Barry Orton, a UW-Madison professor of continuing studies who advises many communities in their franchise negotiations, is quoted.
Category: Business/Technology
Who owns Luther’s Blues a mystery
A deal appears to be in the works to straighten out the troubled downtown music venue Luther’s Blues, but there is confusion about who is currently running the show.
“We want to improve the tarnished image of the place. It is definitely tarnished,” said Michael Loveless, who lives in Seattle, Wash., and is calling himself one of the new owners.
Luther’s sings blues on financial front
Employees walked out, creditors say they went unpaid, and the phone lines were disconnected for a time.
It wasn’t long ago that Luther’s was the darling of the local club scene. It opened in late 2000, just a few months before the fire that destroyed O’Cayz Corral, and rose to prominence as one of a handful of live downtown music venues.
A change of operators appears to be in the works for the club at 1401 University Ave., and a power struggle has ensued. How it plays out remains to be seen, and the straight story is elusive.
New database extends UW’s business outreach efforts
With more than 250 buildings, 153 departments, 41,500 students, scores of labs, dozens of consortiums and a head-spinning number of faculty and researchers, the UW-Madison campus can be an intimidating place to navigate.
“We’ve got a large number of resources for business people, but people often don’t know where to turn,” said Noel Radomski, a policy and planning analyst in the university’s Office of Corporate Relations (OCR).
Applying business skills in social area
Lessons in business and philanthropy aren’t usually taught together. But a new class that just wrapped up at the UW- Madison School of Business showed MBA candidates that they can apply entrepreneurial skills to social problems.
Students who took the class “Social Entrepreneurship: Redefining Markets and Organizations” said the course opened their eyes to a world possibilities.
UW-Madison Starts Resource Web Site
A new online database has been launched by the Office of Corporate Relations at UW-Madison to provide businesses and others with another tool to identify and access resources and services at the university.
The Wisconsin Business Resources Database contains links to nearly 100 offices on the Madison campus, and has a growing list of other campuses in the University of Wisconsin System. Its Web address is www.wbrd.wisc.edu.
Bone Care strikes a deal
Middleton-based Bone Care International Inc., a drug-maker that has seen its sales soar in the past two years, agreed to be bought by Genzyme Corp. for about $719 million in cash, the companies announced Wednesday. Bone Care was founded in 1987 as a division of Lunar Corp., which grew out of bone research at the University of Wisconsin-Madison and was later bought by GE Medical Imaging.
Massachusetts firm to buy UW spinoff Bone Care for $600 million
Madison, Wis. ââ?¬â? Massachusetts-based Genzyme Corp. said on Wednesday it has agreed to buy Bone Care International, a University of Wisconsin-Madison biotech spinoff, for $600 million in cash.
UW grad hopes to mold Dane County into drug research dynamo
Trevor Twose says he thoroughly enjoyed his days as a post-doctoral researcher at UW-Madison in the early 1970s.
“Those were interesting times for a number of reasons,” says Twose, a wry smile washing over his lean face. “Molecular biology was just breaking through. My work mostly focused on drug resistance in bacteria.”
San Francisco: Stem cell’s Silicon Valley?
San Francisco has grabbed the lead among California cities battling for the state’s new embryonic stem-cell research headquarters, a $3 billion program that could fuel creation of biotechnology’s version of Silicon Valley.
UW’s Wiley attends political fundraiser
University of Wisconsin-Madison Chancellor John Wiley made a guest appearance at a political fundraiser on Thursday night for a Brookfield Republican.
Sen. Ted Kanavas’ campaign held the $100-per-person cocktail reception at the Madison Club, with information technology as the theme. Wiley’s special assistant, Casey Nagy, said the chancellor wanted to attend because it would be an opportunity to meet many people in the field of technology and venture capital.
Wiley would not make an endorsement or give any money at the event, Nagy said.
Nanotechnology report
Outline of the recommendations contained in the “Report of the Madison Area Citizen Consensus Conference on Nanotechnology.”
Nano-sized, huge impact on society
A group of Madison area citizens has leaped ahead of the latest technological revolution – nanotechnology – previously the realm of researchers and science fiction books such as Michael Chrichton’s scary “Prey.”
….Members of the citizens group who spoke during a press conference at the State Capitol on Thursday included Gail Vick, 52, of Madison, a manager in a corporate computer technology customer service area.
“I feel very privileged to have taken part in this innovative model for connecting ordinary citizens with the potential outcomes of scientific research that will undoubtedly affect our lives and the lives of our fellow world citizens in many ways,” she said.
Spring graduates finding good job prospects
After watching his two older brothers struggle to find work when they graduated in 2001 and 2003, fifth-year psychology major Adam Miller was prepared for a trying job hunt of his own.
But he said he started to relax when companies began contacting him in January after seeing his resume on a UW- Madison job site.
More than just following the rules
UW-Madison Business School Dean Michael Knetter also has noticed an increased interest in ethics, both from students and the general public.
“What’s changed is people are asking us about it now,” he said. “Students bring a heightened awareness of that coming in, relative to where they were before.”
UW-Madison’s evening MBA revamps curriculum
Student surveys and a program review have led to major curriculum revisions in the Evening MBA program (EvMBA) at the UW-Madison School of Business.
Starting in fall 2005, incoming students will be part of a new program, streamlined and more geared to international perspectives and concerns, said Linda Uitvlugt, director of operations for the program.
UW aims to build sweatshop coalition
The University of Wisconsin-Madison will build a coalition of colleges to encourage apparel makers to disclose more about where they make their products.
Chancellor John Wiley met on Wednesday afternoon with current and former members of the university’s Labor Licensing Committee. The committee is charged with advising Wiley’s office on matters of UW-logo licensed apparel.
New group will work to boost area economy
Leaders from business, government, non-profits and education are aiming to grow Dane County’s economy while preserving and advancing the quality of life here by working together in the Collaboration Council.
(Chancellor John Wiley is quoted in this story.)
Villager vision: Fuse retail, service
More than 100 people turned out Monday night for a public workshop to tell city planners and consultants what they’d like to see in the redeveloped Villager Mall on South Park Street.
Overwhelmingly, neighborhood residents and other interested parties want a grocery store, farmers’ market, teen center, day care center, incubator for start-up businesses, education and training facility, family restaurant, coffee shop, health club and senior center.
$1M gift for UW journalism
James Burgess, former publisher of the Wisconsin State Journal and executive vice president of Lee Enterprises, has made a $1 million gift to the UW-Madison School of Journalism to establish an endowed professorship in ethics.
The James E. Burgess Ethics in Journalism Chair will be part of an envisioned center devoted to issues of fairness, accuracy and integrity in the media. A nationwide search is planned to award the chair.
Ex-State Journal publisher gives $1 million to UW
Issues of ethics in journalism, thrust into the spotlight by recent scandals, will soon have a more prominent place at the UW-Madison School of Journalism and Mass Communication, thanks to a $1 million gift from former Wisconsin State Journal Publisher James Burgess.
WARF suit says firm violated contract
The Wisconsin Alumni Research Foundation, the technology transfer and licensing arm of the UW-Madison, has filed a lawsuit against Xenon Pharmaceuticals Inc., charging it with breach of contract and other violations of its agreement with WARF.
Attorneys for WARF said the suit, filed Wednesday in U.S. District Court in Madison, seeks to ensure that the interests of UW-Madison and its inventors are protected and that WARF receives its contractual share of a $157-million agreement entered into by Xenon, which is in British Columbia, Canada.
GOP deserves rebuke for restricting science
Assembly Republicans ought to be embarrassed by the mess they made of a bill to encourage businesses to create research-related jobs in Wisconsin.
The Assembly last week passed the bill, to offer businesses tax credits for conducting research and development, but only after attaching an amendment to withhold the credits from businesses focusing on human cloning or research into new lines of human embryonic stem cells.
Consumers rushing to file for bankruptcy
Quoted: Richard B. Jacobson, a Madison lawyer and lecturer at the University of Wisconsin-Madison Law School.
A $10,000 business plan
Their business might be worth millions in five years, but the business plan alone was worth a cool $10,000 for the two UW-Madison entrepreneurs who crafted it.
Tony Escarcega, 31, and John Puccinelli, 25, beat out 13 other teams of UW-Madison hopefuls last week to capture the top prize in the eighth annual G. Steven Burrill Technology Business Plan Competition at Grainger Hall, the university’s business school.
Drug-delivery patch wins at UW business-plan competition
Madison, Wis. ââ?¬â? A drug-delivery patch took first place and $10,000 in the G. Steven Burrill Technology Business Plan Competition, the University of Wisconsin-Madison’s annual contest for student entrepreneurs.
UW-Madison spinoff Pedrus finds more to business planning than good science
Pedrus Pharma, a University of Wisconsin-Madison spinout that has sped to the finals in the Governor’s Business Plan Contest, may put a stop to the annual flu vaccine hoopla, among other things.
Editorial: Get city out of sweatshops
Cities across the country have taken steps to stop doing business with firms that deal in goods made in sweatshops, and Madison needs to join the coalition of conscience.
District 8 Ald. Austin King, fresh from his landslide re-election in April 5 local voting, wants the city to set a standard that says no public funds will be used to purchase “goods made under the deplorable, inhumane conditions of a sweatshop.”
Doyle raps stem cell curb; says plan to cut tax breaks hurts firms and he’ll veto it
Gov. Jim Doyle is blasting a Republican proposal to cut off state tax breaks for Wisconsin companies seeking to develop new stem cell lines.
Doyle said the move would close the door on new research in Wisconsin and sends the wrong message to biotech businesses seeking to locate or expand here.
Doyle to veto GOP tax credit plan
� Gov. Jim Doyle on Wednesday said he would veto any proposed business tax credit that excludes companies doing embryonic stem-cell research.
Doyle reacted angrily to a bill approved by the Assembly late Tuesday night that would give research and development tax credits to Wisconsin companies, with the exception of those that focus on human cloning or research new lines of embryonic stem cells.
Big firms take plunge into stem cell research (Wall Street Journal)
Stepping gingerly into a politically charged arena for the first time, some large companies in the United States are pursuing plans to study stem cells drawn from early-stage human embryos.
Noted: Becton Dickinson received supplies from the University of Wisconsin.
Tech leaders disappointed with Assembly stem cell vote (WisBusiness.com)
Wisconsin political, business and science leaders who have pushed the state’s nascent biotech industry reacted with dismay Wednesday to a vote by the Assembly Tuesday night that would bar companies doing research on new stem cell lines from applying for research and development tax credits.
MBA Applicants Are MIA (BusinessWeek)
As tuitions soar and the job market strengthens, some B-schools are downsizing — and all are getting less selective.
Student biz plan competition set
A total of $22,000 in prize money is available in an annual competition at UW-Madison showcasing student entrepreneurs’ innovative business ideas.
Fourteen teams of UW-Madison students will compete in the G. Steven Burrill Technology Business Plan Competition in Grainger Hall, 975 University Ave., on Friday. The event is open to the public with the winning team, which will receive $10,000, announced at 5:45 p.m.
State looks into single food vendor
Convicts, college kids and visitors to the governor’s mansion could all soon be chowing down on fare provided by a single food vendor mandated by the state.
As part of Gov. Jim Doyle’s plan to consolidate agency purchases across state government, the Department of Administration is issuing a request for proposals this week seeking one or more primary food vendors that would provide meat, cereal, dairy and other food products to all state agencies and the University of Wisconsin system.
UW officials in particular are troubled at the idea of having to deal with a primary food vendor, and the university’s current vendors are worried about losing their contracts.
Jackson almost killed Onion, editor reveals
Janet Jackson nearly took down the newspaper that made Madison famous.
During a University of Wisconsin-Madison campus lecture Monday night, former Onion Editor in Chief Robert Siegel said the singer nearly took the satirical newspaper to court after a crude 1990s story about a boy who was supposedly being granted a wish by the Make-a-Wish Foundation.
Doug Moe: Drink special lawsuit finally tossed
IT MAY be just a coincidence, but it’s a good one. On April 7 last year, a crew from the cable channel Comedy Central came to Madison to “report” on the lawsuit filed by three UW-Madison students against 24 campus bars alleging the bars fixed prices by agreeing not to offer drink specials on weekend nights.
Comedy Central’s interest was not sparked because the network thought the lawsuit would one day be debated and studied by the world’s great legal minds. No, like most everyone else, Comedy Central thought the lawsuit was ridiculous.
Supreme Court to hear patent law case
The Supreme Court will hear a patent case regarding the protection of research tools April 20 which numerous organizations and universities, including the Wisconsin Alumni Research Association, have taken active roles in the case�s discussion.
Dave Zweifel: GOP governors feel TABOR’s pinch
Following are the first two paragraphs of a story that appeared in the Washington Post only a few days ago:
“Gov. Bill Owens has been crisscrossing the country for years promoting the virtues of (Colorado’s) strict constitutional limits on government spending. He has repeatedly urged other states to adopt restrictions of their own, based on Colorado’s ‘Taxpayer Bill of Rights’ amendment, known as TABOR.
“But this summer, Owens, a Republican, says he’ll be traversing his own mountainous state pushing the opposite message.
Student loan companies offer growth potential
College education costs are rising at a faster rate than household income, creating funding challenges for students but opportunities for investors.
UW urges shift back to family housing
The University of Wisconsin-Madison is inviting the city, neighborhood activists and property owners to map a strategy to upgrade the housing stock in four neighborhoods bordering the campus.
Associate Vice Chancellor Alan Fish told the city Housing Committee Wednesday night that conditions are ripe for the conversion of rundown apartment houses in the Bassett, Mifflin, Greenbush and Vilas neighborhoods to owner-occupied homes.
Wanted: CEO, no Ivy required: Fewer of today’s corporate leaders come from Ivy League schools
Imagine how far Brenda Barnes would have gone had she graduated from Harvard, Princeton or Yale. No need, Barnes says. Attending Augustana College in Rock Island, Ill., ââ?¬Å?made me CEO of Sara Lee,ââ?¬Â she says. With a workforce of 150,400 and 2004 sales of $19.6 billion, Sara Lee is the largest corporation with a female CEO.
PR firm to help hype state’s stem cell status
In the upper Midwest, modesty is considered a virtue.
But in the competitive world of stem cell research, not tooting your own horn enough can be counterproductive.
UW evening MBA program going global
Sweeping changes starting this fall in the UW-Madison evening MBA program have it geared more toward international perspectives and concerns.
Along with major curriculum revisions, a big addition is an international trip in the second year of the three-year program, said Linda Uitvlugt, director of operations for the program.
UW-Madison adds international trip to MBA studies
Beginning next year, most students in the University of Wisconsin-Madison’s evening MBA program will take an international trip as part of their studies.
Employers deliver Medicaid message
Quoted: Barbra Wolfe, an economics professor at the University of Wisconsin-Madison.
Charles in Charge (Madison Magazine)
“One of my dreams is to take a year off and sail around the world,” says Charles Hoslet, Director of the UW’s Office of Corporate Relations (OCR). “I’m certainly not at the point where I’m going to check out for a year, but it’s definitely on the list of things I want to do,” the UW Exec says. In the meantime, Hoslet is at the helm of the UW–Madison office designed as the link between business needs in the Badger State and the resources on the UW-Madison campus. Still in its infancy, OCR will celebrate its second anniversary in July.
Striving to reach first tier
In a word, Michael Knetter is impatient.
When he took the reins of the UW-Madison Business School nearly three years ago, he made improving the quality and reputation of the school’s graduate program his top priority.
Stem cell pioneer launches new company
Stem cell pioneer James Thomson has started a company with two other University of Wisconsin-Madison faculty members that aims to provide drug screening services to the pharmaceutical and biotechnology industries.
Tom Still: Walking a line on stem-cell research (Capital Region Business Journal)
Massachusetts Gov. Mitt Romney has drawn a thoughtful ethical line with his decision to support one type of human embryonic stem cell research in his state and to oppose another. Although the distinction made by Romney was largely lost in news coverage of his announcement, it could define a more constructive debate about stem cell research in Wisconsin and nationwide.
Stem cell leader opens business
Stem cell pioneer and University of Wisconsin researcher James Thomson is opening a business at the UW Research Park.
Cellular Dynamics International, Inc. will work on cellular tissue regeneration involving the heart; the research there will involve stem cell research, but will not be limited to that, according to an industry insider familiar with the business who wished not to be identified.
Students cash in on ideas, brainpower
Coming up with an idea for a company can be difficult-unless coming up with ideas is the company.
Two UW-Madison students have pioneered a business that markets ideas-the least tangible but perhaps most valuable asset of a successful company. In April 2004 Anand Chhatpar and Nate Altfeather co-founded BrainReactions, a company that outsources ideas to high-tech and consumer product firms.
UW’s stem cell pioneer to start business in Madison
Dr. Jamie Thomson, the UW-Madison scientist who first isolated and reproduced human embryonic stem cells, has leased space at the University Research Park and will be starting a bioscience company.
Group eager to help startups
As the regional economy continues its recovery, a growing number of economic development organizations are working together to foster a new generation of Wisconsin startups that they hope will fuel the state’s economic growth.
“Rather than look at it as there are all these different groups that are doing all these different things, instead we’re starting to really bring people together,” said Joe Kremer, director of Wisconsin Angel Network, a nonprofit group aimed at connecting local businesses with regional investors.
Kremer was one of a handful of panelists who addressed about 80 representatives from the professional services industry Tuesday at University Research Park.
Four quit UW anti-sweatshop panel: They say Wiley disregarded committee’s input
Four members have resigned from an anti-sweatshop advisory committee at the University of Wisconsin-Madison, citing disagreements with Chancellor John Wiley.
The conflict centered around the best way for the university to keep licensees of UW logo apparel from moving their factories to China, a nation with a poor record on labor rights.
UW System ranks 8th in number of U.S. patents
The United States Patent and Trademark Office (USPTO) released a preliminary list of the top 10 universities with the most patents for inventions March 18, where the University of Wisconsin System placed eighth for most patents in 2004.
Discovery Institute well worth the cost (WSJ, 3/25/05)
Gov. Jim Doyle is seeking $19 million in his state budget that for a project that, by comparison to its cost, has the potential for a gigantic payback.
The $19 million would help build the first phase of the Wisconsin Institute for Discovery, an ambitious research center for biotechnology that would rise on the UW-Madison campus over the next 10 years.
Can Lands’ End remain true?
Whatever its fate, Lands’ End is changing. But hopefully not too much for loyal customers.
UW-Madison emeritus professor of business Jon Udell is quoted in this story about the key to the company’s future success.
Fewer start-ups spawned on university campuses
Amid scarce start-up money, the number of young companies spun off by universities is tumbling ââ?¬â? pinching revenue needed to dampen tuition increases.
Mike Ivey: The best and brightest get out of Dodge
Yikes.
What to make of the new report that young people are leaving Madison in droves?
…the report raises some interesting questions about whether Madison is as hip and cool today for young people as it was for the Vietnam era Baby Boomers. The numbers seem to suggest it isn’t.