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Category: Business/Technology

Editorial: Growing our own

Milwaukee Journal Sentinel

The renewed focus on developing entrepreneurs at the Wisconsin School of Business is an important ingredient for a state that needs more home cooking.

Incomes in Wisconsin lag the national average, making economic growth an imperative. But with the exception of communities like Hudson and Kenosha that border large metropolitan areas, most communities in Wisconsin traditionally haven’t been able to attract companies from outside the state. That doesn’t mean they shouldn’t try, but realistically, most growth has to come from existing businesses – or by creating new ones.

Under the leadership of University of Wisconsin-Madison business school dean Michael Knetter, and with the strong support of UW’s vast network of alumni, the school is trying to produce more graduates interested in starting companies.

Editorial: Growing our own

Milwaukee Journal Sentinel

The renewed focus on developing entrepreneurs at the Wisconsin School of Business is an important ingredient for a state that needs more home cooking.

Incomes in Wisconsin lag the national average, making economic growth an imperative. But with the exception of communities like Hudson and Kenosha that border large metropolitan areas, most communities in Wisconsin traditionally haven’t been able to attract companies from outside the state. That doesn’t mean they shouldn’t try, but realistically, most growth has to come from existing businesses – or by creating new ones.

Under the leadership of University of Wisconsin-Madison business school dean Michael Knetter, and with the strong support of UW’s vast network of alumni, the school is trying to produce more graduates interested in starting companies.

Give green light to new energy era

Wisconsin State Journal

Neither Wisconsin’s economy nor its environment can thrive for long if the state continues to depend so overwhelmingly on nonrenewable, imported energy sources that contribute to climate change.

That warning should enlighten policymakers and voters as the debate accelerates over the recommendations from Gov. Doyle’s Global Warming Task Force.

Developers focus on apartments

Wisconsin State Journal

Rental projects have become a popular choice for area developers as the struggling economy and housing market troubles continue to make some prospective home and condominium buyers wary of making purchases. A market study also showed “more than adequate demand” for more student housing near UW-Madison.

‘Critical time’ for UW Arboretum

Wisconsin State Journal

When Aldo Leopold spoke on June 17, 1934, at the dedication of the UW Arboretum, he stood in the middle of two square miles of derelict farmland.
There was no rumble of traffic from the Beltline because the Beltline did not exist. To the south was nothing but more farmland. There were a few housing developments nearby but mostly the city and the Arboretum’s parent university were miles away across more fields and woodlots.

City economic development plan gains steam

Capital Times

The first economic development plan for Madison in the past 25 years is in the works. The plan focuses on “basic sector” jobs, including encouraging national companies to locate headquarters in the capital city, to draw investment and wealth here.

The Madison City Council unanimously approved the plan at its meeting this week.

….Recommendations in the plan include the ongoing rewriting of the city zoning code, establishing the second UW Research Park, reviving the east isthmus corridor as a center of employment and hiring an economic development director.

Chronic robber accused of Badger Credit Union holdup indicted

Capital Times

A Madison man was indicted Wednesday in federal court for allegedly robbing the Badger Credit Union on July 31. The indictment alleged that Michael P. Caldwell, 34, used a dangerous weapon while robbing the credit union located at 1101 Spring Street in Madison.

If convicted, Caldwell faces a maximum penalty of 25 years in federal prison. The robbery was investigated by the Madison Police Department, University of Wisconsin Police Department, and Federal Bureau of Investigation.

New University Square apartments’ elephant adds tons of luck

Capital Times

How Lucky can you get?

Lucky, a four-ton marble elephant carved in India was put on its pedestal Wednesday in the lobby of the Lucky Apartments at 777 University Ave., part of the $190 million University Square redevelopment project on the UW-Madison campus.

The marble elephant is the mascot for the 359-unit apartment building and is a symbol of good luck in parts of Asia, with good fortune expected to follow those who rub its trunk.

Cable firm in Minnesota, Dakotas adds Big Ten Network

Capital Times

Midcontinent Communications, a cable company serving more than 200,000 customers in more than 200 communities in North Dakota, South Dakota and western Minnesota, announced Monday that it has signed a deal to begin carrying the Big Ten Network on Aug. 15.

However, there are no new developments in negotiations between BTN and Charter Communications, the Madison area’s dominant cable provider.

UW-Madison police try a new deterrent for bicycle thefts

Capital Times

April Nett is a college student turned part-time detective.

Her investigative, take-matters-into-your-own-hands attitude is a recent transformation sparked by what hundreds of college students and city residents experience every year in Madison. Her bike was stolen from outside her University Avenue apartment, and she felt if she didn’t do something, nobody else would.

After watching the apartment building’s surveillance tape of two guys breaking her bike lock, then walking off with her bike, she attempted to file a report with the Madison Police Department. Without knowing the serial number for her bike, however, she knew there wasn’t much hope.

Council says no to power line along Beltline

Capital Times

A new power line that may run through the city of Madison received strong condemnation at the Madison City Council’s meeting Tuesday night.

The council passed a resolution that would oppose American Transmission Co.’s potential Beltline route for the 345-kilovolt power line.

UW Research Expands Facilities (WPR)

Wisconsin Public Radio

UW Madison’s current research park is bursting at the seams and will be expanded. In addition, a second research park designed for a vastly different kind of entrepreneur will open. Shamane Mills reportsâ?¦

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Majestic owners offer to sponsor Mifflin Street party with live music

Capital Times

After years of skyrocketing arrest numbers and city and community frustration, the Mifflin Street Block Party is taking the first steps toward an overhaul.

According to Joel Plant, aide to Mayor Dave Cieslewicz, Madison officials have been meeting with the owners of the Majestic after they raised the possibility of the local music venue sponsoring the event.

Although planning is still in preliminary stages, the event would become a live music event, with two stages alternating music throughout the day and culminating with a nationally recognized headliner.

City hoping UW incubator can spark East Rail Corridor

Capital Times

UW-Madison Chancellor John Wiley and Mayor Dave Cieslewicz meet for lunch from time to time to keep each other informed about all that’s going on around town.

It was about a year ago during one of these get-togethers that Wiley talked about his hopes of developing an urban research park — targeting high-technology entrepreneurs — on East Washington Avenue.

“And I dropped my dessert fork,” Cieslewicz recalled Monday. “And I said, ‘Chancellor, if there is anything we can do to make that happen, we want to make that happen.’ ”

On Monday, University Research Park Director Mark Bugher announced plans to open a new urban campus in 6,000 square feet of space leased in the former Marquip Building at 1245 E. Washington Ave., which is just more than a mile from the Capitol Square.

UW Research Park To Expand On East Side

WISC-TV 3

MADISON — The University of Wisconsin Research Park is looking to expand, and officials are eyeing a historic property on Madison’s East Side.

The new urban research park would be housed inside the Marquip Building, a Madison landmark that has been vacant for more than five years.

“Some would say, ‘Why here in this location?'” said Mark Bugher, director of the research park. “First and foremost, it’s close to the UW campus, close to the (Madison Area Technical College) campus. It’s a vibrant edgy neighborhood.”

UW Research Park goes urban

Wisconsin Radio Network

It’s a big boost for a Madison neighborhood. Mayor Dave Cieslewicz couldn’t be more pleased, as the University Research Park announces a new urban campus just east of the city’s downtown. “This could be the spark, that really makes the East Rail Corridor take off,” says Mayor Dave.

Research Park’s new urban campus hopes to draw high-tech firms

www.wisbusiness.com

MADISON â?? Most of the 115 businesses in the University Research Park on the Capital Cityâ??s west side are biotech companies that require wet labs for their ongoing experiments and product development.

But in the researchâ??s park urban expansion in the former Marquip Building at 1245 E. Washington Ave., the targets for the 10 new incubator suites in the former manufacturing site will be high-tech entrepreneurs working in the areas of information technology, engineering, medical devices and computer sciences.

The effort is starting out small, with a lease of 6,000-square feet. But it has the potential to â??explodeâ? within a few years as faculty members and students start their own businesses, said UW-Madison Chancellor John Wiley.

UW Research Park goes urban

Wisconsin Radio Network

It’s a big boost for a Madison neighborhood. Mayor Dave Cieslewicz couldn’t be more pleased, as the University Research Park announces a new urban campus just east of the city’s downtown. “This could be the spark, that really makes the East Rail Corridor take off,” says Mayor Dave.

The “urban research park,” announced Monday by Chancellor John Wiley and Research Park Director Mark Bugher, will make six thousand square feet of space will into ten incubator sites and two conference rooms ready for occupancy by early next year. Unlike the existing research park which is geared to faculty startups, this urban park will be aimed at attracting recent graduates.

WiSys helps link research, real world

Milwaukee Journal Sentinel

For more than a century, the University of Wisconsin-Madison has been the stateâ??s academic research powerhouse.

From embryonic stem cells to vitamin D-related technologies, anti-coagulant drugs like Coumadin and TomoTherapy, UW has churned out discoveries that have helped make the world a better place, created jobs and generated revenue for the state.

Tomotherapy Shares Plunge

Wisconsin State Journal

TomoTherapy shares plummeted Friday, losing nearly half their value in very heavy trading, after the Madison company reported a second-quarter loss, slashed full-year projections, and, for the first time, admitted losing orders to competitors.

Campus credit union robbed, suspect arrested

Capital Times

A 34-year-old Madison man was arrested Thursday after allegedly robbing the Badger Campus Credit Union, 1101 Spring St., the nab taking place after the suspect was followed on foot by a credit union employee who flagged down a UW police officer, telling the officer the suspect’s location.

Michael Caldwell was taken into custody on a probation hold following the incident, which happened about 11:50 a.m. Thursday.

New UW-Madison business school wing to open with fall classes

www.wisbusiness.com

When UW-Madison MBA students return for fall classes in late August, theyâ??ll find new digs in the form of the $40.5 million east wing of Grainger Hall.

The 131,416-square-foot, four-story addition features enhanced space for Wisconsin Enterprise MBA programs, the Evening MBA and Executive MBA, all of which serve working professionals.

The new tower also features common areas for visiting recruiters, alumni and students –including the multi-purpose Plenary Room on the first floor — as well as the Capital Café and 29 modern classroom and meeting/breakout rooms.

Business Beat: Weak dollar boosts biotech buyouts

Capital Times

There has been plenty of excitement on the local biotechnology scene, with three local start-ups acquired in the past 13 months.

The most recent deal has the Swiss pharmaceutical company Roche Holdings paying $125 million for Madison-based Mirus Corp. Established in 1995 based on the gene therapy work of UW-Madison scientists, Mirus has about 60 total employees here who are expected to keep their jobs.

Last June, Roche also purchased NimbleGen, a privately held Madison-based genomics company, for $272.5 million. NimbleGen has about 90 employees here. And earlier this summer, Boston-based Hologic Inc. announced a $580 million acquisition of Madison-based Third Wave Technologies that was just recently completed.

The deals have been widely cheered by the local biotech industry, and why not? It sure beats the drumbeat of job cuts and plant closings, the latest from Synergy Web Graphics in Mazomanie and Stoughton

New UW-Madison dairy complex now open for business

Capital Times

ARLINGTON — Several hundred guests gathered at the UW-Madison Arlington Agricultural Research Station to get their first peek at the newly opened dairy barn and milking facility.

The $5.1 million dairy complex includes two freestall dairy barns, a Double 16 WestfaliaSurge milking parlor, a sand bedding recycling system and 350 dairy cows that are milked twice a day. Soon 450 cows will make their home there.

But the dedication ceremony Wednesday was about more than the technology and details incorporated into the modern dairy facility — there are many other barns similar to this one across the state. It was also about the unusual road taken to get the much-needed facility built.

Regional booster off to great start

Wisconsin State Journal

Health care and biotechnology companies in south-central Wisconsin are struggling to attract and hire enough highly-skilled workers.
Grocers in the region say they need easier ways to connect with local farmers to buy and sell fresh produce.

In both cases, the area ‘s young and ambitious economic development booster, called Thrive, is hustling to help.

Business Beat: State ranks high for drinking, not for workforce talent

Capital Times

….to really gain some insight into Wisconsin’s workforce, one need only look at the recent analysis by Gannett Wisconsin Media of the state’s drinking culture — where boozing goes hand-in-hand with tailgating, snowmobiling, deer hunting and even children’s events.

Gannett scored Wisconsin No. 1 in the nation for imbibing, a ranking based on the price and availability of alcohol, its economic importance and its criminal justice, social and health effects.

Following Wisconsin on the list of top drinking states are North Dakota, Montana, Wyoming and South Dakota. That’s not exactly the kind of company to keep when you’re pitching yourself as the next biotech hotbed.

Sobering up: Behind Madison’s harder line on downtown booze

Capital Times

The year is 1998. Michael Verveer is a 30-year-old member of Madison’s City Council, serving the heart of the city’s downtown.

He is the articulate public voice for the many students in his district who oppose stricter controls on alcohol. When the police announce in September that they have written their first tickets under a new policy to the hosts of an off-campus party with underage drinkers, Verveer tells The Capital Times that “some of my constituents are now facing several thousands of dollars worth of fines for a crime that I don’t think is that bad and that has been going on at the UW for more than four decades; namely, inviting friends over to celebrate a football game.”

….Fast forward to 2008. Madison’s economic revitalization has continued, and the face of downtown has changed as well, with many young professionals and “empty-nesters” moving in to hundreds of new condominium units.

….Verveer is not the only politician whose thinking on downtown alcohol issues has evolved in the past few years. The makeup of the Alcohol License Review Committee itself is a sign of how Mayor Dave Cieslewicz’s views on alcohol enforcement have changed.

Swiss giant Roche acquires Madison firm Mirus for $125M

Capital Times

Swiss pharmaceutical and biotech giant Roche has acquired Madison-based Mirus Bio Corp. for $125 million, the two companies announced Tuesday.

Mirus Bio is a leader in RNAi (ribonucleic acid interference) technology, a method of determining how genes are turned off and on in cells, with new medicines emerging from RNAi that could prevent disease-causing proteins from being made.

According to a press release from Mirus Bio, Roche will maintain the RNAi research site in Madison.

(Mirus Bio Corp. was founded in 1995 by Dr. Jon Wolff and his colleagues James Hagstrom and the late Vladimir Budker.)

Water symposium draws Chinese officials, scholars

www.wisbusiness.com

More than 25 government officials and environmental experts from China are in Madison to attend the first â??China-US Water Symposium: A Wisconsin Idea Approach, Connecting Science, Policy and Practice.â?

The gathering is the brainchild of Xiaojun Lu, a UW-Madison microbiology doctoral candidate from Beijing and one of 1,300 Chinese students and 100 Chinese faculty on the campus.

ATC application complete for power line

Capital Times

The clock has started ticking on American Transmission Company’s proposal to build a 345-kilovolt transmission line across Dane County.

The Public Service Commission has deemed the 2,000-page application as complete, and will start the formal process leading to approval or denial, a process that could take up to a year.

Foodies go crackers for Potter’s

Capital Times

Thanks to an innovative pair of Madison food entrepreneurs, the lowly cracker gets to be a star at the snack table, rather than just the unsung transport vehicle for cheese or savory dips.

But it’s not just any cracker that chefs like Chicago’s Rick Bayless of Frontera Grill fame are raving about and local consumers are craving.

Late-night cookie truck promises sweet relief

Capital Times

Not everybody wants a gyro or a slice of pizza at bar time. Those with a sweet tooth might be more inclined toward a warm double chocolate chunk or M&M cookie and some cold milk.

“That is heaven right there,” said University of Wisconsin-Madison student Will Catron, 26, holding up an ice cream sandwich made with two white chocolate macadamia cookies and vanilla ice cream in the middle.

“It’s great,” said Catron, who visits the Insomnia Cookies truck on State Street Mall once or twice a week to get his favorite confection. “This is the cookie I love the most.”

Big Ten Network inks deal with Verizon, negotiating again with Mediacom

Capital Times

The Big Ten Network announced Wednesday that it has signed a deal with Verizon to be carried on its FiOS service, a cable-like TV service that is delivered to homes over fiber optic lines.

Verizon provides phone and Internet services to several Madison area communities, including Sun Prairie and Oregon, but those local markets are not included in Verizon’s FiOS rollout plans that have been released through 2010.

Meanwhile, Mediacom, which serves about 400,000 households in Iowa, is in “active discussions” again with BTN, Mediacom spokeswoman Phyllis Peters told the Cedar Rapids Gazette.

Full speed ahead on biofuels

Wisconsin State Journal

The average gasoline price in Madison set a daily high this week, topping $4.02 a gallon on Tuesday.
On the same day a federal forecast warned that gas prices nationwide are likely to remain above $4 a gallon for the rest of the year and into 2009.

The higher cost of gas is a costly problem that underscores the importance of proceeding full speed ahead with efforts to develop biofuels as an alternative to gasoline.

Downtown stores accept ID scanners from UW

Capital Times

Seven downtown Madison liquor stores and one grocery store recently accepted UW-Madison’s offer to participate in an electronic identification scanner pilot program that is designed to help retail clerks ensure that patrons attempting to purchase alcohol or tobacco are of legal age.

Private Langdon dormitory to close

Capital Times

Come August, when college students swarm Madison to move into new apartments and dormitories, one major housing unit will remain empty.

The Langdon — a freshman-oriented private residence hall at 126 Langdon St. with 360 beds — has closed after its new owner, local landlord Steve Brown Apartments, bought the property from FirstWorthing, which is folding itself.

….Although a weak economy has created chaos in today’s housing market, the dire situation depicted by Steve Brown Apartments is not a view shared by its public housing counterparts. For the UW Division of Housing’s public dorms, the problem isn’t with lack of demand, but a lack of space.

News industry woes may lead to layoffs at Isthmus

Capital Times

Isthmus, a Madison weekly newspaper, is considering layoffs to cut costs in the wake of the advertising-draining technological revolution that is shaking the news industry.

“We are making plans that may involve layoffs. Nothing is decided,” Isthmus Publisher Vince O’Hern said Monday. “It may involve some people taking leaves, and some people not being on staff anymore.”

Quoted: Professor James Baughman, director of the UW-Madison School of Journalism and Mass Communication

La Crosse County wins award for drug disposal

La Crosse Tribune

La Crosse County Solid Waste Departmentâ??s program for collecting and disposing of unused medication won an award Wednesday for government efficiency and effectiveness.

The Lloyd D. Gladfelter Award is administered by the University of Wisconsin-Madison Department of Political Science, and recognizes problem-solving and resourceful ideas generated by non-elected government employees.

Editorial: A race for knowledge

Milwaukee Journal Sentinel

Wisconsin is far better positioned in the knowledge economy than it was four years ago, with larger pools of risk capital and better coordination of the stateâ??s best research.

That’s one way to read a new report from the well-respected Milken Institute. The state finished five spots higher at No. 22 in Milken’s State Technology and Science Index (www.jsonline.com/765102).

Support economy’s hot spots

Wisconsin State Journal

Wisconsin just received four reminders of where the state ‘s economy is heading: toward growth generated by innovations in science and technology and away from the old foundation of traditional manufacturing.
Policymakers — from the Doyle administration to Thrive, the economic development arm for the Madison region — ought to pay close attention.

U.S. office upholds embryonic stem cell patents

Milwaukee Journal Sentinel

The Wisconsin foundation that holds several key embryonic stem cell patents said Thursday that it has received certificates signaling the end of a long-fought challenge to the patents.

The Wisconsin Alumni Research Foundation, known as WARF, received the so-called re-examination certificates from the U.S. Patent and Trademark Office this week, WARF spokeswoman Janet Kelly said. The certificates confirm the patent officeâ??s ruling in March to strike down a challenge to the patents that started in October 2006.

Digital growth paves cable path to Big Ten Network

Capital Times

Cable subscribers’ increasing embrace of digital services helped lead to a carriage deal between Comcast and the Big Ten Network, and could do the same for Charter Communications and Time Warner, Wisconsin’s two dominant cable providers.

BTN from its beginning insisted on being carried on a basic level of cable service — such as Charter’s Expanded Basic — in the Big Ten Conference states in order to reach a maximum number of subscribers. BTN has since made a partial concession on that point in its deal with Comcast that was driven by the company’s growth in digital subscribers.

In its markets in Big Ten Conference states, Comcast will carry BTN on its expanded basic level from its launch Aug. 15 through the end of the 2008-09 college basketball season. But after that, it will be allowed to move BTN to a “broadly distributed digital level of service in most of its systems in the Big Ten states,” the companies said in their news release announcing the deal.

Metro Passes Shuttle Service To Private Bus Companies

WISC-TV 3

MADISON, Wis. — Madison’s annual Rhythm and Booms fires off this Saturday at Warner Park.
The event, which starts at noon, is expected to draw around 250,000 people. But, one big change this year will be that Madison Metro will no longer be providing the shuttle service between Warner Park and the MATC parking lot.

New federal regulations that went into effect in April prohibit federally-funded transit systems from providing shuttle services for community events.

“It’s a federal rule that’s trying to help out the private companies,” said Metro transit marketing specialist Mick Rusch. “We feel like we’re passing the torch. We understand the spirit of this legislation.”

The new federal rules also mean Metro buses will no longer be able to provide shuttle service at University of Wisconsin football games or WIAA sporting events. Metro buses moved 50,000 people a year on these community event shuttles, WISC-TV reported.

Mike Ivey: Should Madison ban the drive-through?

Capital Times

First it was a proposed ban on plastic bags. Now, a member of the influential Madison Plan Commission wants to ban the restaurant drive-through — or at least restrict the ubiquitous symbol of America’s auto-centric lifestyle.

“Given the concern about all the carbon going into the atmosphere, I’m not sure we should be building more places for people to sit idling in their cars,” says Eric Sundquist, who was appointed to the citizen panel by Mayor Dave Cieslewicz this spring.

A former newspaper reporter in Atlanta now working as a researcher at the UW-Madison’s Center on Wisconsin Strategy, Sundquist notes that several cities in Canada have recently moved to ban the drive-through coffee shop or stand-alone fast food restaurant.

Wiley Takes UW Institute Job

Wisconsin State Journal

UW-Madison Chancellor John Wiley, who late last year announced he would leave his position in September, has been named interim director of the Wisconsin Institute for Discovery, the public portion of a public-private, $150 million research center expected to be completed on the university’s campus in 2010.

State moves up in ranking of technology

Milwaukee Journal Sentinel

With its investment in biosciences and bioenergy research, and leadership in stem cell research, Wisconsin has continued to expand its knowledge economy, a new report by the Milken Institute shows.

The state ranked 22nd in the instituteâ??s State Technology and Science Index, moving up from 27th in 2004, the last time the report was done

Report: Investment in state start-up companies up 43% last year

Capital Times

Private dollars invested in Wisconsin start-up companies operating in high-growth sectors — such as biotechnology — grew 43 percent in 2007 to a record high, according to a report released Wednesday.

That exceeds the 1.8 percent national growth estimate provided earlier this year by the Center for Venture Research, the Wisconsin Technology Network reported.

Big Ten Network, Comcast finalize deal; no quick Charter-BTN deal seen

Capital Times

As expected, the Big Ten Network and Comcast Corp., the nation’s largest cable company, finally have reached a carriage deal.

But while the deal announced by BTN and Comcast in a news release Thursday may provide a potential framework for deals between BTN and Charter Communications and Time Warner, Wisconsin’s two major cable providers, a UW-Madison professor of telecommunications who follows cable issues closely is pessimistic about deals being done in time for the 2008 college football season.

The University of Wisconsin’s first football game is Aug. 30 — ironically the one-year anniversary of the launch of BTN.

Entrepreneurship 101: Not Just for Business School Anymore

Chronicle of Higher Education

Nick Winter was watching a friend play video games in a Beijing apartment when the idea came to him: Could the technology that translated jabs of a digital stylus into on-screen movements help students learn to write and recognize Chinese characters?

As a mathematics, computer-science, and East Asian-studies major at Oberlin College, he knew firsthand the laborious task of memorizing hundreds of basic Chinese characters. A computer program that incorporated both handwriting recognition and self-testing, he thought, might help students, especially those just starting out.