Companies benefit by seeing work in progress, helping set research directions, and interacting with faculty and students. Sites Madison offers a diverse and complete range of business parks and incubators for technology business start-ups, expansions, and relocations. Building our own business: University Research Park now is home to 110 companies–many of which are based in biotechnology and life sciences–employing 5,500 people, up from 4,000 last year. The Park has been so successful that the University is already planning Research Park II, which will bring an estimated 200 companies and 15,000 new jobs to Dane County. The Wisconsin Technology Council is the leading catalyst for the creation, development, and retention of science- and technology-based businesses in Wisconsin.
Wisconsin Biotechnology and Medical Devices Association, based in Madison, is dedicated to influencing public policy, developing biotech's image, and increasing biotech research funding. Academic programs are constantly adapting to meet the needs of State business and industry. Faculty research is spurring innovations that lead to new companies and high-paying jobs for the Madison region. The most significant reason why opportunities abound is due to the University of Wisconsin–Madison. University of Wisconsin-Madison UW-Madison is a powerful economic engine for the Madison region and State of Wisconsin.