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Category: Business/Technology

Biz Beat: Making stem cells “available to the masses”

Capital Times

When UW-Madison?s James Thomson in 1998 became the first scientist to grow human embryonic stem cells in a lab, it generated tremendous excitement about the medical possibilities. Thomson tried to downplay the breakthrough but talk spread about cures for Alzheimer?s or Parkinson?s disease, growing livers for cirrhosis suffers or producing healthy heart cells for cardiac patients. The miracle cures have been slow in coming, however.

Small business tips: How to turn an idea into reality

Wisconsin State Journal

You’ve got an idea for a new business, but what steps do you need to take to bring that idea to fruition? “It is always a good idea to do some research about the industry and the market to determine if there are barriers to entering the industry, if there is a need for the business and to explore what it really means to become a business owner,” says Michelle Somes-Booher, business coach at the UW-Madison Small Business Development Center.

Entrepreneurs heading to Madison for Startup Weekend

“Madison is the perfect location for this event,” said Mayor Paul Soglin in a news release. “The combination of UW-Madison, Madison College and Edgewood College in conjunction with startup entrepreneurs provides a great environment.” Startup Weekend Madison is the latest in a string of almost 500 similar events that have taken place worldwide, with another 200 in the planning stages, according to a news release from the organization. Developers, designers, marketers, product managers and startup enthusiasts are invited, as well as anyone looking to test the waters of starting a business.

Executive Q&A: LoziLu aims to reach untapped portion of popular mud run market

Wisconsin State Journal

On the surface, a mud run is a test of will, endurance and strength as participants run, climb, crawl and maneuver through an obstacle course that can cover acres of challenging terrain. But events such as Tough Mudder, Warrior Dash and Spartan Race also are businesses that have led others to do their own variation of the popular races. One of the newest is LoziLu, based in part in Madison. The all-female event was created by two husband-and-wife teams who are graduates of UW-Madison and who invested $50,000.

Digital estate planning company Entrustet sold to Swiss competitor

Wisconsin State Journal

Two young UW-Madison graduates who had a vision about what complications could result from life in the digital world ? after death ? have sold their digital estate planning company to a Swiss competitor. Entrustet, 30 W. Mifflin St., will become part of SecureSafe, an online data storage service founded by DSwiss, of Zurich. Terms of the deal were not disclosed.

Executive Q&A: Using data to improve health care

Wisconsin State Journal

Hospitals and clinics have mass quantities of data about their patients now that electronic medical records have become relatively common. So why not use that information to figure out which patients may be at the highest risk for a serious illness ? and try to prevent it?That?s the idea behind Forward Health Group, a Madison company established in 2009.

Tech and Biotech: Imbed Biosciences gets SBIR grant for wound-healing coating

Wisconsin State Journal

Imbed Biosciences has been working on an antibacterial coating that would prevent wounds from becoming infected as they heal, and a phase one Small Business Innovation Research grant will help push the project ahead, said Ankit Agarwal, president and chief executive officer. Imbed?s technology has been developed at the UW-Madison over the last four years by a group of chemists, veterinarians and surgeons. Agarwal, currently Imbed?s sole employee, said the grant will let him hire a second employee and contract with the UW for further studies.

Gregg Mitman: Happiness depends on environment, too

Wisconsin State Journal

The United States may be one of the richest nations on the planet, but we aren?t the happiest. Neither are Britain, Japan, Germany or many other wealthy countries, according to a new “World Happiness Report” commissioned by the United Nations. The United States ranks 11th in the report. Not surprisingly, the world?s poorest countries are far less happy than their well-to-do counterparts.

(Gregg Mitman is interim director of the Nelson Institute for Environmental Studies at UW-Madison.)

Former mayor Cieslewicz stays in spotlight with blog

Wisconsin State Journal

A cross section of community leaders said they like seeing Cieslewicz?s commentary. Founder and sole employee of Dave Cieslewicz and Associates ? the associate is his dog, Calvin, he said ? Cieslewicz also is leading an effort ? funded by local hospitals, the university and Madison Gas and Electric ? to revitalize the Greenbush and Vilas neighborhoods on the Near West Side. The broad goals are to start a community development corporation to help convert former student housing back to single-family homes, redevelop some areas with workforce apartments, and revitalize Regent Street, he said. As an adjunct professor, he?s teaching two courses at UW-Madison: Introduction to the City; and Politics and Policy of Green Urbanism.”I love the environment,” he said. “It?s a lot of fun to be around young, bright people.”

The Stealth Celebrity Endorsement

Wall Street Journal

Can?t afford a celebrity endorsement? Consider buying rights to a fraction of a famous face and morphing it, imperceptibly, with a stock photo. That face, too, can be potent. Working?in this instance?before the Tiger Woods scandal broke, two marketing researchers at the University of Wisconsin blended the superstar golfer?s face with that of another male, with Woods? face constituting 35% of the final image.

State details plans for expanding Interstate 39-90

Wisconsin State Journal

BELOIT ? Officials unveiled Thursday one of the most expensive highway projects in state history, but it is designed to do more than ease congestion. The $715 million reconstruction and expansion of a 45-mile stretch of Interstate 39-90 between Madison and the Illinois state line will aid state tourism and help create more economic development along the corridor, one of the busiest stretches of highway in the state, officials say.

Cited: A study by the Center for Freight & Infrastructure Research at UW-Madison that found the roadway is responsible for moving $650 million to $800 million worth of commerce each day.

Property Trax: UW-Madison real estate conference to feature big industry names, ideas to spur the housing market

Wisconsin State Journal

UW-Madison?s annual real estate conference on June 1 will explore ways to build workable national housing policies in a polarized political environment. Boasting industry, government and academic perspectives, the conference will feature high-profile speakers including Karl ?Chip? Case, co-founder of the S&P/Case-Shiller Home Price Index, and Lawrence Yun, chief economist for the National Association of Realtors. Organizers hope ideas shared at the conference will translate to policies and actions that could spur the lagging housing market and help generate stronger U.S. economic growth.

Chris Rickert: Much of economy now tied to health care

Wisconsin State Journal

….My mother?s ordeal reminded me again that more health care does not necessarily mean better health. ?It may in fact lead to worse outcomes in that an ever-expanding supply of specialists and tertiary services can lead to excessive testing and procedures that are not necessary, are duplicative, and are costly,? said Donna Friedsam, the health policy programs director at the UW Population Health Institute. It?s that last unintended side effect that bothers me most ? the extent to which the human body has become a sort of raw material for economic development.

Biz Beat: Is Madison an expensive place to do business?

Capital Times

For the first time, Madison has been included in a survey of cities? business costs by the global accounting firm KMPG. Issued every two years, the Competitive Alternatives survey rates more than 110 cities in 14 countries on the cost of doing business. The study looks at 26 components — from tax rates and labor costs to construction prices and energy costs — to create a comparative index. That Madison was included — it?s the only Wisconsin location mentioned — is a coup of sorts for the city. Madison does score well for the low cost of research and development, including biotech R&D and clinical trials management. That is likely a reflection of the presence of the UW-Madison and Covance, the contract research firm.

WISC Editorial Agenda 2012 – The New Workforce/ Skills Disparity

WISC-TV 3

A new study suggests we will never get the new workforce this region and this region?s economy need to be competitive in the future without more highly educated and skilled workers. The La Follette School of Public Affairs study shows twenty percent of American men ages 25 to 54 are not working, compared to less than five percent in the 1950?s….This is a challenge for our education system as well as our job training and employment policies. But it?s clear that as we continue to create more jobs, the next crisis will be in finding workers qualified to fill those jobs.

Lack of job skills contributing to high unemployment for males, UW study shows (The Capital Times)

The analysis, from the UW-Madison La Follette School of Public Affairs, said the current U.S. unemployment rate of eight percent masks a far greater problem, the precarious situation faced by men with few skills and modest education.”Twenty percent of American men ages 25 to 54 are not working, compared to less than 5 percent in the 1950s, and 35 percent of those men lack high school diplomas,” said UW-Madison Prof. Robert Haveman, co-author of the study.

Madison researchers making major breakthroughs in stem cell work

Wisconsin State Journal

Stem cells derived from the skin and blood of blind people are morphing into retina-like balls in Dr. David Gamm?s lab at UW-Madison. WiCell Research Institute and the Waisman Center, both connected to the university, are growing stem cells to help researchers around the country prepare for clinical trials.

(This story first appeared in the Sunday edition of the Wisconsin State Journal)

Curiosities: Where did the Wisconsin Friday night fish fry tradition come from?

Wisconsin State Journal

A: There are fish fry traditions in lots of places, and some ? but not all ? are related to the Lenten season and its Friday meat ban. But what sets Wisconsin apart is that it happens year-round and is so pervasive. “In the vast majority of restaurants you can get fish on a Friday night, and I just don?t think you can find that anywhere else,” said Janet Gilmore, an associate professor in the UW-Madison Folklore Program and Center for the Study of Upper Midwestern Cultures.

CDI and Japanese firm expand agreement

Wisconsin State Journal

Cellular Dynamics International has expanded its distribution agreement with iPS Academia Japan. The Madison stem cell company will begin providing its iCell neurons and endothelial, or blood vessel, cells to the Japanese company in addition to its heart cells, distributed through an agreement reached last June.

James H. Maynard: UW should manufacture own team apparel in U.S.

Capital Times

Dear Editor: The student population at UW-Madison has a justifiable concern about sweatshops and feudal factories employed to make clothes and other gear for the UW. At the same time, taking Chancellor David Ward to task for these abuses, or violating the terms of a contract with Adidas, will not get compensation to those laid-off Indonesian workers, who deserve to be paid for their efforts. The real problem is that these practices cannot be adequately monitored by UW-Madison.

Biz Beat: Wisconsin quietly a leader in medical technology

Capital Times

One of Wisconsin?s leading exports offers an encouraging sign. It?s not cheese, motorcycles or football. It?s high-end medical equipment. Think MRI, CAT scan, colonoscopy and ultra-sound. Thanks in part to the presence of GE Medical and spinoffs from research at UW-Madison, Wisconsin is third in the nation in electromedical equipment manufacturing employment, with 6,100 jobs. Only California and Minnesota employ more in the field.

Biz Beat: Green jobs advocate laments lack of progress

Capital Times

A decade ago, three-quarters of the world?s solar panels were manufactured right here in the U.S. Today, China is making 75 percent of them and it didn?t happen via the free market. The Chinese government made a conscious decision to grab control of the clean energy industry, subsidizing production of photovoltaic technology even as its own coal-burning power plants pump carbon emissions into the atmosphere. That production shift, says former White House ?green jobs? czar Van Jones, should alarm anyone concerned about the direction of this country.

Branton Kunz: A resident?s perspective on Block 100

Capital Times

From 2009-2011, I walked rent checks over to my landlord at The Rifken Group on Madison?s Capitol square. Write the checks to Central Focus LLC, they told me and my two roommates. We didn?t realize the significance. As graduates of the University of Wisconsin in 2007, my roommates and I had a genuine affection for living in downtown Madison.

With warm start to spring, farmers resisting the urge to plant

Wisconsin State Journal

Agronomists believe farmers should stick to their schedules even though the ground is warming up quickly and there are no signs it?s going to cool down anytime soon. “This weather is odd,” said Shawn Conley, an assistant professor in the UW-Madison agronomy department. “I think we have to be cautious and just know what the risks are out there.”

Biz Beat: Dane County lands Farm Technology Days

Capital Times

It may not salve the wounds of potentially losing the WIAA state basketball tournaments but Dane County has landed one of the state?s most prestigious farm shows for 2015. County officials on Monday said they filed an application to host Wisconsin Farm Technology Days, which old-timers might remember as ?Farm Progress Days.?

Biz Beat: Telecom complaints in Wisconsin decline

Capital Times

In the never ending battle for customers, Wisconsin?s largest telecom providers are touting their investment in new equipment as the number of official consumer complaints are falling. Fewer complaints are a bit of a surprise to Barry Orton, a professor of telecommunications at UW-Madison. He maintains it?s more difficult than ever to tell what companies are doing following the telecom reform bill passed here in 2007. Orton speculates that consumers today may have become numb to problems or simply change providers rather than filing a complaint. He also admits it?s possible companies are actually providing better service.

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Fans, Businesses Weigh In On Possible WIAA Tournament Move

WISC-TV 3

While March Madness is now underway with the NCAA men?s basketball tournament, the city of Madison?s own annual version of basketball mania also began on Thursday. The first rounds of the Wisconsin Interscholastic Athletic Association?s high school basketball tournament officially began on Thursday morning. However, while the tournament has called the state?s capital city its home for years, ongoing questions about whether this year could be Madison?s last as host hover over much of this year?s activities.

On Wisconsin: No substitute for Madison for basketball tournaments

Wisconsin State Journal

You could win a state high school championship in any city in Wisconsin. All you need is the right facility. Baseball crowns its champions in Appleton, gymnastics and cross country in Wisconsin Rapids and track and field in La Crosse. There are soccer titles crowned in Milwaukee and volleyball in Green Bay. But you can?t replicate in Green Bay what took place Thursday with the WIAA boys state basketball tournament in Madison.

Ward must act on LLPC request

Badger Herald

Our university has a long history of successful shared governance ? something we hold in high regard as active members of the student community. Unfortunately, Interim Chancellor David Ward recently violated shared governance statutes in his failure to acknowledge students? voices regarding our contract with Adidas.

Know Your Madisonian: 2010 UW grad serves as Madison’s alcohol policy coordinator

Wisconsin State Journal

He?s 23, a relatively recent graduate of UW ? an institution known for its academics and party scene ? and the city?s alcohol policy coordinator. Mark Woulf, named to the position by former Mayor Dave Cieslewicz in January 2011, just eight months after he graduated with political science and sociology degrees, advises and represents the mayor?s office on alcohol policy issues, serves as staff to the city?s Alcohol License Review Committee and advises license applicants.

Deal to buy Great Wolf Resorts questioned

Wisconsin State Journal

At least one of the biggest shareholders of Great Wolf Resorts stock is questioning the deal announced Tuesday for Apollo Global Management, a New York private equity firm, to buy the Madison indoor water park company for $5 a share. With the share price above Apollo’s $5 offer, it could be an indication of “investors guessing it’ll be sold at a higher price,” said Jim Seward, associate professor at the UW-Madison School of Business and faculty director of the Nicholas Center for Corporate Finance and Investment Banking.

Bouncers battered at campus bar, man arrested

Capital Times

A man thrown out of a campus bar for smoking allegedly attacked the bouncers, sending two to the hospital with injuries. Logan Sloan, 22, Madison, was tentatively charged with battery, substantial battery and disorderly conduct, according to a news release from Madison police. The incident happened at about 3 a.m. Sunday at Wando’s, 602 University Ave.

Virent names new chief financial officer

Wisconsin State Journal

Virent has hired a new chief financial officer, Jeff White, who has experience working for companies with publicly traded stock. But that doesn?t mean the Madison biofuels company is about to go public, Virent CEO Lee Edwards said.

?Family friendly? brewpub opens in Columbus

Wisconsin State Journal

COLUMBUS ? Beer hasn?t been commercially brewed here since Kurth?s Brewery closed in 1949. But a Columbus couple have changed that with the opening late last year of Hydro Street Brewing Co. & Eatery in downtown Columbus at 152 W. James St. Aaron and Sandye Adams, former researchers at UW-Madison, drained their savings, maxed out their credit cards and pestered family and friends to help them raise $86,000 to renovate a former clothing store into a business that likely will be a draw for local residents and the antiques shoppers who flood the city of 5,036 to visit the many shops.

Rockwell buys Middleton industrial controls company

Milwaukee Journal Sentinel

Rockwell Automation Inc. said Monday it had acquired a privately held industrial controls company started by a University of Wisconsin-Madison engineering professor.

For Milwaukee-based Rockwell, which employs more than 21,000 people in more than 80 countries, the acquisition of privately held SoftSwitching Technologies Corp. in Middleton ranks as a niche acquisition.

LLPC proposes adidas mediation deadline

Daily Cardinal

UW-Madison?s primary licensing committee passed a resolution Friday to define a successful mediation period with adidas as occurring only if the company ensures all workers are paid severance by April 15. This deadline is 60 days after UW-Madison Chancellor David Ward initially announced plans to enter mediation with the company.

Executive Q&A: When chance came, Bachmann took reins of family business

Wisconsin State Journal

In the 1960s, Allan Bachmann had no interest in the family construction business. He was going to join other college students in rebelling against authority. That all changed the summer that Bachmann?s father announced he was selling the operation.

Q: I know Bachmann has also been a leader in historical preservation. What makes that work difficult?
A: Bachmann’s latest significant historical restoration project was Olin House, the (UW-Madison) chancellor’s residence.

Ward says adidas could sue UW System

Daily Cardinal

UW-Madison Chancellor David Ward told student leaders Monday he feared the UW System could face legal repercussions if it did not enter a period of negotiation with adidas before giving the company an ultimatum to remedy alleged labor violations within 90 days.

An entrepreneurial wonderland: The Wisconsin Institute for Discovery aims to reinvigorate the world of research while benefiting business

In Business Magazine

David Krakauer, the new director of the Wisconsin Institute for Discovery, says a lot of interesting, challenging, borderline-radical things. Then again, he comes from a pretty interesting place, born of a borderline-radical approach to science and research ? one where ideas are free to grow in an interdisciplinary greenhouse in which odd hybrids are nurtured and appreciated rather than cut off at the roots.

More stations, longer hours begin in April for Madison’s B-cycle program

Wisconsin State Journal

The Madison B-cycle bike sharing program will return on April 1 with more stations, longer hours, and a cheaper price tag, officials said Tuesday. The program ? bicycles from Trek Bicycle Corp. are offered for rent at stations around the city ? debuted in May 2011 with six stations on the isthmus and grew to 27 stations by the time the first season ended on Dec. 15. In the first year, B-cycle members rode nearly 39,600 miles, with the station at UW-Madison?s Memorial Union getting the most use.