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From WisBusiness.com …
— The growing momentum in the Madison startup sector isn’t only helping new companies.
It’s also boosting the lawyers, part-time CFOs, accountants and other consultants who help those startups grow — and sometimes take a loss when they fail. Those service providers, at firms both large and small, generally offer sweeter packages to cash-strapped startups, discounting their usual rates or allowing deferred payments until the next fundraising round closes.
And in doing so, they become much like investors, who risk their money on young companies and hope that investment pays off later on.
“We all want to help each other grow and prosper,” said Derek Notman, the founder and CEO of Intrepid Wealth Partners.
See more on Madison’s startup service providers in a new WisBusiness.com story:
http://wisbusiness.com/index.iml?Article=374498
— UW-Madison radiology professor Jamey Weichert is resigning as chief scientific officer at Cellectar Biosciences, according to an SEC filing.
Weichert, one of the company’s founders, is leaving effective today. A Cellectar spokeswoman didn’t respond to a request on why he’s leaving or when the company expects to fill the position.
See the filing:
http://www.sec.gov/Archives/edgar/data/1279704/000114420416112969/v444281_8k.htm
— Rickert Industries CEO Lisa Mauer will be the new president of the Wisconsin Economic Development Corp. board.
Maurer, a former senior VP at BlackHawk Industrial Distribution, was elected yesterday at the WEDC board’s meeting in Stevens Point. She replaces Ariens Co. President and CEO Dan Ariens, who will be vice chairman of the board.
WEDC has also gained two new board members: James Ladwig, the president and CEO of Racine Area Manufacturers and Commerce; and UW-Madison accounting professor R.D. Nair.
See the release:
http://wisbusiness.com/1008/160714_WEDC_Board_Officers.pdf
— Marquette University’s College of Health Sciences is getting a $1 million donation to boost innovations in the field.
Marquette will use the gift, from alums Dennis and Barbara Klein, to help the college’s researchers study mental illness and other topics. Marquette President Michael Lovell said it will help the university’s goal of doubling its research over the next five years.
See more:
https://news.marquette.edu/news-releases/marquettes-college-of-health-sciences-receives-1-million-gift-from-dennis-and-barbara-klein/
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**Tuesday, July 19: The Future of the Wisconsin Economy**
Luncheon panel will focus on worker demographics, core industries, venture capital and the start-up environment.
Panelists will include:
– Ray Allen, Secretary, Department of Workforce Development
– Aaron Olver, Managing Director, University Research Park
– Maggie Brickerman, Co-Founder of gBETA, a pre-seed accelerator for companies with roots in Wisconsin colleges and universities
– Jim Wood, Strategic Counsel to Competitive Wisconsin and Chairman of Wood Communications Group
Registration is available through Eventbrite:
https://eventbrite.com/e/wispolitics-luncheon-future-of-the-wisconsin-economy-tickets-26037157840
Madison Club members: Please register at Eventbrite or through the front desk: reception@madisonclub.org
Registration begins at 11:30 a.m., lunch and discussion from 12-1 p.m..
Location: The Madison Club – 5 E. Wilson Street, Madison
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Green Bay Packers’ valuation jumps 42% to world’s 25th most-valuable sports franchise
http://bizjournals.com/milwaukee/news/2016/07/14/green-bay-packers-valuation-jumps-42-to-worlds25th.html
Mauer is new president of WEDC board of directors
http://jsonline.com/business/386883561.html
Cree to sell Wolfspeed to Infineon for $850 million cash
http://journaltimes.com/364fb406-398e-5fed-a00d-7256243bc7cd.html
GMR Marketing opens office in South Korea ahead of 2018 Olympics
http://bizjournals.com/milwaukee/news/2016/07/14/gmr-marketing-opens-office-in-south-korea-ahead-of.html
Jonco Industries opens largest rooftop solar system in Milwaukee
http://jsonline.com/business/386707241.html
Wisconsin Veterans Chamber of Commerce endorses BRAVE Act
https://biztimes.com/2016/07/14/wisconsin-veterans-chamber-of-commerce-endorses-brave-act/
WisBusiness sponsors
 UW-Madison Office of Corporate Relations |
 Madison Gas & Electric |
 Wisconsin Technology Council |
 University Research Park |
STORY TOPICS
AGRIBUSINESS ^top^
– Farmer: rbST-free milk mandate hurts
http://fdlreporter.com/story/news/2016/07/14/87073112/
CONSTRUCTION ^top^
– New equestrian center will house Milwaukee Police Department horses
http://jsonline.com/business/386861201.html
– Competing housing proposals pitched for Port Washington harbor site
http://jsonline.com/business/386828631.html
– NML says it is exceeding hiring goals on Tower and Commons project
https://biztimes.com/2016/07/14/nml-says-it-is-exceeding-hiring-goals-on-tower-and-commons-project/
– Mercantile Lofts apartment redevelopment project complete
https://biztimes.com/2016/07/14/mercantile-lofts-apartment-redevelopment-project-complete/
ECONOMY ^top^
– LADCO honors local businesses at annual Industry Appreciation Breakfast
http://lacrossetribune.com/498230cd-c86c-5861-b02a-f32a0168a5da.html
– State report cards take poverty into account
http://greenbaypressgazette.com/story/news/education/2016/07/14/86990072/
EDUCATION ^top^
– Marquette’s College of Health Sciences gets $1M donation
http://bizjournals.com/milwaukee/news/2016/07/14/marquettes-college-of-health-sciences-gets-1.html
– Marshfield school referendum could seek $12M
http://marshfieldnewsherald.com/story/news/education/2016/07/14/87075830/
– Budjac to retire as MSTC president
http://wisconsinrapidstribune.com/story/news/local/2016/07/14/87039854/
– Marquette’s VP of finance to retire in 2017
https://biztimes.com/2016/07/14/marquettes-vp-of-finance-to-retire-in-2017/
FOOD AND BEVERAGE ^top^
– See Portillo’s debut in Brookfield; popular chain eyes Greenfield, Madison locations
http://bizjournals.com/milwaukee/news/2016/07/14/see-portillos-debut-in-brookfield-popular-chain.html
– Access to food a problem in Fox Valley
http://postcrescent.com/story/news/2016/07/14/86703738/
– MillerCoors among brewers to add ingredients to beer labels
http://bizjournals.com/milwaukee/news/2016/07/14/millercoors-among-brewers-to-add-ingredients-to.html
LEGAL ^top^
– Wausau legal bills exceeding expectations
http://wausaudailyherald.com/story/news/2016/07/14/87036532/
MANAGEMENT ^top^
– Mauer elected president of WEDC board of directors
http://bizjournals.com/milwaukee/news/2016/07/14/mauer-elected-president-of-wedc-board-of-directors.htm
REAL ESTATE ^top^
– 3rd Ward’s Jennaro Brothers building to be rehabbed into offices, restaurant
http://bizjournals.com/milwaukee/blog/real_estate/2016/07/3rd-wards-jennaro-brothers-building-to-be-rehabbed.html
– Third Ward Jennaro building slated for redevelopment
https://biztimes.com/2016/07/14/third-ward-jennaro-building-slated-for-redevelopment/
RETAIL ^top^
– Royal Enfield sets date for opening of North American HQ, showroom in 3rd Ward
http://bizjournals.com/milwaukee/news/2016/07/14/royal-enfield-sets-date-for-opening-of-north.html
– Scenes from Newaukee’s Night Market in downtown Milwaukee
http://bizjournals.com/milwaukee/news/2016/07/14/scenes-from-newaukees-night-market-in-downtown.html
– Piggly Wiggly transferring ownership of Sheboygan store to franchisee
http://bizjournals.com/milwaukee/news/2016/07/14/piggly-wiggly-to-close-sheboygan-store-again.html
– Case IH Dealers to Offer Miller Nitro Sprayer Line
http://wisconsinagconnection.com/story-state.php?Id=820
– Panda Express, strip mall plans for Gasthaus site denied
https://biztimes.com/2016/07/14/panda-express-strip-mall-plans-for-gasthaus-site-denied/
SPORTS ^top^
– Kohler named general chair for 2020 Ryder Cup
http://sheboyganpress.com/story/sports/2016/07/13/87066574/
TRANSPORTATION ^top^
– Norwegian Air plans charter flights out of Milwaukee
http://jsonline.com/business/386855001.html
– CH Coakley acquires StorX and Telestar
https://biztimes.com/2016/07/14/ch-coakley-acquires-storx-and-telestar/
UTILITIES ^top^
– WPS to start natural gas line work in Manitowoc
http://htrnews.com/story/news/2016/07/14/87088884/
PRESS RELEASES ^top^
See these and other press releases:
http://wisbusiness.com/index.iml?Content=82
Ambitious Media Group: La Crosse, Wisconsin selected as a featured city in the first season of Ambitious Adventures
GSF Mortgage: Names Debbie Beier chief operating officer
Hawkpoint Technologies: Hires two account executives to assist with business growth
Midwest Food Processors Association: Commends Congress for passing GMO labeling bill
Perkins Coie: Grows environment, energy and resources practice with addition of litigation partner in Madison
Skyline Technologies: Microsoft recognizes Appleton’s Skyline Technologies
UW-Madison: Named as one of top colleges by Forbes
Wausau Homes: New Wausau Homes builder opens design studio to serve area homebuyers
WEA Trust: Launches new logo and brand
Wisconsin Bankers Association: Don’t set off alarms playing “Pokémon Go”
Wisconsin Economic Development Corporation: Board elects officers, welcomes new members
WPS Health Solutions: Dr. William Winkenwerder joins board of directors
