Economic Development

Madison Region Economic Partnership (MadREP) Announces New Leadership Direction

Jorden Ludeking · Nov 18, 2024 ·

Madison, WI – Nov. 18, 2024 – The Madison Region Economic Partnership (MadREP), a leading non-profit dedicated to economic development in the eight-county Madison Region, today announced the resignation of its President and CEO, Jason Fields, effective December 1, 2024.

Jason M. Fields, CEO & President of MadREP

Fields has been with MadREP for four years, during which time he has made significant contributions to the organization’s mission of fostering economic growth and development. Under Fields’ leadership, MadREP has expanded its partner base, supported regional businesses through multiple programs during the pandemic, and most importantly developed a Comprehensive Economic Development Strategy (CEDS), a designation from the US Economic Development Administration that positions MadREP to secure additional resources to further is mission.

“It has been an honor to serve as the President and CEO of MadREP,” said Fields. “I am incredibly proud of what we have accomplished together and am confident that the organization will continue to thrive and make a positive impact on our community.”

The board Executive Committee will appoint Everett Butzine, now MadREP’s Vice President of Economic Development, to the role of Interim President and CEO to ensure a smooth transition.

“We are grateful for Jason Fields’ dedication and leadership over the past four years,” said Peter Tan, Chair of the Board of Directors. “We wish Jason all the best in his future endeavors and are committed to making sure the next phase of leadership drives our mission forward.”

For more information, please contact: Peter Tan, MadREP Board Chair, ptan@strang-inc.com

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About Madison Region Economic Partnership (MadREP) is dedicated to advancing economic development in the eight-county Madison Region, which includes Columbia, Dane, Dodge, Green, Iowa, Jefferson, Rock, and Sauk counties. Our mission is to drive economic growth and enhance the quality of life in our communities through strategic initiatives and partnerships.

Abingdon Health Expands to Madison, WI: New Office and Lab Set to Enhance Bioscience Innovation

Jorden Ludeking · Oct 24, 2024 ·

Abingdon Health plc (“Abingdon”), a UK-based leading developer and manufacturer of medical devices worldwide, just announced its expansion to Madison, WI. The company has signed a lease at University Research Park and expects to become fully operational in early 2025.

“We are excited to be opening our Abingdon Health USA commercial office and laboratory in Madison. We look forward to being closer to our existing and future customers and contributing to this rapidly growing bio and animal health community with our unique end-to-end value proposition for point-of-care diagnostics.” – Chris Yates, CEO of Abingdon Health

Madison Region Economic Partnership (MadREP) played a key role in facilitating Abingdon Health USA’s decision to set up operations in Madison. MadREP’s economic development plan, Elevate Strategy, outlines the goal of increasing the bioscience sector in the broader Madison region.

“Attracting Abingdon Health USA to the Madison Region underscores our organization’s commitment to enhancing the bioscience sector and positioning Madison as a global leader in life sciences. This collaboration aligns with our ‘Elevate Strategy,’ as it leverages Madison’s rich bioscience infrastructure and fosters innovation by bringing world-class companies to the region. Abingdon Health’s decision to expand here highlights the unique advantages Madison offers to bioscience companies, including a highly skilled workforce, cutting-edge research, and a rapidly growing ecosystem.” – Everett Butzine, VP of Economic Development at MadREP

“All along the way, we have appreciated and benefited from the support of MadREP. Abingdon Health USA is eager to continue our partnership with MadREP and leverage its extensive regional network to bring complementary expertise and economic development to the region.” – Chris Yates, CEO of Abington Health

Findorff has also worked closely with MadREP and Abingdon Health USA, and played a significant role in the company’s decision to select Madison.

“I’ve been in the region so long, and after going through this process with Abingdon I’m reassured how special Wisconsin is for development. We look forward to working with MadREP to bring the next company to Wisconsin.” – Chad Eschler, VP of Business Development at Findorff

MadREP is dedicated to maximizing the potential of Madison’s bioscience sector, highlighting the region’s unique advantages compared to other areas. With over 330 establishments and a rapidly growing industry, Madison has emerged as a significant player in the bioscience field.

Employers and employees are increasingly drawn to the Madison area, which boasts a job market 64% above the national average. Forecasts indicate a remarkable 19% growth in the bioscience industry over the next five years. Companies like Abington Health plc are just one example of the vibrant growth and opportunity in this sector.

Madison, WI, is nationally recognized as a hub for bioscience companies, fostering a culture of education and innovation. In 2020 alone, over 1,900 industry-recognized degrees and certifications were awarded, supported by esteemed research institutions such as the University of Wisconsin-Madison. This influx of talent from around the globe contributes to the ongoing success of Madison’s bioscience community.

To find out more about Abingdon Health, check out their website: https://www.abingdonhealth.com/

Press Release: https://www.londonstockexchange.com/news-article/ABDX/opening-of-us-commercial-office-and-laboratory/16714258

To find out more on University Research Park, check out their website: https://universityresearchpark.org/

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.