The Wisconsin Economic Development Corporation (WEDC) and the Center for Technology Commercialization (CTC) are now accepting applications until April 22 for Stage 1 and 2 of the Ideadvance Seed Fund, a grant awarded to University of Wisconsin faculty, staff and student teams.

According to the website, the fund aims to empower entrepreneurs to focus on key go-to-market activities. The grant is intended to support specific commercialization steps or milestones that will reduce the business risk in ideas and ultimately help make a business investor-ready.

Stage 1 grants are for up to $25,000 and Stage 2 up to $50,000.