Wisconsin wants to be tech mecca. After Foxconn broken promises, the state says this time is for real


Wisconsin wants to be tech mecca. After Foxconn broken promises, the state says this time is for real


Not long ago, Beloit, Wisconsin, was a largely rural community, mostly known for being the first stop in Wisconsin for travelers coming over the border from Illinois. Today, they’re trying to cure cancer here.

Northstar Medical Radioisotopes, a biotech startup building a rapidly growing campus of buildings just off the interstate, is developing cancer diagnostics and treatments that use radioactive materials. CEO Frank Scholz says it is the most exciting technology out there...

Key Points
  • The Biden administration has designated Wisconsin as home to one of 31 regional Tech Hubs authorized under the CHIPS and Science Act, with a focus on bio-health.
     
  • Backers say the effort could create 30,000 jobs over 10 years, and spur $9 billion in economic development.

  • A separate $3.3 billion investment by Microsoft has helped raise hopes, but the state is still picking up the pieces from Foxconn’s 2017 pledge to hire 13,000 employees for a $10 billion facility that never materialized.
   ...more

Ken Notes: We need to stop telling the Foxconn story and focus on the future, and the future is bright. Imagine if the Green Bay Packers were in the playoff hunt but every story began with an old loss to the Vikings in 2017. Speaking of Beloit why do we not tell the ABC story. And Wisconsin has great stories to tell -- yet we miss them, nuclear fission out of UW Madison, EPIC, Exact, Microsoft, gaming, cancer research, power grid, WARF, tech park one and two is ready for the next big thing. We need to stop pointing fingers and start shaking hands!

Share this article on you social outlets



Our Sponsors
- - Volume: 24 - WEEK: 26 Date: 6/26/2024 10:10:19 AM -