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Helping to Root Innovation within a University Research Community: University Research Park at UW-MadisonOne of the nation’s most successful university research parks is found in Madison, Wisconsin. Today it encompasses 37 buildings totaling 1.8 million gross square feet, housing 125+ companies with nearly 4,000 employees. A cornerstone of its success is its ability to create a high quality environment for start-up companies. Early in its existence, the University Research Park benefitted from having the Madison Gas & Electric Company fund the creation of a 113,000 sq ft Innovation Center, which has helped more than 70 early stage companies grow since 1989. Today, the University Research Park is an integrated component of the university’s overall innovation and commercialization approaches. It is a destination of choice for spinoffs from the Wisconsin Alumni Research Foundation (WARF)—the patent and licensing agent for discoveries made by UW faculty—and houses the university’s Office of Corporate Relations, which is actively involved in connecting emerging companies to the University Research Park and cooperating with pre-commercialization research. Two new projects that recently were started include an 80,000 sq ft Accelerator Facility for second stage space for growing incubator companies in University Research Park and a new downtown Madison Metro Innovation Center.
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