TUE AM News: Crowdfunding, Madison startup fair, power grid research


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From WisBusiness.com …

— Though the first four nonprofit campaigns on the nVestWisconsin platform didn’t meet their goals, the president of the new crowdfunding website says he’s excited about its future.

“The success was beginning and building the network [of donors],” said Mike Semmann, who’s also the executive vice president and COO of the Wisconsin Bankers Association.

The nVestWisconsin platform, launched late last year, offers people a chance to donate to local Wisconsin nonprofits. It also will soon begin offering an equity crowdfunding platform in which people can take an equity or debt stake into a company.

Instead of using the popular crowdfunding websites GoFundMe and Indiegogo, donors are currently able to use nVestWisconsin to donate to a local project or a “building they’re driving past,” Semmann said.

But the challenge will be to gather enough excitement around the platform. The WBA, which runs the project with Crowdfund i94, is therefore reaching out to its members and holding listening sessions with nonprofit groups that want to join the effort.

See more in a new WisBusiness.com story:

http://www.wisbusiness.com/index.iml?Article=364243

— The fourth annual Madison Startup Fair tomorrow will allow companies to highlight their work and find new talent.

The event, which will take place at UW-Madison’s Gordon Commons, will include several gener8tor grads such as AltusCampus and AkitaBox and other companies such as HealthMyne, Propeller Health and SmartUQ.

See more:

http://www.capitalentrepreneurs.com/startup-fair/

— A team of UW-Madison researchers will help people better understand how the U.S. electrical power grid could develop.

The researchers, led by UW-Madison power engineering professor Christopher DeMarco, got a $1.9 million grant from the U.S. Department of Energy. They will develop data sets that others will be able to use to model how the grid could fold in more renewable energy sources or improve how energy is stored.

“We’ve made great advances in electric energy technology over the past two decades,” DeMarco said. “We’ve reduced the costs of wind and solar and opened the door to new electric energy storage, but significant hurdles remain in integrating and optimizing these technologies on a large scale for the U.S. grid.”

See more:

http://www.engr.wisc.edu/news/archive/2016/Jan26-Power-Grant-Grid.html

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**REGISTER NOW Thursday Feb. 18: State Budget Director Michael Heifetz**

Michael Heifetz serves as the Division of Executive Budget and Finance administrator, as well as state budget director. Prior to his appointment as Administrator, Michael served as vice president of governmental affairs at Dean Clinic and SSM Health Care of Wisconsin for the past 11 years. Before that, he was a top legislative aide.

Heifetz will discuss the Walker administration’s priorities as the legislative session winds down.

Check-in begins at 11:30 a.m. at The Madison Club, 5 E. Wilson St., Madison. Event ends at 1 p.m. Parking available at a nearby city ramp, Monona Terrace or the Hilton Hotel garage next door.

$19 for program and buffet luncheon.

Pre-registration required: Contact The Madison Club at reception@madisonclub.org

Sponsors: Whyte Hirschboeck Dudek, American Family Insurance, University Research Park, Walmart, and Xcel Energy.



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TOP HEADLINES

New Marshfield hospital could create 1,000 jobs

http://marshfieldnewsherald.com/story/news/2016/02/01/79635460/

More premium seating the focus of survey on potential Camp Randall renovations

http://host.madison.com/75a80123-08e6-5179-8daf-4c69a49772e1.html

J.P. Cullen touts prefab expertise in winning Bucks construction gig

http://bizjournals.com/milwaukee/blog/2016/02/j-p-cullen-touts-prefab-expertise-in-winning-bucks.html

Erik Buell racing hopes to restart motorcycle production in March

http://jsonline.com/business/367281991.html

New economic development group in the works for Waukesha County

http://bizjournals.com/milwaukee/news/2016/02/01/new-economic-development-group-in-the-works-for.html

Wisconsin bankruptcy filings dip to lowest level in eight years

http://jsonline.com/business/367254091.html


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STORY TOPICS

AGRIBUSINESS ^top^

– Von Ruden re-elected president of the Wisconsin Farmers Union

http://wisconsinagconnection.com/story-state.php?Id=128&yr=2016

– Wisconsin’s Ryan Olson re-elected president of National Farmers Organization

http://wisconsinagconnection.com/story-state.php?Id=129&yr=2016


CONSTRUCTION ^top^

– Riley Construction is overseeing work on the Olympia Brown Elementary School

http://dailyreporter.com/2016/02/01/extra-credit-photo-slideshow/

– Residential construction continues upward trend

http://dailyreporter.com/2016/02/01/residential-construction-continues-upward-trend/


ECONOMY ^top^

– Realtors’ economist predicts rising mortgage rates

http://jsonline.com/business/367265121.html


EDUCATION ^top^

– CHS Larson Cooperative offering scholarship funds

http://wisconsinagconnection.com/story-state.php?Id=133&yr=2016


HEALTH CARE ^top^

– Prevea Health opens Ashwaubenon clinic

http://greenbaypressgazette.com/story/money/2016/02/01/79644788/


INVESTING ^top^

– Construction bonds help UW System net worth grow

http://dailyreporter.com/2016/02/01/construction-bonds-help-uws-net-worth-grow/


MANAGEMENT ^top^

– Despite Chicago CEO, Laughlin Constable retains Milwaukee HQ

http://bizjournals.com/milwaukee/blog/2016/02/despite-chicago-ceo-laughlin-constable-retains.html

– Johnson Controls CEO Alex Molinarioli to be speaker at Milwaukee Business Journal’s power breakfast

http://bizjournals.com/milwaukee/blog/2016/02/johnson-controls-ceo-alex-molinaroli-to-be-speaker.html


MANUFACTURING ^top^

– Classic tractor dealer Brandon WIlke passes

http://wisconsinagconnection.com/story-state.php?Id=132&yr=2016


MEDIA ^top^

Jeff Levering promoted to Bob Ueckers sidekick on Brewers radio

http://bizjournals.com/milwaukee/news/2016/02/01/jeff-levering-promoted-to-bob-ueckers-sidekick-on.html


POLITICS ^top^

– Fed rate hikes may slow amid economic unrest

http://biztimes.com/2016/02/01/fed-rate-hikes-may-slow-amid-economic-unrest/


REAL ESTATE ^top^

– Kohler Co. to open downtown Milwaukee office

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

– Florida attorney purchases Cudahy strip mall

http://biztimes.com/2016/02/01/florida-attorney-purchases-cudahy-strip-mall/

– Mandel to start construction soon on Domus apartments in 3rd Ward

http://bizjournals.com/milwaukee/blog/real_estate/2016/02/mandel-to-start-construction-soon-on-domus.html


RETAIL ^top^

– New zoning would create Menomonee Valley home decor district

http://jsonline.com/business/367239711.html

– Dairy Queen opens Friday in Wisconsin Rapids

http://wisconsinrapidstribune.com/story/money/2016/02/01/79643088/

– New Culvers to open in Plover

http://stevenspointjournal.com/story/money/2016/02/01/79635450/

– Searching for factory deals in Appleton

http://postcrescent.com/story/money/companies/buzz/2016/02/01/79645578/


SMALL BUSINESS ^top^

– Weimann’s sports center Sheboygan closing

http://sheboyganpress.com/story/money/2016/02/01/79635362/


SPORTS ^top^

– Attanasio stresses patience to Brewers fans at On Deck event

http://bizjournals.com/milwaukee/news/2016/02/01/attanasio-stresses-patience-to-brewers-fans-at.html


TECHNOLOGY ^top^

– Texas refinery company invests in Madison’s Virent’s renewable fuel technology

http://jsonline.com/business/367298391.html


COLUMNS ^top^

– Gitomer: The big secrets of enthusiastic emotional engagement

http://biztimes.com/2016/02/01/gitomer-the-big-secrets-of-enthusiastic-emotional-engagement-2/

– Making lemonade: A silver lining to the UW System reductions

http://jsonline.com/blogs/business/making-lemonade-641096978811-367286781.html

PRESS RELEASES ^top^

See these and other press releases:

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

DeWitt: Adds well-known family law attorney to its team

MacIver Institute: Submits comments to EPA on the problems of the Clean Power Plan

Wisconsin Farmers Union: Recognizes ‘Friends of the Family Farmer’

Wisconsin Farmers Union: Von Ruden re-elected Farmers Union President

Wisconsin Farmers Union: Von Ruden re-elected Farmers Union President

Wisconsin Manufacturers & Commerce: EVCO Plastics competing for 28th annual Wisconsin Manufacturer of the Year award