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Category: Business/Technology

FYI: UW scoops up Culver’s as sponsor

Capital Times

FYI: On Todd Drive there’s a Culver’s restaurant billboard that has Bucky Badger on it. Does Culver’s pay a fee to use Bucky’s image or is it part of a sponsorship package? Since Bucky is trademarked or copyrighted, how does the arrangement work?

(Another question relates to the recent protest at a U.S. Navy recruiting booth at a campus recruitment fair.)

Wisconsin may reap stem cell royalties

Milwaukee Journal Sentinel

California may be the state ready to spend $3 billion on stem cell research, but Wisconsin is in line to get a piece of that action. The Wisconsin Alumni Research Foundation may be positioned to play a big role in, and perhaps even profit from, the huge cash infusion California is making in stem cell research.

A new kind of brain drain

Milwaukee Journal Sentinel

When software maker Intuit Inc. decided to create a Web site to help young people use its Turbo Tax program, the company turned to two University of Wisconsin-Madison students for ideas on how to appeal to Generation Y.

A Struggling Science Experiment

Washington Post

SAN FRANCISCO — Last fall, a group of pioneering scientists, venture capitalists and entrepreneurs sold Californians on the ultimate startup, one with shoot-for-the-moon ambitions. The men and women pitched the state’s residents on a new science that they said might one day lead to cures for humankind’s worst diseases. “Save Lives with Stem Cells!” campaign posters urged.

Clearly focused: UW MBA program changes direction

Capital Times

Michael Knetter, dean of the University of Wisconsin School of Business, is a strong believer in the good old Midwestern work ethic.

He believes bright and able MBA students from Wisconsin need to work both harder and smarter than their counterparts at big name business schools to land the kind of challenging, high paying jobs that are a primary goal of an advanced degree in business.

Regent St. tavern sold

Capital Times

The Oakcrest Tavern at 1421 Regent St. – site of an ongoing dispute with neighbors over noise on football Saturdays – has been sold out of bankruptcy for $620,000 to an ownership group that includes former University of Wisconsin basketball player Rod Ripley (1983-87).

The bar has changed its name to Lucky’s Bar & Grille and will use a red clover leaf on its signage.

High rise student housing OK’d

Capital Times

Despite concerns about tearing down five 19th century homes and blocking views of the Capitol, the city Plan Commission approved a 12-story student apartment tower at the corner of West Gorham and Broom streets.

The $14 million project from Karl Madsen and Mike Fisher of Great Dane Development is the latest in a series of high-rises near where West Gorham turns into University Avenue.

Dry ice firm opens branch

Capital Times

Landing a UW-Madison contract has prompted an Illinois-based dry ice company to open a Madison distribution center. Continental Carbonic Products of Decatur is leasing the facility at 2843 Progress Road after it was the winning bidder for the UW contract, which started last month.

Upbeat Doyle gets financial big chill

Capital Times

While Gov. Jim Doyle was touting Wisconsin’s amazing job growth turnaround, a Wall Street analyst was warning about the state living on borrowed money.

Richard Raphael, executive managing director of Fitch Ratings, said that Wisconsin faces “structural imbalances” in its government operations that cannot be solved through economic growth alone. The current state deficit stands at $1.6 billion.

Doug Moe: A national toast to State St. Brats

Capital Times

THE FEB. 7 Sports Illustrated, in mailboxes around the country today, picks the 25 best sports bars in the United States, and coming in at No. 13 is State Street Brats in Madison.

“Simply the best sports bar in the nation’s best college sports town. This is where the Grateful Red and alums have been gathering since 1953 to do what Wisconsinites do so well: drink and root….

“State Street also boasts the best drink special in the land….”

Ads demean women, speaker says

Capital Times

“And today it’s far more extreme, far more ubiquitous and far more pornographic,” media critic Jean Kilbourne told a crowd of UW-Madison students Wednesday night during her Distinguished Lecture Series presentation at the Wisconsin Union Theater.

….The models portrayed in ads have a body type that only 5 percent of women have. They are genetically thin for the most part, but still often starve themselves, Kilbourne said.

“Attempting to achieve this ideal causes a lot of suffering,” she added.

Epic maintains mystique on road to prosperity

Capital Times

It’s arguably the greatest high-tech success story in Wisconsin, with a new $150 million headquarters rising from the snow-covered rolling countryside of western Dane County. Some 2,000 employees could soon call it home, with hundreds more expected to join the payroll in coming years.

…Epic Systems has its roots in the UW-Madison computer science department, where a group of graduate students decided to form a company to put their expertise to use. Their philosophy: Do Good, Have Fun, Make Money.

Women inspired by Lawton initiative

Capital Times

Laura Moore, a UW-Madison political science student, said she brought the word about Lt. Gov. Barbara Lawton’s Wisconsin Women Equal Prosperity initiative back home to Wisconsin Dells, where she told her hairdresser about it.

Moore was among the student and young professional women inspired Thursday by Lawton’s talk on the initiative, which seeks to improve women’s ability to contribute to the state’s economic development.

WARF director to advise U.S. patent office (WTN)

Wisconsin Technology Network

Madison, Wis. � Carl Gulbrandsen, the managing director of the Wisconsin Alumni Research Foundation, will serve a three-year term on the national Patent Public Advisory Committee, officials have announced. He will help guide the U.S. Patent and Trademark Office in its procedures.

Still: Life-science research plan is about more than stem cells (WTN)

Wisconsin Technology Network

As more states line up to promote human embryonic stem-cell research, policymakers and investors will ask, ââ?¬Å?Will it pay off for all?ââ?¬Â The most likely answer is no. But among those states poised to compete with Californiaââ?¬â?¢s $3 billion initiative, Wisconsin may be the best positioned for success.

State 9th in 2004 job growth

Milwaukee Journal Sentinel

Wisconsin added jobs at a faster pace than all but eight other states in the last 12 months and added more factory positions than the next four states combined, according to preliminary data released Tuesday. Quotes Laura Dresser, a labor economist and research director at the Center on Wisconsin Strategy at the University of Wisconsin-Madison.

Customers feel natural gas squeeze

Milwaukee Journal Sentinel

The soaring price of natural gas has hit home for both consumers and businesses. Mentions that more gas-fired plants will open this year, including three in Wisconsin – the first of two We Energies plants in Port Washington, a Madison Gas & Electric Co. plant on the University of Wisconsin-Madison campus and a Calpine Corp. plant in Kaukauna.

Crop of kilowatts

Milwaukee Journal Sentinel

Madison-based Virent Energy Systems this spring will build a hydrogen generator that will supply a small amount of electricity to the power grid. The move is another step forward for the renewable-energy firm that was hatched in a University of Wisconsin-Madison laboratory.

UW to utilize new Japanese program

Badger Herald

The University of Wisconsin recently signed a $200,000 software development contract with the National Institute of Information and Computer Technology (NiCT) in Japan. The contract is intended to promote the development of educational uses for Croquet, an open-source software system.

Surge in biotech investments fuels overall VC gain

USA Today

Well-heeled investors poured billions into young biotech companies last year, powering overall start-up investing to its first annual increase in four years. The venture-capital investments underscore the growing interest in the emerging biomedical industry, which is creating treatments for cancer and other diseases.

Games that make leaders: top researchers on the rise of play in business and education (WTN)

Wisconsin Technology Network

Madison, Wis. � If the last video game you played was Pac-Man, you might have missed the advances that turned games into immersive training tools for skilled professionals and leaders.

Three University of Wisconsin-Madison professors, among the top researchers in learning through game-playing, explained the advantages of games over traditional teaching tools Thursday evening.

12 ATHENA Award nominees

Capital Times

Not to be outdone by Hollywood and its dazzling array of award ceremonies, Madison has its own recognition programs. Among them is The Business Forum’s annual ATHENA Awards.

This year’s list of nominees includes Robin Douthitt, dean of UW-Madison’s School of Human Ecology.

‘Suite’ life at the UW

Capital Times

The Badger with the biggest snarl in the Kohl Center isn’t the one that taunts the visiting team’s fans. It’s the one under glass in a suite rented by Gorman & Co., the Madison developer. The burrowing carnivore is real, stuffed, and looks poised for attack. It’s a talker among sports fans, but not the only one.

Let’s Rein In Local Spenders

Wisconsin State Journal

The goal “is to begin building a movement that will change Wisconsin’s political landscape, giving power back to people” instead of to the special spending interests who lobby our government for favors, at the expense of the taxpayers.

Experts Say That After A Year of Steady Growth, The State Is In For The Same In 2005

Wisconsin State Journal

Quoted: Don Nichols, economic professor and directo of the university’s La Follette School of Public Affairs.

Despite having about 80,000 fewer manufacturing jobs than when the decade began, the state in 2004 surpassed its pre-recession employment level, and the troubled sector helped spur economic growth as businesses again began buying capital equipment.

Banlocal minimum wage Ordinances

Wisconsin State Journal

The bidding has commenced. Now it’s time to ban local minimum wage laws before the city councils of our state succumb to the easy politics of giving people more money without having to raise taxes. It’s just too tempting when you’re giving away other people’s money.

Don Nichols: Let homeowners defer property tax hikes

Wisconsin State Journal

The immediate causes of Wisconsin’s budget deficit are twofold. First, along with many other states, our tax receipts fell when the dot.com bubble burst, and we now struggle to fund our growing needs from a shrinking tax base. Second, some bad budgeting decisions postponed a confrontation with the deficit, which had swelled to more than $1 billion. These immediate issues have put us in a deep hole.
Nichols is director of the La Follette School of Public Affairs, and a professor of economics and public affairs at the UW-Madison.

Technology Research Lab in Europe Prepares to Close

New York Times

DUBLIN, Jan. 17 – Nearly five years after it opened in an old Guinness brewery building, Media Lab Europe, a research institution set up during the height of the dot-com boom by the Irish government and the Massachusetts Institute of Technology, will close because of a chronic shortfall in financing.

WARF hires new investment manager

Capital Times

The Wisconsin Alumni Research Foundation, which patents and manages the licensing of the discoveries of UW-Madison researchers, has hired a new chief investment officer.

Tom Weaver, 54, has spent the last five years as senior investment manager of the $2.1 billion Fairfax County Employees Retirement System in Fairfax, Va.

Tom Still: Wisconsin Angel Network part of state�s focus on entrepreneurship (wisbusiness.com)

www.wisbusiness.com

MADISON ââ?¬â?? Five years ago, it wasnââ?¬â?¢t necessary to use terms such as “entrepreneur,” “venture capital” or “knowledge worker” when talking about the state economy. That was before the recession of 2000, the war on terror and other global trends fundamentally changed the Wisconsin landscape.

WARF investment head named

Wisconsin State Journal

An investment expert with deep family ties to the University of Wisconsin System will manage the money that’s used to help support UW research.

Tom Weaver is the Wisconsin Alumni Research Foundation’s new director of investments. He guides decisions about how to invest the $1.4 billion in WARF’s hands.

UW patent group hires new investment officer

Milwaukee Journal Sentinel

The group responsible for patenting the discoveries of researchers at the University of Wisconsin-Madison will announce today it has hired a new chief investment officer to replace the man who managed its now $1.4 billion investment portfolio for 26 years. Tom Weaver, who was senior investment manager of the $2.1 billion Fairfax County Employees Retirement System in Fairfax, Va., began overseeing the Wisconsin Alumni Research Foundation�s portfolio at the beginning of the year following the retirement of Mark Bear, said Andrew Cohn, a foundation spokesman.

To Market, to Market

Chronicle of Higher Education

Aetos Technologies Inc. pulled the wraps off a new high-tech microscope accessory last month at a scientific conference in Washington, D.C. But the unveiling of the company’s first product is probably far less significant than the existence of Aetos itself.