W Fund nabs $5 million from state to top off $25 million investment pool – Xconomy.com

The W Fund is a new $25 million investment fund that will look to spin more startups out of research labs at the University of Washington, Washington State University, and other local research institutions.  Governor Gregoire is announcing today that the state will contribute $5 million to finish off the Department of Commerce-administered fund’s total.  Read more here.