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June 18, 2020

Dear readers: 

Learn about the latest in the Payroll Protection Program and Economic Injury Disaster Loan programs 10 a.m. July 1 when Tammie Clendenning and Lisa Taylor of the U.S. Small Business Administration hold an update for members of the Wisconsin Technology Council. We’ll provide more detail on the webinar and how to sign up soon.

Juneteenth is in the headlines more than ever, but not everyone knows the history behind the June 19th celebration. Here are a few references:
What to know about Juneteenth, the emancipation holiday and Juneteenth, also called Emancipation Day, or Juneteenth Independence Day

In my latest “Inside Wisconsin” column, I examine recent reports that note Wisconsin (along with other Midwest states) doesn’t perform well when it comes to certain economic opportunity metrics.

Read more at:
InsideWis: Old ‘chickens’ come home to roost in unequal Midwest economy

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Make sure to check out our newsroom below for fast-changing information about Wisconsin's reopening process.
Stay tuned for announcements about virtual Tech Council webinars on COVID-19 issues of interest to our members and others
.

Do you have news or best practices to contribute to a future edition of Tech Council Current?
Contact
Laura@wisconsintechnologycouncil.com 

Have a fantastic Father's Day weekend and we'll publish our next edition Monday.

Tom Still, president


Guest column: Creating a permanent pension inside your 401(k) plan

Per the cliché, “truth is stranger than fiction,” few could have predicted the catalyst to bring the longest bull market in history to an abrupt about-face would be a virus with a name synonymous with a popular imported beer. 

Just prior to the historic sell-off, much attention was focused on the SECURE Act, which promises to change the landscape of today’s retirement plans over the coming years. It has important implications in these times.

Click here to read Kret’s full column.


Kret
 Tom Kret

Reopening guidelines and checklists for businesses

Last month, WEDC posted guidelines for businesses of different types to reopen safely and protect the health of their employees and customers, addressing such topics as social distancing, personal protective equipment, ventilation, cleaning and sanitization. Now a checklist has been added to the end of each guidelines document, so business owners can be sure all the relevant areas have been addressed as they reopen. Watch the video to learn more about the guidelines and checklists.

 
 FocusForward

COVID:
The Journal Times: Researchers identify first drug proven to reduce COVID-19 deaths
Morgridge Institute for Research: Could pre-existing conditions hold the clue to new COVID-19 drugs?
Wisconsin State Journal: Madison-based Redox helps COVID-19 testing company file results
Madison.com: 1.5 million more Americans file jobless claims
BizTimes Milwaukee: Potential COVID-19 vaccine produced at Catalent’s Madison facility
Biz Women: Happiness is at decades-low, financial satisfaction at all-time high
WPR: DHS announces studies to identify communities at risk for COVID-19 outbreaks
CNN: Scientists worry 'Operation Warp Speed' is missing tried and true vaccines
UpNorthNews: Wisconsin Will Start Antibody, Wastewater Testing to Track COVID-19
Fox6: Fauci doesn't see NFL season happening unless league adopts NBA 'bubble' plan
Wisconsin State Journal: NorthStar Medical Radioisotopes joins drug maker in effort to treat COVID-19
Forbes: U.S. Airlines may temporarily ban passengers who don't comply with face mask policies
UW-Madison: Model response: Alum helps launch COVID data hub, “COVID Act Now”
The New York Times: Coronavirus cases rise sharply in prisons even as they plateau nationwide
CNN: Model projects 200,000 people in the US could die from Covid-19 by October, could be a low estimate
OnWisconsin: Campus answers the COVID-19 call - The Badger community springs into action to save lives
The Washington Post: We’re not seeing a second coronavirus wave, we’re still in the first one.
WeAreGreenBay.com: Menasha company offering mass temperature check technology
The Wall Street Journal: To test or not to test: Business owners grapple with COVID testing for staff

ECONOMY:
The Journal Times: US retail sales up a record 17.7% in a partial rebound
WalletHub: Wisconsin’s economy has the 2nd least racial equality in the U.S.
Wisconsin State Journal: Wisconsin utilities on track for 40% reduction in carbon emissions by 2026
BizWomen: Only 20% of travelers ready to vacation, tourism study says
Milwaukee Business Journal: Advocate Aurora enters merger talks with Michigan's largest health care system
Quarles & Brady: Congress considering tax credit for cleaning expenses
Fox6: Wisconsin department says ‘misunderstanding’ about unemployment law could lead to discrimination
Milwaukee Business Journal: Kohl's to watch consumer behavior as it makes decisions on store fleet
The Cap Times: Epic tells thousands of employees to return by August, some balk at the risk
Milwaukee Business Journal: Pandemic, protests invigorate MCW efforts to increase diversity in health professions
U.S. Department of Commerce: Commerce clears way for U.S. Companies to more fully engage in tech standards-development bodies
UpNorthNews: Systemic racism in health care: Decades of ignoring this reality proves deadly for Black patients
Dairy Business Innovation Alliance: DBIA Grant Application now available through August 14
Agri-View: Ag woman reflects 'why' of agricultural jobs
Fox6: Next stimulus package could include $4,000 vacation credit, second check
Wisconsin State Journal: Overture Center cutting staffing by 60% amid COVID-19 pandemic

ENTREPRENEURS and INNOVATION:
WisconsinINNO: Brookfield software startup helps small manufacturers become more efficient
CNBC: These are the 2020 CNBC Disruptor 50 companies
WisconsinINNO: National Venture Capital Association launches new diversity nonprofit
Modern Healthcare: Marshfield Clinic’s Dr. Susan Turney on 2020 “50 Most Influential Clinical Executives” list
Milwaukee Business Journal: Executives Marcus, Bartolotta say innovation, consumer trust is key to reopening successfully
Thomas: [Video] Hit hard by COVID-19, 5 manufacturing executives share what’s helping their businesses recover
NeuroPointDx: Unique metabolic signatures associated with autism detect more than 50% of individuals with ASD in Children’s Autism Metabolome Project
Definitive Healthcare: 3 ways COVID-19 is spurring innovation in the U.S. healthcare market

INVESTING:
National Academy of Investors: WARF makes the list of 2019 Top 10 worldwide universities granted U.S. utility patents
STAT: A tech investor’s rude awakening on clinical trials sparks an effort to make them faster for Covid-19
Pensions & Investments: The impact investing talent war heats up
Tech Crunch: Anthos Capital and NBA’s Baron Davis back LA-based college tuition savings service, UNest
Pensions & Investments: Oshkosh Corp. sued over management of 401(k) plan
Business Insider: How startups can break free from venture capital's 'unicorn culture' and thrive against steep odds, according to a startup founder and angel investor


EDUCATION:

Gov. Evers announces more than $80 million in COVID-19 financial assistance to K-12 and higher education institutions
Wisconsin State Journal: UW-Madison's plan to reopen campus in fall: masks, free testing, hybrid classes
WisBusiness: DHS awards $1.2 million to support innovation in addressing the social and emotional needs of children
UW-Milwaukee: UWM has launched TechEd Frontiers: A new talent platform to serve the business community
Madison.com: FDA approves video game for treating ADHD in kids
Milwaukee Journal Sentinel: GE Foundation creating innovation labs for MPS students as final piece of $20.4 million grant
BizTimes Milwaukee: Wisconsin’s private higher education institutions to receive $37 million in coronavirus relief
The Cap Times: Wisconsin education department expects schools to open in fall
WisBusiness: Class to be in session and in-person this fall, education leaders say
OnWisconsin: Dairy 2.0: UW–Madison innovations help farmers reinvent themselves in challenging times
CNBC: Wisconsin School of Business’ Olszewski on 2020 CNBC Disruptor 50 Advisory Council
BizTimes Milwaukee: MSOE to build STEM education center
Urban Milwaukee: Marquette professor of English receives Way Klingler Excellence in Diversity and Inclusion Award
The New York Times: As students put off college, anxious universities tap wait lists
UW-Madison: Unimaginable loss, unimaginable resilience: Remembering the pandemic of 1918

 CoVID-19 news graphic

Please send your upcoming virtual events for consideration to laura@wisconsintechnologycouncil.com

UW-Madison’s Juneteenth event “Exemplifying Our Legacy of Resilience” in on Friday, June 19

Greater Green Bay Chamber
presents TechConnect: Work in a Tech Startup on Monday, June 22

WisPolitics is hosting a Webinar with U.S. Congressman Bryan Steil on Monday, June 22

Fitchburg Focus welcomes Paul Jadin of MadREP to discuss results of COVID-19 state-wide surveys on Thursday, June 25

AMA Madison
presents AI and Voice in the 2020s: What Marketers Need to Know with Nick Myers on Tuesday, June 30

Fox Valley Technical College presents Explore Starting a Business on Wednesday, July 8

WMEP
’s
Growth Driven: Innovation and Market Potential for VFD/VSDs in Wisconsin on Wednesday, July 15

 
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 Thank you to our membership!

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·       Gov. Evers’ office regularly updates a statewide COVID-19 website that aggregates information and resources throughout state government, including the Wisconsin Economic Development Corp. and the departments of Financial Institutions, Revenue and Workforce Development. Some specific sites:

·       The Wisconsin Department of Workforce Development produced this FAQ document.

·       The Wisconsin Department of Revenue offers these information sources:

·       The U.S. Small Business Administration (SBA) has guidance for businesses.

·       Wisconsin Department of Health Services: COVID-19 Outbreaks in Wisconsin

·       NIST Manufacturing Extension Partnership (MEP) centers are providing services to small- and medium-sized manufacturers such as connecting businesses that are pivoting their production in response to the coronavirus to new supply chains, connecting firms with state resources, advising companies on new operational issues, and providing workforce support.

·        “Wisconsin COVID-19 Startup Talentis a new project to help those displaced from jobs and employers now hiring

·       Wisconsin Hospital Association releases a COVID-19 dynamic Situational Awareness Update

·       View an interactive map of public wi-fi “hot spots” in Wisconsin

CoVID-19 news graphic - BIZ resources

 
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