NVNG Investment Advisors announces $50M fund close

NVNG Investment Advisors has closed on a $50 million fund of funds, the firm announced recently. Investors in the fund include Exact Sciences, Baird, Johnson Financial Group, West Bend Insurance and A.O. Smith, according to a release from the Madison-based

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UW research uncovers protein that could regenerate damaged heart tissue

UW-Madison researchers have identified a protein that could be used to regenerate damaged heart tissue, giving heart failure patients hope for a potential treatment.  The Wisconsin Alumni Research Foundation recently spotlighted the breakthrough as a “top licensing prospect” among UW-Madison health inventions. The protein, called LRRC10, was discovered by researchers

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NVNG Investment Advisors announces $50M fund close

NVNG Investment Advisors has closed on a $50 million fund of funds, the firm announced recently. Investors in the fund include Exact Sciences, Baird, Johnson Financial Group, West Bend Insurance and A.O. Smith, according to a release from the Madison-based firm. NVNG Co-Founder Grady Buchanan says its mission is to

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PSC Chair Strand calls for action on Affordable Connectivity Program

Public Service Commission Chair Summer Strand has called for action on the federal Affordable Connectivity Program, noting it’s set to expire in the spring without additional funding from Congress.  She argues Wisconsin is “poised to take a major step backwards” on internet access and affordability if the program isn’t extended

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Hoffman exec highlights ‘surge’ in interest for geothermal, solar

An executive with Hoffman Planning, Design & Construction in Appleton is seeing a “real surge” in interest for new geothermal and solar projects as federal incentives reduce related costs.  Mark Hanson, the company’s director of sustainable services, spoke yesterday during the Renew Wisconsin Summit at the Monona Terrace in Madison.

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Baldwin warns of foreign investors buying U.S. farmland

U.S. Sen. Tammy Baldwin is warning that foreign investors buying U.S. farmland pose a threat to local economies, food supplies and national security as she backs a bill to expand oversight of such purchases.  The Madison Dem and a bipartisan group of federal lawmakers yesterday announced the introduction of the

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GOP bill would create state tax credit for video game companies

Republican lawmakers recently circulated legislation that would create a tax credit aimed at attracting video game companies to Wisconsin.  Rep. Clint Moses, R-Menomonie, and Sen. Patrick Testin, R-Stevens Point, sent a co-sponsorship memo to other lawmakers promoting the bill. In it, they note the video game industry dwarfs both movies

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Manufacturer approved for up to $5.85M in state tax credits by WEDC

A.Y. McDonald Mfg. Co. has been approved for up to $5.85 million in state tax credits, which it can earn through a planned expansion in Grant County.  That’s according to the Wisconsin Economic Development Corp., which yesterday announced the WEDC Board of Directors had approved the performance-based tax credits. The

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AI task force subcommittee leaders share initial recommendations

Subcommittee leaders on the Governor’s Task Force on Workforce and Artificial Intelligence say Wisconsin should invest in tax credits for AI development, assistance for workers displaced by the technology and industry-informed skills training.  During yesterday’s virtual meeting of the task force, representatives of the group’s three subcommittees shared updates on

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UW research project aims to expand farmers markets’ customer base

Federal officials have announced nearly $640,000 in new funding for a Wisconsin-based project aimed at helping farmers markets reach new customers.  The national nonprofit Farmers Market Coalition and UW-Madison were selected for this funding by the USDA Agricultural and Food Research Initiative grant program. Their project’s main goal is to

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Federal officials tout grant funding for EV-related projects

Federal officials at a stop in Wauwatosa touted newly announced grant funding for EV charging-related projects, including a training program in Wisconsin. Acting Secretary of Labor Julie Su argued “too many people have been left out of the promise of a good job” during remarks at the Milwaukee Electrical Joint

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WMC survey finds business leaders less confident in state economy

Confidence in the state economy has dropped sharply among Wisconsin business leaders over the past six months, according to the latest Wisconsin Manufacturers & Commerce survey.  WMC’s Wisconsin Employer Survey found 22% of responding business leaders rank the state economy as strong — well below the 39% seen in a

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