MON AM News: GymDandy app, Engineered Propulsion Systems raises $3.6 M, Propeller Health partners with Humana, Wis exports down


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From WisBusiness.com …

— Madison startup GymDandy is hoping to become the Airbnb for athletic spaces, helping sports teams find spaces in which to practice and compete.

GymDandy’s app, which is expected to launch in the spring, will make renting athletic spaces easier for anyone who needs one, said founder and CEO Nicholas Kartos. But it will largely target youth recreational and club sports teams that need space.

“You can basically rent spaces for this purpose already at a school or a church, but everyone does it a different way,” Kartos said. “We want to simplify it.”

Kartos began the venture about a year ago and began working on it full time after leaving his previous position as director of media and advertising at Sport Ngin, a website that helps organize sports leagues. His co-founder, Joe Fahrenkrug, hopped on full time at the beginning of this year.

The company has raised almost $100,000 to help develop the app, according to an SEC filing from last week.

See more in a new WisBusiness.com story:

http://www.wisbusiness.com/index.iml?Article=364600

— A Senate committee today will hold a hearing and vote on Lon Roberts’ appointment as the new secretary of the Department of Financial Institutions.

Roberts, the chair of the State of Wisconsin Investment Board, will take over Ray Allen, who will be heading up the Department of Workforce Development.

— Engineered Propulsion Systems has raised another $3.6 million for its efforts to make a more efficient airplane engine.

The New Richmond-based company says its lightweight diesel engine is “the first of its kind” and can cut fuel costs by up to 40 percent. An SEC filing from the company shows 17 investors have participated in this fundraising round, in which EPS hopes to raise $9 million.

See the filing:

https://www.sec.gov/Archives/edgar/data/1507128/000150712816000006/xslFormDX01/primary_doc.xml

— Madison-based Propeller Health will work with Humana to alleviate asthma effects in Louisville.

The company, whose FDA-cleared platform helps manage asthma, will begin its work with Humana through a program in Louisville.

See more from Madison Startups:

http://www.madisonstartups.com/propeller-health-to-collaborate-with-humana/

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**REGISTER NOW Thursday, Feb. 11, WisPolitics.com luncheon: “State of the presidential race”**

On the day of the Democratic presidential debate in Milwaukee, WisPolitics.com brings together an expert panel to discuss the state of the presidential race. Participants include:

–Paul Maslin, national Democratic pollster with FM3;

–former Republican Congressman Scott Klug, public affairs director and co-chair of the Federal Public Affairs Practice at Foley & Lardner;

–and Craig Gilbert, Milwaukee Journal Sentinel Washington bureau chief.

The event will be held at the UW-Milwaukee Innovation Accelerator, 1225 Discovery Parkway, Wauwatosa, Wis. 53226, located just east of Highway 45 and just north of the Medical College of Wisconsin off W. Watertown Plank Road.

Easy parking at the location.

Check-in begins at 11:30 a.m. The program goes from noon until 1 p.m.

$15 for program and buffet luncheon if paid in advance; payment at the door is $20.

Click here to register and pay the $15 fee (put “Feb. 11 prez event” in purpose of payment line): https://secured-site7.com/wispolitics/online_payment/

Sponsors: UW-Milwaukee, Medical College of Wisconsin, and The Firm Consulting.



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TOP HEADLINES

#Wisconsin exports fall 4.2 percent in 2015

http://biztimes.com/2016/02/05/wisconsin-exports-fall-4-2-percent-in-2015/

Breakfast crowd touts 2015 Fox Cities tourism

http://fdlreporter.com/story/money/2016/02/05/79894268/

Mitchell airport may create rules, regulations for ride-share services such as Uber, Lyft

http://jsonline.com/business/367980911.html

Kohler says downtown Milwaukee office to address workforce needs

http://bizjournals.com/milwaukee/blog/real_estate/2016/02/kohler-says-downtown-milwaukee-office-to-address.html

Tech leaders say UW budget cuts are a ‘dark cloud’ on the state’s economy

http://host.madison.com/ac7706f9-2e17-5888-901e-1bec425c2342.html

Tech and Biotech:Rabble brings local music to online library shelves; startups add funding

http://host.madison.com/d2276569-ce89-50a9-9edf-793bd47e577b.html


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STORY TOPICS

BANKING ^top^

– Small Milwaukee credit union closed by state regulator

http://jsonline.com/business/367895821.html


ECONOMY ^top^

– New products help Badger Meter set revenue records

http://biztimes.com/2016/02/04/new-products-help-badger-meter-set-revenue-records/


HEALTH CARE ^top^

– Sojourner Family Peace Center opens its doors

http://bizjournals.com/milwaukee/blog/2016/02/sojourner-family-peace-center-opens-its-doors.html

– Roth-Mallek named CFO for Aspirus Riverview

http://stevenspointjournal.com/story/money/2016/02/08/79873620/


MANAGEMENT ^top^

– End of an era: WEC energy losing CEO Gale Klappas

http://bizjournals.com/milwaukee/blog/2016/02/end-of-an-era-wec-energy-losing-ceo-gale-klappas.html

– Sensient elects Paul Manning as chairman

http://bizjournals.com/milwaukee/news/2016/02/05/sensient-elects-paul-manning-as-chairman-4q-meets.html

– Marcus Hotels resorts names new culinary leader

http://bizjournals.com/milwaukee/news/2016/02/05/marcus-hotels-resorts-names-new-culinary-leader.html


MANUFACTURING ^top^

– Badger Meter looks for return to better earnings in 2016

http://jsonline.com/business/367807981.html


MEDIA ^top^

– Lee Enterprises posts higher 1Q earnings

http://host.madison.com/d5c01f36-256c-5104-a2e9-711d74076bf2.html


NONPROFITS ^top^

– Wisconsin nonprofit executives get chance to study at Harvard University

http://jsonline.com/business/367918091.html


REAL ESTATE ^top^

– Humphrey Scottish-rite Masonic Center to be sold

http://biztimes.com/2016/02/04/humphrey-scottish-rite-masonic-center-to-be-sold/

– Thirteen story mixed use tower proposed on Milwaukee’s east side

http://biztimes.com/2016/02/03/13-story-mixed-use-tower-proposed-on-east-side/

– Walker’s Point apartment renovation in Milwaukee adds parking structure to mix

http://bizjournals.com/milwaukee/blog/real_estate/2016/02/walkers-point-apartment-renovation-in-milwaukee.html

– Apartment plans tout upscale units, but little or no parking

http://jsonline.com/business/367918991.html

– Park East apartment expansion plan wins County Board approval

http://jsonline.com/business/367830491.html

– “Alamo” of Milwaukee parking lots keeps redevelopments efforts at bay

http://bizjournals.com/milwaukee/blog/real_estate/2016/02/untapped-potentialalamo-of-milwaukee-parking-lots.html


RETAIL ^top^

– Forest Mall sold to Texas developer

http://fdlreporter.com/story/money/2016/02/05/79875128/

– Milwaukee designer’s T-shirts find Hollywood lights

http://jsonline.com/business/367919091.html

– Pre-season demands boost Johnson outdoors

http://biztimes.com/2016/02/05/pre-season-demand-boosts-johnson-outdoors/

– Seventh expansion planned for Brookfield Square

http://biztimes.com/2016/02/03/seventh-expansion-planned-for-brookfield-square/

– What will it take to bring shoppers back to Grand Avenue?

http://biztimes.com/2016/02/05/what-will-it-take-to-bring-shoppers-back-to-grand-avenue/


SMALL BUSINESS ^top^

– Second Mad Rooster restaurant proposed for Waukesha

http://biztimes.com/2016/02/04/second-mad-rooster-restaurant-proposed-for-waukesha/

– Numbers dropping, but barbershops still fill niche

http://greenbaypressgazette.com/story/money/2016/02/05/79372930/


SPORTS ^top^

– Packers property taxes take temporary dip

http://greenbaypressgazette.com/story/money/2016/02/05/79300976/


TECHNOLOGY ^top^

– Fund to pump millions into faster broadband connections in rural Wisconsin

http://jsonline.com/business/367985271.html


UTILITIES ^top^

– We Energies customers could save $150 on heating this winter

http://jsonline.com/business/367928381.html


COLUMNS ^top^

– Dane Checolinski: Sheboygan is ‘Someplace Better’

http://sheboyganpress.com/story/money/2016/02/06/79472884/

– Rob Kleman: Businesses amplify Oshkosh’s growth http://thenorthwestern.com/story/money/2016/02/05/tech-businesses-amplify-oshkosh-growth/79904236/Tech businesses amplify Oshkosh growth

– Tom Still: Small budget surplus gives lawmakers a chance to stimulate economy

http://jsonline.com/business/367918191.html

PRESS RELEASES ^top^

See these and other press releases:

http://wisbusiness.com/index.iml?Content=82

Dept. of Agriculture, Trade and Consumer Protection: Value-added counselors can provide technical assistance

Greater Milwaukee Foundation: Has record year for grants

Lawrence University: Named one of the country’s top “Colleges That Pay You Back”

Midwest Food Processors Association: Touts Wisconsin vegetable production

Milwaukee Bucks: Khris Middleton to represent Bucks in Foot Locker Three-Point Contest at All-Star Weekend

UW-Madison: Three finalists chosen for vice chancellor for university relations

Wisconsin Chiropractic Association: Announces support for legislation creating primary spine care practitioner