wtc_logo_white (002)    April 2018
The Tech Council Current
 News, events and programming from the Wisconsin Technology Council

Dear readers-

A point of pride for the Wisconsin Technology Council is its work in the world of public policy. As an independent, non-profit organization, the Tech Council connects with policymakers at the state and federal levels to help them better understand trends in the tech sectors. Read on to learn how the Tech Council, through its bipartisan board of directors, is helping to produce a warmer climate for tech companies and their partners. The passage of AB-489 and AB-897 are the latest examples.

Tom Still, president

EC header for SM

Powering bright ideas: Register for June 5-6, 2018 Entrepreneurs’ Conference
The 16th annual Wisconsin Entrepreneurs’ Conference will be held June 5-6, 2018 at the UW-Madison's Union South. The two-day conference is one of the Midwest’s premiere “how-to,” hands-on events for entrepreneurs of all ages and experience levels. Attendees range from ‘treps who are still developing their ideas to emerging company leaders who have already attracted angel and/or venture funding. Among those young firms will be the finalists in the 15th annual Wisconsin Governor’s Business Plan Contest.


From detecting gunshots to saving potato crops, Biz Plan Contest finalists show state’s tech range

Twenty-five entries representing sectors as broad as social media, health technologies and innovations in products or services are competing in the finalist round of the 15th annual Wisconsin Governor’s Business Plan Contest. The contestants have survived two rounds of judging in the contest organized through the Wisconsin Technology Council and its sponsors and volunteers. “These finalists are emblematic of Wisconsin’s vibrant entrepreneurial ecosystem,” said Greg Lynch, Tech Council chairman. “Few contests can blend together industries as varied as life sciences, composting, speech therapy and drones.”

AB 489 040418 -1  

Bill backed by Tech Council boosts cap on ‘lifetime’ investments in qualified firms

A bill to raise the lifetime ceiling on angel and venture capital investments in young companies eligible for Wisconsin’s successful early stage tax credit program was signed into law Tuesday by Gov. Scott Walker. Assembly Bill 489 had previously passed the state Assembly and Senate unanimously. Since 2005, Wisconsin has made 25 percent tax credits available to investors who put money into “Qualified New Business Ventures.” In short, a private investment of $4 in a QNBV company can yield a $1 state tax credit.



Bill backed by Tech Council will end fees on capital raised by QNBV ‘foreign’ C corps
A bill to eliminate a longstanding and unique fee on angel and venture capital raised by qualifying C Corporations organized in states outside Wisconsin, mainly Delaware, was signed into law by Gov. Scott Walker Wednesday. Assembly Bill 897 and its Senate companion had previously passed the state Assembly and Senate unanimously. For decades, Wisconsin has charged a state fee on “paid-in” capital – essentially, venture and angel capital – raised by a certain class of companies. Called foreign C Corporations, these companies are domestic firms organized in another state but headquartered and producing goods and services in Wisconsin.

Dickman, Craig

Hear from high-impact founder Craig Dickman at April 12 Innovation Network luncheon

Learn about being a high-impact entrepreneur in northeast Wisconsin from Craig Dickman, founder and former chief executive officer of Breakthrough Fuel, during the Thursday, April 12, meeting of the Tech Council Innovation Network in Appleton. Breakthrough Fuel is an energy management company that helps shippers around the world better manage costs through providing real-time fuel price data, effective fuel management strategies and transparency in procurement. The luncheon will be held at the Fox Valley Technical College, Appleton.


Humming along! Electric vehicle innovation will roll at April 17 Innovation Network lunch

With at least seven new electric vehicles poised to hit the market in 2018 and one young U.S. company expecting to sell its 200,000th vehicle this year, the EV evolution is well under way. Learn more from expert panelists at the Tuesday, April 17 Tech Council Innovation Network luncheon meeting in Madison. Panelists will include Patrick Bean, manager of utility engagement at Tesla, which manufacturers only electric vehicles; a representative from Madison Gas & Electric, and State Rep. Adam Neylon, R-Pewaukee.The luncheon will be held at the Sheraton Hotel, Madison.

TS sm

It’s a wrap! See coverage from the 2018 Wisconsin Tech Summit

The 5th annual 2018 Wisconsin Tech Summit was held March 19 at the GE Healthcare Institute in Waukesha where 84 emerging companies applied to meet with 18 major firms. Over 230 speed-dates took place before the day was done, with valuable exchange of ideas, innovation and potential for partnerships, referrals and investing. Keynote speakers: Erik Iverson, Managing Director of Wisconsin Alumni Research Foundation; Phyllis King, Vice Provost of University of Wisconsin-Milwaukee; along with six complementary Office Hours sessions gave attendees a range of valuable ideas to incorporate into their businesses. Click here for news coverage on this year’s summit.

Newsletter Sponsors:
ATT2013 cropped
Madison College Horiz
 BDO cropped  Dane County Regional Airport
   exact science logo  SWIB  UWM_logo Warf_logo_CMYK 2014
Stay on top of the news and events coming out of the Tech Council. 
Engage with us on Twitter, LinkedIn and Facebook!
Twitter Image LinkedIn image Facebook image
TECH COUNCIL NEWS SERVICE:                        

T4America: Madison selected as one of 22 smart cities

Inc: Wisconsin’s sizzling economy has created crippling labor shortage. team of productivity experts will solve it

JSOnline: 5 things to know about food delivery app EatStreet as its rapid national growth continues

WisBusiness: New report calls financial outlook for Racine ‘worrisome’

WisBusiness: The Podcast with Mike Semmann, co-founder for Advancing AI Wisconsin

Milwaukee Business Journal: Investing in Milwaukee’s college, K-12 system helps grow tech pipeline

Xconomy: PerBlue says it plans to launch ‘Disney Heroes’ game by end of year

Release: Discovery to Product welcomes a new director

Wisconsin State Journal: UW-Madison professor receives $425,000 grant to study entrepreneurship

Milwaukee Business Journal: Chris Abele thinking of adding second ‘Ward 4’ for startups in Milwaukee

BizTimes: Lumanu raises $1 million in seed funding

WARF: Rechargeable desalination battery

Release: gBETA northeast Wisconsin announces “spring 2018” companies

Release: Forward Technology Conference: Call for proposals

Release: Wisconsin innovation awards: Nominations now open

PR Newswire: Wisconsin tech industry added 2,250 jobs in 2017, boosted contribution to state’s economy

Wisconsin State Journal: Madison startup Understory ventures farther afield through venture with Monsanto

Wisconsin State Journal: Midwestern BioAg gets dream opportunity with new partnership with General Mills

CapTimes: Researcher entrepreneur bill among UW-related legislation to die without Senate action

WisBusiness: The Podcast with Peter Menet, COO of Menet Aero

WisBusiness: Evolving tech driving greater productivity, competition

WisBusiness: New program applies gener8tor model to music business

WisconsinInno: Four reasons these VCs are excited about Wisconsin’s tech economy

PRNewswire: PRNewswire: CompTIA: Wisconsin technology industry added 2,250 jobs in 2017

Milwaukee Business Journal: WisDOT awards $6M contract for project to support Foxconn development

WisBusiness: Aurora St. Luke’s uses new cardiac mapping system to treat heart disorders

WARF: Innovation and the Wisconsin Idea: From lab to bedside, Wisconsin Idea is all for good of patients

WisBusiness: Monsanto using weather-monitoring system from Madison startup

MMAC: Foxconn package returns $18 in economic impact for every $1 in state incentive

WisBusiness: UW-Madison computer science head expects disruption in state’s top industries

WisBusiness: The Podcast with Craig Davis, president and CEO of NovaScan

Release: Marquette, WARF announce 2018 ‘Force for Positive Change’ winners

WisBusiness: Connect Americans Now applauds passage of TV white space joint resolution

Release: BrightStar announces second year expansion of Hatch program

BizTimes: UW-Madison tops state universities in U.S. News grad school rankings

Wisconsin State Journal: Doyenne Group debuts startup accelerator

Business Journal: Billions of free federal dollars available, why aren’t more Wisconsin startups chasing it?

Release: Angels tell the truth: What makes a new company fundable

VentureBeat: Milwaukee’s startup community is growing with help from local and national organizations

WisBusiness: Foxconn announces contractors, designers

Release: Cellectar Biosciences Granted Orphan Drug Designation for CLR 131 to Treat Neuroblastoma

Release: Wisconsin congressmen back tech apprenticeships

WisBusiness: Wisconsin companies targeted by cyber attacks

WARF: Generating vasculogenic cell populations from human stem cells

JSOnline: Foxconn campus will serve as science, advanced technology park

WisBusiness: Water Council report shows increased efforts to grow water tech hub in southeastern Wisconsin

WisBusiness: Northwestern Mutual: Survey finds many women of color set financial sights on business ownership

Milwaukee Business Journal: UW-Milwaukee adds lab to support artificial intelligence, blockchain innovation

CapTimes: Madison to host caravan of nomadic tech workers this summer

Wisconsin State Journal: Pickle in a Pouch scores another major retailer

Milwaukee Business Journal: The Dohmen Co. helps Chicago nonprofit bring tech-training program to Milwaukee

Milwaukee Business Journal: Local women STEM leaders talk challenges, offer advice

WisBusiness: WARF head excited for relationships between Foxconn, higher ed

Milwaukee Business Journal: HQ2 spurs new Milwaukee idea

Milwaukee Business Journal: Milwaukee entrepreneur plans to launch tech company

WisBusiness: UW School of Public Health: New rankings show healthiest, least healthy counties in state

Milwaukee Business Journal: Expanded industries, new software brings growth for digital measures

WARF: UW/Industry partnerships yield better solutions

WARF: Implantable cancer drug delivery device signals the future of personalized medicine

WisBusiness: StartingBlock takes off


InsideWis: Outside Wisconsin’s biggest cities, academic research growing in prominence

InsideWis: In the long run, autonomous vehicles safer for pedestrians, bikers

InsideWis: Most votes in the Legislature are bipartisan, even when the debate is not

InsideWis: In Wisconsin’s quest to produce more workers and startups, don’t forget liberal arts


Episode 202: Covers Tech Metrics, Tom Still commentary; interview with OnLume’s Uselmann
Episode 201: Covers Tech Metrics, Tom Still commentary; interview with Lightweight’s Jendusa
Forward Technology Conference

Innovation Awards

MenetAero Logo


Tom Still 2017
Tom Still, Tech Council

Episode 201
Jim Jendusa,
Lightweight Structures

WisBusiness: BrightStar Wisconsin invests nearly $5.9 million in 2017

Milwaukee Business Journal: Higher VC tax credits, robots to deliver goods: Policies that can boost state tech

BioEnterprise: Midwest healthcare companies raise a record breaking $2.5 billion In 2017

BizTimes: Tim Keane to receive BizTimes Lifetime Achievement Award

Release: Curate raises $450,000 in seed funding led by Idea Fund of La Crosse

BizTimes: Private equity firm Cimbria Capital opens office at Global Water Center

TCIN-logo 110816
Tech Council Innovation
Tech Council Innovation Network membership:
Experience for yourself why the Innovation Network has been a Tech Council tradition for over a decade.
With more than two dozen events annually, you'll expand your network while learning from top-notch speakers. When you become a member, your membership applies to all chapters, statewide. With a variety of membership types to choose from, you and/or your company will be sure to find a membership that fits your business goals. Join today!

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

Marcia Brooks
Chester Kolodziej
Alan Hartman
Erin Ogden
Roger Orlady
Tom Voell


Domann-The Board Room
Fluno Center

N29 Capital Partners

Wolf Track Ventures

Need help finding the membership level right for you?
Contact Angela Schlobohm, development & member
relations director, at or 608-442-7557.

TCIN-logo 110816
Tech Council Investor Networks membership:
Your $750 Investor Networks membership entitles you to one free pass to both major conferences (Entrepreneurs' Conference and Early Stage Symposium), as well as regular Tech Council Innovation Network events.


April 12: Innovation Network-Northeast
Fox Valley Technical College, Appleton


April 12-13: Facilities Days Open House 2018
Union South, Madison

April 17: Innovation Network-Madison

Sheraton Hotel, Madison

April 17: Wisconsin Strong!
Madison Central Library, Madison

May 1: M-WERC Breakfast Meeting

UW Engineering Centers Building, Madison

June 5-6: Entrepreneurs’ Conference

Union South, Madison

      Major Sponsors:       
BMOHB_T2 web small
URP   AmFam MB_Logo_RGB_300DPI
 ATC  Promega Logo SOL
 ATT2013 cropped
 Venture Investors jpg  Warf_logo_CMYK 2014
 GE-Healthcare-logo MCHS Logo-Full - 080315
MGELogo   Husch Blackwell
WTC logo   Tech Council Innovation
 TCIN-logo 110816
Phone: (608) 442-7557
Fax: (608) 231-6877
A web version of this newsletter is available here:
To opt-out ExampleContactEmailAddress from all future communications from the Wisconsin Technology Council, including event notices, news releases and newsletters, please click here - Opt-Out

Cvent - Web-based Software Solutions