Contacts:
Ethnie Groves, Office of the Governor, 608-261-2156
Tony Hozeny, Department of Commerce, 608-267-9661
Governor Jim Doyle today announced that two Dane County businesses will receive funding for technology development projects from the Department of Commerce Technology Assistance Grant (TAG) Program.
“In Wisconsin, we are working hard to foster entrepreneurial growth and develop new businesses that create good-paying jobs,” Governor Doyle said. “My ‘Grow Wisconsin’ plan calls for supporting and assisting entrepreneurs in their efforts, and I am pleased that we could help BioSystem Development and Quintessence Bioscience continue their growth and development.”
The projects are as follows:
BioSystem Development, LLC, is a Middleton company established in 2002 to develop products to improve conventional protein assay test methods. The company will receive a $11,250 TAG to hire professional services necessary to complete the filing of utility patent applications. For more information on the company, visit www.biosystemdevelopment.com.
Quintessence Biosciences, Inc. is a Madison company established in May 1998 to focus on the development of novel protein-based therapeutics for a variety of disease states. It will receive a $15,000 TAG to hire professional grant research and writing assistance. For more information on the company, visit www.quintbio.com.
The TAG Program provides grants of up to $15,000 to early-stage Wisconsin high-tech companies to offset costs of hiring qualified independent parties to perform professional services. For more information on the program, contact John Stricker at the Department of Commerce, 608-261-7710.
