Wisconsin Legislature Considers VC Bills
The Wisconsin Legislature presently faces two bills which could greatly boost venture capital funds in the state.
'WIN-WIN' Situation Created for Wisconsin Technology Council
The Wisconsin Venture Network (WVN) in Milwaukee has folded into the Wisconsin Innovation Network (WIN) Foundation in Madison, and the combined WIN entity has become a subsidiary of the Wisconsin Technology Council.
Wisconsin University System Joins Consortium to Compete for Defense R&D Funds
As trends in federal funding priorities shift from domestic R&D to defense-related R&D, universities are scrambling to get their piece of the pie. The president's fiscal year 2006 budget request for the Department of Homeland Security (DHS) includes increased funding of 6.6 percent over the fiscal year 2005 appropriation (see the Feb. 14 issue of the Digest).
SSTI Editorial: States Respond to Call for Innovation
Last week's Digest reported on three reports that have been issued recently raising concerns about America's standing in the world in encouraging innovation. Each of the reports suggested stronger action on the part of the public and the private sector to ensure the U.S. will remain competitive.
People
Victor Budnick, executive director of Connecticut Innovations, has announced his retirement effective April 1.
People
The following were named recipients of the 2005 National Medal of Technology:
People
Craig Heim was named licensing manager for start-up companies at the Wisconsin Alumni Research Foundation.
Legislative Updates: Connecticut, New Hampshire, Ohio
In keeping with the July 1 fiscal year deadlines, several states passed their budgets last month. The following states passed budgets that include funding for alternative energy, R&D tax credits, and science, technology, engineering and math (STEM) initiatives.
Connecticut
People & TBED Organizations
Elaine Pullen resigned as chairman of Connecticut Innovations to focus on her consulting business.
People & TBED Organizations
Colin Scanes is the new vice chancellor for research and economic development at the University of Wisconsin-Milwaukee. Scanes formerly was the chief economic development strategist at Mississippi State University.
People
John Mengacci, CEO of Connecticut Innovations, announced his resignation.
Better Late than Never: Wisconsin Budget Supports Energy, TBED and University R&D
Nearly four months into the current fiscal year, Wisconsin Gov. Jim Doyle signed into law the biennial 2007-09 budget last week, investing in renewable energy, university R&D and expanding tax credits to attract angel and venture capital investment.
People
Connecticut Innovations has selected Frank Dinucci to fill the position of president and executive director, which was vacated by Chandler Howard.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
People
Frank Dinucci announced he will step down in April 2007 as president of Connecticut Innovations.
People
Peter Scott was named the director of Kettering University's new Fuel Cell and Advanced Technology Incubator.
People
John Gee was named president and CEO of the Information Technology Association of Wisconsin.
People
Connecticut Innovations has named John Mengacci interim president while it conducts a broad search to fill the position permanently.
Wisconsin Early-stage Capital Interventions Lead to Gains in 2006
Like many states, Wisconsin has struggled to attract consistent attention from the national venture capital industry. Capital can be especially difficult to obtain in the state, since entrepreneurs with limited resources are often unable to participate in the expensive and complicated process of presenting their cases to venture capital firms based on the coasts.
TBED People
Gov. Jodi Rell nominated Joan McDonald to succeed James Abromaitis as Connecticut's commissioner of economic and community development. McDonald had been a senior vice president with the New York City Economic Development Corp.
People
John Hanson has joined the staff of the University of Connecticut Office of Technology Commercialization to serve as director for the new Tech-Knowledge Portal.
People
Brian Thompson, formerly a managing director of Wisconsin's TechStar, is now senior advisor for research and strategic initiatives at the University of Wisconsin - Milwaukee Foundation.
People
Barbara Fleisner is the new vice president of economic development for the Green Bay Area Chamber of Commerce. She succeeds Paul Ehrfurth, who retired in June.
People & Organizations
The University of Wisconsin-Green Bay's Paper Technology Transfer Center has changed its name to the Paper Industry Resource Center.
People
Maneesh Sagar has been named director of investments at Connecticut Innovations.