In This Edition
Apply to present at Resource Rendezvous
Meet four BPC winners
Lake Superior Tech Confernce
Chancellor to discuss innovation
DFI issues crowdfunding advisory
'WisBusiness: The Show'
Inside Wisconsin columns
Innovation news round-up
News, events and opportunities
Get WIN-volved
Sponsor a regional WIN meeting
Promote your events
WisBusiness.com: The Show
Click here to watch the latest episodes of "WisBusiness.com: The Show," which include a rising-and-falling stock report on Wisconsin business, commentary and an interview with a state business leader. Produced by Tweedee Productions and sponsored by Grant Thornton, Whyte Hirschboeck Dudek , UW-Milwaukee and Madison Gas & Electric.
             

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Entrepreneurs' Toolkit 
The Entrepreneurs' Toolkit, a soup-to-nuts guide for Wisconsin entrepreneurs, is available at www.WItoolkit.com and through the Wisconsin Technology Council website. It was launched in April and is designed to give innovators a pathway to resources available in the state and beyond. Those resources include information on business assistance programs, sources of financing, permits and regulations, how to choose a business structure, how to write a business plan and more. 
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Upcoming WIN Events

 

WIN Madison - Meet the winners: Governor's Business Plan Contest category winners to present
July 24


WIN Milwaukee - UW-Milwaukee and the innovation economy. Chancellor Mike Lovell, the former dean of engineering, will speak Aug. 9
 
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Inside Wisconsin
Tom Still's Column

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July 2012
The Wisconsin Innovation Network (WIN) eNewsletter is a periodical of news, events and programs about the needs and challenges faced by new and growing technology-based businesses in Wisconsin.  WIN has chapters in western Wisconsin, the Lake Superior region, Madison, Milwaukee, northeast Wisconsin and central Wisconsin.
Companies may apply to present at 'Resource Rendezvous'  

Early stage companies in Wisconsin and beyond will have an opportunity to make presentations and meet with key people from federal agencies, largely in the defense and homeland security space, during Sept. 6 "Quad Pitch" presentations at the sixth annual Resource Rendezvous.   
 

Up to 10 companies will be selected to present. Companies must register for the Resource Rendezvous and apply to present by 8 a.m. CST Monday, Aug. 20. Click here to learn how to apply.

 

Selected presenters will give a four-minute pitch to showcase their research and product development ideas to federal science and technology directors who will attend Resource Rendezvous. Participants will have only four minutes and up to four PowerPoint slides to share information; there will be ample networking time before and after formal presentations. 

Meet four BPC winners at July 24 WIN Madison meeting

A reinvented wheelchair wheel, a way for colleges to handle student housing issues, a high-tech way for anglers to find fishing hot spots and a device to help sufferers of acid reflux disease will present their award-winning business plans at the Tuesday, July 24, meeting of the Wisconsin Innovation Network's Madison chapter. 


Click here to register.  

 

Winners of the 2012 Governor's Business Plan Contest were announced June 6 at the Wisconsin Entrepreneurs' Conference, where the top 12 contestants squared off in making oral presentations on their plans. Some 248 entries were received in January from contestants in more than 75 communities. About 65 judges and mentors took part during the contest's four stages.  

 

The seven-minute presentations include contest winners in three categories: Advanced Manufacturing, RoWheels, led by Rimas Buinevicius and Jan Moen of Madison; Information Technology, Strategic Fishing Systems, led by Dan Reed and Ryan Rist of Madison; Life Sciences, Reza-Band, led by Nick Maris of Mequon. RoWheels was the Grand Prize winner. Also presenting will be Simple Campus, led by John Bender, runner-up in the Business Services category.  
Lake Superior Tech Conference set for Aug. 3 in Ashland

Ready for cooler weather? Then head north for the annual Lake Superior Technology Conference, which is produced by the Wisconsin Innovation Network's Lake Superior chapter. The Aug. 3 conference will feature a company pitch contest with cash prizes.

 

Chancellor to discuss innovation at Aug.  9 WIN-Milwaukee

UW-Milwaukee Chancellor Mike Lovell, the university's former dean of engineering, will speak at the Thursday, Aug. 9 meeting of the Wisconsin Innovation Network at the Crowne Plaza in Wauwatosa. The UW-Milwaukee continues to bolster its research spending, forge industry partnerships and engage in coalitions with other R&D universities. Register for the meeting and learn more here. 

DFI issues small business advisory on crowdfunding
The Wisconsin Department of Financial Institutions has issued an advisory for small businesses and entrepreneurs seeking to raise investment capital through crowdfunding. Crowdfunding is an online money-raising strategy that began in the arts and non-profit sectors.

Through the federal Jumpstart Our Business Startups Act, small businesses and entrepreneurs will be able to tap into the "crowd" in search of investments to finance their business ventures. The JOBS Act, which was signed into law in April, directs the Securities and Exchange Commission (SEC) to adopt rules within 270 days to implement a new exemption to allow entrepreneurs and small businesses to offer investments in their ventures through crowdfunding.

Other topics covered in the advisory include the importance of choosing a proper broker or funding portal to assist with your crowdfunding offering, and a reminder that state and federal laws provide additional methods for companies to raise money from a limited number of investors with little or no cost. The full advisory may be found on DFI's website at www.wdfi.org/fi/securities.
Watch the latest edition of 'WisBusiness.com: The Show'

Please watch these latest editions of "WisBusiness: The Show" the twice-a-month Web show covering state business news and issues.  

 

In the latest edition of WisBusiness.com: The Show, Tom Still talks about national job forecasts and what Wisconsin can learn; the WisBusiness.com Stock Report covers Epic Systems' latest expansion and how weather is affecting farmers; and Liz Schrum talks to Bruce Maas, the chief information officer at UW-Madison, on innovation trends and the Internet.

 

The show is sponsored by Grant Thornton, Madison Gas & Electric, Whyte Hirschboeck Dudek S.C., and the UW-Milwaukee.

 

Guests on other recent shows:  

Holly Hawkins of Tri-North Builders
Molly Lahr, Wisconsin Innovation Network Director
Chris Prestigiacomo of the State of Wisconsin Investment Board

Inside Wisconsin columns tackle state, tech issues


Tech Council President Tom Still shares insights on technology, the economy and politics through "Inside Wisconsin." Here are some recent columns: 

 

Streamline visa process for educated immigrants Ankit Agarwal is a two-time finalist in the Wisconsin Governor's Business Plan Contest and a biochemical engineer whose work promises to help doctors treat patients with slow-to-heal skin wounds. He's even started a Madison-based company, Imbed Biosciences, to commercialize his discoveries.  

Why UW's online degree plan has a promising niche in higher education The University of Wisconsin System was a bit late to the digital education party, but at least it's not a no-show. 

Time to get creative on jobs The good news for Wisconsin's economy: It added nearly 20,000 jobs in 2011, according to the now-official figures from the U.S. Bureau of Labor Statistics. The not-so-good news: Wisconsin still ranked behind 40 other states when it came to creating jobs.   

Supreme Court ruling or no, health care reform well underway in America The U.S. Supreme Court's July 28 decision to uphold the core of the Affordable Care Act, the full name for President Obama's health care plan, didn't end the political debate over government's role in health care. In fact, the ruling has already become a defining issue in the fall elections.

Wisconsin can play a role in 'reinventing' the Internet The need to essentially re-invent the Internet is behind a trend called "software defined networking," or Open Flow, that has commanded the attention of the industry's biggest names, academic researchers, major telecommunication providers and the White House itself. 

As pace of cancer drug approval quickens, Wisconsin companies stand to benefit Society is ever-so-slowly winning its war against cancer. That's due in part to better health habits, such as not smoking, but it's also because diagnostic and therapeutic technologies are advancing at an accelerated pace. 

Innovation news round-up

Accuray to buy medical imaging company  Accuray, the parent company of TomoTherapy, has signed an agreement to buy Morphormics, a privately owned medical imaging software company, for $5.7 million. 

 

Kohler Center at Marquette sharpens focus on startups The Kohler Center for Entrepreneurship at Marquette University advises students to find out who their customers are and what those customers want before offering a product.  

 

Anteco Pharma will celebrate its grand opening of its new 27,000 square ft addition to its manufacturing plant in Lodi, Wisconsin. President Howard Teeter notes that this $3.5 million project is the first phase of a five-year plan to increase Anteco Pharma's revenues 10-fold and employment from 20 to more than 80.  

 

Water company start-ups to make their pitch to investors Eight water-related companies make presentations to wealthy investors at an event sponsored by Golden Angel Investors LLC and two partners.  

 

Madison firm gets FDA clearance for asthma inhaler sensor Asthmapolis, a Madison-based company, will be rolling out its asthma inhaler sensor, along with mobile and web application software, to the public after receiving federal clearance on Tuesday.  

 

Payoff may be near for Exact Sciences Exact Sciences Corp. was one of the top-performing stocks in Wisconsin over the last year. And that was despite reporting losses totaling $60 million over the 39 months ended March 31.

 

Firm that predicts fishing hot spots wins business plan award Strategic Fishing Systems LLC, a Madison company that predicts the best fishing locations, has received a $25,000 software, applications and consulting package for its first place finish in the information technology category of the Wisconsin Governor's Business Plan Contest.

 

Biofuels proposals sought, Madison's Virent among firms invited to participate A biofuels initiative that aims to reduce the military's reliance on imported petroleum is moving ahead, with companies including Madison-based Virent Inc. invited to submit proposals in a $30 million initiative.

 

Dahlberg named interim executive director for Morgridge Institute Saying its current executive director is leaving at the end of the month "to pursue new career interests and opportunities," the Morgridge Institute for Research has named James Dahlberg interim executive director.  

Pair launches new venture capital fund Two veteran investors are trying to establish a new $50 million venture capital fund that would invest primarily in companies in Wisconsin and other Midwestern states.
 

News, events and opportunities

WIN Madison - Meet the winners: Governor's Business Plan Contest category winners to present
July 24

PowerBuy 4 Good - 2012 Annual FREE Summer Event 

Wednesday, July 25th, Capital Brewery Middleton, WI 

Lake Superior Business and Technology Conference
August 3, Ashland, WI

BizStarts Milwaukee Inspirational Entrepreneur Event featuring Jeff Rusinow, founder of Silicon Pastures
August 7 

  

WIN Milwaukee - UW-Milwaukee and the innovation economy. Chancellor Mike Lovell, the former dean of engineering, will speak.
August 9

2012 Resource Rendezvous
September 6, Wisconsin Institutes for Discovery, Madison

Association of University Research Parks International Conference
September 19-21, Monona Terrace Convention Center - Madison, WI

US-China Investors week - The Wisconsin leg of the conference is Sept 26th and 27th, 2012.
Get WIN-volved! Membership has its privileges
WIN logoThe Wisconsin Innovation Network (WIN) is The Tech Council's membership subsidiary - a community-based economic development organization dedicated to fostering innovation and entrepreneurship. In association with the Tech Council, WIN programs focus on the needs and challenges faced by new and growing technology-based businesses in Wisconsin.

When you become a WIN member, your membership applies to all chapters, statewide.  Membership is for one year starting with the month you join.  Go here to learn more about the benefits of a WIN membership.

Thank you to the following individuals and organizations that have recently joined or renewed their WIN memberships:  

Corporate Members:
BDO

Individual Members:

Jason Doescher
Thomas Mack
Sponsor your next regional meeting

Sponsoring your chapter's next WIN meeting will give you and your company immediate exposure to Wisconsin's best and brightest people. WIN is a network dedicated to giving a voice to the technology community as a whole - from the bottom up! Sponsorship opportunities  are available on a monthly or annual basis, contact Molly Lahr, WIN Director for more information . 

Post your events in the Tech Council Community Events Section
Click here to add your event to the Tech Council Community Events section that is designed to assist in the development, growth and success of science- and technology-based businesses in Wisconsin.
________________________________________________________________________ 

Dear Reader:

 

A core role of the Wisconsin Technology Council is to serve as a policy adviser to the governor, the Legislature and other arms of state government. Our board of directors, which includes leaders from the tech, business, education and investment communities, helps to fulfill those duties through the publication of our biennial "white papers." At the board July 10 meeting at Logistics Health Inc. in La Crosse, the process of forging those recommendations continued. Publication of our report is expected by Labor Day. Our board's input is vital, of course, but so are the contributions of WIN members, who provide ideas and suggestions on a regular basis. We look forward to these papers serving as a conversation point during the fall election campaigns and as a touchstone for the Legislature when it returns to Madison for its 2013 session.

 

Sincerely,

 

Tom Still, president

Wisconsin Innovation Network/ Wisconsin Technology Council

_______________________________________________

E-mail: news@wisconsintechnologycouncil.com
Phone: (608)442-7557
Fax: (608)231-6877
Web: http://www.wisconsintechnologycouncil.com