The Nicholas Family Foundation supports UWM’s Innovation Campus
The University of Wisconsin-Milwaukee (UWM) has announced a $750,000 gift from the Nicholas Family Foundation.
MILWAUKEE – The University of Wisconsin-Milwaukee (UWM) has announced a $750,000 gift from the Nicholas Family Foundation that will help grow the university’s new research park and science community, Innovation Campus.
Located near the Milwaukee Regional Medical Center in Wauwatosa, Innovation Campus is where business and industry meet academic research to launch intellectual property for the new century. Its location will allow easier collaboration among leaders in industry, research and medicine, accelerating discovery that will support job creation and scientific innovation in Southeastern Wisconsin.
“Our family is eager to help UWM create a vibrant research community for both the public and private sectors,” says Lynn S. Nicholas, President of the Nicholas Family Foundation. “We value this opportunity to partner with UWM to create jobs for the region through the establishment of new companies and provide unique educational opportunities for students.”
The announcement coincides with the completion of the first building on the property, the Innovation Accelerator building, funded in part with a $5.4 million federal grant.
The new building houses five engineering faculty and eight health sciences faculty labs. In addition, it includes a state-of-the-art prototyping center for turning product ideas that meet clinical needs into actual working devices.
A UWM student-manned mobile app incubator is also onsite, bringing mobile app development capabilities closer to partners at the Medical College of Wisconsin.
This is a substantial gift for Innovation Campus since construction of the building began last June. Innovation Campus has received more than $5.5 million in gifts from local philanthropists.
Architectural plans for a second research building at the campus is now underway.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.
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