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Category: Business/Technology

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.

Big expansion for ex-Tetrionics facility

Capital Times

St. Louis-based biotech giant Sigma-Aldrich Corp., which has more than 6,000 employees and operations in 34 countries, confirmed that it will continue with a major expansion of a local biotech facility it acquired last year.

The company said the project will add 38,000 square feet to the 23,500-square-foot building at 645 Science Drive in University Research Park that houses what was Tetrionics. The former Tetrionics is now part of SAFC, a custom chemical manufacturer and a division of Sigma-Aldrich.

Rob Zaleski: Upscale homes put prairie at risk

Capital Times

Greg Armstrong, the former director of the University of Wisconsin Arboretum, saw it coming.

He knew that when the Fitchburg City Council approved the upper-crust Harlan Hills subdivision in 1998 – shortly after Fitchburg residents had voted not to borrow $750,000 to help purchase the 73-acre site just east of Seminole Highway – it was yet another setback for the Arboretum’s prized but ecologically fragile Greene Prairie.

Reader views: Extend benefits to all

Wisconsin State Journal

Extend benefits to all In response to the Monday editorial, “Allow the UW system domestic partner insurance benefits,” we need to go one step further and allow all state employees the same. It is already set for city and county government employees. Why not the UW and state?

Potosi turns to UW-Platteville students for help

Wisconsin State Journal

The village of Potosi has tourism potential. But like many rural communities, it doesn’t have much capital to invest in developing it.

UW-Platteville has always made itself available to help surrounding communities, said Duane Ford, dean of the College of Business, Industry, Life Science and Agriculture. Five years ago, however, the business of helping became official with the formation of the Community University Partnership.

Big guns target Holtzman

Capital Times

A determined effort is under way to unseat Ald. Steve Holtzman, the city alderman for District 19 since 1995.

Challenger Noel Radomski has already tapped the endorsement of City Council President Brenda Konkel and the high-profile services of Mark Bugher, director of University Research Park and chair of the Economic Development Commission. Bugher has signed on as campaign treasurer.

Reader views: Wage too low, even for students

Wisconsin State Journal

Wage too low, even for students Mac VerStanding claims raising the minimum wage would ruin State Street, which he describes as “lined with locally owned stores staffed largely by college students doing homework behind the counter.” He goes on to suggest that these college students are well taken care of with financial aid and pre-paid room and board: Even paid a mere $5.15 an hour, these students greatly appreciate the wage, which goes to textbooks or walking-around money.

Tom Still: Lawmakers must embrace Doyle’s biotech plan

Wisconsin State Journal

The response has been less than overwhelming to Gov. Jim Doyle’s proposal to invest nearly $750 million in public and private money in Wisconsin’s biotechnology future. Budget-conscious members of the Legislature have choked on the price tag, opponents on stem cell research have once again protested, and Milwaukee politicians have asked if they’re being shortchanged in favor of Madison.

Lawmakers must embrance Doyle’s biotech plan (Wisconsin State Journal)

“The response has been less than overwhelming to Governor Jim Doyle’s proposal to invest nearly $750 million in public and private money in the state’s biotechnology future…,” says Wisconsin Technology Council president Tom Still.

“Doyle should address all legitimate gripes about the specifics of his plan, but he shouldn’t back down a nanometer on the core idea behind it: Wisconsin has a chance to be a national leader in biotechnology, including stem cell research, and that opportunity won’t wait forever while we wring our hands.” (12/26/04 Opinion)

Gard wants ‘sunshine’ law

Capital Times

Assembly Speaker John Gard has proposed a new “sunshine” law that would require any individual or organization that attempts to win a procurement or construction contract with the state to register and report on their activities to the state Ethics Board, as lobbyists do.

Students to Bear More of the Cost of College

New York Times

College students in virtually every state will be required to shoulder more of the cost of their education under new federal rules that govern most of the nation’s financial aid.

Because of the changes, which take effect next fall and are expected to save the government $300 million in the 2005-6 academic year, at least 1.3 million students will receive smaller Pell Grants, the nation’s primary scholarship for those of low income, according to two analyses of the new rules.

Should contractors with state report to Ethics Board?

Wisconsin State Journal

Contractors seeking work from the state would have to report to the state Ethics Board how they try to influence the procurement process under a change proposed Wednesday by Assembly Speaker John Gard….Gard’s proposal would include building contractors, who do about $400 million a year in work through the state Building Commission.

UW’s DeLuca tops Madison biz awards

Capital Times

UW-Madison Professor Hector DeLuca and three local proponents of economic development were the winners of the fifth annual Best of Madison Business Awards from Madison Business, which is part of Madison Magazine.

DeLuca, chair of the UW Biochemistry Department and CEO of Deltanoid Pharmaceuticals, received the Brian D. Howell Award for Excellence in Innovation.

Only UW won’t offer same-sex benefit

Wisconsin State Journal

Starting next month, UW- Madison will be the only Big Ten university that does not offer health insurance for the partners of its gay and lesbian staff. It’s a distinction school officials say will hurt the university’s ability to recruit and retain employees.

Penn State University, the only other holdout, will add it as an official benefit, likely in January. Penn State now offers such coverage using private donations.

Health insurance for domestic partners is not allowed for state employees, including at the university, under Wisconsin law. Coupled with the state’s long-standing, lower- than-average salaries, it hurts the university’s competitive edge, school officials said.