In This Edition

Early stage capital bill update
2013 Portfolio available
2013 'Treps Conference recap
NitricGen wins 2013 BPC
YES names winner
June 17 Edge in Sturtevant
URP's Bugher to retire
'WisBusiness: The Show'
Inside Wisconsin columns
Innovation news round-up
News, events and opportunities
Get WIN-volved
Sponsor a regional meeting
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 WisBusiness: The Show

Click here for the latest episodes of "WisBusiness: 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 BMO Harris Bank, Whyte Hirschboeck DudekUW-Milwaukee and Madison Gas & Electric.
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The Entrepreneurs' Toolkit, a soup-to-nuts guide for Wisconsin entrepreneurs, is available at 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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 Welcome to the June 2013 WIN eNewsletter
Dear Reader:

Momentum continues to build around efforts to expand Wisconsin’s tech-based economy. The 2013 Wisconsin Entrepreneurs’ Conference was the largest ever in terms of attendees, and drew diverse news media attention around key speakers and panelists. The just-released “Wisconsin Portfolio” charted venture and angel deals statewide in Wisconsin, and served as valuable background for state legislators who are debating a state-leveraged early stage fund. The 10th annual Governor’s Business Plan Contest produced a diverse round of finalists, and existing Wisconsin companies in various tech sectors reported sales, grants, public offerings and investments. As Wisconsin moves into summer, let’s hope the economy continues to warm!

Tom Still, president

 Legislature poised to pass early stage capital bill
The state Senate could vote as early as next week to approve Assembly Bill 181 after a Senate committee made changes that appear to have the support of leadership in both houses. The bill would earmark $25 million for a state-leveraged early stage capital fund, to be matched by $50 million in private dollars. It would take several months to select a private fund-of-fund manager and identify recipient funds before investments could be made from the fund. Visit our newsroom at to see the latest coverage or visit the website for the Wisconsin Growth Capital Coalition at

 2013 Wisconsin Portfolio now available online
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The Wisconsin Portfolio, produced by the Wisconsin Technology Council and the Wisconsin Angel Network, is designed to inform investors about exciting developments in our state’s risk capital economy.

The 2013 edition of the Wisconsin Portfolio charts major 2012 angel and venture capital deals in Wisconsin and offers an overview of the state’s early stage landscape, with profiles on emerging companies, a resource guide for investors and more.

Visit the 
Tech Council website to download the 2013 edition.

 It's a wrap! 2013 'Treps Conference hits record attendence
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The 11th annual Wisconsin Entrepreneurs' Conference, held June 4-5 at the Marriott West in Middleton, was a great success!
Thanks so all the sponsors, speakers, panelists and attendees for making it such a productive event. We had nearly 540 attendees this year, which included entrepreneurs, investors, business leaders, service providers, economic development partners and state agencies.

Visit for a recap of the conference, including the attendee list, photos and press coverage.

 Madison's NitricGen named 2013 BPC grand prize winner
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A company that has developed a portable device for treating diabetic foot ulcers won the grand prize in the 2013 Wisconsin Governor’s Business Plan Contest, organizers announced.

NitricGen Inc., a Madison-based firm, designed and patented a shoe box-sized device that produces nitric oxide from room air to treat chronic foot ulcers, a serious complication of diabetes. The device electrically creates a flow of nitric oxide gas to be applied by the patient. The full release along with additional coverage is available here.

 Waukesha County student wins youth biz plan contest
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Sara Linderman, an 8th grader at Pilgrim Park Middle School and a resident of Brookfield, is the grand prize winner in Wisconsin YES!, a youth business plan contest for students in middle and high school. Linderman won with a business plan for SongJudge, a music app that allows musicians to select a song, record a performance and receive a score based on accuracy, tone, articulation, volume and tempo. For more information on the contest and a list of the 2013 finalists, click

 'Entrepreneurs' Edge' meeting in Sturtevant on June 17

What type of startup business are you? What do investors need to hear from entrepreneurs in an executive summary or an “elevator pitch?” Who should consider joining an angel group – and why?

Those questions and more will be examined at the Monday, June 17 meeting in Sturtevant as part of WIN’s new “Entrepreneurs’ Edge” project. Investors and other business startup experts will share best practices, with some entrepreneurs getting the chance to practice their pitches in front of those mentors.

For more information and to register, click

 Bugher to retire after guiding URP growth, success

Mark Bugher, who helped to mold UW-Madison's University Research Park into an economic and technology transfer force admired nationally, plans to retire in October. Find the full release, as well as coverage by the Milwaukee Journal Sentinel and the Wisconsin State Journal here.

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

On the latest episode of “ The Show,” Liz Schrum speaks with Brian Birk, managing director of Sun Mountain Capital in New Mexico, who attended the recent Wisconsin Entrepreneurs’ Conference in Middleton; Tom Still discusses Wisconsin’s expertise in health information technology; and the Stock Report for early June 2013.

Click here to view the biweekly show, produced by Tweedee Productions for the Wisconsin Technology Council and, as well as our archives of past shows. The show is sponsored by BMO Harris Bank, Madison Gas & Electric, Whyte Hirschboeck Dudek S.C., and the UW-Milwaukee. 

Guests on other recent shows:
Kurt Bauer, Wisconsin Manufacturers and Commerce
Marian Singer, WellIntel

 Inside Wisconsin columns tackle state, tech issues
 Still headshot for newsletter

Bipartisan vote on early stage capital bill may set tone for Legislature
The 91-2 Assembly vote in support of a bill to create a state-leveraged venture capital program may represent the beginning of a less rancorous era (or, at least, a brief respite). Democrats and Republicans will continue to disagree on many issues – school vouchers and tax cuts being current examples – but it may now be OK to occasionally agree without penalty.

Learning from others can help all types of 'treps down the path
The challenges and opportunities facing entrepreneurs, who are increasingly a part of Wisconsin’s business landscape, are the focus of next week’s Wisconsin Entrepreneurs’ Conference in Middleton. They are also at the heart of a continuing series, “The Entrepreneurs’ Edge,” which began in Green Bay, Milwaukee and DeForest and which continues June 17 in Racine.

For proof of how venture capital funds can work, gaze across Lake Michigan
In many ways, Michigan looks a lot like Wisconsin. It shares hundreds of miles of the same Great Lakes shoreline, and usually votes “blue” in presidential elections and “red” when it comes to choosing governors and members of its state Legislature. It also boasts major research universities that rank among the nation’s best. Unlike Wisconsin, however, Michigan began investing in its emerging economy years ago – even as the state’s automobile manufacturing base was teetering on the edge of collapse.

Connecting the dots between health and well-being
Held under the title of “Change Your Mind, Change the World,” the event brought together experts in neuroscience, health care, psychology, economics and the environment to talk about global health and emotional well-being. Speakers made a compelling case that physical health is often linked to emotional or mental health, yet health-care systems in most countries don’t often see the connection.

Society has a love-hate relationship with technology
Google Glass, a wearable computer that looks like a pair of eyeglasses, has sparked the latest chapter in a debate that is older than you might imagine: How does technology test the boundaries between privacy and the First Amendment?

 Innovation news round-up
JSOnline: Growth stalls in Wisconsin, but there are signs of hope

What we know is this: Over the next decade, innovation and entrepreneurism are the keys to producing a more robust economy in Wisconsin. And that's why, despite the scary news coming out of the statistic mills, there are still reasons to be optimistic if you're a dyed-in-the-wool Badger.

State Journal: Senate's turn to support startups

The state Assembly just approved a smart plan to help young companies in Wisconsin expand and hire. Now the Senate should act.

BizTimes: Cudahy donates $2 million for UWM Innovation Campus
Just as construction kicked off on the first building at the University of Wisconsin-Milwaukee’s Innovation Campus this week, Chancellor Michael Lovell announced that the project will receive a $2 million gift from philanthropist Michael Cudahy.

JSOnline: Exact Sciences applies to FDA to sell cancer test to public
Four years after Kevin T. Conroy took the top job at a struggling biotech company, Exact Sciences Corp. said Monday it has submitted an application to federal regulators for approval to market a DNA-based, non-invasive colon cancer test.

JSOnline: Week's developments could give venture capital a boost
The state's still-emerging high-tech economy saw developments on several fronts last week, creating optimism that years of talk might finally yield significant action.

State Journal: Madison Fish-finding app lures Wal-Mart's interest Before Brian Jensen’s mobile app, Fishidy, showed up in the sporting goods sections of hundreds of Wal-Mart stores, the Sun Prairie native got all but skunked on a fishing trip to northern Minnesota.

JSOnline: Odyne Systems awarded plug-in hybrid system contract Odyne Systems of Waukesha has received a contract to supply its plug-in hybrid system technology to about 120 large plug-in hybrid trucks to utilities under a $45 million contract with the research arm of the utility industry.

UW-Whitewater: Student entrepreneur launches quadcopter
Mitchell Fiene, a University of Wisconsin-Whitewater sophomore, has taken his business idea to the skies after finding a solution to an arduous farming practice - crop scouting.

State Journal: Madison stem cell company CDI files for IPO
Cellular Dynamics International, created by UW-Madison stem cell pioneer James Thomson in 2004, plans to sell its stock on the public market, the first Madison
company to go public in six years. 

Wisconsin entrepreneurs see bright future ahead
The numbers remain gloomy, but many believe that after more than a decade of serious effort, Wisconsin finally may be re-invigorating its entrepreneurial climate.

SOLOMO Technology raises $1.7M
A Madison-based provider of mobile technology solutions closed a $1.7 million funding round to help accelerate product development and increase sales and marketing, the company announced today.

JSOnline: Snowshoe Food selected for TechStar program
A Madison company with a unique, inexpensive technology for authenticating mobile transactions, has been accepted into the highly selective TechStars Boulder start-up accelerator program. Claus Moberg, chief executive officer of Snowshoe Food Inc., and the company's four other employees will spend the summer in Boulder, Co. working with mentors and further developing their company.

JSOnline: Revolution Labs receives $100K in state grants to boost inner city businesses
Two state agencies will provide a total of $100,000 to Revolution Labs, a Milwaukee program aimed at providing best practices training and funding for five inner-city start-ups, Gov. Scott Walker said Monday.

 News, events and opportunities
Entrepreneurs' Edge
Grapes to Glass, Sturtevant
June 17

Sheraton, Madison
June 25

Entrepreneurs' Edge
July 8

Crowne Plaza,Wauwatosa
July 11

 Get WIN-volved! Membership has its privileges
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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
Centergy, Inc.
Wellbe, Inc.

Individual Members
Rajai Atalla
Mark Harms
Ralph Hashoian
Patrick Heaney
Spencer Hoyt
Adam Jelen
John Klungness
Lori Konkler
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 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 our community events section
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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.
The Wisconsin Innovation Network (WIN) eNewsletter is a periodical of news, events and progras about the needs and challenges faced by the 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.
Phone: (608) 442-7557
Fax: (608) 231-6877

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