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The Wisconsin Technology Council News Room provides news about the Tech Council, its subsidiaries and affiliates, and their efforts to assist in the development, growth and success of technology-based businesses in Wisconsin.

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JSOnline: Wisconsin's venture capital total nearly doubles

October 17, 2014

Wisconsin companies have raised almost twice as much venture capital so far this year than in all of 2013, according to a national report released Friday.

Inside Wis: Venture capital is a roller-coaster, and Wisconsin is along for the ride

October 17, 2014

The good news: Venture capital dollars invested in Wisconsin through the first three-quarters of 2014 is already double all venture investments last year, and the number of deals is approaching an all-time annual high for the state.

The sobering news: Wisconsin still lags 23 other states in deals reported during the third quarter of 2014, and falls behind 25 states in total dollars invested during those three months.

Merit-based R&D grant winners to be honored Nov. 12 at Early Stage Symposium

October 16, 2014

About three-dozen Wisconsin winners of $77 million in federal research grants in the most recent reporting period will be honored during an opening-day luncheon at the 2014 Wisconsin Early Stage Symposium.

Deltanoid's DP001 demonstrated safe, effective in kidney failure patients on dialysis

October 15, 2014

Deltanoid Pharmaceuticals announces the successful completion of a phase 2B clinical trial for its lead experimental drug DP001 for the treatment of secondary hyperparathyroidism in patients with chronic kidney disease receiving hemodialysis.

Latest 'WisBiz: The Show' features Jim Laudon of Google Madison

October 15, 2014

On the latest episode of "WisBusiness: The Show," Jim Laudon, site director of Google Madison, talks with Liz Schrum about the interest Google has in the region; Tom Still explains why reduced federal investment in academic research is a worrisome trend; and the WisBusiness.com Stock Report covers water technology and cyber-security.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Shine Medical signs $125 million term sheet

October 10, 2014

SHINE Medical Technologies, Inc. (SHINE) announced today that it executed a term sheet providing for up to $125 million of debt and equity financing with Deerfield Management Company, L.P. (Deerfield), a New York headquartered healthcare investment firm. SHINE plans to build a new manufacturing plant in Wisconsin to produce more than a quarter of world supply of the most commonly-used isotope in nuclear medicine, molybdenum-99 (moly-99).

Inside Wis: Solving Wisconsin’s startup puzzle – one piece at a time

October 10, 2014

During his “Rise of the Rest” tour stop in Madison, venture capitalist and AOL.com founder Steve Case said Wisconsin’s capital city would rank among the top 20 communities for startups in the United States — “barely” — and if entrepreneurs continue to work hard, it could be among the top 10 within a decade.

State Journal: EatStreet funding reaches $10 million

October 8, 2014

EatStreet, a Madison company that lets consumers order food online or through mobile devices, has finalized an additional $4 million in funding. Added to the $6 million the company closed on in April, Eat Street has raised a total of $10 million from investors so far this year. New investors include the State of Wisconsin Investment Board (SWIB) and 4490 Ventures, a new early-stage venture fund formed by SWIB and the Wisconsin Alumni Research Foundation.

State Journal: SoLoMo Technology takes home $100,000 Rise of the Rest jackpot

October 8, 2014

SoLoMo Technology — a Madison company that describes itself as “Google analytics for the physical world” — won a pitch competition at the Majestic Theatre on Monday night and a $100,000 check from AOL cofounder Steve Case and his Rise of the Rest Road Tour.

State Journal: Phoenix Nuclear Labs receives $3 million Army contract

October 8, 2014

Phoenix Nuclear Labs will build an advanced neutron imaging system for the U.S. Army, to be used for inspecting ammunition and other defense tools.

State Journal: Madison startup activity bucking alleged decline? Let's hope so

October 8, 2014

It can appear from the local news that every week brings a new business plan contest, venture capital investment or “accelerator” organization aimed at helping startups succeed.

Maybe it all reflects an economy on the verge of explosive, tech-sector-fueled growth. Or maybe it reflects a prodigious capacity for wishful thinking.

Madison Startups: SOLOMO wins Madison’s Rise of the Rest

October 7, 2014

In a pitch battle between nine different area startups, Tech Council board member Liz Eversoll and SOLOMO Technology were victorious in the Rise of the Rest competition held Monday evening at the Majestic Theatre.

JSOnline: Beloit-based Comply365 raises $12 million in venture funding

October 7, 2014

Comply365 LLC, a Beloit maker of communications technology for airlines and other regulated industries, has raised $12 million in a funding round led by Drive Capital, an Ohio-based firm led by two Silicon Valley veterans.

Building the ‘I-Q Corridor’: Academic R&D assets theme of Nov. 13 ESS talk

October 7, 2014

Leaders of three of Wisconsin’s leading academic institutions will discuss how research partnerships are driving innovation and economic growth during a Nov. 13 opening panel discussion at the 2014 Wisconsin Early Stage Symposium.

Still in JSOnline: Building a workforce for the digital age includes cybersecurity

October 6, 2014

Wisconsin is behind the curve in producing, attracting and retaining the kind of cybersecurity talent needed by companies and institutions of all sizes.

Inside Wis: Stagnant federal spending on R&D could lead to big problems later

October 3, 2014

Yoshi Kawaoka is known worldwide for his work on avian influenza viruses, the likes of which wiped out 40 million people in 1918. This talented UW-Madison researcher has also spent time studying strains of the Ebola virus, which has now found its way to the United States from West Africa, where thousands have died from its devastating effects. Trouble is, Kawaoka’s Ebola research is largely in the past tense because federal funding for the project ran out just as some promising results were reported.

SBA announces four new Regional Innovation Cluster Awards

October 3, 2014

U.S. Small Business Administration Administrator Maria Contreras-Sweet has announced the SBA’s support of four new Regional Innovation Clusters, adding to its portfolio of high-performing regional innovation networks across the country.

Virent hires Edgar Steenwinkel to lead technology development efforts

October 2, 2014

Virent has announced the appointment of Edgar Steenwinkel as the company’s Vice President of Research and Development. Steenwinkel will lead technology development efforts of Virent’s BioForming® platform in preparation of commercialization of its biofuel and biobased chemicals.

Story of Exact Sciences move, rebirth to be told at Early Stage Symposium

September 30, 2014

Five years ago, Exact Sciences seemed on its way to becoming an expensive biotech failure in Boston. Today, it’s a Wisconsin success story and poised to change how patients and medical professionals everywhere go about detecting colorectal cancer.

Chief Executive Officer Kevin Conroy and Chief Operating Officer Maneesh Arora, who moved the company from Massachusetts to Wisconsin in 2009, will tell the story of the company’s rebound and growth Wednesday, Nov. 12, the opening day of the 2014 Wisconsin Early Stage Symposium at Madison’s Monona Terrace Convention Center.

UWM Research Foundation announces nine new Catalyst Grants

September 29, 2014

Nine new research projects, including developments for a new cancer therapy and a high-power density battery to continue medical operations during power outages, have received Catalyst Grant funding from the UWM Research Foundation.

State Journal: Sun Prairie product design firm tripling its space, expanding services

September 29, 2014

Betting in large part on the booming biotech sector, engineering design firm InForm Product Development will spend $2.8 million to dramatically expand its footprint in Sun Prairie and nearly double its workforce, enabling new services including niche manufacturing for customers in the bioscience and lab equipment fields.

JSOnline: Biggest job sectors, state by state

September 29, 2014

Wisconsin stands out as one of few states where manufacturing has remained the biggest employer. Although average wages among the state’s manufacturers are far higher than wages in the other three sectors, data analyzed by the Journal Sentinel show that Wisconsin retained at least a share of its manufacturing jobs by keeping wages under pressure.

Inside Wis: History of venture conference reflects growth of state’s tech sector

September 26, 2014

Along with 11 other companies, mostly in their early stages, Promega was one of the first presenters in a conference format that has endured in various forms since 1984. Known the past 10 years as the Wisconsin Early Stage Symposium, it was previously the Madison Venture Fair, the Wisconsin Venture Fair, the Wisconsin Venture Conference and the Wisconsin Life Sciences Venture Conference. By whatever name, the annual match-making event has introduced up-and-coming companies to prospective investors and contributed to Wisconsin’s high-growth economy.

Isthmus: You want jobs, Wisconsin? They're in tech, stupid!

September 25, 2014

At lunchtime on March 18, Rachel Keranen walked the two blocks from the Bendyworks office at 106 E. Doty St. to the Madison Club, the traditional gathering spot of Madison powerbrokers for 100-plus years.

SBIR Advance grant-matching program recipients announced

September 25, 2014

Seven Wisconsin small high-tech businesses each will receive a $75,000 grant to commercialize their innovations—the first recipients of the SBIR Advance program, a collaboration between the Wisconsin Economic Development Corporation (WEDC) and the UW-Extension Center for Technology Commercialization (CTC).

Latest 'WisBiz: The Show' features Ralph Kauten of Quintessence Biosciences

September 25, 2014

On the latest episode of "WisBusiness: The Show," Tom Still discusses breakthroughs and trends in the field of medical devices; Liz Schrum speaks with Quintessence Biosciences CEO Ralph Kauten about his varied entrepreneurial endeavors and the upcoming Early Stage Symposium; and the WisBusiness.com Stock Report covers agriculture and real estate.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee

JSOnline: MobCraft Beer becomes first to use state's crowdfunding law

September 24, 2014

Equity crowdfunding got off the ground in Wisconsin Wednesday, as Madison's MobCraft Beer announced an agreement with a bank to help with the state's first deal using the new investment vehicle.

WIN-Madison looks at how women entrepreneurs are raising funds

September 24, 2014

Three women who have been successful entrepreneurs or investors agreed Tuesday that Wisconsin still has a long way to go before enough women are engaged in startup companies, especially high-growth, scalable companies.

Join history of success by pitching at Wisconsin Early Stage Symposium

September 23, 2014

Leaders of emerging companies can apply through 5 p.m. Friday, Sept. 26 to pitch their venture during the 2014 Wisconsin Early Stage Symposium, to be held Nov. 12-13 at Madison’s Monona Terrace Convention Center.

Still in JSOnline: New UWM school foments 'revolution' in freshwater technologies

September 22, 2014

Opened in mid-September with tours, science demonstrations and a community celebration, the University of Wisconsin-Milwaukee's School of Freshwater Sciences represents the continued development of Milwaukee's water cluster. It also symbolizes the potential for economic growth, jobs and revitalization that can flow from partnerships that apply high-end research to solving real-world problems.

Inside Wis: As health care evolves, so does need for smarter, cost-effective tools

September 19, 2014

Envisioning, designing and manufacturing medical devices – which range from robots to sensors, and from surgical instruments to software that allows devices to communicate with one another – was the topic of a recent conference in Chicago.

Echometrix awarded key ultrasound patent

September 19, 2014

Echometrix, LLC announced that the U.S. Patent and Trademark Office (PTO) awarded the company Patent No. 8,840,555 on ultrasound technology for the dynamic functional analysis of injured and healing tissues.  The company’s Echosoft product line centers on the use of ultrasound to provide functional information about soft tissues as an alternative to other more expensive and less portable medical imaging modalities like MRI. 

JSOnline: Bioscience trade group BioForward names new CEO

September 18, 2014

BioForward, a trade organization for Wisconsin's bioscience industry, said Wednesday it has hired Laura Bray as its new chief executive officer.

BizJournal: Beloit toymaker Patch Products acquired by private equity firm

September 18, 2014

Patch Products LLC, a Beloit game manufacturer and distributor, has been acquired by New York City-area private equity firm Topspin Partners for an undisclosed amount.

Journal Sentinel: Madison organization providing grants for start-ups

September 15, 2014

Madworks at Campus, a Madison organization, will provide grants of as much as $4,000 to start-ups in its fall program.

Xconomy: UW’s Blank on tech transfer, bridging the Milwaukee-Madison divide

September 12, 2014

Head of the Wisconsin’s flagship university, University of Wisconsin-Madison chancellor Rebecca Blank, spoke to a group of Milwaukee-area business leaders and investors about how she wants to find more ways for companies and educational institutions in Milwaukee and Madison to work together.

Inside Wis: Multiple centers for research will help state’s high-growth economy

September 12, 2014

The UW-Madison is one of the nation’s leading research universities by several measures – dollars invested, patents produced and ideas licensed or otherwise transferred to the market – but it was Wisconsin’s only academic R&D center for more than 100 years. However, the past decade or so has brought change.

Latest 'WisBusiness: The Show' features Vicki Elkin of Fund for Lake Michigan

September 10, 2014

On the latest episode of "WisBusiness: The Show," Liz Schrum speaks with Vicki Elkin, executive director of the Fund for Lake Michigan, about how the business of water benefits the state's economy; Tom Still looks at how Wisconsin's economy could benefit from following Colorado's business practices; and the WisBusiness.com Stock Report showcases hiring and mining.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.  

Still in JSOnline: Colorado offers economic growth lessons for Wisconsin

September 9, 2014

While Wisconsin can't offer mountain vistas, the story of Colorado's economic performance offers some potential lessons for the Badger State — as well as affirmation of trends already underway.

Emerging companies may apply to present at Nov. 12-13 Early Stage Symposium

September 9, 2014

The planners of the Wisconsin Early Stage Symposium, a two-day event that has been connecting innovation and investment for three decades, are looking for innovative early stage companies from Wisconsin and other Midwest states to present in November at Madison’s Monona Terrace.

JSOnline: Imbed Biosciences raises $683,000 in funding round

September 5, 2014

Imbed Biosciences Inc., a Madison company with a novel biomaterials platform for wound dressings and surgical implants, has raised $683,000 of a planned $1 million funding round, according to filings with federal securities regulators. Imbed Biosciences won second place in the 2012 Wisconsin Governor's Business Plan Contest's Life Sciences category.

Inside Wis: Foreign direct investment plays growing role in Wisconsin’s economy

September 5, 2014

Exports and foreign direct investments are flip sides of the same coin. They represent Wisconsin’s ability to build, produce and grow what the world needs – and to attract investment from other markets that understand Wisconsin’s strengths

Propeller Health raises $14.5M Series B financing led by Safeguard Scientifics

September 4, 2014

Propeller Health, the FDA-cleared digital health solution for chronic respiratory disease, announced that it raised $14.5 million in Series B financing, led by Safeguard Scientifics (NYSE:SFE) with participation from Series A investor The Social+Capital Partnership. Propeller Health will use the funding to accelerate product development, strategic alliances, client services, sales and marketing.

BrightStar Wisconsin announces formation of partnership with Gener8tor

September 4, 2014

BrightStar Wisconsin Foundation Inc. has announced the formation of a partnership agreement with gener8tor, a Milwaukee- and Madison-based business accelerator that invests in technology-enabled, rapidly scalable, early stage companies. BrightStar has made a commitment to invest $50,000 in each company that comes out of the bi-annual gener8tor accelerator program that meets BrightStar’s mission and main investment criteria, creating high-quality jobs in Wisconsin. The most recent class had five participants that were picked from nearly 400 applicants.

Shine Medical secures $2.4M of investment

September 4, 2014

SHINE Medical Technologies , Inc. (SHINE), a Wisconsin - based company dedicated to being the world leader in the safe, clean, affordable production of medical isotopes, announced that it closed a $2.4 million financing.

Morgridge launches microfluidics foundry

September 2, 2014

The Morgridge Institute Medical Engineering team, responding to increased UW-Madison demand for microfluidics resources, has launched a new microfluidics foundry to build customized tools that bring biology down to the smallest possible scale. The Advanced Fabrication Laboratory has a suite of new machines that can mold, emboss and etch polymer micro-channels and create the precise surface properties required in microfluidics devices.

Madison Startups: 11 more recipients of Ideadvance Fund

September 2, 2014

The Wisconsin Economic Development Corp. and the Center for Technology Commercialization announced recently that 11 additional grantees from UW faculty, staff and student teams have been selected to receive up to $25,000 each through the Ideadvance Seed Fund, bringing the total to 23 teams receiving grants.

Emerging companies may apply to present at Nov. 12-13 Early Stage Symposium

August 29, 2014

Apply to pitch your company to the most active investors in the Midwest at the annual Wisconsin Early Stage Symposium, being held Nov. 12-13 at Madison’s Monona Terrace. Many companies have cited their presentations at the conference as a key factor for getting funding and growing their business.

JSOnline: Doyenne Group plans to raise $500,000, start angel fund

August 29, 2014

The Doyenne Group, a Madison nonprofit that provides mentoring and networking for high growth potential, women-owned companies, plans to raise $500,000, part of which will be used to start an angel investment fund.

Inside Wis: Biotech back in favor? Not entirely, but funding drought may be ending

August 29, 2014
For much of the Great Recession and beyond, biotechnology was out of favor among angel and venture capitalists. Software and Internet deals became the shiny object for investors who wanted faster returns with fewer dollars risked.

Latest 'WisBusiness: The Show' features Morna Foy of Wis. Tech College System

August 28, 2014

On the latest episode of "WisBusiness: The Show," Liz Schrum speaks with Wisconsin Technical College System President Morna Foy about the role of technical colleges in the Wisconsin economy; Tom Still discusses the ever-improving environment for startups in Wisconsin; and the WisBusiness.com Stock Report covers cranberries and local businesses.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

JSOnline: Biotech companies land funding

August 28, 2014

Two Madison-area biotech companies — Intuitive Biosciences Inc. and Stealth Therapeutics Inc. — each have raised nearly $500,000 of funding, according to filings with federal securities regulators.

JSOnline: Unique provision in Wisconsin law puts brakes on crowdfunding

August 27, 2014

Equity crowdfunding is off to a slow start in Wisconsin, with few businesses moving to use the new investment vehicle, and banks seemingly cautious about getting involved. Other states have traveled a similar path, but Wisconsin's road contains a speed bump found nowhere else: The financial institution that holds investors' money during a crowdfunding campaign must be state chartered.

JSOnline: Gener8tor has notable success nurturing start-ups

August 27, 2014

Gener8tor, a for-profit group formed in 2012, has put 23 start-ups through its training program. Those companies have gone on to create 118 jobs and raise, often with gener8tor's help, more than $20 million of capital. Gener8tor ranks in the top 30 out of 220 accelerators in the world in terms of the average dollar amount that portfolio companies have raised, according to Seed-DB, a database of all known seed accelerators.

WisBusiness: UW flu researcher details global implications of his work

August 27, 2014

Yoshihiro Kawaoka, a UW-Madison researcher whose work with dangerous influenza strains made headlines this summer, says his work is not only extremely safe, but also has important implications for global health. Kawaoka’s research has led him to create versions of already-known avian influenza viruses that would have the potential to become global pandemics if released into the general population, he told his audience at the monthly Wisconsin Innovation Network luncheon in Madison.

JSOnline: Wisconsin Innovation Awards honor 10 winners

August 27, 2014

Ten winners, ranging from a mobile law clinic to a device that detects infections using a breath sample, were named at the inaugural Wisconsin Innovation Awards ceremony Aug. 26.

Still in JSOnline: Wisconsin's 'gazelle' start-up population making gains

August 25, 2014

Wisconsin is often dinged for being a state with relatively low numbers of start-up companies, which is true given the mix of start-up flavors that are counted in such surveys — from mom-and-pop stores to lifestyle businesses to the "gazelles" that aspire to land angel and venture capital.

If the measure is focused on fast-growing gazelles, however, there are indications that Wisconsin is turning the corner on producing the kind of companies that attract investors and produce significant numbers of jobs.

JSOnline: Mayo Clinic to offer Exact Sciences colon cancer screening test

August 25, 2014

Exact Sciences Corp. said Aug. 25 that Mayo Clinic will be the first health system to offer the company's non-invasive, DNA-based colon cancer screening test.

JSOnline: Milwaukee's academic institutions explore creating nonprofit center

August 22, 2014

Leaders from 20 of the region's academic institutions met at Marquette University Thursday to explore the idea of a nonprofit center near downtown Milwaukee that could help their students build start-ups and partnerships with industry. The project will begin with a pilot program in November, with a goal of launching the entire program next summer, said Matt Cordio, co-founder of Startup Milwaukee, which is running the initiative with Innovation in Milwaukee, or MiKE, a project of the Greater Milwaukee Committee.

Marshfield Clinic Health System names Susan Turney as first CEO

August 22, 2014

The Marshfield Clinic Health System Board of Directors has named Susan L. Turney, MD, MS, FACP, FACMPE, as the Health System's first chief executive officer (CEO). Turney, who will assume the new role September 1, has resigned her position as President & CEO of the Englewood, Colo.-based Medical Group Management Association (MGMA).

University spinoff aims to hit the mark precisely with brain-scanning tool

August 22, 2014
To bring the full promise of MR into the operating room, Walter Block, professor of biomedical engineering at UW-Madison, has formed a company called InseRT MRI to develop software that allows surgeons to observe the brain in real time on an MR machine during surgery.

Madison Startups: Techstars Patriot Boot Camp comes to Wisconsin

August 22, 2014

Techstars announced this week the next Patriot Boot Camp event will take place Sept. 26-28 in Madison, expanding from annual events in Washington, D.C., and New York City to regional events.

BizWire: Advanced Cooling Therapy closes $1.5M for esophageal cooling device

August 22, 2014

Chicago-based emerging medical device firm Advanced Cooling Therapy (ACT) has closed a $1.5 million Series A financing round to support the full commercial launch of its first product, the Esophageal Cooling Device (ECD) to control patient temperature. ACT was a presenter in the WAN Investors' Track at the 2013 Early Stage Symposium.

Inside Wis: Campaign for governor may hinge on new answers to old question

August 22, 2014

The race for governor in Wisconsin may come down to how voters answer similar “are you better off?” questions from Republican Scott Walker, who was elected in 2010 and who weathered a recall challenge less than two years later, or Democrat Mary Burke, his challenger in an apparently tight race.

Journal Sentinel: UWM's Student Startup Challenge selects 10 winners

August 21, 2014

Ten student teams have been chosen by the University of Wisconsin-Milwaukee to receive a total of about $70,000 in cash and services, along with support for turning their ideas into products or businesses.

Journal Sentinel: UW Extension Ideadvance grants aim to make ideas into products

August 21, 2014

An infant sleep pod, aimed at reducing the number of infant deaths due to sleeping with an adult, is one of 11 projects being funded through new grants from University of Wisconsin Extension and the Wisconsin Economic Development Corp. Intelligent Composites, third place winner in the Advanced Manufacturing category of the 2014 Wisconsin Governor's Business Plan Contest, is also among the grant recipients.

Green Bay Gazette: Angels provide funding option for businesses

August 21, 2014

When faced with difficulties in obtaining funding, many entrepreneurs look to angel investment groups. Although only certain types of businesses will qualify, Wisconsin is trying to make it easier for businesses to submit requests through the Wisconsin Angel Network (WAN).

Nordic ranked 46th on Inc. 500 list of fastest-growing companies in the nation

August 20, 2014

Nordic has been recognized as the 46th fastest-growing privately held company in the nation on the annual Inc. 500 list, America’s most prestigious ranking of fastest-growing private companies. In addition, Nordic has earned a spot on Modern Healthcare’s 2014 list of the 100 “Best Places to Work in Healthcare.”

Journal Sentinel: Gigabit broadband speed spreads throughout state

August 20, 2014

In the Village of Siren, a community of about 900 people surrounded by nearly 300 lakes in northwest Wisconsin, you can get Internet speeds up to 50 times faster than what most people have in their homes in Milwaukee or Madison.

BizTimes: Scale Up Milwaukee accepting applications for 'trep training program

August 19, 2014

Scale Up Milwaukee, a multi-stakeholder effort helping support entrepreneurs at all stages to grow their ventures by stimulating a strong regional entrepreneurship ecosystem, has announced it is accepting applications for the second class of its Scalerator program – training designed to teach ambitious, local companies how to maximize their growth potential.

Biz Journal: Venture capital firm invests in ZBB Energy's Chinese joint venture

August 19, 2014

An investment capital firm is investing $3.24 million in ZBB Energy Corp.’s Chinese joint venture company to build storage products for energy and power electronics platforms.

Journal Sentinel: Marshfield research start-up lands angel investor funding

August 19, 2014

Microscopy Innovations LLC, a Marshfield company that makes a system for preparing microscope specimens, has raised $410,000 of a proposed $750,000 funding round, according to documents filed with federal securities regulators.

Channel 3000: UW researcher studying noninfectious strain of Ebola

August 19, 2014

UW-Madison researcher Yoshihiro Kawaoka, who will speak Tuesday at the Tech Council’s Wisconsin Innovation Network meeting in Madison, is best known for his work surrounding potentially deadly strains of avian flu. His research in the past has also included studying a noninfectious strain of the Ebola virus with an eye toward developing drug therapies.

Startup Whole Trees LLC creates strength in lumber

August 18, 2014

Amelia Baxter and Roald Gundersen launched Whole Trees in 2007. The firm initially focused on providing products for home building, an area where Gundersen for years used round timber in his designs. After weathering the 2008 recession and obtaining additional funding, Whole Trees is now increasing production by entering the commercial building products industry.

Inside Wis: Diverse workforce challenges require a mix of strategies for Wisconsin

August 18, 2014

Workforce development means different things to different people – which is why the term carries emotional and political weight across Wisconsin, from its small towns to its major cities. It also explains why policymakers must aspire to devise a balanced approach to meeting Wisconsin’s diverse workforce needs.

Latest 'WisBusiness: The Show' features WIN director, Maurice Cheeks

August 18, 2014

On the 125th episode of the show, Liz Schrum speaks with Maurice Cheeks, director of the Wisconsin Innovation Network, about what's next for the organization. Tom Still argues that outsourcing is a part of doing business in the modern world, and the WisBusiness.com Stock Report covers startup companies and consumer spending.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Local Companies Nominated for Wisconsin Innovation Awards

August 18, 2014

Forty-seven area companies were nominated for the inaugural Wisconsin Innovation Awards, with the winners announced Aug. 26 at a ceremony at the Memorial Union. In total, 118 businesses, products and services from around the state were nominated. The nominees are in the process of being evaluated by apanel of industry experts. Nominations spanned all parts of Wisconsin and represented large, medium and small companies, startups, established businesses, and nearly all industries.

State Journal: D2P program chooses UW inventions for fast track to market

August 14, 2014

Seventeen projects have been chosen for the launch of the new Discovery to Product, or D2P, program. The partnership between UW-Madison and the Wisconsin Alumni Research Foundation, announced last November, is aimed at taking some of the most promising campus inventions and helping to speed their entry into the marketplace, boosting the economy and creating jobs.

WEDC's website ranked in #3 in new study

August 13, 2014

The Wisconsin Economic Development Corporation (WEDC) website is the third best in the country when it comes to providing economic development site selection information, according to a new independent report.

Still in JSOnline: Spate of deals could provide fresh start for Wis. newspapers

August 10, 2014

For reasons that include the Great Recession, the rise of the Internet and the changing reading habits of Americans, general-circulation newspapers have been in survival mode for a decade or more. However, the spate of just-announced deals that feature media companies spinning off their publishing arms may yet produce a promising future for newspapers – in Wisconsin and nationally.

Journal Sentinel: 'Shark Tank' investor wants entrepreneurs to trust their instincts

August 10, 2014

Barbara Corcoran expects entrepreneurs to listen to what she says, and then do what they want. Even when they're using her money to build their companies.

Tech Council's WIN-Lake Superior chapter holds Ashland conference

August 9, 2014
Read about the seventh annual Lake Superior Business & Technology Conference here in the Ashland Press. More than 100 people attended. The Business Idea Contest was won by Ellie Bresette of Bayfield with his "BuzzBoard" device. 

Inc.: The Great Lakes are home to the most active angel investors in the country

August 7, 2014

Together, the states of Wisconsin, Michigan, Illionis, Indiana, and Ohio accounted for 17 percent of angel deals. That compares to about 18 percent in California but just 13 percent in New England and 12 percent in New York.

Inside Wis: Two research engines helping state’s manufacturing base remain strong

August 7, 2014

Innovation in manufacturing across a mix of sectors is essential for Wisconsin to retain its manufacturing “market share.” Two recent announcements demonstrate that commitment.

Xconomy: Stealthy device startup Invisible Connect gets $2.5M from WI investor

August 7, 2014

Invisible Connect, a stealthy hardware startup based in Eau Claire, WI, has raised $2.5 million in seed money from an unnamed Wisconsin investor, according to the founder and an SEC document.

BizJournal: Aero-Stream among those in next round of ABC's 'Shark Tank'

August 6, 2014

While Karl Holt's idea may not be the sexiest of inventions, he pitched his Hartland-based business to ABC's television show "Shark Tank" and received a phone call to go the next round, which includes sending in an application and a video for the show. Aero-Stream was the first place advanced manufacturing winner in the 2010 Wisconsin Governor's Business Plan Contest.

Free company intern help available through UW-Madison course

August 6, 2014

Students skilled in marketing, writing, graphic design and social media will be available during the UW-Madison fall semester through a course taught by Tom Still, president of the Tech Council.

WHEFA celebrates 35th anniversary; $20.6 billion in financing over time

August 4, 2014

The Wisconsin Health and Educational Facilities Authority recently closed the books on its 2013-14 fiscal year, completing 24 financings for $794 million. That brings to $20.6 billion the total dollar amount of 753 financing projects handled by WHEFA since its founding in 1979. WHEFA is a member of the Wisconsin Innovation Network, the Tech Council's membership arm.

Xconomy: Startups still abandon Wis., but growing cluster keeping more here

August 4, 2014

There’s no doubt losing those companies hurts Wisconsin’s efforts to wean its economy off a dependence on agriculture and old-school manufacturing by building a high-tech cluster. Although the state continues to rank poorly in entrepreneurship rates and venture capital investments, it’s starting to build some momentum with new micro-VC funds, groups striving to nurture the nascent startup community, and a small-but-promising crop of growing young companies.

WEDC to provide funding to build upon success of federal SBIR grants

August 4, 2014
The Wisconsin Economic Development Corporation will provide $1 million in funding to entrepreneurs through a new program aimed at commercializing high-tech innovation. The program, called SBIR Advance, will be administered by the UW-Extension’s Center for Technology Commercialization and will be accessible to young companies throughout the state. Applications opened Aug 1.

Journal Sentinel: Wisconsin grants $900K to help build Energy Innovation Center

August 1, 2014

Construction of an Energy Innovation Center is expected to start in September on Milwaukee's north side, a project that aims to create a laboratory for innovation in energy and power technologies that could help some of the state's largest businesses grow. The project received a financial boost when the WEDC and WHEDA announced $900,000 in funding for the center.

Biz Journal: Milwaukee fashion startup Wantable lands $1.5M Series A financing

July 31, 2014

Fast-growing Milwaukee fashion startup Wantable Inc. has secured $1.5 million in Series A funding, the company announced. The e-commerce startup, from Buyseasons Inc. founder Jalem Getz, closed the round with support from unnamed Wisconsin and California-based investors.

Innovation, expansion are topics of Aug. 8 Biz & Tech Conference in Ashland

July 31, 2014

The 2014 Lake Superior Business & Technology Conference, to be held Friday, Aug. 8 at the Wisconsin Indianhead Technical College in Ashland, will focus on regional economic development through innovation, retention and expansion.

ABODO raises $1.25M in Series A funding to deliver hyperlocal apartment search

July 30, 2014

The hyperlocal online rental marketplace ABODO announced it has closed $1.25 million in Series A financing, led by American Family Ventures. Also joining the round are 4490 Ventures and Lakewest Venture Partners.

Inside Wis: Technology becoming fifth “T” in North Woods economic portfolio

July 30, 2014

The Lake Superior region’s economy will likely always rest on some traditional pillars – timber, transportation, tourism and taconite ore – but technology is becoming a fifth “T” in the jobs creation lineup. At the Aug. 8 Lake Superior Business and Technology Conference, a collection of communities, educational institutions and business leaders will drill down into the economic bedrock of Ashland, a city of about 10,000 people on the shores of Lake Superior.

Latest 'WisBusiness: The Show' features Arjun Sanga of WiSys

July 30, 2014

On the latest episode of "WisBusiness: The Show," Liz Schrum speaks with Arjun Sanga of WiSys Technology Foundation about innovation on UW System campuses; Tom Still outlines scientific breakthroughs happening in Wisconsin; and the WisBusiness.com Stock Report covers hiring optimism and the state jobs picture.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Stil in Journal Sentinel: 'Inversion,' outsourcing worth studying

July 29, 2014

While President Obama and others are right to worry about the long-term implications of American companies effectively renouncing their citizenship, the larger issue facing the White House and Congress is American competitiveness in a global economy. Tax reform that lowers rates and closes loopholes such as inversion should be the answer.

Xconomy: Ability Network exit a win for WI investors outside metro hubs

July 28, 2014

The Ability Network exit, which was among the largest healthtech transactions nationwide in the first half of 2014, brought a big payoff for a group of Wisconsin investors. One of Ability’s early investors was the Chippewa Valley Angel Investors Network (CVAIN), based in Eau Claire, WI, 93 miles east of Minneapolis.

NIH awards Imbed Bio a $1.5M grant to develop advanced wound healing nanofilm

July 28, 2014

Imbed Biosciences Inc. announced July 28 that it has been awarded a $1.5 million competitive Small Business Innovation Research (SBIR) Phase II grant from National Institute for Arthritis and Musculoskeletal and Skin Diseases, a division of National Institutes of Health. Imbed is a past finalist in the Wisconsin Governor’s Business Plan Contest.

Journal Sentinel: Protein Foundry first startup in MCW's incubator program

July 28, 2014

Protein Foundry LLC, a start-up formed by four Medical College of Wisconsin scientists, may be the first in a string of spinoffs to be incubated at the school under a new program aimed at helping move more companies out the door.

PostCrescent: Aviation firm moving to Oshkosh

July 28, 2014

Minneapolis-based D’Shannon Aviation plans to relocate its aircraft engine overhauling business to Wittman Regional Airport following AirVenture.

Inside Wis: Why ‘outsourcing’ is a permanent (and necessary) part of the modern economy

July 23, 2014

The increasingly curious exchange between incumbent Gov. Scott Walker and challenger Mary Burke over the “outsourcing” of jobs illustrates how political campaigns and economic realities seldom mesh.

Xconomy: Badger Fund of Funds to pump $90M-plus into WI startup scene

July 23, 2014

The plan for Wisconsin’s new fund-of-funds program is starting to come into focus. The headline: The Badger Fund of Funds could ultimately result in at least five new funds investing a minimum of $90 million in more than 100 Wisconsin startups over the next several years. That’s the biggest takeaway from a presentation Tuesday by two of the three managers of the fund-of-funds at an event hosted by the Wisconsin Technology Council’s Wisconsin Innovation Network in Madison.

Journal Sentinel: Badger Fund of Funds to invest across state

July 21, 2014

Along with making money and creating jobs, Ken Johnson wants to develop a new generation of venture fund managers, and he believes that the strategy of making modest investments in many small companies can succeed.

Third Wisconsin Wireless Forum to be held Thursday in Pewaukee

July 21, 2014
Industry experts will highlight why mobile broadband coverage is essential to business growth and society Thursday during the third Wisconsin Wireless Forum, to be held from 9 a.m. to 10:30 p.m. at the Workforce Development Center, 892 Main St., Pewaukee, on the southeast corner of the Waukesha County Technical College campus in Pewaukee. 

Latest 'WisBusiness: The Show' features Mark Reinstra of Silicon Valley's WSGR

July 17, 2014

On the latest episode of "WisBusiness: The Show," Liz Schrum speaks with Mark Reinstra, a partner at the Silicon Valley law firm of Wilson Sonsini Goodrich & Rosati; Tom Still discusses information technology in Wisconsin; and the WisBusiness.com Stock Report for mid-July 2014 covers new business survival and ride share services.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee

WisBusiness: NorthStar Medical Radioisotopes breaks ground for Beloit facility

July 17, 2014

NorthStar Medical Radioisotopes LLC broke ground today for a new 50,000-square-foot facility at 1800 Gateway Blvd. in Beloit, Wis. When completed in late 2014, the facility will house the company’s headquarters and activities related to the production of the medical radioisotope molybdenum-99 (Mo-99). The facility is being constructed by Corporate Contractors Inc. of Beloit.

Olver to lead University Research Park

July 17, 2014

Aaron Olver, a former secretary of the state Department of Commerce and head of Madison’s economic development division, has been hired as managing director of University Research Park.

Journal Sentinel: Chicago investors flock to Madison start-ups

July 16, 2014

Riding high on big paydays from companies such as Braintree, Groupon and GrubHub, Chicago investors are looking outside the Midwest's biggest city for some of their next investments. One increasingly popular option: Madison's digital start-ups.

Continued growth of Epic Systems has attracted the attention of the news media

July 16, 2014

The continued growth of Epic Systems in Verona, a national leader in electronic health records, has attracted the attention of the news media. Here are stories from the Wisconsin State Journal and WKOW-TV in Madison.

URP: Morgridge Institute launches new focus area on metabolism

July 16, 2014

The Board of Trustees of the Morgridge Institute for Research has approved a new focus area in metabolism, a growing research field with enormous potential to treat or reverse a broad spectrum of human diseases.

WisBusiness: Best-ever efficiency points to clean, green gas-diesel engine

July 16, 2014

New engine technologies are frequently developed in one-cylinder engines like this one in the basement of a University of Wisconsin-Madison lab. And after being doctored by a group led by Rolf Reitz, a professor of mechanical engineering at UW-Madison, this is the most efficient diesel in the engine-research world.

WisBusiness: Professor’s science kit among top 100 technology products

July 16, 2014

A science kit to help students learn about nanotechnology has been selected as one of the top 100 technology products added to the market place for 2013. NanoFab Lab…in a Box!™ was developed by Mike Zach, associate professor of chemistry at UW-Stevens Point, in collaboration with the U.S. Department of Energy’s Argonne National Laboratory in Illinois.

State Journal: Aaron Olver to head University Research Park

July 16, 2014

Aaron Olver has been named managing director of University Research Park. Olver, economic development director for the city of Madison and former state Department of Commerce secretary, succeeds Mark Bugher, who retired last November.

Journal Sentinel: Dedicated Computing continues to grow, expand

July 16, 2014

Wisconsin native Don Schlidt, 46, came back to the state in 2008 to run Waukesha-based Dedicated Computing Inc. Schlidt had previously run four other businesses, most recently in Denver, where he led the electronic component design and distribution business of Arrow Electronics. Schlidt will join the Wisconsin Technology Council board of directors this fall.

Still in Journal Sentinel: Wisconsin sees influx of tech jobs and start-ups

July 14, 2014

The City of Milwaukee's latest economic development plan identifies five industry clusters primed for growth: water technology and research; food and beverage processing; headquarters and business services; finance and insurance; and industrial controls, automation, power and energy. If the city wants to embrace one more candidate for growth, however, it should consider adding information technology and software to the short list. The Milwaukee area arguably has precisely what the IT and software sector needs.

Inside Wis: With talent and vision, tech companies can grow in mid-size cities

July 14, 2014

Speaking recently to the board of directors for the Wisconsin Technology Council in Eau Claire, Zach Halmstad of JAMF Software described a company that has grown sharply since 2010 by focusing on customer service and employee retention through pay and benefit packages that attract and grow talent.

State Journal: Madison-based Idle Free Systems purchased by Minn. manufacturer

July 14, 2014

Madison's Idle Free Systems, a ?maker of auxiliary power units for over-the-road and work trucks, has been acquired for an undisclosed sum by Phillips & Temro Industries in Eden Prairie, Minnesota.

BizJournal: Runzheimer buys Chicago travel technology firm ProcureApp

July 14, 2014

Runzheimer International, a Waterford provider of workforce travel programs, services and technology, said Thursday that it purchased Chicago travel technology firm ProcureApp Inc. Runzheimer International is a Wisconsin Angel Network member and was a participant in the 2014 Wisconsin Tech Summit.

Cray Inc. wins $174 million contract with National Nuclear Safety Administration

July 11, 2014
Cray Inc., which has its manufacturing plant in Chippewa Falls, has been awarded one of its largest contracts ever. The supercomputer manufacturer -- founded by Seymour Cray in Chippewa Falls -- has won a contract with the National Nuclear Security Administration for the next-generation Cray XC supercomputer and a related storage system. Read more in the Chippewa Daily Herald.

Promega continues its expansion with $30 million assembly plant

July 11, 2014

Promega, the granddaddy of Wisconsin's biotechnology industry, is still growing. Read about its latest expansion in the Wisconsin State Journal.

 

Journal Sentinel: ABC to hold 'Shark Tank' auditions in Milwaukee

July 8, 2014

ABC's "Shark Tank," on which entrepreneurs seek funding for their projects from a panel of successful businesspeople, will be holding open auditions in Milwaukee on July 21. The open casting call for the show, whose motto is "Only the Strong Survive," will be held at the Milwaukee Art Museum, 700 N. Art Museum Drive.

U.S.-India Science & Technology Endowment Fund promotes joint innovation

July 8, 2014
The governments of the United States of America (through the Department of State) and India
(through the Department of Science & Technology) have established the United States - India
Science & Technology Endowment Fund (USISTEF) for the promotion of joint activities that would
lead to innovation and technopreneurship through the application of science and technology. The
Endowment Fund activities are implemented and administered through the bi-national Indo-US
Science and Technology Forum (IUSSTF).

Dairyvative Technologies, Top 25 BPC finalists, awarded Dairy 30x20 grant

July 7, 2014

Dairyvative Technologies, a Top 25 finalist in the Governor's Business Plan Contest this year, was awarded a Grow Wisconsin Dairy 30x20 Grant for dairy processors, Department of Agriculture, Trade and Consumer Protection (DATCP) Secretary Ben Brancel has announced.

Journal Sentinel: Wisconsin leads Midwest in new businesses' 10-year survival rate

July 7, 2014

In steady-as-she-goes Wisconsin, new businesses are notoriously few. That's the bad news. But the ones that do get launched tend to stay launched — more so than in all but a handful of states. Recently released state profiles from the U.S. Small Business Administration show the pattern.

Latest 'WisBusiness: The Show' features Yumin Choi of HLM Venture Partners

July 7, 2014

On the latest episode of "WisBusiness: The Show," Liz Schrum speaks with Yumin Choi from HLM Venture Partners; Tom Still discusses the pivotal role of technical colleges in Wisconsin's work force; and the WisBusiness.com Stock Report covers the tech industry and tax collections.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Read Q&A with new WIN director Maurice Cheeks in Capital Times

July 6, 2014

The Tech Council's new Wisconsin Innovation Network director is a techie, a city of Madison alderman and someone who believes in Wisconsin's economic future. But, no, Maurice "Mo" Cheeks is not the former NBA star. Read about "our" Maurice Cheeks here

Inside Wis: Supreme Court’s cellphone decision keeping with ‘digital privacy’ trends

July 3, 2014

One such example of consensus among the jurists who make up the nation’s highest court was the 9-0 ruling that police need warrants to search the cellphones of people they arrest. It’s a decision that is likely to apply to searches of tablets, laptops and other connected devices, as well.

Tech Council board member Sussman uncovers shocking truth about electric fish

July 3, 2014

Scientists have found how the electric fish evolved its jolt. Writing in the journal Science, a team of researchers led by Michael Sussman of UW-Madison, Harold Zakon of the University of Texas and Manoj Samanta of the Systemix Institute in Redmond, Wash., identifies the regulatory molecules involved in the genetic and developmental pathways that electric fish have used to convert a simple muscle into an organ capable of generating a potent electrical field. Also, read this USA Today story on the research being named as one of the "five most incredible discoveries of the week."

Journal Sentinel: Providing Wi-Fi proves tricky for businesses

July 2, 2014

As ubiquitous as free Wi-Fi has become, though, many business owners still don't offer it, for a variety of reasons, including worries that it encourages some people to hang out at their location for the Internet access while not spending much money.

Xconomy: Zurex Pharma raises $4 million to battle hospital-acquired infections

July 2, 2014

Zurex Pharma, a Middleton, WI-based startup developing antimicrobial products to prevent hospital-acquired infections, has raised $4.1 million from investors in a round that could top out at $5.1 million, according to a new SEC filing.

State Journal: Real projects showcase local virtual reality companies

June 30, 2014

Two local tech companies are getting some high-profile placement for their virtual reality products. WebRacing, the second place winner in the Business Services category of the 2014 Governor's Business Plan Contest, will be part of the July 5-6 opening weekend for the Tour de France, with a 30-bike virtual reality cycling installation at the Yorkshire, England, starting point.

Still in Journal Sentinel: Wisconsin's other industries peek out of the woodwork

June 30, 2014

Most people outside the Wisconsin borders have been trained to think of the state as a place defined by cows, cheese, beer, lakes and the Lambeau Leap. There's not much room in their collective subconscious — yet — to think Wisconsin may also lay claim to a well-rounded, 21st century economy. But here are some examples of excellence beyond our historic brands.

Xconomy: Wisconsin edtech startup StudyBlue raises $1.7M

June 27, 2014

StudyBlue, a Madison, WI-based edtech startup, has raised $1.7 million from investors, a new SEC filing shows.

Inside Wis: Can’t find skilled workers? Businesses can often shop close to home

June 26, 2014

The push-pull between tech colleges and four-year colleges is nothing new, but many Wisconsin employers say the shortage of skilled workers is becoming more intense. Still, some of those employers seem unaware that training programs that can meet their needs are often just a short drive from their plants and offices.

State Journal: Madison ripe for tech jobs from the coasts, venture capitalist says

June 25, 2014

Bringing investment money to Madison-area startup companies from the East and West coasts has long been a tough sell. But convincing coastal tech companies to bring some of their jobs here is a real possibility, a partner in a New York venture capital firm told the Madison chapter of the Wisconsin Innovation Network this week.

WisBusiness: New York venture capitalist says Madison could be tech startup hub

June 25, 2014

Madison will never be Silicon Valley, but a New York City venture capitalist speaking at the Madison chapter of the Wisconsin Innovation Network this week says he believes the city has the potential to become a hotbed for startup tech companies.

Xconomy: Thalchemy raises seed funds to develop always-on sensor technology

June 25, 2014

Thalchemy, a Madison, WI-based startup developing technology to facilitate continuous sensory processing in smartphones and other devices, has raised $650,000 from local and out-of-state investors, Xconomy has learned.

The Trustbelt: High-tech industries drive innovation In Wisconsin

June 25, 2014

Throughout Wisconsin, businesses and supporting organizations are working together to provide an intellectual network that advances industry innovation. The state has invested to become a global leader in several high-tech industries, including information technology, health care and water technology. Our statewide network offers entrepreneurial support services within these industries, and more and more entrepreneurs are taking advantage of these resources to help their companies launch and thrive. In fact, areas in the state are drawing attention for high-tech job growth. Forbes Magazine recently ranked Madison, Wis., fifth on the 2014 list of “Cities Creating the Most Information Technology Jobs.”

WSRC signs pact to work with Altamira on data research goals

June 24, 2014

The Wisconsin Security Research Consortium has signed a subcontract with Altamira Technologies Corp., a technology company working to solve problems of national importance, to support the Washington-based company’s “Indefinite Delivery Indefinite Quantity” contracts. 

State Journal: Crowdfunding, Wisconsin style, begins

June 23, 2014

It’s only logical that MobCraft Beer, a Madison craft brewery that makes its ales based on a majority vote by customers, would be the first company to sign up to use Wisconsin’s new crowdfunding law. MobCraft was the winner of the Advanced Manufacturing category in the 2014 Wisconsin Governor's Business Plan Contest.

Software industry veteran Maurice Cheeks to direct Innovation Network

June 23, 2014

Maurice “Mo” Cheeks has joined the Wisconsin Technology Council as the director of its Wisconsin Innovation Network, it was announced Monday.

Inside Wis: What makes a successful 'trep? Advice from those who’ve been there

June 23, 2014

Two corporate leaders who made their marks in very different industries offered their views on what it takes to start and grow a business at the recent Wisconsin Entrepreneurs’ Conference, an annual gathering that offers hands-on ways for young businesses to learn more. Featured speakers included Craig Culver, who co-founded the Sauk City-based Culver’s restaurant franchising system that includes about 510 stores in 23 states, and Jack Lynch, CEO of globally recognized Renaissance Learning in Wisconsin Rapids and a veteran of several high-growth software companies.

State Journal: Exact Sciences CEO Kevin Conroy wins entrepreneurship award

June 20, 2014

Kevin Conroy, chief executive officer of Exact Sciences Corp. and Wisconsin Technology Council board member, is one of eight executives named EY Entrepreneur of the Year in the Midwest. Exact Sciences, Madison, has developed a stool-based, DNA test for colorectal cancer.

Latest 'WisBusiness: The Show' features Chris Olsen of Drive Capital

June 19, 2014

On the latest episode of "WisBusiness: The Show," Liz Schrum speaks with Chris Olsen from Drive Capital, Tom Still speaks about the potential benefits from the proposed Badger-Coulee power line, and the WisBusiness.com Stock Report covers Elucent Medical and bank profits.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Still in Milwaukee JS: Flu flap shows perils of science communication in digital age

June 18, 2014

As news about scientific breakthroughs has migrated to online formats, public discussion about research and innovation has been simultaneously democratized and distorted. Read more in Tom Still's Milwaukee Journal Sentinel column here.

Journal Sentinel: American Family sends catastrophe team to Dane, Grant counties

June 18, 2014

American Family Insurance has dispatched a catastrophe team to Dane and Grant counties, where strong overnight storms blew out windows, tore off roofs and toppled trees and power lines.

Rowheels wins life sciences pitch event at New York Venture Summit

June 18, 2014
Rowheels, the winner of the 2012 Wisconsin Governor's Business Plan Contest, won a pitch competition at the New York Venture Summit held Tuesday in New York City. Rowheels was one of 30 competitors in the life sciences track and won for best innovation.

Journal Sentinel: Madison company halfway to funding goal

June 12, 2014

Kiio Inc., a Madison company with a small computing device that it says could modernize the practice of physical therapy, has raised about half of a $1.3 million offering, according to a filing with federal securities regulators.

New Glarus Middle School student wins ‘Wisconsin YES!’ youth biz plan contest

June 11, 2014

Jonah Thompson, an 8th grader at New Glarus Middle School developing a beekeeping-related company, is the grand prize winner in Wisconsin YES!, a youth business plan contest for students in middle and high school.

Latest 'WisBusiness: The Show' features Craig Culver, Culver Franchising System

June 11, 2014

On the latest episode of "WisBusiness: The Show," on location at the Wisconsin Entrepreneur's Conference, Liz Schrum speaks with Culver's CEO and co-founder Craig Culver about his approach to the restaurant business. Also, Tom Still speaks about the future for startup companies and venture capitalists, and the WisBusiness.com Stock Report for early June 2014 provides insight on coal use and job training.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Inside Wis: In a post-coal era, energy options include wind from the west

June 11, 2014

As the state Public Service Commission weighs the pros and cons of the Badger-Coulee line, another factor may rule over both clans: The need to wean Wisconsin from its coal habit.

Journal Sentinel: MobCraft is first to tap Wisconsin's 'crowdfunding' experiment

June 10, 2014

There's a good chance the first company to use Wisconsin's newly implemented rules allowing investment "crowdfunding" will be, fittingly, a brewer. MobCraft Beer, a Madison firm that cooks up such sudsy exotica as Mayan Chocolate Chili Ale and Blood Orange Tea Weizen, is poised to open the spigot and tap into what it hopes will be a free flow of investment from ordinary Wisconsinites into Wisconsin business. MobCraft was the Advanced Manufacturing category winner in the 2014 Wisconsin Governor's Business Plan Contest.

Forbes: Behind Epic Systems' alliance With Apple

June 10, 2014

At Apple’s Worldwide Developers Conference on Monday, the company revealed tantalizing bits about a partnership with Epic Systems, the dominant vendor of electronic health records. The announcement which highlighted Apple’s new HealthKit platform for health apps and tracking devices took many by surprise.

Journal Sentinel: Kenosha company develops a better wheelchair

June 10, 2014

A Kenosha engineering firm says it has developed a new wheelchair aimed at reducing shoulder and wrist injuries that come from using a regular wheelchair, and that's also faster and better at climbing. Procubed LLC hopes to begin selling the new wheelchair late this year starting with Veterans Affairs facilities.

Xconomy: 3 takeaways from Wisconsin’s recent burst of VC deals

June 10, 2014

Wisconsin entrepreneurs often lament the state’s relative lack of venture capital, but lately they’ve had plenty to smile about.The recent flurry of VC activity coincided with the release of this year’s Wisconsin Portfolio, an annual publication from the Wisconsin Technology Council and its Wisconsin Angel Network, which tracks all of the deals statewide. Wisconsin saw 16 percent more deals in 2013 than 2012, but the total dollars invested dropped 21 percent to $128.3 million.

Inside Wis: Wisconsin’s business startup figures - which companies matter most?

June 9, 2014

With a fresh crop of winners in the Governor’s Business Plan Contest, some enthusiastic out-of-state investors and more than 500 people buzzing about the latest trends, you would never have guessed from last week’s Wisconsin Entrepreneurs’ Conference that the state lags in company startups. The anecdotal evidence of Wisconsin’s progress as a place to start a company, especially high-growth companies, is persuasive

It's a wrap! Read press coverage of the 2014 Wis. Entrepreneurs' Conference

June 9, 2014

The 2014 Wisconsin Entrepreneurs’ Conference attracted more than 500 attendees over two days. Thanks to all who participated!

In a first, test of DNA in Wisconsin child finds roots of illness

June 9, 2014
A case involving a 14-year-old boy from Cottage Grove, Wis., who was treated at American Family Children's Hospital in Madison, is believed to be the first example of a test of DNA being used to pinpoint potentially deadly pathogens. Read more in this New York Times story.

Kenosha's Procubed, former BPC finalist, moving ahead with wheelchair design

June 6, 2014

Read a Milwaukee Journal Sentinel story on Procubed, a Kenosha company that is developing a wheelchair the company says is physically easier on users and able to better climb inclines. Procubed is a past finalist in the Governor's Business Plan Contest.

Breast cancer surgical detection system wins 2014 Gov's Biz Plan Contest

June 5, 2014

A medical device company developing a new detection system for locating and showing surgeons breast cancer won the grand prize in the 2014 Wisconsin Governor’s Business Plan Contest, organizers announced on Wednesday. 

State Journal: Entrepreneurs share their tales at the Wis. 'Treps Conference

June 5, 2014

When to start your own company. Where to find potential customers. How to approach investors for money. Those were among the topics tackled at the Wisconsin Entrepreneurs’ Conference in Madison on Tuesday.

WisBusiness: Microbe Detectives offers comprehensive testing for drinking water

June 5, 2014

Microbe Detectives, a company founded by Trevor Ghylin, uses DNA-based microbial analysis to ensure drinking water safety -- a technique he believes would prevent such a widespread outbreak from happening again.

WisBusiness: Up-and-coming companies profiled ahead of 'Treps Conference

June 5, 2014

Students in the UW-Madison Department of Life Sciences Communications recently profiled more than a dozen state companies that are working on advancements the companies hope will net them sustained business success.

WisBusiness: Venture capitalists say Midwest ripe for tech boom

June 5, 2014
Chris Olsen, an Ohio native and venture capitalist who worked for several firms in California, says he and his partners are bullish on the Midwest.

WKOW: Coverage of the BPC at the Entrepreneurs' Conference

June 5, 2014

From breast cancer treatment to beer making, Wisconsin entrepreneurs with novel ideas, and research to back them up, vie to win the annual Governor's Business Plan Contest.

Wisconsin Portfolio report: Investment dollars down, deals up in 2013

June 1, 2014
Click here to read a Wisconsin State Journal news story on the Wisconsin Portfolio report, produced by the Wisconsin Technology Council and its Wisconsin Angel Network. The report notes that while dollars invested by angel and venture capitalists in Wisconsin last year were down, the number of individual deals rose.

State Journal Opinion page: State leaders should talk up the 'treps

June 1, 2014
In its Sunday editorial, the Wisconsin State Journal noted the importance of Wisconsin's high-growth economy on the eve of the 12th annual Wisconsin Entrepreneurs' Conference. "Our state needs to think big about boosting small business innovators," the editorial concluded.

Tom Still in Journal Sentinel commentary: More out-of-state investors seen here

June 1, 2014

In his Sunday Business section column for the Milwaukee Journal Sentinel, the Tech Council's Tom Still writes about trends uncovered in the annual Wisconsin Portfolio report -- including a trend toward more out-of-state investors taking an interest in Wisconsin companies.  

Inside Wis: Higher education still has economic value, although debt tests credibility

May 30, 2014

Americans once believed in commanding numbers – 80 percent or more – that a college degree was a good investment. Recent public surveys suggest confidence has plummeted, in part because the average debt for graduates is growing ($28,102 for Wisconsin college graduates, according to CNN Money) at a time when the economy is still struggling to produce enough high-wage jobs.

Count 'em! Top 10 reasons to attend next week's Entrepreneurs' Conference

May 30, 2014

With registration numbers running high, hundreds of people are set to attend the 12th annual Wisconsin Entrepreneurs’ Conference. Here are 10 reasons to join them Tuesday and Wednesday at Madison’s Alliant Energy Center for one of the Midwest’s premier events for entrepreneurs.

Latest 'WisBusiness: The Show' features Tricia Braun of WEDC

May 29, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum speaks with Tricia Braun, a new vice president at the Wisconsin Economic Development Corp., about her goals for the organization; Tom Still discusses the upcoming Wisconsin Entrepreneurs’ Conference; and the WisBusiness.com Stock Report for late May covers data centers and "zombie" houses.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee

Forbes: The cities winning the battle for information jobs 2014

May 29, 2014

In the town of Verona on the rural fringes of Madison, Wisc., there’s a Google-like campus that houses one of the country’s most rapidly growing tech companies, and one of the least well known. Founded in 1979, the medical software maker Epic has grown to employ 6,800 people, most of whom work at its 5.5 million-square-foot headquarters complex, which sprawls over 800 acres of what was farmland until the early 1990s.

Veteran entrepreneurs to share stage June 4 at Entrepreneurs’ Conference

May 28, 2014

Four entrepreneurs who have built successful companies in Wisconsin will talk about their ups and downs Wednesday, June 4, during a morning session at the 12th annual Wisconsin Entrepreneurs’ Conference at Madison’s Alliant Energy Center.

Journal Sentinel: Aver Informatics raises $8.5 million in venture capital

May 27, 2014

Aver Informatics Inc., a De Pere health information technology start-up, has raised $8.5 million of funding in a round led by two large, out-of-state venture capital firms.

WisBusiness: MagneTag takes ‘tag’ games to a more precise level

May 27, 2014

Adam Cohen of Milwaukee was playing with some spherical desk magnets at his desk one day when an idea struck him. Tiny magnets just millimeters in size could be inserted into foam weapons. They would then produce electrical signals that could be recorded. This created an unambiguous, reliable scoring system -- an improvement over the honor system used in games such as paintball. With that, MagneTag was born. MagneTag was in the Top 52 entries of the 2014 Governor's Business Plan Contest.

WisBusiness: 'Menu Builder' helps restaurants put best choices forward

May 27, 2014

A restaurant's menu is a visual "first impression" for customers. It can be appealing to people in search of something tasty, different or familiar, or a slightly frustrating ordeal that can keep diners from coming back. Understanding that many restaurants need help in how to design their menus – and to track results over time – is the idea behind HotOperator, a business based in Oshkosh and a Top 52 entry in the 2014 Governor's Business Plan Contest. 

Inside Wis: Biz Plan Contest finalists reflect market trends, startup teamwork

May 22, 2014

By the time the annual Governor’s Business Plan Contest boils down to its “Diligent Dozen” live presenters, a result of five months of judging and mentoring, a series of tough cuts throughout the competition has yielded the best of the best. 

Journal Sentinel: Madison firm develops medical device to detect infections earlier

May 21, 2014

The path from scientific discovery to commercial enterprise is often long, usually challenging and, occasionally, strewn with doughnut crumbs. Or so it has been for the Madison team behind Isomark LLC, a nearly 9-year-old venture built on an intriguing idea — that the very breath we exhale can signal early warning of life-threatening infections.

WisBusiness: ‘Sproutr’ aims to grow volunteerism by engaging youth in service

May 21, 2014

Matching enthusiastic young people with volunteer opportunities that both interest them and maximize their skills is the aim of Kathleen End’s website, Sproutr. Sproutr was among the Top 52 entries in the 2014 Wisconsin Governor's Business Plan Contest.

WisBusiness: DWD official touts state's collaborative job training program

May 21, 2014

The lead administrator for Wisconsin’s “Fast Forward” program said Tuesday at a Wisconsin Innovation Network luncheon that using state funding to collaborate with businesses in training skilled workers helps to focus job-training efforts.

Madison Startups: Forkforce Raises $250K in Seed Funding

May 21, 2014

Forkforce can enhance its job platform for the service industry thanks to raising $250,000 in seed funding, the company announced.

Tech Council joins in national efforts regarding tech-based federal initiatives

May 21, 2014

The Wisconsin Technology Council has been a part of two timely information efforts in Washington, D.C., this month, where Congress is considering important revisions to programs that affect the tech-based economy.

'Diligent Dozen' selected to present live June 3 at Entrepreneurs' Conference

May 20, 2014

Finalists representing diverse tech-based sectors in Wisconsin’s startup economy will present live to judges in the Governor’s Business Plan Contest during the 12th annual Wisconsin Entrepreneurs’ Conference in Madison.

WisBusiness: Kaliber Imaging's system assesses mobility of people who fall

May 20, 2014
Kaliber Imaging has developed a three-dimensional system to analyze patient mobility and work to prevent falls. Kaliber Imaging is a "Diligent Dozen" finalist in the 2014 Wisconsin Governor's Business Plan Contest.

Angel investor, economist David Ward named to academic post in UW System

May 16, 2014
University of Wisconsin System President Ray Cross has named David J. Ward as interim senior vice president for academic and student affairs for the UW System.

WisBusiness: Tasso looks to offer easy, painless blood collection sampling

May 16, 2014
Tasso Inc. is working on a method to allow patients to draw blood and send samples to a lab in the convenience of their own home. Tasso was among the Top 25 entries in the 2014 Wisconsin Governor's Business Plan Contest.

Latest 'WisBusiness: The Show' features Joe Kremer of Isomark

May 15, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum speaks with Joe Kremer of Isomark about Canary, a breath-based early detection system for infections. Also, Tom Still explains how the co-investing trend helps bring out-of-state dollars into Wisconsin; and the WisBusiness.com Stock Report covers coal use and health rankings.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Lt. Gov. Kleefisch: Protecting the knowledge that powers Wisconsin

May 14, 2014

From ag tourism to the Global Water Center to the Wisconsin Institutes for Discovery, we are attracting scientific interest from around the world for our innovation and invention across industries. These advances make protection of intellectual property an important policy priority for Wisconsin jobs.

WisBusiness: Virtual fitness software turns physical activity into a 3-D competition

May 14, 2014
A Wisconsin business is breathing new life into old cardio equipment, turning that neglected treadmill collecting dust and hangers into a revitalized workout system. WebRacing, a Top 25 entry in the 2014 Wisconsin Governor's Business Plan Contest, uses digital 3-D visual environments connecting new and used indoor cardio equipment wirelessly, transforming exercisers into avatars on screens in real time.

Leading investors, entrepreneurs on tap for Wisconsin Entrepreneurs’ Conference

May 14, 2014

Nearly 50 investors and entrepreneurs will talk about best practices, success stories – and even how they learned from failure – during panel discussions at the 12th annual Wisconsin Entrepreneurs’ Conference, June 3-4 at Madison’s Alliant Energy Center.

WisBusiness: Mackie to receive highest honor in medical physics

May 13, 2014

Thomas "Rock" Mackie, director of medical engineering at the Morgridge Institute for Research, will receive the highest honor in the field of medical physics for his far-reaching contributions to medical imaging.

WisBusiness: Little Green Pencil aims to bring new dimension to golf

May 13, 2014

Little Green Pencil, a company founded in 2013 by Will Robus, Stuart McIntosh and Steve Ramig, aims to use text messaging and publicly available website to make golf outings as simple and as social as possible for everyone involved -- event participants, spectators, event planners and even the golf course itself. Little Green Pencil is in the Top 25 of the 2014 Wisconsin Governor's Business Plan Contest.

WSJ: Michigan’s Governor says state’s venture capital, tech sector is on the rise

May 13, 2014

Detroit’s financial problems have gotten a lot of attention in the past few years, but there is another economic story unfolding in Michigan, Gov. Rick Snyder said. The state has become the high-tech hotbed of the Midwest, and has climbed from being 41st in the nation in terms of entrepreneurial activity and investing to the sixth-place spot in under a decade, the governor said.

Inside Wis: Pat Lucey used bully pulpit of governor’s office to make tough choices

May 13, 2014

He was a governor who angered many in the education establishment, who sought to exercise more control over the state bureaucracy, and a politician who redefined his party yet seemingly didn’t care if he won by one vote or thousands. Gov. Scott Walker? Perhaps so, depending on your point of view, but the description also fits former Wisconsin Gov. Patrick J. Lucey.

State Journal: Robinson holds the key to a new pot of money for young companies

May 12, 2014

Greg Robinson left a cushy post with a venture capital firm in the mecca of IT magic, Silicon Valley, to steer a new fund aimed at giving a jump-start to promising young software companies in Wisconsin.

Inside Wis: Co-investing trend in Wisconsin can help startups in search for money

May 9, 2014

The Wisconsin Technology Council and its Wisconsin Angel Network annually chart the state’s angel and venture deals. In 2012 and 2013, 160 such deals involved startups that raised a few thousand dollars to companies that attracted tens of millions of dollars. Nearly 70 of those 160 deals involved at least one investor from outside Wisconsin, and sometimes outside the country.

WisBusiness: Micro-machines could mean big business for UWM startup

May 8, 2014
A UW-Milwaukee startup is looking to make its mark with a product to boost research in a field known as microfluidics, which crosses disciplines ranging from engineering to biochemistry. Microfluidics involves operating with and manipulating systems involving minute volumes of fluids. E-Trap was a Top 52 entry in the 2014 Wisconsin Governor's Business Plan Contest.

Journal Sentinel: JCI, UW open energy storage systems test lab in Madison

May 6, 2014

A new partnership between Johnson Controls and the University of Wisconsin-Madison will explore how the next generation of car batteries will fit into the nation's overall energy picture.

Craig and Lea Culver to receive 2014 'Seize the Day' award at 'Treps Conference

May 6, 2014

Craig and Lea Culver, co-founders of the Culvers restaurant chain, will receive the 11th annual Ken Hendricks Memorial “Seize the Day” award at the 2014 Wisconsin Entrepreneurs’ Conference.

State Journal: Colorized 3D printing device wins Burrill biz plan contest

May 5, 2014

A student team that’s figured out how to inject color into plastic items made by 3-D printers took the top prize at the UW-Madison’s annual G. Steven Burrill Business Plan Competition.

BrightStar to discuss new investments, deal flow at May 8 WIN event

May 5, 2014

Hear the latest roundup of BrightStar Wisconsin Foundation’s investments, and its plans to do make as many as 20 this year at the May 8 luncheon meeting of the Wisconsin Innovation Network in Wauwatosa.

WisBusiness: Disposable timer could be a nurse's best friend

May 5, 2014

The advance of technology translates into heavier, more complex workloads for nurses on the frontlines of medical care. To ease the burden, biomedical engineer Sarah Sandock has invented a simple, inexpensive, single-use timer that could be worn like a wristwatch to tell a nurse when to administer a drug or unhook a medical device.

Still in Journal Sentinel: Wisconsin schools add programs on entrepreneurship

May 4, 2014

Tim Keane, Golden Angels Investors, has now joined with six other entrepreneurs to create The Entrepreneurial Journey, a 200-hour, four-month short course sponsored by Carroll University. The first class of 24 students — now being recruited through an application process that will remain open for a few more weeks — will begin study in September and earn a 15-credit graduate certificate from Carroll.

Latest 'WisBusiness: The Show' features Don Stanley of 3Rhino Media

May 1, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum speaks with Don Stanley of 3Rhino Media about the role that social media plays in modern business; Tom Still discusses the Wisconsin dairy industry, past and present; and the WisBusiness.com Stock Report covers the Miron Co. and the state's jobs picture.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric, UW-Milwaukee and BMO Harris Bank.

Xconomy: Speed Dating - Wisconsin’s experiment to connect startups, big boys

May 1, 2014

Entrepreneurs can raise all the venture capital they want, but they know that in the long run, they don’t have a business without dollars flowing in from customers. That’s why the Tech Council organized its first “Tech Summit” April 7 at the GE Healthcare Institute in Waukesha, WI.

Inside Wis: Better broadband can create economic ‘highways’ in rural Wisconsin

May 1, 2014

Carl Ruedebusch is a veteran businessman who understands how high-speed Internet connections can make or break economic opportunity – depending on where you live in Wisconsin.

25 entries advance to second phase in ‘Wisconsin YES!’ youth biz plan contest

May 1, 2014

A statewide panel of judges have selected 25 entries to advance to Phase 2 of Wisconsin YES!, a youth business plan contest for students in middle school and high school. 

Aver Informatics and Wellbe announce collaboration on episodic care analytics

April 29, 2014

Aver Informatics, Inc. and Wellbe, Inc. announced a collaboration at the Medical Informatics World conference to pair their two healthcare solutions to tackle the complexities of value-based episodes of care.

Wall Street Journal: Stratasys strengthens materials development capabilities

April 29, 2014

Stratasys Ltd., a leading global provider of additive manufacturing solutions, announced that it has entered into a definitive asset purchase agreement to acquire certain assets of Wisconsin-based Interfacial Solutions.

WARF invests $150K in Isomark; money will support patient study of ‘Canary’

April 29, 2014

The Wisconsin Alumni Research Foundation has invested $150,000 in Isomark LLC, funding that will be used by the Madison-based firm to help support a 110-patient study of the company’s non-invasive “Canary” breath analyzer. The device is intended to provide early warnings of potentially deadly patient infections.

Internet2 CEO Lambert to speak June 4 at Wisconsin Entrepreneurs’ Conference

April 28, 2014

David Lambert, the president and CEO of the 500-member Internet2 networking consortium, will speak June 4 at the 12th annual Wisconsin Entrepreneurs’ Conference in Madison. He will speak during the awards luncheon for the Governor’s Business Plan Contest.

Inside Wis: Dairy innovation alive and well as industry adapts to change

April 25, 2014

Fostering innovation is the goal of a new project within the Wisconsin Center for Dairy Research, one of the world’s leading centers for discovery within an industry that has become international in every way.

WisBusiness: Expert pushes clean technology connections

April 25, 2014

Wisconsin entrepreneurs interested in “cleantech” projects may feel a bit isolated from investors and support, but regional competitions and networking can help.

WisBusiness: PNL awarded $1M grant from the U.S. Dept. of Energy

April 25, 2014

Phoenix Nuclear Labs (PNL) announced that it was awarded a $1M grant from the Department of Energy (DoE) to design and build a high current negative hydrogen ion source.

CapTimes: Uber and Lyft sting is 'going to put fear into some people'

April 23, 2014

Whenever something like that is in the news I do think it has an impact on people,” said Candice Taylor, a representative from San Francisco-based Lyft. “I wouldn’t say that there hasn’t been any impact. And I think because of that there will be less Lyft vehicles if you open the app because right now that is going to put fear into some people.”

Taylor was speaking Tuesday on a panel with Nick Anderson, a representative from rideshare competitor Uber, Phil Anderson from Green Cab of Madison and downtown Madison Ald. Scott Resnick, who’s trying to hammer out an ordinance that will allow the rideshare services to operate legally. The event was sponsored by the Wisconsin Technology Council.

WKOW: Cab companies, rideshare apps and city discuss ongoing dispute

April 23, 2014

The controversial topic was discussed during an open forum Tuesday afternoon organized by the Wisconsin Innovation Network. Local business leaders and entrepreneurs wanted to know more about the two companies coming to town and the companies hoped to clear the air about the recent controversy.

Inside Wis: Why ride-sharing apps frustrate government reach

April 22, 2014

In a city that prides itself on being among the nation’s most “techie,” there has been a decidedly un-techie reaction to the arrival of two ride-sharing companies that have challenged the status quo of traditional taxi services.

Still in Journal Sentinel: Wis. Center for Dairy Research aims to foster innovation

April 22, 2014

Fostering innovation is the goal of a new project within the Wisconsin Center for Dairy Research, one of the world's leading centers for discovery within an industry that has become international in every way.

State Journal: Finalists in the Biz Plan Contest include some familiar names

April 22, 2014

Tech start-ups may be drawing heaps of attention lately but the top two dozen companies still in the running in the Wisconsin Governor’s Business Plan Competition represent a wide variety of industries, from Pan Genome Systems’ vaccines for dairy cows to Little Green Pencil’s system for scoring golf outings.

State Journal: Fourteen Madison area companies advance in BPC

April 18, 2014

Twenty-four companies — including 14 from the Madison area — have made the second cut and are moving forward as finalists in the Wisconsin Governor’s Business Plan Contest.

UW-Milwaukee student entrepreneurs win Wisconsin Big Idea

April 17, 2014

UW-Milwaukee student entrepreneurs placed first in UW-Extension’s inaugural Wisconsin Big Idea Tournament and will represent the state at the International Business Model Competition.

Latest 'WisBusiness: The Show' features Robert Hopton of Idle Free Systems

April 17, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum speaks with Idle Free Systems chief executive officer Robert Hopton about his company's work to eliminate extended idling by trucks and buses; Tom Still discusses start-ups and scale-ups in Wisconsin; and the WisBusiness.com Stock Report covers Exact Sciences and the state's jobs picture.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

State Journal: Sniffing out infections with Isomark's Canary breath analyzer

April 16, 2014

What if a doctor could tell you have an infection even before any symptoms appear? That’s the idea behind Isomark’s Canary breath analyzer. The technology, based on UW-Madison research and licensed from the Wisconsin Alumni Research Foundation, has just come through its proof of concept test, conducted at UW Hospital, said Joe Kremer, CEO of the Madison company.

Nordic Consulting to sponsor complimentary wi-fi at the Dane County Airport

April 16, 2014

Beginning April 15, 2014, Nordic Consulting will begin a three-year sponsorship of the complimentary wireless Internet access at the Dane County Regional Airport.

From software to medical devices, BPC finalists show state’s technology range

April 16, 2014

Twenty-four entries representing sectors as broad as software, agriculture, water technology, medical devices and innovations in manufacturing are competing in the finalist round of the 11th annual Wisconsin Governor’s Business Plan Contest.

Daily Cardinal: Gov. Walker signs bill allowing classified research in UW System

April 16, 2014

Among the 55 bills Gov. Scott Walker signed into law April 16 was Assembly Bill 729, which will alter the rules currently in place across the University of Wisconsin System prohibiting classified research.

Renaissance Learning CEO Lynch to speak June 3 at Entrepreneurs’ Conference

April 15, 2014

John “Jack” Lynch Jr., chief executive officer of Renaissance Learning, a Wisconsin-based online education company recently purchased for $1.1 billion, will speak June 3 at the 12th annual Wisconsin Entrepreneurs’ Conference in Madison.

Stratasys strengthens materials development capabilities with acquisition

April 11, 2014

Stratasys Ltd., a leading global provider of additive manufacturing solutions, announced that it has entered into a definitive asset purchase agreement to acquire certain assets of Wisconsin-based Interfacial Solutions.

Inside Wis: With company life spans growing shorter, young companies help fill gap

April 11, 2014

The increasingly dynamic nature of the economy means that while workers themselves may be living longer, companies are not.

JSOnline: State among worst-performing for entrepreneurship, report finds

April 11, 2014

Wisconsin continues to rank among the worst-performing states as measured by its rate of entrepreneurial activity and the size of its decline in entrepreneurial activity over the last decade, according to a report by the Ewing Marion Kauffman Foundation.

It's a wrap! Read press coverage of the April 7 Wisconsin Tech Summit

April 10, 2014

Read coverage of the April 7 Wisconsin Tech Summit, held at the GE Healthcare Institute in Waukesha.

Inside Wis: Getting behind the numbers on why new company creation is important

April 4, 2014

Small businesses account for 65 percent of net, new private-sector jobs, according to federal figures, and businesses between one and 10 years old create 40 percent of all jobs. The Ewing Marion Kauffman Foundation in Kansas City, Mo., which follows entrepreneurship nationally, has also attributed most net new jobs to young companies. It’s why the debate over company creation in Wisconsin will command attention as the election year gathers steam.

Journal Sentinel: Israeli maker of 3D printers acquires Interfacial Solutions

April 4, 2014

Stratasys Ltd., a Rehovot, Israel, maker of 3D printers with a large presence in Minneapolis, said Friday it has agreed to buy certain assets of Interfacial Solutions LLC, a privately held company near River Falls that provides research and development and production services to the plastics industry.

Journal Sentinel: BizStarts unveils new offices at Schlitz Park

April 3, 2014

BizStarts Milwaukee, a nonprofit that helps companies grow, unveiled a new headquarters and an expansion of its services Wednesday at a reception for business and political leaders.

The new offices are in Schlitz Park in downtown Milwaukee. The expanded services, called BizForge, are organized around three areas: academic; money, management and operations; and deals. They are being offered to a wider range of entrepreneurs and companies beyond those with the potential for the most rapid growth, said Dan Steininger, BizStarts' president.

State Senate passes classified research bill, 33-0; on to governor for signing

April 1, 2014
In the closing day of its spring session, the Wisconsin Senate voted, 33-0, to approve a bill which establishes a system that would allow the UW System to pursue classified research contracts and grants. The bill was passed, 99-0, last month by the Wisconsin Assembly and now goes to Gov. Scott Walker for his approval. 

Latest 'WisBusiness: The Show' features director of UW-Madison's D2P initiative

March 28, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum speaks with John Biondi about the new "Discovery to Product" initiative at UW-Madison; Tom Still discusses numerous ways to draw a younger population to Wisconsin; and the WisBusiness.com Stock Report for late March 2014 includes the Manitowoc Co. and aircraft manufacturing.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Journal Sentinel: ZoomShift aims to build simple products that solve problems

March 28, 2014

Making things easy — building simple products that solve people's problems — is the starting point for ZoomShift Inc.'s founders, neither of whom had much software code-writing experience before starting the company.

Journal Sentinel: FDA panel recommends Exact Sciences' cancer screening test

March 28, 2014

Exact Sciences Corp. said March 27 that a U.S. Food and Drug Administration advisory panel has unanimously approved its DNA-based, noninvasive colon cancer screening test, paving the way for potential market approval.

Inside Wis: Angels in the cornfields: Investing not just a big-city game

March 28, 2014

Inside the Nohr Art Gallery on the UW-Platteville campus, 15 or so people gathered last week to talk about a lot more than the paintings and photographs on the walls. The topic was angel investing, a subject usually discussed on the nation’s coasts and larger cities, but increasingly part of the conversation in states such as Wisconsin.

Journal Sentinel: Michael Lovell's move is a net gain for Milwaukee, biz leaders say

March 27, 2014

While a shock to the University of Wisconsin-Milwaukee, the departure of highly regarded Chancellor Michael Lovell for the top post at Marquette University will prove to be a net gain for the area, business leaders said March 26.

Lineup of emerging companies, major firms set for Wisconsin Tech Summit

March 27, 2014

Sixteen major companies will take part in about 200 “speed dating” meetings with 54 emerging companies during the inaugural Wisconsin Tech Summit, to be held April 7 at the GE Healthcare Institute in Waukesha.

Journal Sentinel: The Art Commission raises $200,000 from investors

March 26, 2014

The Art Commission LLC, which operates an online community of artwork collaborators, has raised $200,000 from existing investors.

Wis. Rapids Tribune: Renaissance Learning CEO confident about company's future

March 26, 2014

Renaissance Learning’s recent price tag might have surprised some people, but not the company’s chief executive officer.

State Journal: Six finalists named for Pressure Chamber competition

March 26, 2014

Six young Madison companies have been chosen to face off in the Pressure Chamber for a chance to meet with West Coast investors.

WisBusiness: 'New kids’ on the UW tech transfer block discuss their mission

March 26, 2014

The University of Wisconsin System’s technology transfer efforts have gotten a major boost in recent weeks, thanks to the addition of four leaders who are heading programs aimed – in large part – at turning ideas into companies and jobs. 

Tom Still, president of the Wisconsin Technology Council, calls the four – all of whom come from outside the UW System – “talented new kids on the block who will help lead economic development efforts to a new level of sophistication.

Still in JSOnline: Graying of Wisconsin shows challenge in filling tomorrow's jobs

March 24, 2014

The demographic challenge for Wisconsin is best summarized by a few statistics that help to explain why it's also a workforce challenge.

Inside Wis: Wisconsin, Midwest slowly finding way on to investors’ radar screens

March 21, 2014

Inside the sparkling new offices of Nordic Consulting, a firm that has grown from a handful of health information technology experts to 400 employees and more than 90 customers, three venture capitalists from Boston sat down recently to talk about what they’re seeing in Wisconsin.

TechCrunch.com: For tech investors, the Midwest is flyover country no more

March 20, 2014

These days, Midwestern entrepreneurs and investors are seeding more than just fields. A resurgent U.S. technology industry, propelled by strong initial public offerings and a healthy M&A market, as well as the launch of technology infrastructure services from companies like Amazon and Microsoft, has meant that entrepreneurs across the Rust Belt and Farm Belt are starting new technology companies in addition to more traditional manufacturing.

Xconomy: Boston VCs see Madison healthtech play following Nashville’s path

March 20, 2014

On Tuesday, Madison got an endorsement from Boston venture capitalists who are starting to take notice of the entrepreneurial activity happening here, including in health information technology.

Journal Sentinel: National Business Furniture virtual showroom offers live demos

March 20, 2014

Welcome to National Business Furniture Inc.'s virtual showroom. The Milwaukee-based company recently added a feature to its website, connecting prospective customers with sales representatives who use video cameras to display furniture. It amounts to live product demonstrations conducted through the Internet, said Kent Anderson, company president.

State Journal: Executive Q&A, Mark Sherry sees renewed surge of projects in 2014

March 17, 2014

Mark Sherry, 50, started with Mortenson Construction in 1987 and initially worked as a junior estimator in Minneapolis. He moved to the Milwaukee office in 1993 and has remained there for 21 years, leading that branch starting in 2000 and adding the Madison office when it opened.

Journal Sentinel: Renaissance Learning is sold to San Francisco firm for $1.1B

March 14, 2014

Wisconsin Rapids education technology company Renaissance Learning Inc. is being sold for $1.1 billion, less than three years after the company was sold for less than half that amount.

Inside Wis: Principle of ‘creative destruction’ means churn and learn for economy

March 13, 2014

As American TV & Appliance prepares to shut its doors, lessons about competing on quality, service, product and price can be found in recent company expansions in Wisconsin.

Latest 'WisBusiness: The Show' features new 4490 Venture Fund director

March 13, 2014

On the latest episode of “WisBusiness.com: The Show,”  Liz Schrum interviews Greg Robinson of the 4490 Venture Fund; Tom Still comments on science, technology, engineering and math education (or "STEM" education) in Wisconsin; and the WisBusiness.com Stock Report features the city of Green Bay and the status of mass layoffs in Wisconsin.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Biz Plan Contest boot camp puts 70 entrepreneurs through startup paces

March 12, 2014

More than 70 entrepreneurs from communities across the state took part in the annual “boot camp” sponsored as a part of the 11th annual Wisconsin Governor’s Business Plan Contest

State Journal: Robert Schumann, Madison high-tech pioneer, dies at 93

March 11, 2014

Robert W. Schumann, widely regarded as the father of Madison’s high-tech industry, died Thursday at the age of 93. He helped start a number of high-tech companies in the Madison area, including Nicolet Instrument Corp. and what would become Tracor Northern in Middleton.

Journal Sentinel: Veteran entrepreneur to direct D2P initiative at UW-Madison

March 11, 2014

The former chief executive of several early stage technology companies has been named to head the Discovery to Product project at the UW-Madison. John Biondi, who has led Xolve and C-56 Technologies among other companies, will lead an initiative to accelerate formation of businesses based on discoveries at UW-Madison.

Middle and high school students can enter Wisconsin YES by March 17

March 10, 2014

The statewide Wisconsin YES! youth business plan contest will close to entries 5 p.m. Monday, March 17.

Gov. Scott Walker proclaimed the week leading up to the March 17 deadline as the “Celebration of STEM Education Week” statewide. STEM components, which include science, technology, engineering and mathematics, are considered vital to the intellectual and economic future of Wisconsin.

Still in Journal Sentinel: Sometimes even state government gets in way of business

March 10, 2014

Several issues making the rounds in or around the state Capitol illustrate how the federal-state balancing act can affect the business community, for better or worse.

Healthcare Informatics: Can Propeller Health propel us into the future?

March 10, 2014

I have seen the future of healthcare information technology and it is in Madison, WI.  No, I’m not talking about Epic, the behemoth that bestrides the world of EMRs, although clearly they are part of that future. I am talking about a small, startup, Propeller Health.

Techcrunch.com: Madison software startup, Drifty, raises $1M

March 10, 2014

Drifty, a participant in the TechStars Cloud 2013 incubator, and makers of a suite of tools for mobile developers building apps and websites, most notably, the Ionic framework, has closed on a million in seed funding, the company is announcing. The funding comes from Arthur Ventures, and will help the company grow its team and continue development on the Ionic framework.

Inside Wis: Amid debate over Common Core, STEM consensus offers lesson

March 7, 2014

Gov. Scott Walker and others may have their problems with Wisconsin’s Common Core standards, which have been in the works since 2009, but when it comes to STEM education, his office proclaimed next week as “STEM Week” in Wisconsin. The Wisconsin Department of Public Instruction recently rolled out a modest grants program for schools that want to enhance STEM programs, and many statewide groups are working to make science, technology, engineering and math a bigger part of the curriculum.

Journal Sentinel: New venture capital fund names general partner

March 5, 2014

A new venture capital fund that will concentrate on Wisconsin-based information technology companies has named its general partner.

Greg Robinson, a veteran of the Silicon Valley venture scene, will oversee the $30 million fund created last year by the State of Wisconsin Investment Board and the Wisconsin Alumni Research Foundation.

State Journal: Proposed law would bring national security research to UW

March 5, 2014

Classified national security research could be done by University of Wisconsin System professors if a bill currently before the Legislature passes.

Journal Sentinel: New businesses tap into Global Water Center development

March 3, 2014

With last fall's opening of the Global Water Center, and the creation of a neighboring business park, more apartments, restaurants and other developments are coming to the Walker's Point area, south of downtown Milwaukee.

Journal Sentinel: Al Zeise plans angel investment group for Green Bay area

March 3, 2014

To Al Zeise, a Green Bay-area entrepreneur, there's a simple formula for starting a company: find a problem, solve it and commercialize it. It's a formula Zeise has successfully used in the last two decades. He's founded or co-founded at least 10 companies. And he's made other investments through his involvement in two existing angel/venture funds.

Now Zeise is aiming to establish something his home turf is short on: an angel investing group. Zeise will hold an invitation-only meeting in De Pere on March 12 to discuss the planned group with potential members.

 

Latest 'WisBusiness: The Show' features Growth Capital Coalition's Steve Lyons

February 28, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum interviews Steve Lyons from the Wisconsin Growth Capital Coalition about the classified research bill being discussed in the Legislature; Tom Still explains what the recent Google Capital investment in Renaissance Learning could mean for the state's tech sector; and the WisBusiness.com Stock Report covers Renaissance Learning and S.C. Johnson.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Inside Wis: Tech-based innovation across America; Wisconsin is far from alone

February 28, 2014

As the Wisconsin Legislature rolls toward a spring wrap-up of its work, economic development items on its agenda range from protecting intellectual property from “patent trolls” to setting the stage for more classified research to rethinking the state’s sore-thumb tax on capital raised by many young companies.

State Journal: Celebrating Sonic Foundry's family tree at Feb. 25 WIN meeting

February 26, 2014

If Fitchburg life sciences products company Promega Corp. is one of the grandfathers of the Madison area’s biotech industry, and electronic health records developer Epic Systems Corp., Verona, is the trigger for a growing health information technology cluster, then Sonic Foundry deserves credit as a nexus of all sorts of entrepreneurship.

That was the idea behind a presentation of the Wisconsin Innovation Network (WIN) on Tuesday, featuring former Sonic employees who, among them, have started at least seven new companies.

Fifty-two of 292 entries advance to next round in 2014 Governor's Biz Plan Contest

February 26, 2014

Fifty-two entries from 26 communities have advanced to the semi-final round of the 11th annual Wisconsin Governor’s Business Plan Contest, contest producers announced Wednesday.

Isthmus: Epic is positioning Dane County for an economic breakthrough

February 25, 2014

This is the big question: How far can Dane County ride Epic's success?

Done right, we're talking about the foundation for Dane County's 21st-century economy being built on the medical software industry: lots of good-paying information technology jobs that fuel an expanding housing market, a glittering downtown with hip restaurants and music clubs, a rising tax base to fund new community services and a lot more resources to deal with the serious problems of poverty.

Journal Sentinel: Oil spill cleanup by sponge, scientists tout tidy technology

February 25, 2014

In a development arising from nanotechnology research, scientists in Madison have created a spongelike material that could provide a novel and sustainable way to clean up oil spills. It's known as an aerogel, but it could just as well be called a "smart sponge."

Sixty-eight applications received for Tech Summit; Intel added to list of major firms

February 25, 2014

Sixty-eight emerging companies in sectors as varied as data analytics, medical devices and software have applied to meet with major companies that will take part in the inaugural Wisconsin Tech Summit. The April 7 event at the GE Healthcare Institute in Waukesha will feature a “speed dating” format through which selected companies will meet with representatives of 14 major companies: American Family Insurance, Aurora Healthcare, AT&T, Faith Technologies, GE Healthcare, HP Enterprise Services, IBM, Intel, Johnson Controls, Kraft Foods, Plexus, Runzheimer International, Rockwell Automation and TASC (Total Administrative Services Corp). The latest addition to the major company list is Intel, which has investments in a number of emerging companies.

Still in Journal Sentinel: Tech Summit aims to align state's business orbits

February 24, 2014

Produced by the Wisconsin Technology Council and partners that include some well-known Milwaukee-area companies, the Tech Summit will provide an organized way for young companies and corporate giants to meet and explore likely business relationships around technology needs and innovation.

Latest 'WisBusiness: The Show' features Jim Morgan of WMC Foundation

February 24, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum interviews Jim Morgan of the WMC Foundation about the Future Wisconsin initiative; Tom Still explains why Assembly Bill 729 could help Wisconsin's research sector; and the WisBusiness.com Stock Report discusses startup businesses and the paper industry.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Johnson Controls' Wright, UWM's Lovell to speak on partnership at Tech Summit

February 21, 2014

MaryAnn Wright, vice president of engineering and product development for Johnson Controls Inc., and UW-Milwaukee Chancellor Mike Lovell are scheduled to speak at the Wisconsin Tech Summit, to be held April 7 at the GE Healthcare Institute in Waukesha, Wis.

Journal Sentinel: Google Capital takes $40 million stake in Renaissance Learning

February 20, 2014

Google Capital has invested $40million to take a minority stake in Renaissance Learning Inc., a Wisconsin Rapids education technology company, the firms said Wednesday.

WEDC, Milwaukee Institute announce grant winners

February 19, 2014

The Wisconsin Economic Development Corp. and Milwaukee Institute today announced the winners of its 2014 Computational Science Challenge Grants designed to accelerate product development and research utilizing Wisconsin’s very own high-performance computing (HPC) and storage resources.

Inside Wis: In small ways, Wisconsin still makes it hard on emerging companies

February 19, 2014

With angel and venture capital investment dollars scarce for many young companies, the question arises: Why is Wisconsin virtually alone in taxing capital raised by those companies?

Wisconsin Institute for Discovery's Krakauer to speak at April 7 Tech Summit

February 18, 2014

David Krakauer, the first permanent director of the Wisconsin Institute for Discovery, will speak at the Wisconsin Tech Summit, to be held April 7 at the GE Healthcare Institute in Waukesha, Wis.

Higher education committee sends classified research bill to Assembly floor

February 18, 2014
The Assembly Committee on Colleges and Universities voted unanimously Feb. 18 to approve Assembly Bill 729, which establishes a system that would allow the UW System to pursue classified research contracts and grants.

Journal Sentinel: ZBB loss shrinks on new project

February 14, 2014

ZBB Energy Corp. reported a smaller quarterly loss Thursday even as sales fell to $961,000 from $2.75 million.

Journal Sentinel: UW, state launch fund to help commercialize ideas, technology

February 14, 2014

A $2 million fund to help faculty and students on University of Wisconsin campuses commercialize ideas and potentially create new businesses and jobs was launched Thursday by the UW System and the Wisconsin Economic Development Corp.

Journal Sentinel: AquaMost strives to capitalize on fracking boom

February 14, 2014

In drilling for gas and oil, one of the biggest problems is water. Companies using fracking methods to extract gas and oil from previously unreachable rock formations must have the right quality of water to inject at high pressures into their wells, and they need to figure out what to do with the contaminated water that results. Among companies working to address these issues is Madison-based AquaMost LLC.

Inside Wis: Behind the Obamacare numbers; the (re)rise of the creative class

February 14, 2014

Just when you thought you had the politics of the pro- and anti-Obamacare debate figured out, along come some pesky numbers to upset your thinking.

Xconomy: Former Wisconsin Gov. Thompson wants to form angel fund

February 14, 2014

Former Wisconsin governor Tommy Thompson has aspirations for starting an early-stage investment fund—that’s if he can achieve a few exits this year with his current personal investments. Thompson made the comments Thursday afternoon at a luncheon in Wauwatosa, WI, hosted by the Wisconsin Innovation Network, an arm of the Madison-based Wisconsin Technology Council.

Xconomy: Wisconsin restaurant ordering platform EatStreet raises $3.7M

February 14, 2014

EatStreet, the online restaurant ordering platform based in Madison, WI, has raised $3.7 million in a financing round, according to a document filed this month with the U.S. Securities and Exchange Commission.

WisBusiness: Thompson ponders personal investment in state health start-ups

February 14, 2014

Former GOP Gov. and national health secretary Tommy Thompson said he hopes to sell off four of his businesses within the next year and start an angel fund to help Wisconsin start-ups focusing on health care technology. Thompson made the comments in a presentation Thursday to about 50 entrepreneurial hopefuls at a Wisconsin Innovation Network meeting in Wauwatosa. Some attendees raised their hands and asked him point-blank for money.

Experienced executive LaBelle to lead Office of Corporate Relations

February 13, 2014

Susan LaBelle, a veteran private sector executive and economic development leader who has taught in the UW-Madison master's in biotechnology program, has been selected to head the university's Office of Corporate Relations.

Journal Sentinel: Fund Milwaukee investment network reaches $1 million mark

February 12, 2014

Fund Milwaukee, a grass-roots investment network providing an alternative to traditional business financing, has hit a milestone — more than a million dollars advanced to small local firms.

WKOW: Policy may be lifted to allow classified research at UW

February 12, 2014

State lawmakers are looking to change a University of Wisconsin System research policy that dates back to the Sterling Hall Bombing of August 24th, 1970.

Journal Sentinel: Cancer drug company Novelos changes name to Cellectar

February 11, 2014

Novelos Therapuetics Inc., a publicly traded developer of drugs for the treatment and diagnosis of cancer, has changed its name to Cellectar Biosciences Inc. Cellectar is in the process of moving its headquarters back to Madison from Newton, Mass. The company was founded in Madison in 2003 by University of Wisconsin-Madison professor Jamey Weichert.

Journal Sentinel: Baird Venture Partners to raise $150 million for fourth fund

February 11, 2014

Baird Venture Partners, a division of Milwaukee-based Robert W. Baird & Co., plans to raise $150 million for a fourth fund, according to a filing with the U.S. Securities and Exchange Commission.

Cap Times: Environmental business center eyed for East Wash

February 11, 2014

Imagine a showcase building in downtown Madison featuring entrepreneurs, nonprofits, technology companies and financiers all interested in environmental sustainability. The concept has been floating around for a couple of years but is moving forward with the recent hiring of the group involved with development of Chicago’s "Green Exchange," the country's largest sustainable business community.

CDI, Novelos to present in New York City at investor conferences

February 10, 2014

Two Madison-based biotechnology companies will present at separate investor conferences in New York City this week.

Bill helps UW researchers meet national, economy needs with cybersecurity work

February 10, 2014

Enhancing cybersecurity to protect against threats from abroad, as well as close to home, is a national priority that touches just about everyone in our digital age. The risks can range from breaches of department store credit card data to attacks on America’s lifelines – including its energy grid, its water supply, its health-care institutions and its financial institutions. Read Milwaukee Journal Sentinel version of Tom Still's column here.

Inside Wis: Patent lawsuits, jet fuel from plants, angel investing and more

February 7, 2014

The Wisconsin Alumni Research Foundation isn’t the only organization accusing Apple Inc. of infringing on a high-tech patent.

Nearly 300 entries received for this year’s Governor’s Business Plan Contest

February 6, 2014

Entrepreneurs from 87 communities across Wisconsin submitted 292 entries in the 11th annual Wisconsin Governor’s Business Plan Contest, contest organizers announced Thursday.

Journal Sentinel: MobCraft Beer lets fans dream up, vote on brews' flavors

February 6, 2014

Madison's MobCraft Beer LLC bills itself as the world's first completely "crowdsourced" brewery. It brews small batches of craft beer based on recipes or ideas submitted by beer drinkers.

Journal Sentinel: Microsoft names UWM grad as CEO to replace Steve Ballmer

February 5, 2014

Microsoft named University of Wisconsin-Milwaukee grad Satya Nadella as its next CEO, only the third leader in the company's 38-year history. The announcement lifts to the top of one of the world's best known companies a relatively young man — Nadella is 46 — who 25 years ago studied graduate-level computer science at UWM.

Journal Sentinel: Lawsuit accuses Apple of infringing on UW patent

February 5, 2014

A thin piece of silicon that serves as the brain of the latest high-end iPhones and iPads is at the heart of a lawsuit the Wisconsin Alumni Research Foundation has filed against Apple Inc.

At issue is whether Apple's A7 processor — used in the iPhone 5S, theiPad Air and the iPad mini with Retina display — incorporates technology patented by Gurindar Sohi and three other University of Wisconsin-Madison professors in 1998.

Journal Sentinel: Somna Therapeutics raises $700,000 from angel investors

February 4, 2014

Somna Therapeutics has raised $700,000 from individual angel investors, an amount the company says will allow it to market its adjustable neck band that keeps stomach acid from rising into the throat.

"This is an encouraging sign for others of how a company that started just a few years ago in Wisconsin is continuing to attract angel investment," said Dan Blake, director of the Wisconsin Angel Network.

Journal Sentinel: Ousted funeral trust investment managers form venture fund

February 4, 2014

Michael and Patrick Hull, two Madison stockbrokers whose aggressive money management strategies led to a shortfall of as much as $24.5 million in the Wisconsin Funeral Trust, aim to raise a $30 million venture capital fund with Teresa Esser, managing director of the Silicon Pastures angel investing group.

"Access to larger pools of capital, especially international pools, can be an important part of the game today when it comes to building a fund," said Tom Still, president of the Wisconsin Technology Council. "It will be interesting to watch the development of Greenpoint, given the varied experience of the players and their connections to the Asian markets."

Inside Wis: Connecting emerging companies, major firms is goal of Tech Summit

February 3, 2014

Produced by the Wisconsin Technology Council and partners that include the Wisconsin Economic Development Corp., the Wisconsin Tech Summit will provide an organized way for young companies and corporate giants to meet and explore likely business relationships around technology needs and innovation.

Emerging companies can apply to meet with major firms at April 7 Tech Summit

February 3, 2014

Emerging companies can apply through Feb. 24 to meet with major firms and explore likely business relationships around technology needs and innovation as part of the first annual Wisconsin Tech Summit.

Top 10 reasons to enter the 2014 BPC; Deadline is 5 p.m. Jan. 31

January 30, 2014

The entry deadline for the 11th annual Wisconsin Governor’s Business Plan Contest is 5 p.m. Jan. 31. Don’t miss an opportunity to share in more than $100,000 in cash and in-kind prizes. Get started at www.govsbizplancontest.com! Here are 10 reasons you should enter your business idea.

Latest 'WisBusiness: The Show' features BrightStar fund vice president

January 29, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum interviews Lorrie Keating Heinemann of the BrightStar Wisconsin Foundation, the non-profit organization that is jump-starting the early stage investment field; Tom Still discusses advancements and opportunities in farm science and technology; and the WisBusiness.com Stock Report for late January 2014 covers biotechnology and the bitter cold weather.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, as well as archives of past shows. The show is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Milwaukee Institute Computational Science Challenge Grant deadline is Jan. 31

January 28, 2014

Small- and medium-size Wisconsin businesses have until Jan. 31 to apply for grants of up to $50,000 to receive access to specialized high-performance computing systems and services under a program sponsored by the Milwaukee Institute, the Wisconsin Economic Development Corp. and Mason Wells. The program is geared toward businesses that can benefit from financial support for projects requiring modeling, simulation, visualization, analytics on high-performance computing systems. 

2014 Governor’s Export Achievement Awards application deadline is Jan. 31

January 28, 2014

State businesses that would like to be acknowledged for their efforts in exporting have until Jan. 31 to apply for the 2014 Governor’s Export Achievement Awards.

Prize list grows for Gov's Business Plan Contest; Jan. 31 is deadline to enter

January 28, 2014

Entrants in the 2014 Wisconsin Governor’s Business Plan Contest will once again compete for more than cash this year. The entry deadline for the 11th annual contest is 5 p.m. Jan. 31 at www.govsbizplancontest.com.

'Wisconsin YES' youth biz plan contest open for entries online through March 17

January 27, 2014

Wisconsin Youth Entrepreneurs in Science, a statewide youth business plan contest modeled after the successful Governor’s Business Plan Contest, is open for online entries from Wisconsin middle- and high-school students through 5 p.m. March 17, 2014.

Inside Wis: Science, information can help farming survive tough regulatory climate

January 24, 2014

In a society where fewer and fewer people have any ties to farming, even a generation or two removed, how will agriculture meet its many challenges? Managing information better and using science and technology to solve problems will be part of the answer.

Area Development Online: State's bioscience industry achieves global recognition

January 23, 2014

Wisconsin’s bioscience industry continues to expand, often led by spinoff companies that are established to commercialize groundbreaking university research.

Record number of judges to screen entries in 2014 Wis. Governor's Biz Plan Contest

January 20, 2014

More than 85 judges have volunteered to judge entries in the 2014 Governor’s Business Plan Contest, a record number that includes judges from a cross-section of disciplines that help define Wisconsin’s startup culture.

Journal Sentinel: State-sponsored venture capital effort shaping up

January 20, 2014

Sun Mountain Kegonsa, selected to oversee the state-sponsored venture capital effort, envisions creating a handful of funds across Wisconsin that seeds as many as 100 early-stage, job-creating companies and breeds a new generation of young venture capitalists.

Inside Wis: Striking an energy generation balance

January 17, 2014

One speaker after another at the Renew Wisconsin Policy Summit cited examples of how other states, often Midwest neighbors but also politically “red” states around the country, are forging ahead with strategies that involve solar, wind, biomass and other renewable generation sources.

Milwaukee Biz Journal: Promentis Pharmaceuticals raises $2.9M

January 16, 2014

Promentis Pharmaceuticals Inc. of Milwaukee, which is developing compounds for treating schizophrenia and other central nervous system disorders, has attracted $2.9 million in a second round of capital-raising.

Watch Lt. Gov. Kleefisch video on why 'treps should enter the Biz Plan Contest

January 15, 2014

Lt. Gov. Rebecca Kleefisch encourages Wisconsin entrepreneurs to enter the 11th annual Wisconsin Governor’s Business Plan Contest in a two-minute video describing the contest and its results over time.

Journal Sentinel: Animal researcher leads effort to help UW-Madison entrepreneurs

January 15, 2014

Mark Cook is interim director of Discovery to Product, or D2P, a new UW-Madison effort created to coordinate all of the entrepreneurial support programs across campus and develop university research with the most commercial promise.

"It's going to create a whole change in the entrepreneurial spirit on campus," Cook said.

Latest 'WisBusiness: The Show' features Rose Oswald Poels of WBA

January 15, 2014

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum talks with Rose Oswald Poels of the Wisconsin Bankers Association about how new lending laws will affect mortgage borrowers and lenders; Tom Still discusses exciting new prospects for Wisconsin's early stage investors in 2014; and the WisBusiness.com Stock Report for mid-January 2014 includes the port of Green Bay and alternative energy. 

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Madison Vaccines closes $8 Million Series A financing

January 14, 2014

Madison Vaccines Incorporated (MVI), a clinical stage biopharmaceutical company focused on advancing innovative therapies for prostate cancer, announced an initial close of an $8 million Series A financing. 

Journal Sentinel: Visteon buying Johnson Controls unit for $265 million

January 14, 2014

Johnson Controls Inc. has agreed to sell its automotive electronics business for $265 million to Visteon Corp., bringing to nearly $1 billion the proceeds from the company's recent divestitures.

Still in Journal Sentinel: Wisconsin poised for ‘Year of the Investor’

January 12, 2014

Will 2014 be the “Year of the Early Stage Investor?” While mid-January is a bit early to make predictions for the next 50 weeks, there are some encouraging signs that angel, venture and other private equity investors are warming to Wisconsin’s startup and emerging companies.

Journal Sentinel: Shorewood company advances in water startup contest

January 10, 2014

Wellintel Inc., a Shorewood start-up  developing an inexpensive system to give homeowners with wells more information than ever before about their water supply, has been chosen as a finalist in  Imagine H2O's  Global Water Start-up Competition.

Journal Sentinel: New leader named for UW technology transfer organization

January 10, 2014

WiSys Technology Foundation Inc., the technology transfer agent for the University of Wisconsin System, has a new executive director and a new chairman.

Journal Sentinel: Ray Cross chosen as University of Wisconsin System president

January 10, 2014

Statement from Tom Still, president of the Wisconsin Technology Council:

“Chancellor Ray Cross is an educator who understands business and the necessary linkages between the two. His background in New York as well as the UW System speaks to his ability to work across private and public lines to get things done. He appreciates entrepreneurship and knows the value of emerging companies, beyond the startup level, in moving regional economies ahead. He will provide excellent leadership for the UW System and serve as a trusted partner in the communities those campuses serve.”

Xconomy: Milwaukee, Chicago VCs bullish on Wisconsin startups

January 10, 2014

The amount of startup activity in Wisconsin over the past few years, particularly forming new funding sources and supporting tech startups, has venture capitalists from Milwaukee and Chicago cautiously bullish about the state’s entrepreneurial ecosystem. That was the consensus from a Thursday panel discussion between VCs hosted by the Wisconsin Technology Council ’s Wisconsin Innovation Network in Wauwatosa, a suburb of Milwaukee.

Tech Council praises state's selection of Sun Mountain Kegonsa for venture program

January 10, 2014

The Wisconsin Technology Council applauded the state's selection Friday of Sun Mountain Kegonsa as the manager of the early stage capital program that will invest in Wisconsin's most promising startup companies.

Inside Wis: Book captures comical interface between health care codes and art

January 10, 2014

The build-up to I.C.D.-10, a new set of computerized medical codes, is why a group of Madison-based health IT experts and artists combined to produce “Struck by Orca,” an illustrated guide to some of the more obscure and often hilarious situations that have found their way into the federal code.

WisBusiness: Abele pushes for focus on startup culture

January 10, 2014

At a startup-themed Wisconsin Innovation Network meeting, Milwaukee County Executive Chris Abele said he would like to see state startup investment become a conversation point in the governor's race.

Journal Sentinel: Stemina lands $10M contract with EPA for toxicology testing

January 9, 2014

Stemina Biomarker Discovery Inc. said Thursday is has received a contract from the Environmental Protection Agency that will generate more than $10 million of revenue over the next five years.

Journal Sentinel: Gener8tor accepts five startups to business accelerator program

January 6, 2014

Gener8tor has accepted five young companies, including a water measurement start-up from Mexico, into its 12-week-long winter program.

Journal Sentinel: Wisconsin startups attracting investors

January 4, 2014

From an entrepreneurial perspective, it was as if Wisconsin awoke from a long slumber in 2013. Support for a vibrant start-up community, which many say is needed to boost the state's mediocre business growth trends, finally appears to be gaining steam.

Journal Sentinel: Rockwell leading way in next industrial revolution

January 4, 2014

The Internet of tomorrow has arrived, and it's about much more than Facebook, Netflix, Twitter and email, the services we use to connect with one another. This new Internet already has its own acronym, IoT, for "Internet of Things." And while many of its architects are well-known Silicon Valley companies, longtime Milwaukee industrial stalwart Rockwell Automation Inc. has positioned itself at the heart of the phenomenon, which some consider the next industrial revolution.

Inside Wis: It all starts with an idea: Business plan contest offers ‘treps a way to build

December 31, 2013

It all starts with an idea and a plan to take it from cocktail napkin notes to reality. That’s what the Wisconsin Governor’s Business Plan Contest has done for hundreds of entrepreneurs since its inception in 2004.

A New Year's look back - and forward

December 31, 2013

As the Wisconsin Technology Council looks forward to 2014, we want to close out the year with the many accomplishments of our sponsors, members, volunteers, board of directors and staff in 2013.

Inside Wis: Why Boeing should select Wisconsin – and why it’s OK even if it doesn’t

December 30, 2013

Can you name more than one or two major companies that have ever picked up and moved to Wisconsin, especially from farther away than Illinois or Minnesota? It rarely happens.

State Journal: Tech reigns in 2013

December 29, 2013

Whether it was adding space, encouraging young entrepreneurs or even taking one noteworthy company public, the Madison area tech sector dominated much of the business news in 2013.

Still in Journal Sentinel: State must find right mix of job creation, taxation

December 28, 2013
Although largely dismissed by the two major-party candidates for governor at the time, Republican Scott McCallum and Democrat Jim Doyle, the tax-reform plan remains an example of bold thinking about taxes, spending and economic growth. It was Camelot for policy wonks, even if the politics were wrong for the times.

Chinese company acquires Waunakee's Scientific Protein Labs for $337 million

December 26, 2013
A Chinese pharmaeceutical company has agreed to acquire Scientific Protein Labs, based in Waunakee, for more than $337 million. Read more here.

Nominations sought for Governor's Export Achievement Awards

December 19, 2013

The Wisconsin Economic Development Corporation (WEDC) is now accepting nominations for the 2014 Governor’s Export Achievement Awards. Deadline is January 31 for companies that have had exporting success. 

Deadline is Dec. 20 to apply for WEDC's Middle East Trade Venture

December 19, 2013

Wisconsin businesses that want to learn more about exporting to the Middle East and establishing contacts there have until Friday, Dec. 20, to apply for a Global Trade Venture to the United Arab Emirates and Qatar in January.

Latest 'WisBusiness: The Show' features Mark Gehring of Propeller Health

December 19, 2013

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum  talks with Mark Gehring of Propeller Health about his experience with building startup companies; Tom Still discusses the evolving bioenergy field in Wisconsin; and the WisBusiness.com Stock Report covers advanced manufacturing and jobs.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Wall Street Journal: Venture Investors’ Neis on improving returns in Life Sciences

December 19, 2013

Venture Investors' John Neis speaks about the challenge of putting together syndicates for life-sciences investment, how returns are improving and the need for biotech companies to perform after going public.

Inside Wis: Holiday perks includes naughty and nice in Wisconsin politics

December 18, 2013

A source close to the toy industry has once again leaked a copy of Santa’s perks list for Wisconsin politicians and newsmakers. Here’s what the good boys and girls in Madison and Washington will reportedly find in their stockings this Christmas. But they better not pout and they better not cry if an alert district attorney asks why gifts were delivered down chimneys after midnight.

Wisconsin Governor’s Biz Plan Contest open for 2014 entries through Jan. 31, 2014

December 16, 2013

The 11th annual Wisconsin Governor’s Business Plan Contest is accepting entries online for the 2014 competition until 5 p.m. Friday, Jan. 31, 2014. The contest is designed to encourage entrepreneurs in the seed, startup and early growth stages of high-tech businesses in Wisconsin.

State Journal: Progress and pitfalls for our 2013 agenda

December 15, 2013

The State Journal editorial board championed six big goals during the last year. Some of our priorities fared well, including a state investment fund for emerging businesses. Other causes drew strong public support — especially redistricting reform — but stalled because of stubborn lawmakers.

Still in Journal Sentinel: Madison Bioenergy Research Center tackles energy initiatives

December 15, 2013

The nation's three Bioenergy Research Centers — including one in Madison — are cranking out transformative research that is beginning to find its way into companies and the broader economy, said Patricia Dehmer, chief science officer for DOE.

Grow: Communicating Science in the Digital Age

December 13, 2013

Web-based science news has placed a higher burden on scientists to more effectively share their discoveries with the public— a challenge that CALS life sciences communicators are ready to help them meet.

Inside Wis: For small businesses and ‘treps, some year-end advice on health care

December 12, 2013

As 2013 rolls to a close, many wonder: What’s our next step if we want health care coverage in the year ahead? The answer depends a great deal on the size and current coverage plan of your company – and whether you’re a one-person shop.

Journal Sentinel: Wisconsin start-ups put twist on online retail

December 11, 2013

In an increasingly digital world, three Wisconsin start-ups are looking to claim a share of the growing amount of retail dollars flowing online.

Latest 'WisBusiness: The Show' features Bob Okabe of the Angel Resource Institute

December 11, 2013

On the latest episode of “WisBusiness.com:The Show,” Liz Schrum talks with Bob Okabe of the Angel Resource Institute about investmentsin Wisconsin and across the country; Tom Still explains why small businessesmight prefer to wait before taking advantage of the Affordable Care Act; andthe WisBusiness.com Stock Report for mid-December features banks andforeclosures. 

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Program gives Wisconsin businesses access to high-performance computing

December 9, 2013

Wisconsin small- and medium-sized businesses will have the opportunity to gain access to specialized high-performance computing systems and services under a new program unveiled Monday by the Milwaukee Institute, the Wisconsin Economic Development Corporation (WEDC) and Mason Wells. 

Journal Sentinel: UW-Milwaukee proposes microgrid facility

December 9, 2013

The University of Wisconsin-Milwaukee is proposing to create a microgrid combining wind, solar and battery power at a research building in Glendale.

Inside Wis: Ex-governor Thompson finds late second career in health care deals

December 6, 2013

Thompson is the chairman and chief executive officer of Thompson Holdings, a business umbrella under which one of the most familiar names and faces in Wisconsin politics is investing and advising about 30 companies, mostly in the health care space. 

Journal Sentinel: Milwaukee Institute to provide resources to Global Water Center

December 3, 2013

The Milwaukee Institute will provide high-performance computing and storage resources to tenants in the new Global Water Center under the terms of a partnership announced Monday morning.

SupraNet Communications to provide complimentary wireless at MSN for holidays

December 2, 2013

SupraNet Communications, Inc. is excited to offer passengers at the Dane County Regional Airport complimentary wireless Internet for the holiday season.

Journal Sentinel: Zywave sells insurance division

December 2, 2013

Zywave Inc., a software company that employs 366 people in Wauwatosa, has sold its insurance division and the Zywave brand name to Aurora Capital Group, a private equity firm in Los Angeles.

Still in Journal Sentinel: Higher education’s challenges aren’t confined to Wisconsin

December 1, 2013

The same problems and trends that are challenging the University of Wisconsin System these days are confronting other public universities across the country. That was evident at the annual conference of the Association of Public and Land-Grant Universities, held recently in Washington, D.C.

WisBusiness: State insurance exec says small biz should wait out Obamacare tweaks

November 27, 2013

Al Wearing, an insurance executive for Group Health Cooperative of South Central Wisconsin, spoke at the Nov. 26 Wisconsin Innovation Network meeting in Madison. Wearing said that a good deal of the original health reform law has been modified by changes to regulations and delays and it might be best for small employers to sign up for early health insurance renewals and wait out some of the changes.

Latest WisBusiness: The Show features Wendy White Eagle of Native Capital

November 27, 2013

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum talks with Wendy White Eagle of Native Capital about the investment opportunities in the upper Midwestern region; Tom Still explains how colleges and universities in other parts of the country are working to face the challenges in the higher education system; and the WisBusiness.com Stock Report for late November 2013 discusses the Brightstar Wisconsin Foundation and the holiday shopping outlook for this year.  

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric and UW-Milwaukee.

Journal Sentinel: Somna Therapeutics seeks approval for new device

November 26, 2013

Germantown-based Somna Therapeutics has asked federal regulators for approval to market an adjustable band that is worn around the neck at night to keep stomach acid from rising into the throat.

Inside Wis: A Thanksgiving appeal to the great CIO in the sky

November 26, 2013

As we gather this Thanksgiving to share time with family, friends and food, let us count the blessings of our digital age… using zeros and ones only, of course.

Journal Sentinel: Feds approve BrightStar's application to be a tax-exempt organization

November 25, 2013

BrightStar Wisconsin Foundation Inc., a new group with an unusual plan for using charitable donations to make venture investments in young state companies, has received federal approval to operate as a tax-exempt organization.

State Journal: Wisconsin connecting businesses to more countries than ever before

November 24, 2013

Two years ago, Wisconsin could connect local businesses with trade partners in five countries. Today, the number of countries has grown to 36 — more than in any year since the state began offering such assistance in the 1970s. The Wisconsin Economic Development Corp. now contracts with 15 trade representatives, also a record, and at a lower cost than in previous years.

 

State Journal: Grandin has a grand plan for KayO Technology

November 24, 2013
Dave Grandin is CEO of KayO Technologies, which is developing a wireless, hand-held device that he hopes will give the Fitchburg company a handle on the physical and occupational therapy market.

State Journal: UW-Madison's IceCube discovery lands on cover of Science magazine

November 22, 2013

From deep below a sheet of Antarctic ice, UW-Madison researchers have identified invisible cosmic objects they think traveled there from black holes or other unexplored places literally galaxies away. One of the 28 extremely high-energy particles will be on the cover of this week’s Science magazine, fronting a story about the first major discovery announced since the $272 million IceCube project opened at the South Pole in 2010. The IceCube project was the topic of a Wisconsin Innovation Network meeting in February 2011.

Inside Wis: Fifty years after his death, JFK’s science and technology legacy endures

November 22, 2013

The wave of remembrances tied to the 50th anniversary of President John F. Kennedy’s assassination have necessarily stressed his role in pushing the frontiers of space exploration, but his contributions to innovation in other realms of science and technology reach well beyond. 

Latest 'WisBusiness: The Show' features Mark Bakken of Nordic Consulting

November 21, 2013

On the latest episode of “WisBusiness.com: The Show,” Liz Schrum speaks with Mark Bakken, CEO of the Epic consulting firm Nordic Consulting, about the growth potential for health information technology in the state; Tom Still congratulates George Mosher on his recent induction into the Wisconsin Investor Hall of Fame; and the WisBusiness.com Stock Report for mid-November 2013 features Talgo Inc. and the Oshkosh Corp.

The biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and WisBusiness.com, is sponsored by Whyte Hirschboeck Dudek S.C., Madison Gas & Electric, UW-Milwaukee and BMO Harris Bank.

Journal Sentinel: Sonic Foundry grows globally with two acquisitions

November 21, 2013

Sonic Foundry Inc., a Madison provider of video communication services, said Thursday it plans to acquire two companies — one in Japan and the other in the Netherlands — and increase its presence in the global market.

Middle East trade venture provides new opportunities for Wisconsin companies

November 20, 2013

Wisconsin businesses wanting direct market access to two of the world’s wealthiest economies will have a unique opportunity to meet leading customers, importers and other market intermediaries in the United Arab Emirates and Qatar as part of a Wisconsin Economic Development Corp. Trade Venture in January.

Journal Sentinel: Cracked cellphone screens are entrepreneur's business

November 19, 2013

The cracking sound and spider web of shattered glass that comes from dropping your cellphone or tablet is something nobody wants to hear or see — not to mention the expense and mess that follow. But if there's a glimmer of hope that the damaged device can be repaired, that's where Natalya Schilling with Fix Phone Land steps in.

Journal Sentinel: Computer tech support scams targeting Wisconsin residents, BBB says

November 19, 2013

Scammers who claim to be from Microsoft or Windows tech support continue to call Wisconsin consumers, saying the consumer has a virus on their computer. The caller offers to "fix" the alleged problem in an attempt to gain remote access to the computer. Several consumers have fallen for the scam and lost hundreds of dollars, according to the Better Business Bureau Serving Wisconsin.

Wisconsin awards HP $221 million Medicaid contract extension

November 19, 2013

PALO ALTO, Calif. — HP Enterprise Services has announced the Wisconsin Department of Health Services has signed a $221 million agreement for HP to continue its 36-year relationship as the state’s Medicaid fiscal agent.

Still in Journal Sentinel: Ten trends that define tech sector growth in Wisconsin

November 17, 2013

While Wisconsin continues to lag in the creation of net new companies, directions in sectors that are sources of young, high-growth companies promise to help over time. Here are 10 trends shaping the future of Wisconsin’s tech-based economy.

State Journal: The Art Commission changes its name to CODAworx

November 15, 2013

The Art Commission, a Madison online business that connects artists with design professionals, is now called CODAworx (Collaboration of Design + Art).

Forbes: University Research Park one of 12 business incubators changing world

November 14, 2013

University Research Park in Madison, and its MGE Innovation Center that houses many emerging companies when they first arrive at the park, has been listed in a Forbes magazine ranking on "12 business incubators changing the world." Others listed are located in Illinois, Pennsylvania, Texas, California, Georgia, Massachusetts, New Zealand and the United Kingdom. Read more: http://www.forbes.com/pictures/feki45hekd/mge-innovation-center/

Journal Sentinel: UW-Madison launches $3.2M program to encourage entrepreneurship

November 13, 2013

Seeking to push more of the results of its vast research efforts into the marketplace, the University of Wisconsin-Madison on Tuesday announced a $3.2 million program to encourage both dorm-room and faculty-driven entrepreneurship.

Journal Sentinel: Madison startup EatStreet gobbles up more online restaurant orders

November 13, 2013

Three years back, Matt Howard, Eric Martell and Alex Wyler were UW-Madison students with a bright idea and not much money. But they had a solid corps of friends, and sometimes that can get you by. The three are co-founders of EatStreet Inc., a promising young Madison tech firm that supplies restaurants with software for handling online orders. They weren't the first in the field. Other companies — GrubHub, Seamless, Eat24 — were quicker to start plowing this digital-convenience ground, but the Wisconsin crew figured there was still plenty of acreage to cover.

It's a wrap! Read coverage of 2013 Wisconsin Early Stage Symposium here

November 13, 2013

The 2013 Wisconsin Early Stage Symposium attracted more than 550 attendees over two days. Thanks to all who participated! See the full attendee list and read all the coverage of the conference here.

Inside Wis: Philippines typhoon shows need for better storm prediction science

November 12, 2013

Two days after Typhoon Haiyan left a trail of death and destruction in the Philippines, some of the nation’s leading climate scientists gathered at a higher education conference to talk about how to better predict the next mega-storm. Their conclusion: Whether or not people and policymakers buy into the notion of man-made climate change, the science of forecasting the strength, target and frequency of such storms must qualitatively improve. 

Journal Sentinel: MEDC to consider $300,000 investment in HarQen

November 11, 2013

The Milwaukee Economic Development Corp. will meet this week to discuss a potential $300,000 investment in HarQen Inc., a Milwaukee digital voice technology firm. HarQen presented during the Wisconsin Angel Network Investors' Track at last week's Early Stage Symposium.

Inside Wis: Investor George Mosher is example of ups and downs of angel investing

November 8, 2013

Angel and venture capital investing in Wisconsin has many faces. They range from sophisticated fund managers, inside the state and out, who handle multi-million-dollar deals to the casual investor who may join a hometown angel network and take part in one five-digit deal a year. One of the most familiar and humble faces belongs to George Mosher.

State Journal: Would SXSW work in Wisconsin?

November 8, 2013

Out-of-state investors shared advice and offered encouragement to Wisconsin entrepreneurs at a session of the Early Stage Symposium at Monona Terrace on Nov. 5.

State Journal: Pitching for investors at the Elevator Pitch Olympics

November 7, 2013

From companies with back pain solutions to live golf scores to crowdsourced beer, entrepreneurs gave it their best shot Wednesday at the Elevator Pitch Olympics in Madison. The event capped the two-day Early Stage Symposium at Monona Terrace and featured 16 young companies. Each had 90 seconds — about the time it can take to ride up an elevator in a tall, Wall Street-type building — to sum up their mission and lure investors into taking a longer look.

Journal Sentinel: American Family Insurance touted for involvement in startup scene

November 7, 2013

American Family Insurance is leading the way among state companies in terms of its involvement in Wisconsin's entrepreneurial scene, a State of Wisconsin Investment Board portfolio manager said Wednesday.

State Journal: Elevator Pitch Olympics photo gallery

November 7, 2013

See pictures of the ninth annual Elevator Pitch Olympics, held Nov. 6 at the Wisconsin Early Stage Symposium in Madison.

WisBusiness: Improving economy boosts attendance at state startup event

November 6, 2013

More than 525 people took part in the Wisconsin Early Stage Symposium at the Monona Terrace Conference Center on Tuesday, up from 488 last year, organizers said. Tom Still, president of the Wisconsin Technology Council, attributed the increased number of attendees at the annual matchmaking event for investors and nascent companies to a slowly improving economy and a broader range of technologies.

WisBusiness: Companies seeking investors find stage at Early Stage Symposium

November 6, 2013

More than 45 early stage companies spanning products as diverse as medical devices, dairy products, a portable jet ski and a diesel aircraft engine presented to potential investors and others during the 2013 Wisconsin Early Stage Symposium.

State Journal: Investors get the hot seat at the Early Stage Symposium

November 5, 2013

Entrepreneurs grilled investors and judged their performances in a lively role-reversal session at the Early Stage Symposium on Tuesday at Monona Terrace. The two-day conference, highlighting some of the area’s promising young companies and letting them make a pitch to an audience of investors, turned the tables at one of the breakout sessions.

Journal Sentinel: Super Angel Fund invests in two Wisconsin startups

November 5, 2013

Wisconsin Super Angel Fund LP, which launched in March with more than $5million to put into early-stage companies, said Tuesday it has invested in two Wisconsin-based startups.

Journal Sentinel: George Mosher to be inducted into Investor Hall of Fame

November 4, 2013

George Mosher, who has invested $20 million in about 150 young companies since selling National Business Furniture, will be inducted Monday night into the Wisconsin Investor Hall of Fame. Mosher will be honored during a dinner with about 50 angel and venture capital investors. The dinner kicks off the Wisconsin Early Stage Symposium, which takes place in Madison on Tuesday and Wednesday.

Still in Journal Sentinel: Program aims to better link UW System, state economy

November 2, 2013

It's a common question, often voiced inside the Capitol and within Wisconsin's business community: How can the University of Wisconsin System better align itself with the state's economic future?

Journal Sentinel: Chris Abele's money at work in venture fund

November 2, 2013

Milwaukee County Executive Chris Abele has committed at least $10 million of his own money to a venture capital fund that will invest in early-stage companies here and around the Midwest.

Top 10 reasons to attend the Nov. 5-6 Wisconsin Early Stage Symposium

November 1, 2013

Still on the fence about attending the annual Wisconsin Early Stage Symposium in Madison? Here are 10 reasons to drop in Tuesday and Wednesday for one of the Midwest’s premier events for entrepreneurs. 

Inside Wis: Cities, states and regions must ultimately map own routes to success

November 1, 2013

It’s rarely a bad idea to compare-and-contrast when it comes to business development, whether it’s city to city, state to state or region to region. It can be a really bad idea, however, to get hung up on it. Unfortunately, the latter seems to be the case these days in Wisconsin, where a slow recovery from the Great Recession has sent business, government and economic development leaders scrambling for answers wherever the grass looks greener. 

State Journal: Early Stage Symposium to showcase startups, from milk to jet skis

November 1, 2013

Twenty-eight up-and-coming companies — about half from the Madison area — will have a chance to bend the ears of investors Nov. 5-6 at the Early Stage Symposium at Monona Terrace.

Investors among panelists, 'pitch' judges, more at Nov. 5-6 Early Stage Symposium

October 31, 2013

Investors from Wisconsin, the Midwest and beyond will share their expertise with entrepreneurs and others at the Wisconsin Early Stage Symposium, to be held Nov. 5-6 at Madison’s Monona Terrace Community and Convention Center.

Journal Sentinel: Startup Alithias Inc. gets a boost from big business

October 30, 2013

In the struggle for sales that is at the heart of every start-up, Alithias Inc. has been helped by a surprising number of much bigger companies. At least seven established companies in Wisconsin have funded beta testing or become early customers of the Milwaukee maker of health care price and quality information software programs. As a result, Alithias has been able to develop its software more quickly, said Ross Bjella, the company's co-founder and chief executive officer.

‘First Look Forum’ to unveil campus discoveries at Nov. 5-6 Early Stage Symposium

October 29, 2013

Four examples of academic innovation that could become tomorrow’s commercial successes will be unveiled Nov. 6 during the annual “First Look Forum” at the Wisconsin Early Stage Symposium.

State Journal: 28 businesses selected to make presentations to investors

October 29, 2013

Twenty-eight companies in industries including medical devices, health care information technology and dairy products have been chosen to make presentations at the Wisconsin Early Stage Symposium in Madison Nov. 5-6.

From jet skis to aircraft engines and software, startups to pitch at Early Stage event

October 28, 2013

More than 45 early stage companies spanning products as diverse as medical devices, dairy products, a portable jet ski and a diesel aircraft engine will present to potential investors and others at the 2013 Wisconsin Early Stage Symposium, to be held Nov. 5-6 at the Monona Terrace Community and Convention Center in Madison.

Journal Sentinel: Dane County ranks 9th on list of counties with strong IT job growth

October 25, 2013

In a world that is rapidly digitizing, Dane County ranked 9th on a list compiled by the Progressive Policy Institute of counties that have had strong job growth in information technology and related sectors during the last five years.

Inside Wis: Crowdfunding trend gets green light in Wisconsin, there are still caution flags

October 25, 2013

The concept of equity crowdfunding was embraced by the JOBS Act, within certain investment limits, but it ran head-long into the SEC’s historic concern about society inventing new ways to swindle grandmothers and other unsuspecting investors. So, while most of the nation waited for the SEC rules, several states moved ahead with crowdfunding on their own – including Wisconsin, where the Legislature has passed legislation to rewrite state securities law.

‘Reverse’ investor pitch, ‘Office Hours’ join lineup for Nov. 5-6 Early Stage Symposium

October 24, 2013

Entrepreneurs often pitch their business plans to investors – but what happens when the shoe is on the other foot? That’s the concept behind the “Reverse Elevator Pitch,” new this year at the Wisconsin Early Stage Symposium. Also new this year is “Office Hours,” a series of five small-group discussions at which entrepreneurs can discuss specific issues with experts and their peers.

South Korea opens its doors to Wisconsin businesses

October 23, 2013

Wisconsin businesses interested in learning more about opportunities in South Korea are invited to attend a Boardroom Brief event on Tuesday, Oct. 29, in Madison. The session, hosted by the Wisconsin Economic Development Corp. and Wisconsin Manufactures & Commerce, will provide updates on exporting and other business opportunities in South Korea.

State Journal: Wellbe will be growing after landing $1.4M from investors

October 23, 2013

Madison health IT company Wellbe has finished its first fundraising round, receiving $1.1 million from angel investors in Wisconsin and beyond, as well as a $300,000 loan from the Madison Development Corp.

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