Biotech Alliance pushes ahead in SE Wisconsin with likely state
funding
Laptop Battery By Les Chappell • 06/01/05
A drive to unite the research efforts of southeast Wisconsin
received a boost late last week with an approved proposal for $2.5
million in research capital.
In pushing the benefits of conservation tillage, and the work being done at Kansas State, an alliance that means that a prominent Republican is involved in global warming issues.
Thinkpad The Legislature's Joint Committee on Finance voted 15-1 to
provide funding to the Biomedical Technology Alliance, an
organization of five universities encouraging collaboration in
southeast Wisconsin. The funding, proposed by Senator Ted Kanavas
of Brookfield, will go to the state legislature to be approved with
the final budget.
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Microsoft "The BTA will create a framework where grants can be worked on
by multiple universities, creating a
greater whole," Kanavas said. He
estimated that the funding will attract matching dollars from
universities and independent businesses, increasing the
alliance's resources to around $10 million.
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Laptop Computers This money will be used by the BTA to encourage collaboration
between its five members: the University of Wisconsin-Milwaukee,
the Medical College of Wisconsin, Marquette University, University
of Wisconsin-Parkside and the Milwaukee School of Engineering. The
alliance will use the money to further its goals of university
research, providing grants to researchers and supporting spin-off
companies.
By WTN News • 05. The State of Wisconsin Investment Board, which manages the 10th largest U.S. pension fund for public employees, said late on Wednesday that it has preliminary approval to put up to $50 million into state venture capital funds.
Laptop Computer • The Medical College and UW-Madison announced a plan to
collaborate on tech transfer. Read more.
laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)
Desktop Computer David Gilbert, special aide to UW-Milwaukee Chancellor Carlos
Santiago, said the BTA is an effort to guide the
economy of Wisconsin from
industrial to research-based pursuits. Since the organization
was founded in 2004, it has tried to bring together the
researchers so they can undertake bigger projects and find
"critical mass" to apply for grants.
Notebooks The organization is focused on making sure the research stays in
the region rather than pushing it out to other parts of the
country. William Hendee, dean of the Medical College of Wisconsin,
said when Wisconsin entrepreneurs license a technology outside of
the state it takes away jobs and creates an "idea drain" in
research fields.
Lenovo An organization like BTA helps provide a framework for these
researchers to fall back on, as well as giving them an opportunity
for further funding. Hendee cited that similar partnerships between
the Mayo Clinic and the University of Minnesota have been
beneficial to the state and allowed researchers to flourish.
Hard Drive "We want to capture the ideas that capitalize off the ideas in
SE Wisconsin, rather than capitalizing them to the real world,"
Hendee said. "One of the things in very short supply in Wisconsin
is money that has the potential to develop new ideas."
Travelstar BTA focuses closely on three areas of growing research in the
area: medical imaging,
health-related informatics and
rehabilitative engineering. They have sponsored several
networking seminars between the five universities revolving
around these topics and are forming partnerships with GE
Healthcare and Aurora Healthcare.
Gateway The organization has also moved outside the southeastern region,
building loose ties with similar groups in the Madison area. Hendee
said they have had meetings with the Wisconsin Biotechnology and
Medical Device Association, and work with the medical school at the
University of Wisconsin-Madison.
Laptop Parts However, the group's focus is on strengthening the resources in
southeast Wisconsin, rather than expanding into new areas. "We're
happy to develop ties, but our interests are always in this area,"
Hendee said.
Software As part of the effort to keep research in the region, BTA has
pushed for the expansion of the existing research park in Milwaukee
so start-up companies have more places to set up shop. The group
was also involved in the establishment of the Wisconsin Institute
of Biomedical and Health Technologies, a collaborative environment
for UW-Milwaukee and Medical College researchers.
Hard Drives Gilbert said that ultimately BTA would like to see all of the
scientists and lab research in the region united under one roof,
but creating a campus like that is no more than a vision at this
point.
Electronics Right now, the organization will focus on getting the
researchers every advantage it can, bringing their work to the
regional eye and getting them the funding they need.
Canon Brian Thompson, managing partner of TechStar, a consulting firm
which was involved in the establishment of the BTA, said that since
BTA is at its heart an academic organization the best thing they
can do is provide the right setting. "What you need to do is bring
scientists together into a large group and let them find each
other," he said.
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