About Wisconsin alumni research foundation
Wisconsin Alumni Research Foundation (WARF) is a non-profit organization that partners with the University of Wisconsin-Madison to support research and innovation. Founded in 1925, WARF has been instrumental in advancing scientific discoveries and bringing them to market.
The foundation's mission is to promote scientific research and education by providing financial support for innovative projects. WARF works closely with UW-Madison researchers to identify promising inventions and technologies, protect intellectual property rights, and license these innovations for commercial use.
One of the key ways that WARF supports innovation is through its invention disclosure process. When a UW-Madison researcher develops a new technology or invention, they can submit an invention disclosure form to WARF. This form provides detailed information about the invention, including its potential applications and commercial viability.
Once an invention disclosure has been submitted, WARF conducts a thorough evaluation process to determine whether it has commercial potential. If so, the foundation will work with the inventor to file for patent protection and begin marketing the technology or product.
WARF also offers licensing services for patented technologies developed at UW-Madison. Through licensing agreements, companies can gain access to cutting-edge technologies developed by some of the world's leading researchers.
In addition to supporting individual inventors and entrepreneurs, WARF also invests in science-based startups through its venture capital arm, 4490 Ventures. This fund provides early-stage funding for companies working on innovative solutions in fields such as healthcare IT, data analytics, and advanced manufacturing.
Overall, Wisconsin Alumni Research Foundation plays a critical role in promoting scientific research and innovation at UW-Madison. By partnering with researchers on invention disclosures and patents licensing emerging technologies while investing in science-based startups through venture capital arm 4490 Ventures; they are helping bring groundbreaking discoveries from lab bench into real-world applications that benefit society as whole!