Madison, Wis. ââ?¬â? Students at the University of Wisconsin’s biomedical engineering department will have a chance to bring a semesterââ?¬â?¢s worth of work into the spotlight on Friday at the Biomedical Engineering Design Expo.
Category: Business/Technology
Gulbrandsen: UW’s stem cell program primed for growth (wisbusiness.com)
Carl E. Gulbrandsen, managing director of Wisconsin Alumni Research Foundation and president of WiCell Research Institute, spoke recently with WisBusiness.com’s Brian Leaf about recent developments involving stem cells and their implications for Wisconsin.
Sinking dollar mainly hits those traveling
Bill Steckel and his wife were planning a spring trip to Europe, but a hitch recently developed in their plans: The dollar has fallen to historic lows, making their vacation potentially much more expensive than they had anticipated.
“The short-term effect is going to be that it makes imported goods more expensive,” said UW-Madison economics professor Charles Engel.
State start-ups may get more financial help
The State of Wisconsin Investment Board is evaluating whether it should invest more in new Wisconsin companies, the agency’s top executive told a group of money managers in Milwaukee Tuesday.
New state network to aid startup firms
The state Department of Commerce will spend $5 million over the next five years to set up and run a statewide network aimed at spawning more small businesses in Wisconsin, Gov. Jim Doyle announced.
Doyle said the program, authorized by legislation he signed earlier this year, will serve more than 10,000 people and contribute more than $500 million to the state’s economy in its first year.
Mentor commissions biotech facility here
SANTA BARBARA, Calif. – Mentor Corp. announced that it has begun operating its new manufacturing facility at 535 Science Drive in University Research Park.
The plant was designed specifically for the production of products utilizing the botulinum toxin technology that Mentor licensed from the Wisconsin Alumni Research Foundation last December.
Developer gets an earful about affordable housing
New apartments for more than 300 students would become available near the corner of Broom and Gorham in August 2006 if the plan of two Madison developers passes the scrutiny of Madison Plan Commission members and the City Council. Some are objecting, however.
State and university reach out to Wisc0nsin entrepreneurs (WTN)
Gov. Jim Doyle, right, is joined by Commerce Sec. Cory Nettles to talk about aiding entrepreneurs.
Madison, Wis. ââ?¬â? Wisconsinââ?¬â?¢s Department of Commerce will fund a public-sector coalition to provide entrepreneurs with business planning and other assistance at centers around the state, Governor Jim Doyle announced on Monday.
Business’ cranberries in new ice cream flavor (Wisconsin Rapids Daily Tribune)
Urban Processing is bringing its sweetened dried cranberry flair to ice cream. Cranberry cheesecake ice cream that is.
The timing couldn’t have been more perfect when staff members from the University of Wisconsin’s Babcock Hall Dairy in Madison came calling for a cranberry product to use in a new ice cream, said Cheryl Urban, president of Urban Processing.
Mentor Biologics moves into research park (WSJ)
Mentor Biologics has moved into University Research Park. Mentor will make a form of botulinum toxin designed to compete with the popular Botox.
Mentor has patents licensed from the Wisconsin Alumni Research Foundation.
Women’s volleyball: UW hosting NCAA tourney games
Despite a fourth-place finish in the Big Ten Conference, the University of Wisconsin volleyball team earned the right to host first- and second-round NCAA Tournament games by being awarded one of the tournament’s top 16 seeds.
California’s New Stem-Cell Initiative Is Already Raising Concerns
LOS ANGELES, Nov. 26 – As California moves to begin a lushly financed program of embryonic stem cell research, medical ethicists and other skeptics are concerned that the $3 billion that state voters approved for the endeavor could become a bonanza for private profiteers. (Login required.)
Colleges Seek a Record Number of Patents
Colleges and universities in the 2003 fiscal year filed for more patents, identified a greater number of scientific discoveries with commercial potential than ever, and signed a record number of licenses with companies seeking to turn academic inventions into drugs, devices, and other products, according to a report released this week. (Subscription required.)
“We are FBC.” (Madison Magazine)
Family-owned or – controlled businesses total at least 70 percent of all businesses nationwide. Rather than the usual round of executive education classes you might find at other college campuses, UW-Madison’s Family Business Center, which runs out of the Fluno Center, offers a membership program with a slew of services that incorporate best business practices with the academic research possibilities that only a world-class university can offer.
Charles Hoslet: The Doyle Initiative
If you allow your imagination to wander, you can imagine a world ten, 15 or 20 years from now that is quite different from what we know today. Imagine a world where we are not going to our doctors to find out how to treat heart disease or diabetes, but how to prevent them
Area researchers fear stem cell brain drain (Ann Arbor, Mich. News)
Michigan officials ponder the effects of California’s stem-cell initiative there.
Yes, Madison is research ‘epicenter,’ but other parts of state can play a role, too
Gov. Jim Doyle put on a game face of major league proportions when he rolled out Wisconsin’s response to California’s approval of $3 billion in state funds for a decade of stem cell research. He did what he had to do to keep Wisconsin in the forefront of bioscience. California’s initiative will be hard for a smaller state to match, especially one with a major deficit.
Key patent legislation passed by Congress
Both the Senate and House have passed key patent legislation backed by the UW-Madison and several state politicians, with President Bush expected to sign the bill in the next few weeks.
A list of Thank Yous (WSJ-11/25/04)
Mike M. Knetter, Dean, UW-Madison School of business: “I’m thankful for the 34,000 loyal alumni of our business chool and the many other friends of the school (who) helped us achieve our mission.”
Carle E. Gulbrandsen, manager director, Wisconsin Alumni Reserch Foundation: “I’m thankful that our mission of taking (UW-Msn) inventions to the marketplace has generated real exicitement at the university, in the Madison community and with our partners at the state and federal government.”
Stem-Cell Industry, Research Evolving (ABC News)
Nov. 23, 2004 ââ?¬â?Ã? Much has been made of President Bush’s 2001 executive order limiting the use of federal funds for human embryonic stem-cell research. With Bush now slated for another four years in office, researchers and stem-cell supporters are seeking private investment to drive the science and the industry forward.
Congress Passes Bill to Foster Collaborative Research Among Universities and Companies
Legislation that would eliminate a barrier to collaborative research involving universities and companies is headed to President Bush after the U.S. House of Representatives gave it final approval on Saturday. (Subscription required.)
Tom Still: Doyle�s proposal is about more than keeping pace with California (Wisc. Technology Network)
It was inevitable that Governor Jim Doyle’s proposal to build a $375 million interdisciplinary research center on the UW-Madison campus would be characterized as a ââ?¬Å?responseââ?¬Â to California, where voters passed a $3 billion, 10-year initiative to fund human embryonic stem cell research.
UW System, industry strive to expand, keep work force in state
Kevin Reilly, the new president of the University of Wisconsin System, cites an 80% retention rate in the state for UW graduates but acknowledges that an even better track record is needed. The university system has embarked on pilot programs to pull back students who failed to graduate and get them to a diploma. It also is working to increase the percentage of freshmen who graduate.
Be thankful, Wisconsin
Wisconsin has excellent schools, technical colleges and public and private colleges and universities. The state has two nationally ranked medical schools, now well-endowed with more than $600 million from the Blue Cross conversion. The University of Wisconsin-Madison is one of the country�s leading research universities. However, Wisconsin lags in transferring technology to the private sector, says Thomas Hefty, co-chair of the Governor�s Economic Growth Council.
TOUGH CUSTOMER
The customer is always right. Cliche? You bet. But Madison business consultants and UW-Madison School of Business academics say clients and companies share equally in the delivery of customer service and consumer satisfaction.
Forward looking: Ex-Badger steps up for state biz development
Gov. Jim Doyle’s new point man on attracting businesses to Wisconsin has no formal background in biotechnology or stem cell research. But with sales stints at two major corporations, followed by 13 years in the front office of the Milwaukee Brewers, Eugene “Pepi” Randolph brings plenty of real world experience to his new position as president of Forward Wisconsin.
Problems and solutions for working women
Low wages and a lack of benefits are problems that women face in Wisconsin’s work force, but there are solutions, attendees heard Wednesday at a forum at UW-Madison.
New UW program to aid start-up firms
The UW-Madison Office of Corporate Relations announced that it will start a program next year to help create, support and sustain start-up companies that are based on research and technology developed at the UW.
Gender pay gap in state ‘appalling’
Wisconsin women fall far short of men when it comes to pay equity, and that’s not sitting well with people who took notice of a report out this week mapping the gap. Louise Root-Robbins, UW System coordinator for the status of women and director of the Sloan Project for academic career advancement, and Joe Soss, an associate professor of political science at UW-Madison, are quoted.
Gov aims to keep stem cell edge
Gov. Jim Doyle is ready to take on California to defend Wisconsin’s crown as king of the stem cell states. About two weeks after California voters approved a $3 billion, 10-year referendum for stem cell research, Doyle responded by putting together a comprehensive package to showcase and build on Wisconsin’s investment in biotechnology.
Johannes named to business school post (WSJ)
UW-Madison School of Business professor James M. Johannes has been named senior associate dean of the school.
Dane County businesses upbeat about 2005
Dane County businesses expect to see their profits grow twice as fast in 2005, according to a study released Wednesday.
Companies expect profits to increase 3 percent in 2005, more than double the rate they forecast a year ago, the Dane County Economic Survey found.
Area firms bullish on economy
Most area businesses are expecting bigger sales in 2005 but that won’t necessarily mean a fatter paycheck for workers. The annual Dane County Economic Survey released today shows that 78 percent of firms here are projecting increased revenues next year. That’s up from 65 percent in 2004. The survey was conducted by the UW-Madison A.C. Nielsen Center for Marketing Research.
State business taxes below U.S. average
Mentions a 2000 survey of 421 executives by University of Wisconsin-Madison emeritus professor Jon Udell that found that corporate and personal income taxes were a small factor in how businesses rated the state’s competitiveness, with other factors accounting for 89% of their rating.
Companies at venture capital fair looking ‘to land the big tuna’
Drugs to treat cancer and epilepsy, and sugar substitutes that can be used to fight bacteria were some of the products touted by 33 companies seeking to match up with potential investors at the Wisconsin Life Sciences and Venture Conference on Tuesday at Monona Terrace.
Tom Still: UW-Milwaukee Chancellor Santiago determined to build on research base (wisbusiness.com)
MILWAUKEE ââ?¬â?? At the State University of New York in Albany, Carlos Santiago helped forge a partnership between IBM and the campus that led to the creation of a $1.5 billion “center of excellence.”
Now that he’s taken up residence in Wisconsin, Santiago sees no reason why UW-Milwaukee can’t aspire to do the same.
Big Announcement On Wisconsin Stem Cell Research Coming
MADISON, Wis. — Wisconsin’s stem cell research is taking a big step forward. News 3 has learned Gov. Jim Doyle will announce Wednesday a plan to construct a research facility for stem cell work on the UW campus, geared toward keeping medical researchers in the Badger state.
UW plans entrepreneurship program to link campus resources (Wisc. Technology Network)
Entrepreneurs on the University of Wisconsin-Madison campus will have a new resource to help them navigate the process of starting a company and the many related centers on campus.
The Office of Corporate Relations is heading the New Business Start-Up Initiative, which is to include events, publications and both one-ond-one and class-based training. This assistance will be available to UW=-Madison faculty, staff and students.
Stem-cell patent holder�s view of the California challenge (Wisc. Technology Network)
Will all human embryonic stem (hES) cell research move to California in light of the recent passage of a $3 billion bond initiative that is intended to make California the leader in a technology discovered by UW-Madison researcher Dr. James Thomson?
Promote investment to build economy
Starting up a business takes money, but too often, Wisconsin entrepreneurs are starved for cash needed to build a business.
Economic Snapshot (WSJ)
Is there anyone who couldn’t usa an extra million dollars?
Selling Of Science
Leaders of 33 young technology companies are practicing their pitches as they prepare for the Wisconsin Life Sciences & Venture Conference in Madison on Tuesday and Wednesday.
Job lessons include downsizing
Quoted: Allen Phelps, director of the Center on Education and Work at UW-Madison.
Stem cells a priority for state
Gov. Jim Doyle is expected to announce soon a strategy to keep Wisconsin at the forefront of stem cell research, despite a California vote to spend billions in public dollars on the effort.
Tools for detecting the next Enron
Some of the brightest stars of investing emit false light. Finding and avoiding such fakers has become of increasing concern in the wake of the corporate scandals of the early 21st century. Missing the next Enron Corp. has become as important as hitting the next Microsoft Corp. Story focuses on a presenter at the UW-Madison Directors’ Summit.
Initiative boosts business formation
A new initiative designed to help University of Wisconsin students, staff and faculty create, support and sustain new companies was announced Friday.
Promote investment to build economy
Starting up a business takes money, but too often, Wisconsin entrepreneurs are starved for cash needed to build a business.
Doyle hopes Wisconsin stays leader in stem cell research (AP)
MADISON – Gov. Jim Doyle is expected to soon announce a strategy to keep Wisconsin at the forefront of stem cell research, despite a California vote to spend billions in public money on the effort.
UW will help its staff start businesses (WSJ)
The UW-Madison Office of Corporate Relations will launch a program today that aims to create and support start-up companies that would capitalize on the research and technology produced at the university.
Proposition 71 Will Lure Top Scientists to California, Experts Predict (Newhouse News Service)
The new mantra among the nation’s rising medical researchers may sound like this: Go west, young scientist. Or, more to the point: Follow the money.
UW starts program to boost university-related start-ups (WisBusiness.com)
MADISON ââ?¬â?? Faculty, staff and students at UW-Madison who want to start their own companies will soon have more help, thanks to a new program being unveiled today
Investors bring biotech to Milwaukee area
An investment of $8.5 million from a venture-capital syndicate has drawn a St. Louis biotech company to Wisconsin, where it will inhabit brand-new lab facilities at Milwaukee County Research Park, the Wisconsin Technology Network reported.
Bush�s stem cell funding limits to continue
Although a number of national policies are set to go under the Bush administration�s microscope during his second term, one initiative is likely to remain untouched for the next four years: regulations and limitations over the federal funding of embryonic stem-cell research.
Scalable performance monitoring software draws grant from Intel (Wis. Technology Network)
Madison, Wis. ââ?¬â? The University of Wisconsin-Madison was one of seven U.S. research universities to receive a grant from the Intel Advanced Computing Center on Monday at the SC2004 high-power computing conference in Philadelphia.
Putting stock in shareholders
The best way to improve corporate accountability would be for the Securities and Exchange Commission to make it easier for shareholders to nominate directors, SEC Commissioner Harvey J. Goldschmid said Wednesday. His remarks were made in an address to the annual Directors’ Summit at the University of Wisconsin-Madison.
California triggers stem cell gold rush
SAN FRANCISCO (AP) — A 21st century gold rush is on in California after voters approved $3 billion for human embryonic stem cell research. At least one out-of-state biotech company is already making plans to move to California…And universities are hoping to recruit some of the field’s brightest minds to take part in the biggest state-run research project in U.S. history. (Provost Peter Spear is quoted in this article in the 11/10/04 Capital Times print edition.)
Pennies That Aren’t From Heaven
Mentions a study published last year by Terry Warfield, assistant professor of accounting at the University of Wisconsin-Madison and Qiang Cheng, assistant professor of accounting at the University of British Columbia’s Sauder School of Business, that found that managers with high equity incentives are more likely to report earnings that meet or just beat analysts’ forecasts than are managers who have low equity incentives.
Research May Lead To Glaucoma Treatment
People with glaucoma, a disease that can lead to blindness, might some day be better able to treat their illness, thanks to an agreement between UW-Madison and a North Carolina biopharmaceutical company.
California Universities Start Preparing for Windfall in Stem-Cell Research
California scientists and university officials last week celebrated a major victory after voters there approved a ballot measure to provide $3-billion in state funds over 10 years for stem-cell research. Officials were already planning to set up a mechanism to distribute the money.
Badgers Bring a Boost for Businesses
(Madison) With a 9-0 team Badger’s fans are loving this football season, and celebrating right alongside them are businesses and vendors near Camp Randall. For the last home game, the bars were full, brats were selling, and game goers were loading up on Badger’s gear. Some business owners feel the team’s winning streak is a boost to business.