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Category: Business/Technology

Fundraising Has Deeper Meaning

Wisconsin State Journal

The State Journal’s front page article on student commencement campaigns on May 17 implicitly raised questions about the appropriateness of such campaigns at a public university – particularly within a unit that has raised undergraduate tuition by $1,000 and received an $85 million gift within the past year.

How dare we even broach the topic of “giving back” with students? Are we like the hiker climbing a mountain just because it is there? Or is there something more important about the journey?

Drug-makers, high-tech companies clash over patents

Milwaukee Journal Sentinel

Pharmaceutical companies and even some high-tech companies such as General Electric are pushing back – countering that some of the changes their opponents want could reduce protections for patent-holders by limiting the damages innovators could seek from copycats.

The Wisconsin Alumni Research Foundation, which patents the discoveries of University of Wisconsin-Madison researchers, has some of those same concerns.

Students test drive careers, earn cash at summer jobs

Wisconsin State Journal

Summer jobs are a great opportunity for students, whether they’re a chance to test drive a career or to simply fatten their wallets. And many opportunities may be available.

“If there is a student who wants to work, there are jobs out there â?? that’s the bottom line,” said Tim Putzier, administrator of the UW-Madison Student Job Center.

UW-Madison’s newest residential community focuses on entrepreneurial living

Capital Times

To some people, entrepreneurship is a dirty word.

“I used to have a piece of paper on entrepreneurship and on one side it said ‘greed’ and ‘exploitation’ and on and on,” said Anne Miner, a professor of management and human resources at UW-Madison’s School of Business. But the other side, she said, had terms like “‘creativity’ and ‘new forms of values’ and ‘self reliance’ and ‘autonomy’ and ‘taking responsibility.'”

Being entrepreneurial is not all about making money or knowing how to develop a business plan, added Miner, who also is the director of the cross-campus Initiative for Studies in Technology Entrepreneurship. It’s also about looking for creativity and innovation in one’s personal life and across a wide range of disciplines, she said.

And that is the underlying philosophy behind UW-Madison’s newest residential learning community.

Mike Ivey: Camp Randall hotel on hold again?

Capital Times

The way architect Bob Sieger sees it, there are a half-dozen residents in the Vilas neighborhood who won’t be happy until the Badgers stop playing football entirely at Camp Randall Stadium.

Sieger has been trying for the past three years to redevelop his property at the corner of Regent and Monroe streets, right across from Wisconsin’s largest sports arena….

Climate skeptics, take 3

Turns out there are two lists of global climate change skeptics being circulated by the Heartland Institute, and both contain people who say their names were wrongly included. (See Business Beat from April 30, May 14.)

In fact, the UW has now written a letter to Chicago-based Heartland on behalf of five scientists who want their names removed, including John Kutzbach, the former head of the UW Center for Climate Research.

High-Minded Idea

Chronicle of Higher Education

Produce doesn’t get more local than when it is grown on the roof of the supermarket where it will be sold.

Keith Agoada and Troy Vosseller, business students at the University of Wisconsin at Madison, developed that prize-winning idea for the university’s annual G. Steven Burrill Business Plan Competition last month. First place earned them $10,000 to invest in their business model, which they call Sky Vegetables.

Doyle to again propose hospital tax

Capital Times

Democratic Gov. Jim Doyle today told members of the Wisconsin Hospital Association that he plans again to propose a hospital tax that could bring hundreds of millions of federal dollars to state hospitals and provide the government with $125 million to help it through trying economic times.

“We’ll be putting forth a new budget next January for the next two years, and when we do we’ll be working to make sure that that federal money is coming into the state of Wisconsin and we are working in a way to be able to raise the reimbursement rate that you have needed,” he said.

Developer that lost building deal can’t sue state

Capital Times

A developer that claims it lost a major building contract for political reasons cannot sue Gov. Jim Doyle’s administration for damages.

The District 4 Court of Appeals has upheld a judge’s dismissal of the lawsuit by Prism, which was a bidder on a $68 million construction project at University of Wisconsin-Milwaukee.

Different tactics to prevent ‘brain drain’ in Wisconsin

Wisconsin State Journal

Lindsay Midtbo, a UW-Madison senior, is looking for a job â?? but not in Wisconsin.

“I was born here, I’ve been here forever,” Midtbo, a Milwaukee native, said. “I want something new and different.”

Midtbo, an economics major who graduates this month, is hoping for a job in Chicago. The city offers more financial services jobs and a change of pace, she said.

Midtbo isn’t alone in wanting to leave the state. Each year, about half of UW-Madison’s recent graduates leave Wisconsin for Illinois, Minnesota and other states.

WARF asks city to cut $600,000 bond fee

Wisconsin State Journal

The Wisconsin Alumni Research Foundation wants Madison to significantly cut a $600,000 bond closing fee on a $150 million campus project, saying it is a nonprofit entity doing a project in the public interest.

The city ‘s Community Development Authority now must decide whether to charge the full fee and use it for city revitalization efforts or cut the fee and reduce costs for WARF ‘s much-anticipated Wisconsin Institutes for Discovery.

Invitrogen signs deal for WARF stem-cell patent

Wisconsin State Journal

A California biotech company that had expressed frustration over Wisconsin’s stem-cell patents has signed a licensing agreement for stem-cell technologies with the Wisconsin Alumni Research Foundation.

“We were able to work out our differences,” said Joydeep Goswami, vice president for stem cells and regenerative medicine at Invitrogen Corp. of Carlsbad, Calif.

Invitrogen, which announced the agreement Thursday, is one of the largest of 25 companies that have signed 30 licensing agreements for stem cells with WARF, said licensing manager Andy DeTienne.

Drunken driving = bartending barrier

Capital Times

If Ald. Michael Schumacher has his way, anyone with a drunken driving violation would be barred from getting a bartender’s license for a five-year period.

Schumacher, who will likely unveil his proposal to the Madison City Council at its May 20 meeting, says “it’s a privilege to have a license, not a right.”

Editorial: Gravitational pull

Milwaukee Journal Sentinel

Microsoft and Google. Two names that any up-and-coming market in the country would be happy to welcome. And now Madison can do so, thanks to the nation’s second-biggest research university.

Neither tech giant is creating a lot of jobs in Wisconsin’s capital city yet, but the fact that both want to be near the University of Wisconsin-Madison speaks well for what UW-Madison is doing for the economy in south-central Wisconsin.

Downtown bar owners ‘very happy’ over drink special ruling

Capital Times

Downtown tavern owners weren’t popping champagne bottles but were “very, very happy” about the Wisconsin Supreme Court finding their voluntarily ban on weekend drink specials didn’t violate anti-trust law.

“We were very concerned (about losing) because you never know what will happen,” said Bruce Meier, whose family has owned the Kollege Klub for 55 years.

Twenty-four bars have spent in excess of $500,000 in legal fees to defend a class-action suit filed in Dane County Circuit Court in 2004 on behalf of University of Wisconsin students, said Scott Stenger, spokesman for the Wisconsin Tavern League.

Hotel at Regent, Monroe streets gets OK

Capital Times

The fifth time was the charm for Madison architect Bob Sieger in his efforts to redevelop the corner of Regent and Monroe streets.

The Madison Plan Commission late Monday night approved a demolition permit to allow Sieger to raze his existing retail and office building across from Camp Randall Stadium. That clears the way for him to build a four-story, 48-room boutique hotel at the site.

Groundbreaking day for â??discoveryâ??

Daily Cardinal

Construction officially began Friday on the Wisconsin Institutes for Discovery, the public-private partnership that will house much of UW-Madisonâ??s future interdisciplinary research.

Gov. Jim Doyle, members of the Wisconsin Alumni Research Foundation and UW-Madison Alumni John and Tashia Morgridge welcomed community members during a groundbreaking ceremony Friday at the building site on the 1300 block of University Avenue.

Badgers win contest

Star Tribune

A team from the University of Wisconsin-Madison won this year’s University Real Estate Challenge, a competition that challenges college students to analyze and develop projects.

The contest is sponsored by the Minnesota chapter of the National Association of Industrial and Office Properties (NAIOP). The competition allows students to get real-world experience by preparing feasibility studies on potential projects. At the same time, NAIOP members, who evaluate the students’ work, can get a look at prospective employees.

Cellectar, state in new territory

Milwaukee Journal Sentinel

In Wisconsin, the availability of larger pools of private equity money and experienced executives have combined with the wealth of life sciences research at the University of Wisconsin-Madison to create a breeding ground for drug development companies.

Sweatshop complaint: Student group pressures UW over adidas deal

Capital Times

The Student Labor Action Coalition is once again pressuring UW-Madison Chancellor John Wiley to end the university’s exclusive contract with adidas for athletic apparel.

The long-running dispute stems from treatment of former workers at the Hermosa factory in El Salvador, which closed in 2005 while owing 260 workers about $825,000 in back pay and severance funds. Sixty-three workers who were union members protested and were blacklisted and labeled as troublemakers, the students say.

There are also allegations that the owner of the Hermosa factory, which had made clothing for adidas, embezzled some employee funds.

“With four months left in his tenure as chancellor, Wiley has one last chance to redeem himself by taking decisive action in support of workers by cutting the UW’s exclusive contract with adidas. If he doesn’t act, students will forever remember him as the Sweatshop Chancellor who sold out UW-Madison to corporate interests,” said coalition member Phoebe Taurick.

ATC’s power line application ruled incomplete again

Capital Times

For the second time, the Wisconsin Public Service Commission has deemed American Transmission Co.’s application to build the Rockdale-west Middleton power line incomplete.

PSC Division Administrator Robert Norcross mainly sought additional cost and environmental impact information on ATC’s proposed Beltline route for the 345-kilovolt line, in a letter sent Wednesday to the company.

The PSC determined in November that the application ATC submitted in October was incomplete. The PSC gave ATC more than 100 questions to answer, said ATC spokesperson Sarah Justus.

Madison group heads funding for tissue regeneration firm

Capital Times

Tissue Regeneration Systems Inc., a medical device company developing bioactive implants for bone and soft tissue regeneration, on Thursday announced the close of a $2 million round of financing led by Madison-based Venture Investors and joined by the founders of TRS.

The company is a spin-out of the universities of Michigan and Wisconsin, where TRS’ core proprietary technologies were developed over the past decade, and from which TRS has an exclusive option to commercialize.

How Wisconsin Student Investors Run $62 Million

TheStreet.com

Weighing in at $62 million, you would think that being the one of the world’s largest student-run portfolios sets the University of Wisconsin’s Applied Security Analysis Program (ASAP) apart from its peers. But ask its student managers what makes their program worth talking about, and size isn’t the first thing that springs to mind. Here’s a look at what does.

UW-Madison biz school dean raps McCain gas plan

www.wisbusiness.com

Michael Knetter, the UW-Madison Business School dean, today ridiculed Sen. John McCainâ??s proposed summer gas tax holiday as â??political pandering.â?

Speaking at a global economics conference at the Fluno Center, Knetter said McCainâ??s proposal to suspend the 18.4-cent tax on gasoline (and the 24.4-cent levy on diesel fuel) from Memorial Day until Labor Day is flawed.

Global warning: States must work together, development expert says

Capital Times

When Brown Shoe announced it was locating its new headquarters in St. Louis, not Madison — and closing its Famous Footwear offices here — one reason cited was some $43 million in economic development incentives from the state of Missouri.

Wisconsin officials had also attempted to lure Brown Shoe, offering up free land and other perks if it would build its new headquarters here. Madison Mayor Dave Cieslewicz and Chamber of Commerce President Jennifer Alexander even flew to St. Louis to give the pitch.

But rather than spending limited resources fighting each other for new jobs, Midwestern states must work together if they hope to compete in the new world economy, development experts say.

Quoted: Dean of International Studies Gilles Bousquet

Majestic touts its record, wants alcohol license limits eased

Capital Times

After seven trouble-free months, the owners of the Majestic Theatre are looking to get the restrictions against their liquor license lifted or relaxed.

As it stands, the theater has to close half an hour before bar time. That means weeknight closing time can be no later than 1:30 a.m., and weekend closing time can be no later than 2 a.m. Its capacity can be no more than 600 for ticketed events and 350 for non-ticketed events, and non-ticketed events are limited to the venue’s first floor only. Also, alcohol can be served no earlier than one hour prior to the beginning of an event.

“We’ve obviously proven ourselves to be who we said we were going to be at the outset,” said Scott Leslie, who owns the business with partner Matt Gerding. “We’re very proud of the operation that we run.”

A Classroom Path to Entrepreneurship

New York Times

The college campus, it turns out, can be an ideal incubator for hatching small businesses.

Naninaâ??s Gourmet Sauce, a pasta sauce company based in Belleville, N.J., was started, for instance, in 2005 by students taking an entrepreneurship course at Monmouth University in West Long Branch, N.J. Naninaâ??s products are now sold in nearly 400 supermarkets and gourmet shops in New Jersey and Manhattan, and the companyâ??s director of operations is 23-year-old Nick Massari, a student in that class.

The Kauffman Foundation is spending $50 million to finance such programs at 19 universities, including Arizona State, Oberlin, the University of Wisconsin and the University of Rochester.

UW honors Wiscontrepreneurs

Capital Times

The 100-hour Wiscontrepreneur Challenge winners received their prizes today after devoting last weekend to creating a new and useful product from cast-off materials.

Nearly 50 students participated in the challenge to create something of value from their selection of $10 worth of materials from SWAP (Surplus With A Purpose). This is the second year of the contest, run by the Office of Corporate Relations with a grant from the Kauffman Foundation and sponsored by Venture Investors. Three winners each won $300 for their creativity, entrepreneurship and ability to create under time pressure.

The most creative prize went to fine arts major Matthew Manske from Slinger, Wis., for his creation of the “i Pedal,” a device designed to help power hand-held devices, such as an iPod, by using the energy from a spinning bike wheel.

Road to nowhere: Housing projects on indefinite hold

Capital Times

It was billed as a $100 million “urban village,” a project to energize the entire east side.

Union Corners promised to transform the site of a contaminated battery factory three miles from the Capitol into a mix of condominiums, offices and retail shops. There was talk of shady green public plazas, bubbling water features, even a light rail transit stop.

But today the 15-acre site is a tangle of empty lots, broken concrete and piles of gravel along one of the city’s busiest corridors. The only things standing are three mature oak trees where employees of Rayovac once enjoyed their lunch breaks before the aging brick factory on Winnebago Street was shuttered by new corporate owners five years ago.

Quoted: Colleen Dunlavy, economic historian at the UW-Madison.

Beyond ethanol: Searching for the next viable green fuel

Capital Times

Eric Apfelbach is happy to talk about the promise of using plant sugars to produce synthetic gasoline. But anyone wanting to take a tour of Virent Energy Systems, his Madison-based company, must first sign a confidentiality agreement pledging not to reveal any trade secrets.

The request is not necessarily unusual in the world of biotechnology, but rather reflects the fierce competition among companies working to find an alternative to carbon-based coal and oil that also avoids the downsides of corn-based ethanol.

….The search for a new biofuel is in its third iteration, says Timothy Donohue, a professor of bacteriology and the lead scientist at the UW-Madison-based Great Lakes Bioenergy Research Center.

Mendota Court apartment named ‘Worst House in Madison’

Wisconsin State Journal

For months, Karley Gifford says she put up with annoyances at her Madison apartment â?? water-stained ceiling tiles, peeling paint, ripped linoleum.

But it was two burglaries in three days that broke her, she said. Gifford, 20, a UW-Madison sophomore, claims her landlord failed to fix a broken door pane for more than two months, giving burglars an easy way to reach in and unlock the door.

Madison feeling lucky: Google opens office downtown

Capital Times

Madison’s profile in the high-tech world just received its second boost of good news in less than a week.

The Capital Times confirmed that Internet giant Google has set up an engineering office downtown to focus on hardware and software systems design.

“I think Google coming to Madison, a big part of that is because we have a strong (computer sciences and electrical computer engineering) program and we have good students here,” said Parmesh Ramanathan, chair of the electrical and computer engineering department at UW-Madison. “I think this is a real positive for both the university and for Madison.”

U Design Union South

Wisconsin State Journal

The University of Wisconsin-Madison’s Union South will be demolished next year. What should replace it?

Initial planning concludes soon. Because I’ve written on campus history, architecture and planning, Union officials have asked me to sit in on design sessions.

UW textiles professor guides green carpet choice

Wisconsin State Journal

A passionate textiles professor in Madison helped a California college system insist on buying environmentally friendly carpeting for an $83 million contract.

His work reflects growing interest in sustainable choices in carpeting, from homeowners to commercial contractors who want their buildings to be “green” from top to bottom.

“My whole research agenda for the past 26 years” has been focused on textile manufacturing and recycling issues to protect the environment, said Majid Sarmadi, 54, a professor of textile science at UW-Madison.

Brain power pays dividends again

Wisconsin State Journal

UW-Madison brainpower.
That ‘s the answer to two questions worth asking this week in the aftermath of Microsoft Corp. ‘s decision to locate a research operation in Madison.

Question No. 1: What attracted the global software giant to this area?

Question No. 2: What should Wisconsin invest in if the state wants to attract more high-tech jobs and income?

Let ‘s hope Wisconsin policymakers are taking notes.

Microsoft Partners With UW-Madison (WPR)

Wisconsin Public Radio

Computer giant Microsoft is setting up a new, advanced development lab at the University of Wisconsin-Madison. University officials say it will greatly benefit the school, and attract prospective, talented computer students to the campus.

The Microsoft Jim Gray Systems Lab â??- named for a company executive and pioneer of the database industry — will open in the downtown area. Microsoft has pledged to support several graduate-level research assistantships at the facility beginning this fall.

Microsoft Hires Database Pioneer, Opens Database Development Lab (Information Week)

In an effort to forward fundamental database research and push the limits of database scalability, Microsoft has hired parallel database pioneer David DeWitt as the company’s newest technical fellow and will open an advanced development laboratory in Madison, Wis.

The new advanced laboratory, the Jim Gray Systems Lab, will perform fundamental research on databases and work closely with Microsoft Research and the company’s development teams to do advanced development of database technologies that the company will roll out in the mid-term.

Microsoft to partner with Univ of Wisconsin on database lab

Seattle Post-Intelligencer

MADISON, Wis. — Microsoft plans to open a laboratory in Madison this spring as part of a partnership with the University of Wisconsin-Madison computer science department.

Retired UW-Madison computer scientist David DeWitt will run the lab in downtown Madison.

DeWitt is considered one of the world leaders in database research, and the lab will focus on developing database systems.

The lab is expected to open with six full-time employees, but Dewitt says he would like it to grow to 10 or 20 scientists in coming years.

Microsoft will pay graduate students to do research at the lab, which is also expected to provide internships for students and consulting opportunities for faculty.

Microsoft to partner with UW on database lab in Madison (AP)

MADISON, Wis. (AP) — Microsoft Corp. will open a laboratory in Madison this spring as part of a partnership with the University of Wisconsin-Madison computer science department.

Retired UW-Madison computer scientist David DeWitt will direct the lab in downtown Madison, the company announced Wednesday. DeWitt is considered one of the world leaders in database research, and the lab will focus on developing database systems.

The lab is expected to open with six full-time employees, but Dewitt said he would like it to grow to 10 or 20 scientists in coming years.

Microsoft deal ‘a great win for UW’

Capital Times

Ask Guri Sohi why Microsoft, the world’s largest computer software company, is opening a lab on West Main Street, and the chair of the UW-Madison computer science department slowly shakes his head from side to side as a wry grin creases across his face.

To him, the answer is obvious.

“The high-tech companies don’t go where all the different incentives are,” Sohi states matter-of-factly. “They go where the talent and the brains are. And that’s why Microsoft is coming here.”