures with area business.
The Research Foundation will recommend new grants for funding to the Bradley Foundation this summer.
“We were very impressed with the quality of the projects,” said Michael W. Grebe, President and CEO of the Lynde and Harry Bradley Foundation. “We hope this research can serve as a driving force for Milwaukee’s economic growth.”
The UWM Research Foundation is grateful for the Bradley Foundation’s continued support, said President Brian Thompson. “The success of the Catalyst Grant Program is built on great research conducted at UWM and great support from visionary leadership in the community like that at the Bradley Foundation,” said Thompson.
Since its inception, the Catalyst Grant Program has funded 10 projects totaling $670,000 with support from the Bradley Foundation and Rockwell Automation.
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(CONTACT: Brian Thompson, 414-229-3397, briant@uwm.edu.)
