Jessica Reilly

Wisconsin Celebrates Tech Hub Status and $49M Investment in Biohealth

Jessica Reilly · Jul 3, 2024 ·

The announcement that Wisconsin has been officially designated as a U.S. Regional Tech Hub is a game-changer for the state’s biohealth and personalized medicine sectors. This milestone brings with it a $49 million federal grant designed to boost research, innovation, and job creation. For biohealth industry professionals, investors, and site selectors, this news marks a significant step forward in establishing Wisconsin as a leader in cutting-edge health technologies. Read on to discover how this development will impact the region and what you can expect in the coming years.

Today’s Announcement and its Impact on Wisconsin

The U.S. Economic Development Administration (EDA) has approved $49 million in Phase 2 funding for the Wisconsin Biohealth Tech Hub. This approval is part of the Regional Technology and Innovation Hubs program and positions Wisconsin as one of just 12 Tech Hubs across the nation to receive such funding. The announcement is a testament to the state’s growing influence in the biohealth sector and its potential to lead in personalized medicine.

Madison Region’s Growing Role as a Biohealth Leader

For the Madison Region, this designation means significant economic growth and job creation. The Tech Hub is projected to create up to 30,000 jobs over the next decade and generate $9 billion in economic activity. The Madison Regional Economic Partnership (MadREP) will play a crucial role in these developments, working alongside other consortium members to implement technology and workforce projects.

MadREP will be instrumental in coordinating efforts between public and private partners. This includes managing projects that span from health data analytics to mobile cancer screening initiatives. By leveraging its local expertise and industry connections, MadREP will ensure that the Madison Region fully capitalizes on this opportunity.

“This is a landmark achievement for Wisconsin’s Madison Region,” said MadREP CEO Jason M. Fields. “The $49 million in funding will not only bolster our biohealth capabilities but also set the stage for long-term economic growth and job creation. We’re excited to be part of the team leading this charge and demonstrate the power of collaborative innovation.”

Madison is already well-known for its concentration of bioscience companies. This sector has been a driving force behind the regional economy, supporting thousands of high-paying jobs and fostering innovation. The new funding will only strengthen this sector, providing resources to expand lab space, enhance research capabilities, and improve manufacturing coordination.

What’s Next for Wisconsin?

Looking ahead, Wisconsin and the Madison Region will focus on several key projects to advance personalized medicine and biohealth technologies. These include:

Wisconsin Health Data – Led by UW-Madison, this project aims to accelerate product development and improve clinical treatments through personalized health data.
CAREScan Mobile Cancer Screening – Managed by the Medical College of Wisconsin, this initiative will deploy mobile screening units to increase early cancer detection rates.
Image-Guided Personalized Therapies – Overseen by GE Healthcare, this project will integrate AI and personalized health data to develop new therapeutic technologies.

These projects are expected to have a far-reaching impact, not just in terms of healthcare outcomes but also in driving economic development. By fostering innovation and collaboration among various stakeholders, Wisconsin aims to set a new standard in biohealth technology.

Engaging the Biohealth Community

MadREP is committed to fostering a sense of community among economic developers and biohealth professionals. Are you an ED pro? Stay tuned for announcements about upcoming events where you can learn more about the Tech Hub’s initiatives and how you can get involved. Sign up today to stay updated on all the latest news and opportunities.

Call to Congress

While today’s announcement is a significant achievement, the work is far from over. The Chamber and consortium members call on Congress to fully fund the Regional Technology and Innovation Hubs program to its authorized amount of $10 billion. This additional funding is crucial to maximizing the program’s potential and ensuring sustained innovation and economic growth.

Final Thoughts

The designation of Wisconsin as a U.S. Regional Tech Hub is a monumental step forward for the state’s biohealth sector. With $49 million in federal funding and the promise of creating thousands of jobs, the future looks incredibly bright for the Madison Region. This achievement underscores the importance of collaboration, innovation, and strategic investment in driving economic growth and improving healthcare outcomes.

The Wisconsin Biohealth Tech Hub is set to revolutionize the industry, and we invite you to be part of this transformative journey. Sign up today to get involved and make a lasting impact.

For further details, visit the Wisconsin Tech Hub website and stay connected with the Wisconsin Biohealth Tech Hub community.

Wisconsin Gears Up for More Fab Labs in 2024

Jessica Reilly · Jun 24, 2024 ·

2024 is shaping up to be an exciting year for education and workforce development in Southcentral Wisconsin, as the region prepares to welcome a new wave of fab labs. These high-technology workshops are set to revolutionize how students and professionals engage with science, technology, engineering, arts, and mathematics (STEAM). Let’s explore what this means for the Madison Region.

“Fab labs are a cornerstone of our commitment to fostering innovation and economic growth in the Madison Region. By providing state-of-the-art technological resources and hands-on learning opportunities, we are equipping the next generation with the skills and creativity necessary to excel in an increasingly competitive global market.”
Jason M. Fields, CEcD, CFEI, CCRS, President & CEO of MadREP

The 2024 Fab Labs Awards Announcement

In April 2024, the Wisconsin Economic Development Corporation (WEDC) and Governor Tony Evers announced a significant investment in the state’s educational infrastructure. Over $493,000 in grants have been distributed among 18 school districts to establish or expand fab labs. This initiative is a strategic move to equip students with the skills needed for the modern workforce and ensure that Wisconsin remains competitive in a rapidly evolving economic landscape.

Fab Labs in the Madison Region

The Madison Region, comprised of Columbia, Dane, Dodge, Iowa, Green, Jefferson, Rock and Sauk counties, is a hotspot for these new developments. four school districts in our Region (Deerfield Community School District, DeForest Area School District, Fall River School District and Waunakee Community School District) have been awarded fab lab grants, bringing the total number of fab lab awards in the Region to an impressive twenty-six. These grants represent a commitment to fostering innovation and providing students with hands-on learning experiences.

What Are Fab Labs?

Fab labs, short for fabrication laboratories, are high-technology workshops equipped with state-of-the-art manufacturing components like 3D printers, laser engravers, computer numerical control (CNC) routers, and plasma cutters. These facilities enable students and professionals to design, prototype, and create physical objects, bridging the gap between theoretical knowledge and practical application.

The Role of Fab Labs in Workforce Development

Fab labs play a crucial role in workforce development by providing students with practical experience in STEAM fields. They help cultivate a skilled workforce ready to tackle the challenges of the 21st-century economy. By engaging with advanced technologies, students gain valuable skills that are directly applicable to industries such as manufacturing, engineering, and design.

Other Districts Receiving Fab Lab Awards

In addition to the schools in the Madison Region, several other districts across Wisconsin have received fab lab grants, including:

Butternut School District – $22,000
Racine Unified School District – $25,000
Tri County Area School District, Plainfield – $25,000
CESA 3 (Consortium) – Fennimore – $47,396
Hayward Community School District – $25,000
School District of Nekoosa – $25,000
New Lisbon School District – $25,000
Random Lake School District – $24,300
St. Croix Central School District – $25,000
Washington Island School District – $25,000
Weyauwega-Fremont School District – $25,000
Whitehall School District (Consortium) – $50,000

The Impact of Fab Labs on the Community

The introduction of fab labs has a ripple effect that extends beyond the classroom. These facilities serve as hubs for innovation and collaboration, bringing together students, educators, and industry professionals. They foster a culture of creativity and problem-solving, encouraging participants to think critically and develop solutions to real-world challenges.

Why Fab Labs Are Essential for Future Growth

In an era where technology is rapidly advancing, it is essential to equip the next generation with the skills and knowledge required to succeed. Fab labs provide a unique opportunity for students to engage with cutting-edge technologies and develop a deep understanding of STEAM subjects. This hands-on experience is invaluable in preparing them for future careers.

How Fab Labs Enhance Learning

Fab labs offer an interactive and immersive learning environment that goes beyond traditional classroom teaching. Students can see their ideas come to life as they work on projects that require critical thinking and technical skills. This experiential learning approach helps students retain information better and fosters a love for learning.

The Role of Educators in Fab Labs

Educators play a pivotal role in the success of fab labs. They guide students through the learning process, helping them understand complex concepts and encouraging them to explore new ideas. Professional development for teachers is also essential to ensure they are well-equipped to utilize fab lab resources effectively.

Success Stories from Fab Labs

There are countless success stories from schools that have integrated fab labs into their curriculum. For instance, students at Seymour High School have used their fab lab to develop innovative projects, ranging from robotics to custom-designed furniture. Projects like these not only enhance their technical skills but also boost their confidence and creativity.

Future Prospects for Fab Labs in Wisconsin

The future looks bright for fab labs in Wisconsin. With continued support from the WEDC and state government, more schools will have access to these valuable resources. WEDC will provide grants of up to $25,000 to eligible Wisconsin public school districts, or up to $50,000 to consortiums of two or more public school districts, for the creation and/or expansion of fabrication laboratories within the school district(s). Visit WEDC’s fab lab resource page to learn more.

How to Get Involved with Fab Labs

If you are interested in fab labs, consider collaborating with local schools, participating in workshops and training sessions, or even setting up a fab lab in your community. WEDC’s fab lab resource page offers valuable information on getting started.

The expansion of fab labs in Southcentral Wisconsin is a significant step towards building a brighter future for students and professionals alike. These high-technology workshops provide invaluable hands-on learning experiences, prepare students for future careers, and foster a culture of innovation and creativity.

If you’re passionate about education and technology, now is the perfect time to get involved and make a difference. Explore the opportunities that fab labs offer and join the movement towards a more skilled and innovative workforce. For more information on how to set up a fab lab or to access resources, visit the Wisconsin Economic Development Corporation’s website.

Thermo Fisher Scientific’s $58 Million Expansion in Middleton

Jessica Reilly · Jun 21, 2024 ·

*Image Courtesy of Wisconsin Economic Development Corporation*

A Milestone for Middleton and Beyond

In a significant move to further enhance the biohealth sector, Thermo Fisher Scientific is set to expand its operations in Middleton, Wisconsin, with a $58 million investment. This expansion is not just a win for the company but a significant boost for the local economy, promising hundreds of new jobs and a stronger community.

Background on Thermo Fisher Scientific

Thermo Fisher Scientific, headquartered in Waltham, Massachusetts, is a global leader in serving science. Formed through the 2006 merger of Thermo Electron and Fisher Scientific, the company has grown exponentially through strategic acquisitions, including Life Technologies Corp., Affymetrix, FEI Co., and PPD Inc. With annual revenues exceeding $44 billion, Thermo Fisher offers a vast array of analytical services and laboratory solutions for drug development and biopharmaceuticals.

Expansion Details

Governor Tony Evers, alongside company officials and local leaders, recently celebrated the groundbreaking of this new venture. The expansion includes a 72,500-square-foot building at the company’s Good Manufacturing Practices (GMP) lab. This facility will significantly enhance the site’s chemistry, manufacturing, and control (CMC) analytical capabilities. The Wisconsin Economic Development Corporation (WEDC) is supporting this project by authorizing up to $2.15 million in performance-based tax credits, contingent on job creation and capital investment through September 2026.

Economic Impact

The economic implications of this expansion are profound. The new facility is expected to create approximately 350 new jobs, adding to the nearly 2,300 employees already working at Thermo Fisher’s research campus in the region. This influx of highly skilled professionals will contribute to the local economy, providing new opportunities and fostering community growth.

Governor Evers emphasized the importance of this project, stating, “This new state-of-the-art facility will not only further advance our state’s biosafety testing capabilities and create hundreds of jobs, but it will also help protect consumers and improve patient health outcomes across the state.”

Community and Industry Support

Local and state representatives have shown overwhelming support for the expansion. U.S. Rep. Mark Pocan highlighted how this investment will help the local economy flourish, while State Sen. Dianne Hesselbein praised Thermo Fisher for recognizing the great workforce and community in Middleton.

Missy Hughes, WEDC Secretary and CEO, remarked, “Thermo Fisher plays a key role in our state’s biohealth and biotechnology industry by providing many of the clinical services companies need to bring safe and effective treatments to patients. Their continued growth is a huge win for innovation in our state.”

Advancing Health and Science

Leon Wyszkowski, President of Analytical Services, Clinical Research at Thermo Fisher Scientific, expressed excitement about the expansion, “We are thrilled to expand our overall capacity and capabilities in laboratory services to help our customers deliver therapies that meet the highest quality and safety standards for patients.”

Looking Ahead

Madison Region Economic Partnership (MadREP) has also played a pivotal role in facilitating this project. Jason M. Fields, President & CEO of MadREP, shared his insights on the significance of this expansion, “The collaboration between Thermo Fisher Scientific and MadREP underscores our commitment to fostering innovation and economic growth in southcentral Wisconsin. We are proud to support such advancements in the bioscience sector and are hopeful for the continued progress and future developments that will stem from this partnership.”

As the region continues to grow as a hub for biohealth and biotechnology, such collaborations are essential to driving forward scientific research and medical advancements, ultimately improving patient care and safety across the globe.

Thermo Fisher Scientific’s $58 million expansion in Middleton is a testament to the company’s commitment to enhancing health and safety through scientific innovation. This project not only strengthens Wisconsin’s position as a leader in the biohealth sector but also provides significant economic benefits to the local community.

Stay tuned for more updates as this exciting project progresses. If you’re a business professional looking to leverage the latest advancements in biohealth, consider exploring the opportunities this expansion presents. Together, we can build a healthier, stronger future for all.

Kikkoman Groundbreaking in Wisconsin

Jessica Reilly · Jun 14, 2024 ·

In a spectacular event showcasing collaboration and growth, Kikkoman Foods Inc. recently broke ground on a new state-of-the-art manufacturing facility in Jefferson, Wisconsin. This significant event marks another milestone in the longstanding relationship between Kikkoman and the state of Wisconsin.

Why is This Groundbreaking Important?

This groundbreaking ceremony was not just another corporate event; it was a testament to decades of mutual trust and cooperation. The new facility represents a major investment of more than $800 million, including a $560 million investment in Jefferson and an additional $250 million expansion at Kikkoman’s existing facility in Walworth. Governor Tony Evers, along with Kikkoman Chairman and Honorary CEO Yuzaburo Mogi, Wisconsin Economic Development Corporation (WEDC) Secretary and CEO Missy Hughes, and other local leaders, gathered to celebrate this remarkable step forward.

“Today’s events are a watershed moment in Wisconsin’s relationship with a global brand like Kikkoman,” said Gov. Evers. “The strong connection between Wisconsin and Japanese businesses like Kikkoman has been instrumental in driving Wisconsin’s economic growth, bolstering innovation, and creating valuable employment opportunities.”

The Impact on Southcentral Wisconsin

The new facility in Jefferson is set to create at least 83 high-paying jobs over the next 12 years. This is a significant boost for local employment and economic development. The facility will also serve as a model of modern, highly automated food manufacturing, contributing to Wisconsin’s burgeoning reputation as a hub for food and beverage innovation.

“The site selection process is incredibly competitive and Kikkoman’s choice to establish roots in Jefferson County underscores the county’s reputation as a prime destination for food and beverage manufacturers,” said Deborah Reinbold, President of Thrive Economic Development. “Transformative projects of this magnitude require the dedication and cooperation of many, and this success is a testament to our collective efforts.”

MadREP VP of Economic Development Everett Butzine amplified her sentiments, stating, “Supporting our county partners at Thrive through the site selection process has been profoundly gratifying. At MadREP, we are fortunate to collaborate with such outstanding county partners.”

Jefferson Mayor Dale Oppermann emphasized the importance of Kikkoman’s investment by stating, “Kikkoman’s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We appreciate the trust Kikkoman has placed in our community and look forward to a long, prosperous partnership.”

Role of Regional Economic Development

The Wisconsin Economic Development Corporation (WEDC) has been a pivotal player in facilitating this investment. WEDC will award up to $15.5 million in performance-based tax credits to support Kikkoman’s expansion efforts. “WEDC is pleased to support Kikkoman’s growth in our state and the bright future it promises for our communities,” said Missy Hughes, Secretary and CEO of WEDC.

The collaborative efforts between state and local governments, economic development agencies, and private enterprises underscore the importance of regional economic development in fostering large-scale investments. These partnerships are crucial for attracting and retaining global businesses, which in turn drive job creation and economic growth.

Economic Partnership with Japan

Japan has long been a significant partner for Wisconsin, both economically and culturally. There are currently 81 Japanese companies with over 224 operations throughout the state, creating approximately 9,000 jobs. Since 2013, Japan has invested over $2.6 billion in Wisconsin, making it the second-largest investor in the state after Canada.

Governor Evers’ recent participation in the White House State Dinner in honor of Prime Minister Kishida Fumio further highlights the deep-rooted economic ties and the mutual benefits derived from such partnerships. This solidifies Wisconsin’s role in fostering international economic relationships and underscores the state’s commitment to maintaining and growing these valuable connections.

Conclusion

The Kikkoman groundbreaking ceremony in Jefferson is more than just the start of constructing a new facility; it marks a new chapter in Wisconsin’s economic story. With substantial investments, job creation, and the continuous support from regional economic development entities, Kikkoman’s expansion promises a brighter future for Southcentral Wisconsin.

If you’re keen on learning more about how investments like these can impact local economies or are interested in exploring business opportunities in Wisconsin, our team of experts is here to help. Contact us today to discover how we can assist you in navigating this dynamic economic landscape.

MadREP CEO Jason Fields Shares Expertise in Forbes Best Practices Roundup

Jessica Reilly · Jun 5, 2024 ·

In the business world, gaining recognition from a prestigious publication can be a game-changer. Recently, Jason Fields, the President and CEO of Madison Region Economic Partnership (MadREP), was featured in a Forbes’ “best practices” roundup, 20 Ways Nonprofits Can Demonstrate Impact Beyond Numbers. This milestone not only highlights his expertise but also underscores the innovative approach MadREP takes in supporting startups and fostering economic growth in Southcentral Wisconsin.

The Forbes Council and Jason Fields’ Involvement

An Exclusive Honor

Being part of the Forbes Council is no small feat. This invitation-only community is comprised of top industry leaders who share their insights and expertise on various topics. Jason Fields’ inclusion in this esteemed group is a testament to his impactful work at MadREP and his commitment to economic development.

Expert Advice in the Spotlight

Fields’ expert advice was selected for the “best practices” roundup, 20 Ways Nonprofits Can Demonstrate Impact Beyond Numbers, a collection of valuable tips and strategies from industry leaders. His contribution sheds light on innovative ways nonprofits can demonstrate their impact beyond just numbers.

Beyond Numbers How Nonprofits Can Demonstrate Impact

The Challenge of Quantifying Impact

Nonprofits often face the challenge of illustrating their value in a way that goes beyond financial metrics. Jason Fields, along with other experts from the Forbes Nonprofit Council, provide creative solutions to this problem.

Showcase Visuals and Contextual Data

One effective strategy is to combine storytelling with metrics. By using visuals, testimonials, and contextual data, nonprofits can paint a fuller picture of their work. This approach makes their impact more relatable and understandable to stakeholders.

Personalized Communication

It’s crucial to tailor communication to different stakeholder groups. Understanding what each group values and creating dynamic campaigns based on their interests can significantly enhance engagement.

Real Stories from Real People

Personalized updates and stories from those directly impacted by the nonprofit’s work can humanize the mission. Sharing these narratives is often more powerful than statistics alone.

MadREP’s Mission and Support for Startups

Technical Assistance for Promising Startups

At the core of MadREP’s mission is providing technical assistance to promising startups in southcentral Wisconsin. By offering resources, guidance, and support, MadREP helps these startups thrive in a competitive landscape.

Building a Thriving Business Ecosystem

MadREP is dedicated to building a robust business ecosystem. Through various initiatives, they foster innovation, support local businesses, and attract potential investors to the Region.

Your Startup Could Be Next

If you have a promising startup, MadREP wants to hear from you. Our commitment to nurturing new businesses means that your venture could benefit from our resources and expertise.

20 Strategies for Nonprofits to Demonstrate Impact

Showcase Visuals and Contextual Data

By using storytelling alongside metrics, nonprofits can provide a comprehensive view of their work. Success stories, visuals, and contextual data help make the impact more tangible.

Communicate Differently to Each Stakeholder Group

Identifying and understanding your stakeholders is key. Tailoring communication to address their specific interests and priorities can enhance the effectiveness of your campaigns.

Provide Personalized Updates

Sharing real, personalized stories from those benefiting from the nonprofit’s work can have a significant impact. These narratives humanize the mission and resonate on a deeper level.

Create Your Own Measurement Model

Developing a unique model for measuring progress and success can be very effective. Being transparent about goals, progress, and setbacks helps build trust with stakeholders.

Utilize Financial Results

Even when mission-based results are hard to quantify, financial results can always be leveraged. Sharing how investments are used and showcasing growth can illustrate value effectively.

Get Your Stakeholders Involved

Involve stakeholders in evaluating the impact. Engaging them through interviews, workshops, or direct feedback sessions makes them feel more connected and invested.

Use Images and Social Media

Leveraging multimedia, such as video, images, and social media, can bring your nonprofit’s work to life. These tools help make intangible results more tangible.

Forge Qualitative Data

Using qualitative data, like testimonials and stories, can powerfully demonstrate impact. These narratives draw in your audience and stakeholders by showcasing transformations.

Give a Behind-the-Scenes Look

Offering a behind-the-scenes glimpse into daily operations can engage stakeholders. This approach helps them understand the day-to-day activities and challenges.

Create Video Testimonials

Video testimonials are a compelling way to tell your story. They allow donors and stakeholders to hear directly from those whose lives have been impacted.

Share Stories from Multiple Viewpoints

Storytelling from various perspectives, including clients, staff, and volunteers, creates a comprehensive narrative. Recent and specific examples are particularly powerful.

Highlight Key Successes

Focusing on key successes and using first-person testimonies can effectively share your impact without overloading stakeholders with data.

Answer the ‘So What?’ Question

It’s essential to go beyond the numbers and explain the significance of your work. Highlighting how your efforts have led to tangible benefits can make a stronger impression.

Share Long-Term Results

Demonstrating long-term outcomes, such as increased earnings or reduced societal costs, can provide compelling evidence of your nonprofit’s impact.

Share Detailed Case Studies

Developing case studies that highlight specific success stories can illustrate the significance of your work. These detailed narratives provide a vivid picture of your contributions.

Provide Your Net Promoter Score

Using metrics like the Net Promoter Score can help gauge stakeholder satisfaction. This score reflects how likely people are to recommend your organization.

Communicate the Four T’s of Philanthropy

Highlighting the time, talent, treasure, and testimony involved in your work can effectively demonstrate return on investment for stakeholders.

Share Stories That Tell the Greater Story

Testimonials from direct recipients of your services can be incredibly impactful. These stories evoke emotion and leave a lasting impression.

Showcase Before-and-After Scenarios

Crafting before-and-after scenarios can make the impact more relatable. This approach turns abstract achievements into tangible narratives.

Always Be Transparent

Transparency about your processes, programs, and people is crucial. Being open about your intentions and approach can rally more supporters.

Empowering Your Entrepreneurial Journey

Jason Fields’ feature in Forbes not only highlights his expertise but also underscores MadREP’s dedication to fostering economic growth and supporting startups. By implementing the strategies shared by Fields and other experts, nonprofits can effectively demonstrate their impact and engage stakeholders more deeply.

If you’re an entrepreneur with a promising startup, MadREP is here to support you. Reach out to us and discover how we can help you thrive in southcentral Wisconsin.

For more insights and expert advice, stay tuned to our blog and consider joining the vibrant community of business leaders and entrepreneurs who are shaping the future.