News Archives

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10 people who are CHANGING MILWAUKEE

BizTimes Milwaukee brings you the profiles of 10 people who are changing Milwaukee,

 

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2010 RAMAC Apollo Award

Chelsea Krause, Dave Linz, and Mathew Wagner introduce the 2010 RAMAC Apollo Ward winner, Perceptral, LLC

 

2010 State of Entrepreneurship Address

Forgotten in the equation was the fundamental fact that every big company had to start small. There are no Athenas in business, no companies that spring fully formed from the mind of their founder. They all begin with one person and an idea.

 

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Attracting more venture capital is a priority for Wisconsin

Wisconsin entrepreneurs and researchers do a world-class job of coming up with ideas that will transform health care, energy, manufacturing and other industries. Finding the investors who can move those ideas forward is too often the problem.

 

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BizStarts competition connects with statewide Governor’s Business Plan Contest for 2011

A finalist from the Mason Wells BizStarts Collegiate Business Plan Competition will segue into the final round of the statewide Governor’s Business Plan Contest in 2011, organizers have announced.

 

BizStarts Milwaukee Expands Board, Names Dan Steininger President

BizStarts Milwaukee announced seven new additions to its Board of Directors and promotions within its Officers structure.

 

BizStarts Milwaukee has initiatives to enable entrepreneurs

Calling all entrepreneurs or entrepreneurs-in-the-making! If you have a dream of starting a business someday, especially if it is a potentially high-growth business, new resources are coming on stream that will help you realize your goal.

 

BizStarts Milwaukee helps create jobs rather than waiting for jobs

While many are waiting for jobs to come to Milwaukee, BizStarts Milwaukee VP Dan Steininger wants to create jobs in Milwaukee. "The only way you're going to do that is help people start companies."

 

Business startups are key to job creation in the U.S.

In the midst of record unemployment, a new Kauffman Foundation-funded U.S. Census Bureau study reports that startup companies are a major contributor to job creation.

 

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Chelsea Krause leads program that fosters startups

The BizStarts Venture Track Program is making significant strides in fostering the region’s entrepreneurs and startup ventures.

 

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Entrepreneurs insulated from roiling financial markets

The meltdown of the financial and political systems in the United States was the backdrop for a meeting of 250 enthusiastic believers in the power of entrepreneurship at Discovery World last week. More than half of the participants in the kickoff ceremony for BizStarts Milwaukee were entrepreneurs. About a dozen were the great entrepreneurs of the last generation, some of whom are still doing deals. The rest were the entrepreneurs of the 21st century. any of them are relieved they have a large portion of their funds invested in local companies, where they have some control over outcomes.

 

Entrepreneurship and innovation: The keys to global economic recovery .

Entrepreneurship and innovation: The keys to global economic recovery. There’s no time like a downturn to take advantage of entrepreneurial thinking. Innovation can — and often must — be disruptive

 

Entrepreneurship prepares for what we hope will come

One of the best strategic bets for restoring economic vitality to the Milwaukee region, creating a robust entrepreneurial ecosystem, continues to gain momentum.

 

Entrepreneurship Remains Strong in 2008 with Increasing Business Startups

New business formation increased in 2008 but, in what may be a potential harbinger of the current economic recession, U.S. entrepreneurship rates increased for the lowest-income-potential and middle-income-potential types of businesses from 2007 to 2008; it decreased for the highest-income-potential types of businesses.

 

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Fastfacts - entrepreneurship and the economy

Seventy-nine percent of Americans say entrepreneurs are critically important to job creation, ranking higher than big business, scientists, and government.

 

Focus on troubled major firms obscures fact that small business drives job creation

Hoping to jumpstart the economy’s historic engine of job creation, Obama announced the Treasury Department would spend as much as $15 billion to boost lending to credit-starved small businesses.

 

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Governor's Business Plan Contest open for 2009 entries

The Wisconsin Governor's Business Plan Contest - the nation's first statewide, tech-based business plan competition - is accepting entries online for the 2009 competition. Entries will be accepted Friday through 5 p.m. Jan. 31, 2009. The contest's Grand Prize is worth $50,000 in cash and services.

 

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Incentives are a boon to Wisconsin, but we could use a lot more.

Calling all entrepreneurs and early-stage investors: Some $10 million in 2008 investment tax credits are still available for new Wisconsin companies.

 

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Mentors are key to start-ups

In eight years as master mentor at the Massachusetts Institute of Technology, Sherwin Greenblatt has learned a few things about creating a hotbed for start-up businesses.

 

More Than Half of Fortune 500 Companies Were Founded in Recession or Bear Market

Challenging economic times can serve as the rebirth of entrepreneurial capitalism, leading to the creation of much-needed new jobs. The report also suggests a broader economic trend, with job creation from startup companies proving to be less volatile and sensitive to downturns when compared to the overall economy.

 

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News - Archive List

 

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Paulsen is first executive director of BizStarts Milwaukee

BizStarts Milwaukee announced today the appointment of Eric Paulsen as its first executive director. Paulsen has spent the last four years working as communications director for the Greater Milwaukee Committee, as well as handling membership and communications for the Milwaukee Water Council, a GMC-led economic development initiative. The GMC also played a key role in the development of BizStarts three years ago.

 

Prodesse - Develops Test for Swine Flu

Prodesse has developed a test that has successfully detected swine flu in specimens that were not revealed by other rapid tests.

 

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Reversing the brain drain: How can Wisconsin attract and retain more college grads?”

The Oct. 16 Minneapolis event is a response to a Wisconsin Alumni Association and Competitive Wisconsin Inc. survey that found 58 percent of the 2,600 UW graduates responding from Chicago, the Twin Cities, New York, San Francisco and Washington, D.C., would consider making career moves to Wisconsin.

 

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State angel network investments rose 28 percent in ’08

Wisconsin angel networks and funds posted a 28 percent increase in early stage investments in 2008, reaching more than $15 million invested in 53 deals. Recently released data showed that angel investing was down 26 percent nationally for the same year compared to 2007.

 

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Talgo plant will create 125 jobs

Spanish train manufacturer Talgo Inc. is expected to create up to 125 jobs after converting the former Tower Automotive plant on Milwaukee’s north side into a train set assembly factory. In addition, locating the Talgo plant in Milwaukee will indirectly create another 450 jobs through vendors throughout the Midwest,

 

Tech firm gets $1.6 million

Prism Clinical Imaging Inc. has received a $1.6 million grant to further develop a technology it says is revolutionizing treatment for brain cancer patients.

 

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U.S. Department of Commerce Partners with BizStarts Milwaukee,

The U.S. Commerce Department’s Economic Development Administration (EDA) today announced a $458,000 grant to BizStarts Milwaukee, Inc., to advance entrepreneurism in Wisconsin.

 

UWM's growth touted for new jobs

BizStarts Milwaukee's Dan Steininger was recently quoted in a Milwaukee Journal story on the University of Wisconsin-Milwaukee's growth plan and its role in creating start-ups and spinoffs. UWM has seen a major increase in research funding during Santiago's six years as chancellor. Outside research grants to UWM, mainly from the federal government, increased 31% in five years, from $24.8 million in 2004 to $32.6 million in 2009. That's creating the basis for more start-up businesses, spun off from university research, said Dan Steininger, vice president of BizStarts Milwaukee, a nonprofit mentoring group for entrepreneurs, and co-director of Successful Entrepreneur Investors LLC, a network of business start-up investors. Those new companies, in emerging industries, are badly needed to replace job losses throughout southeastern Wisconsin, he said. "The region has so much riding on this," Steininger said.

 

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West Bend firm wins approval for its medical device

Spaulding Clinical on Monday received clearance from federal regulators to begin using a device it created that will help the West Bend company move into a new business area. The new device, which it calls Spaulding IQ, "gives us a game-changer entry point into the Phase 2 and Phase 3 market," said Randol Spaulding, the company's chief executive officer.

 

Wisconsin Partners for National Entrepreneurship Week 2009

The third annual recognition of National Entrepreneurship Week (NEW) occurs February 21 through February 28, 2009. This week is a celebration of American entrepreneurs and the educational programs currently preparing youth to develop a passion toward entrepreneurship as a viable career option sponsored by the National Consortium for Education Excellence.