Three Honored for Innovation, Entrepreneurial Excellence

In 2011, the University of Wisconsin-Madison gave its Entrepreneurial Achievement Award to three alumni: Mark Bakken, James Dahlberg, and Dorri McWhorter.

This year, the school bestowed the award on three more, the Milwaukee Journal Sentinel reports.

"I am delighted to recognize three outstanding members of our Badger community who are shepherding life-changing innovations into the world, all while creating jobs, economic impact, and social capital," UW-Madison Chancellor JenniferMnookin said in a statement.

Bakken is the founder and managing partner of HealthX Ventures, a digital healthcare venture capital firm.

He's invested in 11 different venture funds and more than 80 startups, and his companies have raised more than $1.1 billion in venture capital.

Dahlberg is a chemistry professor and co-founder of Third Wave Technologies, a biotech spinout that went public in 2001 and was later sold to Exact Sciences for $580 million.

He's also an inventor on 37 US patents and international patents, and he served as science adviser to Wisconsin Gov.

Jim Doyle.

McWhorter is the co-founder and CEO of Carex Consulting Group, a firm that advises companies on branding, marketing, and business development.

She's also a UW-Madison graduate.

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