Early-stage investment activity in Wisconsin last year is expected to exceed $482 million once the final count is complete, according to an expert with the Wisconsin Technology Council.  Speaking yesterday during a Tech Council event in Madison, Investor Networks Director Joe Kremer shared preliminary investment deal figures for 2023. In

The founder and president of New Glarus Brewing Company says she can “breathe a sigh of relief” after an appeals court upheld an earlier decision dismissing an investor lawsuit against the business.  In an interview yesterday, Deb Carey described the two-year legal battle as a “long and kind of heartbreaking

Type One Energy, a Madison-based company developing fusion energy technology, has announced plans to relocate to Tennessee.  The company will be building its Infinity One fusion prototype machine at the Tennessee Valley Authority’s Bull Run Fossil Plant in Clinton, according to a recent release. Construction on the device is expected

The head of American Transmission Company is urging state lawmakers to pass a controversial “right of first refusal” bill, while an advocate for Wisconsin electricity customers argues there’s no need to make the change.  The legislation would give utilities already doing business in Wisconsin the right of first refusal to

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

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

A UW-Madison economist says Wisconsin is likely headed for a “soft landing” rather than a recession, based on trends in the state labor market.  The state’s chronic labor shortage is often blamed for limiting economic growth, Prof. Steven Deller wrote in a recent report. He notes firms in the state

Families with young children are more likely to face economic challenges than others in Wisconsin, according to an analysis of UW-Madison survey data.  The university yesterday announced survey results from the La Follette School of Public Affairs, which found more than a third of surveyed families with young children struggle

Sen. Duey Stroebel says it’s “only a matter of time” before his vision of community solar is passed into law in Wisconsin, though he concedes that’s not likely this legislative session.  “My main goal, frankly, is to create some competition in the area of our power source in Wisconsin,” the

A new GOP legislative proposal would grant up to $5 million a year in tax credits for film production companies.  The bill would also create a State Film Office, attached to the Department of Tourism, to oversee the program, which would allow credits such as up to 25% of the

Stakeholders are voicing opposition to proposed minimum staffing standards for nursing homes they say are unrealistic considering the state’s workforce challenges and a lack of dedicated funding.  The Biden administration proposed the standards in September in an effort to address staffing issues exacerbated by the COVID-19 pandemic and ensure residents’

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

Milwaukee-area manufacturers are more optimistic about 2024 than other businesses in the region, according to the latest Metropolitan Milwaukee Association of Commerce survey.  Seventy-one percent of surveyed manufacturers expect sales to increase this year, while 13% expect sales to fall. By comparison, 54% of non-manufacturers predict higher sales in 2024

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.

The co-founder of Smart Infusion Therapy Services in Eau Claire says the business is experiencing an “avalanche” of patient demand following the news that two western Wisconsin hospitals are shutting down.  Hospital Sisters Health System last week said it will be closing HSHS Sacred Heart Hospital in Eau Claire and

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

Wisconsin residents with a bachelor’s degree tend to earn substantially more money over the course of their career than those with only a high school degree, according to a recent UW-Madison report.  But the gender wage gap persists. The Division of Extension report was authored by Prof. Steven Deller, an

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

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

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