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Category: Business/Technology

FDA regulations on raw milk cheeses concern local cheese makers

Channel3000.com

Quoted: Marianne Smukowski, a dairy safety application coordinator at the University of Wisconsin Center for Dairy Research, says that the non-toxigenic E. coli can serve as an “indicator organism” that may show the presence of harmful pathogens in food. She says 95 percent of raw milk cheeses checked in one FDA test did not show them, which is why in part she’s unclear as to why the FDA is using that as a new testing issue.

“I don’t know why the FDA is pushing for it,” Smukowski said. “They decided to implement it based on some of the results they have seen in their assignment.”

Wisconsin companies saluted as ‘Green Masters’

Milwaukee Journal Sentinel

Quoted: “I know the privilege of being recognized in front of your peers is a big incentive for companies to continuously improve,” said Tom Eggert, who teaches sustainable business at the University of Wisconsin-Madison and serves as executive director of the council. “The competitive nature of staying at the front of the pack causes Wisconsin companies to rise above their peers from other states.”

The Hottest New MBA Is Not an MBA at All

Fortune

Noted: Discussing the growth of specialized master’s programs as alternatives to an MBA, the article says, “[O]nce you get down into the lower half of the top 50 B-schools, you’ll find a program for just about any career direction, from biotechnology management at the U.C. Irvine Merage School, to global real estate at the Wisconsin School of Business[.]”

Nuclear energy: business-friendly and climate-safe

Milwaukee Journal Sentinel

Noted: Author John Williams is the director of the Nelson Insitute’s Center for Climatic Research and Professor of Geography at UW-Madison. Paul Wilson is the interim chair of the Nelson Institute’s Energy Analysis Policy Certificate and professor of nuclear engineering in the Engineering Physics Department at UW-Madison.

Local business tackles Cyber Monday for the first time

NBC15

Quoted: Jerry O’Brien [executive director, The Kohl’s Center for Retailing Excellence], says this trend of “online and not in-line” has been revving its engine for a while now. Online shopping may not be beating regular old shopping in person, but it’s getting there.

“The growth has been consistent. The past four years it’s had dramatic growth, so there’s obvious a trend where we have more people every year, and this past weekend it looks like more than 20 percent of the people took advantage of it so it’s a growing trend,” explained O’Brien.

Busy Cyber Monday shows renewed faith in online shopping, experts still caution safety online

WKOW TV

Noted: “What happened to Target’s website this morning, to me, this doesn’t necessarily represent a hacking attempt or a theft of credit card information, but rather people showing they have confidence in the online retailers and Target’s site is just overwhelmed with shoppers,” UW-System Chief Information Security Officer Nicholas Davis explains.

Drop in academic R&D spending should worry policy-makers

Milwaukee Journal Sentinel

The latest figures on academic research spending in the United States provide, on the surface, some reassuring news for Wisconsin. For starters, the University of Wisconsin-Madison held its position as the nation’s fourth-largest research and development powerhouse. Lurking under the waves, however, are currents that should send a chilling message to policy-makers who believe the state can continue to reduce support for higher education — especially basic research — without taking on water over time.

UW-Madison department gets large donation

WKOW TV

UW-Madison’s computer sciences department has received a $5 million donation from a Milwaukee businessman and his wife.

The university announced the donation from Sheldon and Marianne Lubar on Friday. Other Badger alumni, John and Tashia Morgridge, matched $2 million of the Lubars’ donation, making the total donation $7 million.

Madison Style: Finding a new home for ‘better brands’

Wisconsin State Journal

Noted: Before opening Simply Savvy, Dubas completed entrepreneurial training at the UW-Madison School of Business. She recognized the need and benefits of clothing consignment as a mom, when she often sold her children’s clothes at a local consignment shop. When that shop was closing, she helped the owner clear out her inventory and discovered a knack for the retail niche. The business also fits her organizational and design skills, she said.

Whitcomb Technologies wins top honors in pitch competition at Wisconsin Early Stage Symposium

Milwaukee Journal Sentinel

Noted: The pitch contest capped off the Wisconsin Technology Council’s two-day conference, which drew about 575 attendees. Also at the conference, Jeff Rusinow was inducted into the Investor Hall of Fame, and Thomas “Rock” Mackie received the 2015 Excellence in Entrepreneurial Education Award. Mackie, a professor emeritus of medical physics at the University of Wisconsin-Madison, co-founded Healthmyne and TomoTherapy Inc.

Department of Workforce Development, Madison College team up to help displaced Oscar Mayer workers

Badger Herald

Quoted: Oscar Mayer has not confirmed what type of severance packages or benefits they will provide to the displaced workers, Barry Gerhart, University of Wisconsin professor of management and human resources, said. But regardless of the compensation, the closure will be a major challenge for displaced employees.

Food manufacturing jobs dropped 40 percent in Dane County between 2001 and 2014

Capital Times

Noted: In an October 2014 report on the area’s agriculture, food and beverage industry cluster prepared for the Madison Region Economic Partnership, Matt Kures of the UW Extension Center for Community and Economic Development wrote that a loss in food manufacturing employment was a result of changes at individual companies rather than declining regional competitiveness.

Exact Sciences’ Judge Doyle Square decision is right response to bad timing

Channel3000.com

There are sounds reasons to believe Exact Sciences’ non-invasive test for colon cancer will one day be a widely-recommended preventive procedure. But there is no doubt the announcement last month that a federal health task force gave the test an initial designation of “alternative test,” just as company officials were wrapping up plans for an ambitious expansion at Judge Doyle Square was about the worst timing possible. Very simply the implications for the company’s financial performance, short term as they might be, made the move downtown too risky. It’s too bad, but company CEO Kevin Conroy’s decision to grow the company at its current UW Research Park location is the right thing to do.

Exact Sciences expansion to change Research Park culture

Channel3000.com

Quoted: “We need to evolve as well and create an environment where companies can interact easily and where they can spill over into these third spaces and have casual encounters and lunch meetings and coffee meetings,” Research Park Managing Director Aaron Olver said.

Research Park has already brought in food carts to the heart of its campus on a daily basis, but Olver said they hope to bring in restaurants and coffee shops to help facilitate a more collaborative atmosphere, which is an idea Exact Sciences is on board with.

On Campus: WARF joins Gener8tor project for UW-Madison startups

Wisconsin State Journal

Local startup accelerator gener8tor has a powerful new partner for its program fueling businesses launched by Wisconsin college students. The Wisconsin Alumni Research Foundation announced Monday it has signed on as a sponsor for the initiative. Also noted: Nationally syndicated Chicago Tribune columnist Clarence Page will be the keynote speaker at the UW-Madison Diversity Forum this week.

Tom Still – State’s health-tech start-up sector recovering nicely

Milwaukee Journal Sentinel

Noted: A prime example is the ongoing 90th anniversary celebration of the Wisconsin Alumni Research Foundation. Founded in 1925 as an independent patent and licensing office for the University of Wisconsin, WARF began with the campus discovery that ultraviolet radiation can produce vitamin D in food. That led to vitamin D milk and the virtual end to rickets, a disease that once scourged millions of children. Today, WARF is the oldest academic tech transfer organization of its kind in the United States and has returned more than $1 billion over time to the UW-Madison campus.

How To Attract New Talent To Your Practice

Trust Advisor

Noted: Hoping to nab young talent even earlier, Baird is also working with the University of Wisconsin-Madison’s business school on the curriculum for a capstone wealth management course to launch this fall. Their goal is to sign up 20 to 30 students.

The M List — Ensuring innovation: American Family Ventures

Madison Magazine

Noted: Managing director Dan Reed says AFV is also heavily involved in the local entrepreneurial community. AFV is a sponsor of gener8tor, the new StartingBlock initiative, the Wisconsin Technology Council, the Weinert Center for Entrepreneurship and the University of Wisconsin–Madison. In fact, American Family Insurance just pledged $40 million to the university over the next ten years. “We aspire to be a leader in providing ‘proactive protection’ to customers and communities, seeking and supporting innovations that inspire and help them,” says Reed.

Koch Industries sponsors Badgers football under contract that bars ‘adverse interests’

Capital Times

The Wisconsin Badgers’ Oct. 31 football game against Rutgers at Camp Randall Stadium will be sponsored by Koch Industries, the energy company run by billionaire political players David and Charles Koch. The game sponsorship is part of UW’s multi-year contract with a collegiate sports marketing company worth more than $111 million in guaranteed payments alone.