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Category: Business/Technology

Condos proposed near UW

Wisconsin State Journal

A developer is proposing a 12-story, mixed-use project that would include, for the first time, condominiums near UW-Madison.
The project also would include retail, restaurants and a health club.

My prof makes more than yours

Daily Cardinal

Answers to a few campus financial misconceptions

The typical university student is surrounded by financial jargon and buzzwords as they maneuver through his or her college years. By the end of four years, students know that professors are paid obscenely high salaries, parking costs are impossible and segregated fees are why we all have to eat Ramen. All these topics sound familiar enough, but upon further investigation, the average student�s knowledge about the actual facts surrounding these issues is minimal at best.

Governor unveils $80M push for renewable energy

Capital Times

Gov. Jim Doyle was set to announce a plan today to invest $80 million in state funds in an effort to encourage the development and use of renewable energy.

The governor says the state money would help leverage an additional $370 million in private investment and put the state at the forefront of the national movement to find alternative sources of fuel.

The plan includes a $50 million fund to give loans to companies expanding their use and production of renewable fuels and energy, tax credits to prod more gas stations to add ethanol-based gasoline and millions of dollars in grants for energy researchers.

Credit Union head aims to serve

Wisconsin State Journal

During the height of the Depression with many bank and business failures, a half dozen UW-Madison professors started a credit union to serve the university faculty. In two years, the institution had 88 members and $2,500 in assets.

Choice of governor could affect research complex

Wisconsin State Journal

As voters select a governor this November, architects will be drafting plans for the Wisconsin Institutes for Discovery, a $150 million research complex at UW-Madison.
The public-private complex, to expand research on stem cells and related fields, will be built whether or not Republican Mark Green defeats Democratic Gov. Jim Doyle, organizers say. It is to open in late 2009 in the 1300 block of University Avenue.

Editorial: Fund the biomedical alliance

Milwaukee Journal Sentinel

Gov. Jim Doyle promised once again this week to propose the state spend $2.5 million for biomedical research in southeastern Wisconsin. Now, what about the Legislature?

Whoever is elected governor this fall should push to fund this key initiative for southeastern Wisconsin in the next state budget, and the Legislature should set aside stem cell politics and approve it without the strings that some legislators will undoubtedly want to attach.

New biotech rankings issued

Inside Higher Education

The Milken Institute, an economic think tank, has issued a series of
new rankings of universities on biotechnology publications, patents and technology transfer. In biotechnology research, Harvard University leads the way, followed by the University of Tokyo and the University of London. California universities hold 5 of the top 25 slots, and British and Japanese univeristies hold 3 each.

Read the report here: http://www.milkeninstitute.org/publications/m2m.html

UW is ninth in biotech patents

Wisconsin State Journal

The University of Wisconsin System ranks among the top 10 universities worldwide in biotechnology patents but falls behind several other Big Ten universities in transferring that technology to commercial uses, according to a study released today by the Milken Institute of Santa Monica, Calif.

Learn to Lead

Wisconsin State Journal

When Jen Zaidel graduates from UW-Madison next summer, she hopes to be armed with more than just a degree in marketing.
The 21-year-old New Berlin native also hopes she knows more about being a leader. And, when she gets a job, Zaidel knows she needs to be prepared if – or more likely when – she’s faced with an ethical dilemma.

That’s why Zaidel is part of a group of students working with active and retired senior executives of Accenture, a global management consulting firm, to develop a leadership program at the UW-Madison School of Business.

Research Park’s big impact

Capital Times

University Research Park supports 9,100 jobs and contributes more than $680 million annually to Wisconsin’s economy, according to a new study.

North Star Economics Inc. said its study found that the 114 companies in the 255-acre west side park employ 4,155 people with a total payroll of more than $260 million, based on an average salary of $62,000 a year. More than $170 million of the payroll remains in the state after federal tax deductions and other non-local spending is taken into account.

Pandemic forum to help businesses prepare

Capital Times

How prepared is your organization or business if a pandemic strikes Madison? Unlike a natural disaster, a pandemic, or worldwide outbreak of disease, affects “human capital,” by toppling people instead of the bricks and mortar destroyed by tornadoes or other disasters.

Concerns about the avian flu have grabbed headlines worldwide, but local organizers say it’s not the sole inspiration for a one-day forum, “Surviving the Pandemic,” at the Alliant Energy Center Exhibition Hall Oct. 12.

(Several UW-Madison experts are among the featured speakers.)

Hospital bills are on the rise again

Capital Times

Higher costs at the hospital If you think hospital bills are rising, you’re right.

Figures from the Wisconsin Hospital Association show that rates have risen sharply at Madison-area hospitals, between 5.8 and 9.9 percent this year, while the state average was a 5.8 percent jump for this year and the same in 2005.

And further health insurance cost increases probably aren’t far behind.

Editorial: Make the most of M2

Milwaukee Journal Sentinel

The mayors of Milwaukee and Madison – Tom Barrett and Dave Cieslewicz – got together for their second joint speaking engagement last week to emphasize the benefits of collaboration. They call it the M2 Collaborative.

We’re glad they’re talking. But if the Tom and Dave Show is to be something more than that, the two mayors need to set some concrete, measurable goals.

Doyle, Green debate tonight in Waukesha

Capital Times

Both major party candidates for governor are keenly aware that in this hotly contested race, the oft-used political cliche – “It’s the economy, stupid” – was never more on target.

So much so that the debate tonight in Waukesha between Democratic Gov. Jim Doyle and Republican challenger Mark Green will focus exclusively on the economy and taxes.

Hot-button social issues, like stem cell research and abortion, will have to wait. A second debate, set for Oct. 20 in La Crosse, will focus on quality of life issues.

Editorial: Demand for skilled labor must be met (Sheboygan Press)

We’re glad to see the rebound of manufacturing jobs in Wisconsin, but were troubled that many employers are still having difficulty filling these high-paying positions.

The Center on Wisconsin Strategy, a research and policy center based at the University of Wisconsin-Madison, reports that Wisconsin’s economy, private-sector job growth, wages and personal income are all on the rise.

Extending a hand

Milwaukee Journal Sentinel

Better highways and high-speed rail, more university research dollars and stronger ties between Milwaukee and Madison are needed to build an economic dynamo in southern Wisconsin that competes with other regions throughout the world, political and business leaders said Monday.

It’s not easy to import talent

Wisconsin State Journal

Ana Garic-Stankovic is far from the stereotype of an unskilled worker who sneaks illegally across the border into the United States.
A researcher at UW-Madison’s department of nutritional sciences, she came here legally from Macedonia, and she and her husband overcame several hurdles to stay and become U.S. citizens.

Badger State biotech industry reaching ‘critical mass’

www.wisbusiness.com

Two announcements this week bode well for the Dane County and Wisconsin biotech communities.

One is the news that an Illinois life sciences company will be moving to Madison. The other is that a fledgling venture capital fund ââ?¬â?? backed by
Boston financiers – will be investing in startup life sciences and information technology companies in Wisconsin and other Midwestern states.

Biotech support pays dividends

Wisconsin State Journal

Is Dane County really becoming nationally known as a hotbed for biotechnology, with the potential to generate jobs and income for Wisconsin as well as medical advancements for mankind?
Are the millions of dollars of state investment in biological sciences at UW-Madison really paying off?

Is there really economic development potential in a Madison-to-Milwaukee-to-Chicago triangle of regional cooperation?

Wisconsin policymakers should take note: This week produced more evidence that the answers to those three questions are yes, yes and yes.

UW an impetus for reform in Sudan

Daily Cardinal

The UW System Board of Regents voted Aug. 18 to take away all university funds from companies ââ?¬Å?that support or abet acts of genocideââ?¬Â in Sudan, in response to the three-and-a-half-year conflict between Arab and African Muslims in Darfur.

The good, bad and gotta get better

Wisconsin State Journal

We’re finally luring more venture capital for startup businesses and entrepreneurs. Our large manufacturing base, for the most part, is changing with the times and embracing technology.

Wisconsin also has a blossoming bio-science sector, thanks in large part to dynamic research at UW- Madison, which needs stronger support from state leaders.

Special pets, special care: Acute care vet clinic expands to new location

Capital Times

When it comes to ailing dogs and cats, Oregon Veterinary Clinic can handle just about anything, from surgical repair of cruciate ligaments to cancer treatment. But there are some cases that prompt the clinic to refer clients to specialists.

Co-owner Dr. Jim Stevenson said the clinic sometimes refers clients to the UW School of Veterinary Medicine or to traveling specialists, but the preference is Veterinary Specialty Options (VSO) of Madison.

….Dr. Dave Edinger started the business in 1999 as Surgical Options, working as a traveling specialist after he completed his residency at UW.

Dave Zweifel: Ideology blinds lawmaker to big picture

Capital Times

A strange lot, these new-style Republicans who run the Wisconsin Legislature.

Last week when Rob Carpick, one of the UW-Madison’s stars who has brought more than $3.4 million in research grants to the university, announced he was leaving because of the state’s refusal to offer health insurance for his domestic partner, the co-chairman of the Joint Finance Committee, Rep. Dean Kaufert, proclaimed there is nothing to worry about.

…this breed of Wisconsin legislator has never been able to come to grips with just how much of an economic engine the University of Wisconsin is for our state.

On the cutting edge

Milwaukee Journal Sentinel

Thirty years ago, Nick Seay moved here – to a city he had never seen – and joined a handful of patent lawyers working in this relatively small university town.

Today, Seay is one of more than 80 registered patent lawyers in Madison and is a key player in the commercialization of embryonic stem cells, one of the most cutting-edge scientific technologies on the globe.

It was Seay who wrote the potentially lucrative patents that were filed after University of Wisconsin-Madison scientist James Thomson in 1998 became the first person to isolate human embryonic stem cells.

UW Economic Outlook speakers set

Capital Times

The UW-Madison School of Business will hold its semi-annual Economic Outlook on Sept. 15 at the Fluno Center.

The event brings in leading economists to speak on topics such as interest rates, oil prices, federal budget deficits and the relative strength of the dollar, helping business leaders and owners translate economic trends into competitive intelligence.

UW Hospital workers get classes – and confidence

Wisconsin State Journal

Confidence – it’s one of the many things that Jame Winn says she gained by being in UW Hospital School at Work (SAW) program.
SAW is designed to help employees working in entry-level positions at UW Hospital develop skills to further their healthcare careers.

It is one of the programs offered through UW Hospital’s Academy, which provides employees with training in leadership, management and career and personal development.

Editorial: Primed to fuel the economy

Milwaukee Journal Sentinel

When you think about economic development, a medical school is probably not the first thing that crosses the mind. But consider the lucrative economic spinoff in Dane County from the cutting-edge research at the University of Wisconsin-Madison’s medical school.

Local biotech gains $2.45 million in funding

Capital Times

Primorigen Biosciences LLC, a fledgling Madison-based company that is developing laboratory tools for analysis of cellular reprogramming and differentiation, has raised $2.45 million in funding, the Wisconsin Technology Network reported.

(The company is located in the MG&E Innovation Center in University Research Park.)

Conklin: Fake Memorial Union in Canadian locale?

Wisconsin State Journal

It’s possible “The Madison Kid” movie may be shot somewhere other than Madison. Adding insult, it is likely to be renamed.

The script, optioned by Beacon Pictures, tells the story of Phil Hellmuth Jr., the Madison native turned international poker star. The new name may be “Poker Brat,” based on Hellmuth’s well-known moniker. (He told me earlier this year that Madison Kid is his “second-favorite nickname after Poker Brat.”)

Historic Madison: UBS ’70s move a challenge

Capital Times

In 1970, the UW chancellor informed the University Book Store that its lease would not be renewed. The library wanted the space for its expansion.

The Memorial Library had initially been built around the store in the 1950s without infringing on the bookstore’s space.

One factory’s story is the state’s, too

Milwaukee Journal Sentinel

The high-tech and biotech firms being developed around the University of Wisconsin-Madison “aren’t enough to overwhelm the larger economy that was already in place and was growing more slowly,” agreed William A. Testa, senior economist at the Federal Reserve Bank of Chicago, which serves most of Wisconsin.

Biotech start-up raises cash

Milwaukee Journal Sentinel

Primorigen Biosciences LLC, a Madison biotech start-up company, has raised $2.45 million in a first round of financing.

Primorigen’s president is Chuck Oehler, who also held executive positions at Promega and other biotech firms, and was president and consulting executive director of the Wisconsin Biotechnology Association during a period of rapid growth.

His firm, the Oehler Group, has helped start-ups and other companies raise about $30 million, according to his biography on the Web site for the University of Wisconsin-Madison business school, where he serves on the entrepreneurship program’s advisory board.

Ronald Kalil: Arboretum plan hits all bases

Capital Times

Dear Editor: I am writing to commend letter writer Matthew McNamara for his thoughtful comments regarding the efforts by many to protect the UW Arboretum from for-profit development.

In his letter, he raises several questions and makes a strong appeal that the drive to preserve the UW Arboretum rely on “credible arguments based on facts.” I’d like to assure him that this is exactly how the “Protect the Arboretum” campaign is proceeding.

Last dance

Capital Times

The drums pounding in any open field the city has to offer, the sound of horns bouncing off downtown buildings, buses clogging traffic around Camp Randall Stadium.

Store those sights and sounds in your head, because Drum Corps International’s World Championships won’t be back for a while. This week, DCI announced it was moving its permanent headquarters to Indianapolis and taking the championships with it beginning in 2008.

University Chooses Interim Director For New Institutes

Wisconsin State Journal

A veteran researcher and administrator will serve as interim director for the planned $150 million Wisconsin Institutes for Discovery, UW-Madison announced Tuesday.
As interim director, Marsha Mailick Seltzer will play a key role in developing the concept for the research institutes the university hopes will be world-class. She is currently the director of UW-Madison’s Waisman Center and a scholar of developmental disabilities.

UW report urges better job training

Capital Times

A new report from a UW-Madison think tank warns that most residents in southern Wisconsin will never earn four-year college degrees and says economic development efforts must reflect that reality.

The report from the Center on Wisconsin Strategy (COWS) released Wednesday found that in Dane County over 59 percent of the population does not have a four-year degree. That number increases to 84 percent for the other 11 counties of southwestern and south central Wisconsin included in the report.

UW: Plan for the degreeless

Wisconsin State Journal

If you think the Madison area is brimming with Ph.D.’s and multidegreed college graduates, think again.
A report released Wednesday says the majority of Dane County’s population – more than 59 percent – does not have a four-year college degree, nor does 84 percent of southwest and south-central Wisconsin.

NimbleGen Systems’ hire a first step into stock market

Wisconsin State Journal

NimbleGen Systems, a Madison biotech company with a new way of making gene chips, has hired a chief financial officer with some Wall Street experience and a Harvard MBA.
The move is viewed as a prelude to filing an application – possibly by the end of the year – to trade NimbleGen’s shares on the stock market. Nimblegen is a UW-Madison spinoff company.

UW programs on Charter VOD

Capital Times

Subscribers to Charter Digital Cable now have video on demand access to UW-Madison programming on ResearchChannel.

The free service, which began July 1, enables Charter digital customers to see UW-Madison programming that includes lectures, forums, research reports and other research programs at any time.

Economic booster is off and running

Wisconsin State Journal

A man in New York once drew attention and job bites by walking the sidewalks wearing a sandwich board with his resume on it.
His example highlights the powers of vision and promotion — traits the Collaboration Council is harnessing to draw companies and good-paying jobs to south-central Wisconsin.

In just a few months, the council has raised more than $1 million from dozens of private businesses to help create a regional economic development corporation.

Drumming up $$: DCI brings big boost for city economy

Capital Times

Drums will be beating and cash registers will be ringing in Madison next week.

About 35,000 people are expected to hit town for the 2006 Drum Corps International World Championships Tuesday through Saturday, according to the Greater Madison Convention & Visitors Bureau. That will result in an estimated $3.3 million in direct spending in the area.

Editorial: Halloween planning

Capital Times

How Madison manages Halloween is a big deal.

Drawing crowds of 75,000 or more to State Street on the final weekend of October, Halloween partying is big business packing Madison area hotels, restaurants and taverns to capacity and big fun for the most part.

But the city has never quite gotten a handle on the underside of the festivities: deadly drunkenness, violence and crowd control nightmares. As a result, the cost of policing the party has risen to over $600,000 annually.

A lot of Madisonians would be just as happy if the party was canceled. But that’s not going to happen…

UW marketing profs honored

Capital Times

Marketing professors at the UW-Madison School of Business have been racking up national honors.

As of this fall, four of the faculty members will serve on the editorial review board for the Journal of Marketing, the leading scholarly journal in the field. Only a handful of marketing programs in the country will have as many representatives on the board.

Pols push alternative to power line

Capital Times

Sixteen elected leaders from Madison and Dane County are asking American Transmission Co. to consider using new technology to boost power on existing high-voltage lines instead of building controversial new lines across the southern half of the county.

….ATC has proposed three routes for a 345-kilovolt line, the north route along the Beltline, the central route through Fitchburg and Verona and the southern route through towns from Christiana to Montrose.