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State puts up $1 million for James Thomson's new stem cell startup

Madison, Wis. - Gov. Jim Doyle, as part of a directive to provide $5 million in state funding to companies involved with stem cell research, has announced the state will provide $1 million in state loans and grants to a company co-founded by stem cell researcher James Thomson.

Thomson, the University of Wisconsin-Madison professor who first isolate......

Full article >>> "to supply blood products for human health," he added.

Stem Cell Products will receive $750,000 in loans and a $250,000 grant from the Wisconsin Department of Commerce. The company also has been designated as a qualified new business venture and is therefore eligible for investor tax credits under the Angel Investor and Venture Fund Tax Credi......

Full article >>> e one as governor."

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Source:wistechnology.com By WTN News 10/10/06


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