Remember the last time the battery on your cellphone died in the middle of a conversation? Tom Krupenkin, a UW-Madison physicist and researcher, sympathizes. Actually, he?s done more than that. He and another university scientist may have come up with a way to dramatically extend the life of a cellphone battery. And here?s the really nifty part: Their invention will allow you to keep your phone charged simply by walking.
Category: Business/Technology
Start-up hopes to grow clean-tech niche
AquaMost is working to market water purification technology based on research done at the University of Wisconsin-Madison. Its device destroys a variety of pathogens in water, including bacteria, viruses and fungi. It can also destroy harmful chemicals that can contaminate drinking water.
Telecom industry, UW System battle over broadband
Citing high costs, sluggish Internet speeds on public computers and limited bandwidth for researchers, University of Wisconsin System officials are building a $37 million high-speed Internet network across the state ? a web of fiber stretching from Wausau to Superior. But a legal challenge is raising questions about the need and appropriateness of that effort. The telecommunications industry is suing to stop the project, arguing it not only violates state law, but it?s duplicative and a waste of public resources.
Ex-mayor Cieslewicz gets new job leading community development firm
Four months after he left office, former Mayor Dave Cieslewicz has taken a position leading a new community development corporation that will try to revitalize the Greenbush and Vilas neighborhoods on the Near West Side. The corporation will be funded by Meriter and St. Mary?s hospitals, UW-Madison and Madison Gas and Electric.
Feds invest in biofuels for Navy
Virent, which is commercializing technology developed at the University of Wisconsin-Madison, has 115 employees.
Hotel Across From Camp Randall Stadium Opens
After getting sacked by the economy in 2008, a hotel project in downtown Madison hopes to score success by catering to Camp Randall clientele and beyond. While its name may be Hotel Red, this new business hopes to be running in the black soon. After being in the works for three years, the hotel opened to the public on Tuesday.
Tech and Biotech: 10-day festival for tech-types
Techies in the Madison area will have a cavalcade of activities over the next couple of weeks to promote – and cheer – their industry. The Forward Technology Festival will be held Aug. 18-27, with as many as 2,000 people expected to participate.
Biz Beat: Mid-rise apartment eyed off Willy
Although the market for single-family homes and condominiums remains slow, developers continue to move forward with new apartment construction.
….Meanwhile, construction continues on a couple of other major apartment projects, one on the west end of the UW-Madison campus and another in the ‘Miffland’ neighborhood.
Biz Beat: Should swanky hospitals stay tax-exempt?
It didn?t garner much press coverage locally, but Supreme Court Justice Shirley Abrahamson gored a sacred cow recently in calling for a legislative review of the tax-exempt status of Wisconsin hospitals and their expanding network of clinics.
On Campus: UW-Madison nets $5.6 million in nuclear energy grants
UW-Madison researchers got five grants totaling $5.6 million from the U.S. Department of Energy to study new nuclear energy technology, the most of any university.
Hotel near Camp Randall set to open Tuesday
HotelRed near Camp Randall Stadium is set to open its doors next Tuesday after nearly four years in the making.
Grass Roots: Not so fast, neighborhood group tells Erdman property developer
The Spring Harbor Neighborhood Association is telling the developer of University Crossing, the proposed $100 million mixed-use redevelopment of 14 acres at University Avenue and Whitney Way, that it can?t back the project until it gets more information and time to review it. Specifically, the neighbors want information on traffic projections and storm water management plans, a commitment on monitoring of contaminants during construction and clarification on options for tax increment financing.
Menzie Chinn: The Downgrading of a Debtor Nation
The Treasury can cry foul all it wants, but the decision by Standard & Poor?s to downgrade America?s credit rating by one notch last Friday, and the subsequent plunge in the stock market, are serious symptoms of a loss of confidence ? an assessment that is fundamentally political, not economic.
New Dean to Confront Budget Woes
François Ortalo-Magné takes the helm of the Wisconsin School of Business next month following Wisconsin?s contentious battle over collective bargaining rights for public-employee unions, which has presented challenges for the state university system.
State needs to show GE that it’s wanted
One solid building block is GE Healthcare?s relationship with the University of Wisconsin-Madison and the Wisconsin Alumni Research Foundation, the nonprofit patenting and licensing arm for the university.
Ten years ago, the university, WARF and UW Hospitals launched intellectual property agreements that have allowed UW and company researchers to work side-by-side in Waukesha and Madison.
Tech and Biotech: Madison is No. 3 for young professionals, Forbes says
Forbes magazine says Madison is the third best city in the U.S. for young professionals. In ranking Madison No. 3, Forbes cited low unemployment, the UW-Madison and “a growing number of biotech and advertising companies.”
Police probing stabbing, battery outside Wando’s early Thursday
Madison police are investigating a stabbing and battery that occurred outside Wando?s Bar, 602 University Ave., around bar time Thursday morning.
Tech and Biotech: Venture spending up in U.S. but Wisconsin still lags
Venture capitalists across the U.S. pumped more money into promising companies in the second quarter of 2011 than they have in three years. Investments totaled $7.5 billion, more than in any three-month period since the second quarter of 2008, with software, biotech and industrial/energy companies attracting more than 85 percent of the funds, according to a PricewaterhouseCoopers/National Venture Capital Association MoneyTree report.
In Wisconsin, investors reported $39.3 million of venture capital allocations and five of the six deals went to Madison companies. But most of the money went to one place: stem cell company Cellular Dynamics International, which raised $30 million.
Wis. judge rules against telecom company
A Dane County judge has ruled against a telecommunications company that wanted to slow down a broadband project in rural communities. The University of Wisconsin System and others were awarded more than $37 million in grants for the project. Its goal is to deliver telecommunications capabilities to schools, hospitals and emergency services. But Wisconsin Independent Telecommunications Systems, which operates as Access Wisconsin, filed a lawsuit seeking a temporary restraining order to stop the project.
Putting the ‘mobile’ in Internet
An entrepreneur from the University of Wisconsin is putting the mobile in mobile Internet.
While wireless networks enable devices like smartphones or tablet computers to connect to the Internet from just about anywhere, service is spotty or nonexistent in many cars, trains, planes, buses and other vehicles.
Suman Banerjee, an associate professor of computer sciences at the University of Wisconsin-Madison, has come up with a solution.
HotelRED keeps wraps on as opening nears
The staff and owners of HotelRED know there?s a ton of curiosity about the hotel across from Camp Randall Stadium. Even so, they?re planning to milk it just a little bit longer. That?s why the windows are still covered with paper as the hotel makes its final push for a soft opening in August. Inside, staff is being trained and furniture is being installed in the 48-room hotel at the intersection of Monroe and Regent streets. “Everybody keeps saying football games should be great here, and I agree,” said company president Mike Erikson. “But we also have the other 358 days a year. We want to create someplace people want to come to all year long.” Besides Badger fans, Erikson says the target market is also visitors to UW-Madison, both researchers and parents, as well as leisure travelers.
Big Ten payouts to member schools climb
ST. LOUIS (AP) — The Big Ten Network will give each of the conference?s member schools a record $22.6 million this year. The increase is due in part to increased revenue from the Big Ten Network.
Minn. congressman proposes dairy subsidy reforms
Quoted: Mark Stephenson, the director of dairy-policy analysis at the University of Wisconsin-Madison.
Power grab: Is UW?s involvement in providing Internet access an invaluable public good?
No matter how vocal the opposition, the state?s new Republican leadership rarely blinks when pushing through measures it deems important. Return federal high-speed rail money? Check. Slash public sector unions? rights? Done. Implement a voter ID bill? No problem.
So, when members of the Republican-led Joint Finance Committee inserted language into their version of the state budget that would have been a boon to state telecommunications providers and a blow to decades-old investments made by University of Wisconsin institutions to help deliver and expand Internet access to entities such as schools and libraries, people across Wisconsin reached for the panic button.
Tech and biotech: Madison firm puts tool for finding cancer to the test
Exact Sciences has begun a huge test of its non-invasive screening test for colorectal cancer. The Madison company started lining up patients on June 30 to take its DNA-based stool test. Over the next 12 to 15 months, Exact Sciences wants to test more than 10,000 patients between the ages of 50 and 84 at 60 sites around the U.S., including UW Hospital in Madison.
Capital is needed to keep success stories in state
Spinback is a much more recent story. Founded by three University of Wisconsin-Madison graduates, it was sold recently to Buddy Media, a New York company that markets a Facebook advertising program. Spinback, which helps e-commerce retail firms track social media traffic and sales, was a New York company with six employees when it was sold.
Wisconsin Gets a New B-School Dean
The Wisconsin School of Business (Wisconsin Full-Time MBA Profile) has named François Ortalo-Magné as its new dean. Ortalo-Magné will take over for Interim Dean Joan Schmit on Sept. 1. He is succeeding Dean Michael Knetter, who is now the president and CEO of the University of Wisconsin Foundation, the school said in a recent announcement.
Bus service to Green Bay, Wausau, Dubuque added
Options for traveling to Wausau, Green Bay and Dubuque, Iowa ? and points along the way ? expand dramatically Thursday with the start of three direct bus routes to those cities out of Madison. The routes are operated by Lamers Bus Lines of Green Bay and are subsidized by state and federal money. Tickets for the buses, which will arrive and depart from the UW-Madison campus, will be $45 one way. All of the buses running the new routes would arrive and depart from Langdon Street in front of the Memorial Union.
The scoop on Babcock ice cream? It?s gone organic at retro Rennie?s
It?s hard to mess with ice cream perfection. But the experts at Babcock are dabbling with a new challenge: organic ice cream. The new line can be found exclusively at Rennie?s Dairy Bar, the only organic ice cream shop on campus. Located on the first floor of the Wisconsin Institutes for Discovery on North Orchard Street, Rennie?s takes its name from old-time Rennebohm drugstores.
Tech and Biotech: UW grads spin success
Three recent UW-Madison graduates found out just how quickly the world of social media commerce can work. Corey Capasso, Andrew Ferenci and Dan Reich created a company, Spinback, whose technology includes EasyShare, a system that lets consumers share products and purchases through social media and then lets companies find out how those communications translate into sales.
The Unemployment Factor – Room for Debate
The past two years of data suggest exploding mortgage payments are not the cause of the foreclosure crisis. Prime mortgages account for the majority of mortgage defaults. Instead, there are two ?triggers? that cause foreclosures. [A column by Morris A. Davis, business professor and academic director of the Graaskamp Center for Real Estate at UW-Madison.]
Biz Beat: Camp Randall hotel to open this summer
It?s looking like the long-vacant 48-room hotel at the corner of Monroe and Regent streets will open in time for the first UW home football game on Sept. 1. The operators of HotelRED, which sits directly across from Camp Randall Stadium at 1501 Monroe St., announced Monday that the hiring for two key positions is complete in anticipation of opening later this summer.
Campus Connection: UW-Madison makes in-house hire to fill dean of business school post
The University of Wisconsin-Madison turned to a familiar face to fill its dean of the business school opening. François Ortalo-Magné, who chairs the university?s real estate and urban land economics department, has been named the dean of the Wisconsin School of Business, university officials announced Friday. Ortalo-Magné, who is an expert on the economics of the housing market, is credited with growing alumni involvement across degree programs and expanding his department?s international reach.
Wisconsin-Madison appoints Ortalo-Magné as next dean
Real estate specialist François Ortalo-Magné has been appointed to the dean?s position at the Wisconsin School of Business, part of the University of Wisconsin-Madison, north-west of Chicago.
UW-Madison names new business school dean
After beginning as a visiting professor at the University of Wisconsin, François Ortalo-Magné will be the next dean of its School of Business.
UW-Madison grads sell e-commerce analytics company
Three University of Wisconsin-Madison graduates have sold their e-commerce analytics company for an undisclosed price.
Spinback was formed in October and sold recently to Buddy Media, a New York company that says it has the leading Facebook management system for global advertisers. Spinback helps e-commerce retailers measure social network traffic and sales.
CDI shares in $6.26 million research grant
Cellular Dynamics International, Madison, and the Medical College of Wisconsin, Milwaukee, have received a five-year, $6.26 million grant from the National Heart, Lung and Blood Institute.The funds will be used to study the causes of a heart condition called left ventricular hypertrophy. CDI is the company founded in 2005 by UW-Madison stem cell pioneer James Thomson.
Q&A: Deal maker John Neis works to connect ideas with venture capital
Those who follow Wisconsin?s economic development scene know the state suffers from a lack of investment dollars to help new companies get off the ground. One figure often cited is that Wisconsin is home to 1.84 percent of the U.S. population and receives 2.15 percent of the nation?s academic research spending but attracts just 0.11 percent of the available venture capital.
For more than 25 years, John Neis has been working to change that.
Johnson Controls sponsors research at UW schools
Johnson Controls Inc. is providing research support to two University of Wisconsin campuses toward the study of batteries and other forms of energy storage. The Milwaukee-based company said Thursday it will provide faculty and laboratory space at UW-Madison and UW-Milwaukee. Company officials say the move will help educate more energy researchers and also ensure that Wisconsin remains a center of energy expertise.
Johnson Controls Sponsors Research At UW Schools
GLENDALE, Wis. — Johnson Controls Inc. is providing research support to two University of Wisconsin campuses toward the study of batteries and other forms of energy storage. The Milwaukee-based company said Thursday it will provide faculty and laboratory space at UW-Madison and UW-Milwaukee. Company officials said the move will help educate more energy researchers and also ensure that Wisconsin remains a center of energy expertise.
Madison’s African Americans have fewer black-owned nightspots even as population grows
Pool at Vitale?s, then dancing at Purlie?s, then winding down at Mr. P?s. For a generation, the three taverns within a mile of each other gave blacks on the South Side places in their neighborhood to mingle after dark ….However, since the three bars closed in the late 1990s, taverns that cater to blacks have assumed another pattern.
“We call them grand opening grand closings,” said Dwayne Williams, a UW-Madison budget analyst who has a side business as a music and events promoter.
Executive Q&A: Mortgage CEO focuses on ?precious present?
Steve Jacobson traces the philosophy that guides his business to this day, after 28 years in the mortgage-finance industry, to his time playing college basketball at UW-Madison. Jacobson, 50, was a guard under Coach Bill Cofield in the late 1970s and early 1980s, but it was what then-assistant and now head Badgers coach Bo Ryan used to say about the “precious present” that stuck with him most.
Biz Beat: Budget serves up tax break for wealthiest Wisconsinites
Progressives have found precious little to like in the 2011-2013 budget Gov. Scott Walker will sign into law Sunday at a ceremony in Green Bay. But perhaps the most regressive item is a new tax loophole ? disguised as an economic development tool ? that is projected to cost the state hundreds of millions in lost revenue over the next decade.
Quoted: Andrew Reschovsky, UW-Madison professor of public affairs and applied economics
Road construction tough on ‘old’ University Ave. businesses
Construction equipment and materials litter the section of road known as “old” University Avenue, while crews and sandwich-board type signs direct motorists who venture down this stretch that parallels Campus Drive to area businesses ? some of which are hurting for customers.
Trip suggests he gets biotech
It?s nice to see that Gov. Scott Walker?s ?open for business? mantra extends beyond the traditional sectors of Wisconsin?s economy ? agriculture, tourism and manufacturing ? to the biosciences and biotechnology. The Republican governor plans to tout Wisconsin as a great place for scientific businesses to thrive next week at the 2011 BIO International Convention in Washington, D.C. This is no small thing for Madison and Dane County, which are home to UW-Madison, its more than $1 billion in annual research, and a growing number of private companies making breakthroughs and developing products in the life sciences.
Side dishes: UW-Madison team wins food product contest
Pixie Dust was magic for a team of UW-Madison food science graduate students in New Orleans last weekend. That?s the name of the drink mix that earned them first place in a Disney-sponsored food product development contest at the Institute of Food Technologists annual meeting. The contest called for Disney-themed entries of products healthy for kids. Pixie Dust is made from freeze-dried fruit and can be mixed with either milk or water. It supplies the equivalent of a full serving of fruit.
Editorial: Let Patent Office keep all its fees | Sheboygan Press
Wisconsin representatives Jim Sensenbrenner and Tammy Baldwin co-wrote an op-ed on a bill to reform procedures in the U.S. Patent Office, specifically objecting to expansion of “prior user rights,” which the two lawmakers contend will suffocate small business innovation and investments. Such a new system would a disastrous effect on research at universities, they wrote, including UW-Madison, which has benefited from protection of intellectual property rights through patents.
Biz Beat: Governors have little control over job numbers, says UW econ group
Gov. Scott Walker has vowed that Wisconsin, on his watch, will generate 250,000 new private sector jobs by 2015 — a promise being followed closely by both the governor?s supporters and detractors. But a report released Friday by a liberal UW-Madison think tank says governors actually have little control over job creation in today?s global economy.
Quoted: Joel Rogers, director of the Center on Wisconsin Strategies
Footnote: Who owns the Fluno Center?
Who owns the Fluno Center? Answer: The Fluno Center is an unusual hybrid. Opened in 2000, it is owned by the Center for Advanced Studies in Business, a private, nonprofit organization established in the 1970s to support the UW-Madison School of Business.
High-tech inhaler from Madison company would help doctors track asthma attacks
GPS can help a tourist find the way around a strange city, tell trucking companies where their vehicles are, and guide farmers in planting their crops efficiently. Now, a young Madison company is out with a GPS-equipped product to treat asthma. Asthmapolis has developed an inhaler fitted with a GPS device and a Bluetooth connection to a smartphone. David Van Sickle, an asthma epidemiologist and honorary associate fellow at UW-Madison, came up with the idea of tracking when, where and how often asthma patients reach for the medication device.
Telecom measure could cost UW
The University of Wisconsin would have to return nearly $40 million in federal funds – money intended to pay for community networks and improve broadband service for public entities – if a state budget provision aimed at protecting rural telecommunications providers becomes law. UW officials say the proposal also would prevent research universities in the state from participating in a high-speed system that connects them with research universities nationwide. “The consequences would be catastrophic,” said Paul DeLuca, provost at UW-Madison.
Limited Space Available for UW-Farm Short Course Program
Fewer than 20 spots are still available for the 2011-2012 Farm and Industry Short Course at the University of Wisconsin-Madison College of Agricultural and Life Sciences.
WisBusiness.com: WisBusiness: Expert sees room to improve Wisconsin’s long-term economic prospects
Wisconsin?s economy is faring pretty well in the short term, but the long-term outlook looks shakier. At the Wisconsin Real Estate and Economic Outlook Conference at the Fluno Center in Madison Thursday, University of Wisconsin Foundation president and CEO Michael Knetter said Wisconsin has been swimming too slowly as global tides shift to technology-based economies. ?Our economic growth outlook as a state is not great in terms of the long-term fundamentals,? Knetter, former dean of the Wisconsin School of Business, told WisBusiness.com after his speech. Controversy has raged over the past few months over Walker?s efforts to curb collective bargaining for public employees, give the UW-Madison control over its own spending and policies and cut government services.
WiRover was the big winner of the 2011 Wisconsin Governor’s Business Plan Contest (WTN News)
A Madison company aiming to help passengers in buses, trains and other vehicles connect to the Internet was the grand prize winner in the 2011 Wisconsin Governor?s Business Plan Contest. WiRover has developed an end-to-end software platform to deliver high-bandwidth Internet services to moving vehicles, including buses, trains, emergency vehicles and automobiles.
Shareholders approve TomoTherapy sale to Accuray
TomoTherapy shareholders have approved the sale of their Madison company to Accuray, of Sunnyvale, Calif., for $277 million in cash and stock. Established in 1997 based on technology with UW-Madison roots, TomoTherapy?s Hi-Art system spirals around a patient firing radiation beams at cancerous tissue.
Survey: State business leaders optimistic about economy
Quoted: Andrew Reschovsky, UW-Madison economics professor at the La Follette School of Public Affairs, and Ken Mayer, political science professor also with the UW?s La Follette school.
As protesters pound on walls, Walker tells housing conferees, ?That?s opportunity knocking?
“That?s opportunity knocking for all of us now.”
Gov. Scott Walker got his biggest applause line for that off-hand remark, made midway through his keynote address Thursday at an annual housing conference at UW-Madison. It came right after four hard, booming knocks ? clearly audible over Walker?s words in the packed Fluno Center auditorium ? as protesters opposed to the governor?s budget-cutting policies pounded their disdain on the outside walls of the building.
Grass Roots: New University Avenue development plan has some neighbors wary
The plan to be outlined in an information-only presentation to the Urban Design Commission calls for seven buildings with a total of 408,000 square feet of build-out, plus three parking structures with a total of 1,400 stalls.
Cellular Dynamics reaches agreement for distribution in Japan
Cellular Dynamics International has an agreement letting iPS Academia Japan distribute the Madison company?s stem cell-derived heart cells in Japan. The agreement brings together CDI founder and UW-Madison researcher James Thomson with Shinya Yamanaka, a member of the Japanese company?s advisory board. Both are considered stem cell pioneers in their countries. They published articles in scientific journals at the same time in 2007 describing their separate breakthroughs in stem cell research.
UW-Madison project wins state business plan contest
WiRover, of Madison, was the big winner of the 2011 Wisconsin Governor?s Business Plan contest for its high-bandwidth Internet service for use on moving vehicles such as cars and buses. Developed at UW-Madison, WiRover won first place in the information technology category and was the grand prize winner of the competition.