Category: Business/Technology

The Edgewater Hotel redevelopment could create up to 700 construction jobs, but it also is forcing 65 people out of work.

MADISON, Wis.-Two people were arrested and two cited after a group of patrons began fighting with staff at Wondo?s Bar, at 602 University Ave., Sunday morning. Madison police said multiple officers were called to the bar at 1:46 a.m. Officers said the disturbance began when a patron fell off a bar stool and was asked to leave. A recycle bin filled with bottles was thrown down a flight of stairs at bouncers and a woman used a broomstick to hit a 34-year-old bouncer in the head multiple times, according to police.

In addition to helping dairy plants with business plans and equipment or facility issues, the center also assisted them with product development, packaging and label development and marketplace penetration, working in tandem with the Wisconsin Center for Dairy Research at the University of Wisconsin-Madison.

Flexatory is a Web-based inventory system whose users can define item types and customize how they organize them. They can also print bar codes and scan them in using an Android app so their inventory can go anywhere. Flexatory won first place and $10,000 earlier this year in the University of Wisconsin-Madison Qualcomm Wireless Innovation Competition.

Neuwave was founded by two University of Wisconsin-Madison professors: Fred Lee, Jr., vice chairman of the radiology department, and Daniel van der Weide, a professor of electrical and computer engineering. Laura G. King, president and chief executive officer, previously led GE Healthcare?s $1.2 billion global interventional cardiology and surgery business.

The University of Wisconsin-Madison and the Wisconsin Alumni Research Foundation earned $57.7 million from licensing of research innovations in fiscal year 2011, according to a survey by the Association of University Technology Managers.

One of the most popular hangout spots on the UW-Madison campus will be getting a makeover.

Midwestern entrepreneurs and innovators are gathering in Madison for a 10-day event called the Forward Technology Festival.

The festival?s signature event – the Forward Technology Conference – will be held Wednesday at Memorial Union on the University of Wisconsin-Madison campus. Experts will discuss starting companies, acquiring customers, raising capital and other topics.

A bogus $100 bill was passed at a UW-Madison campus store late last month, with the bill accepted by a new clerk. The fraud was reported July 30 at Walgreens, 311 East Campus Mall, according to a news release from the Madison Police Department. The manager of the store found the counterfeit bill while counting money from the cash box.

During the M.B.A. gold rush of the past three decades, the Yale School of Management accomplished the unthinkable. As the number of prospective business-school candidates shot up to more than 750,000 a year and tuition payments cleared $100,000, Harvard, Stanford, the University of Chicago and other schools hired star faculty members, built gleaming buildings, established themselves as global brands and brought in tens and sometimes hundreds of millions in profits to their universities each year. Meanwhile, Yale somehow lost money.

Successful entrepreneurs don?t usually start their businesses in college dorm rooms, but for the founders of JonnyPops, that was the only option.

Five business-savvy sophomores, four from St. Olaf College and one from the University of Wisconsin- Madison, founded JonnyPops in 2011. The company now has 20 employees and is serving gourmet popsicles in 25 locations across Minnesota.

Virent?s sugar-to-fuel chemical conversion technology could be a candidate for funding under the program. The 10-year-old firm?s technology is based on research findings at the University of Wisconsin-Madison.

For the Wisconsin Institutes of Discovery in Madison, the company integrated more than a dozen other systems and created dashboards that will allow the University of Wisconsin-Madison?s biomedical and nanotechnology researchers to track the energy use of their own R&D work.

Dear Editor: Mayor Paul Soglin?s recent lamenting the terrible treatment of Madison by the state is classic crying the blues. In truth, like most capitals with major state universities, we secure a remarkable level of largesse and have been beneficiaries for years. This consistent input of funds, talent and buildings has enabled Madison to pursue one of the most flacid economic development programs extant. Nowhere is there the effort of Columbus, Ohio, or Austin, Texas. Or Raleigh/Durham, North Carolina or Berkeley, California.

Developer Robert Dunn is moving to get a building permit for his $98 million redevelopment of the Edgewater hotel and estimates the project will produce 700 construction jobs starting around October. Dunn expects the hotel will create 250 permanent jobs in addition to 100 to 150 indirect jobs in the area when it reopens in 2014. Steve Cover, the city’s director of Planning, Community and Economic Development, said land use approvals given in May 2010 are good through early 2013. Outside the last two requirements, “It appears it is basically ready to go,” he said. Dunn intends to break ground on UW-Madison’s homecoming weekend Oct. 26 and finish the project in the late spring of 2014.