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University of Minnesota
Highlight of FY 2016 include: University faculty and staff competed successfully for a record $788 million in externally sponsored research funding, up $13 million (4.5 percent) from FY2015 and a record amount, when excluding one-time federal stimulus funds. Among nonfederal sources, business and industry funding grew 3.6 percent to $80.8 million, on top of last year’s 40 percent increase. According to the latest data from the National Science Foundation’s Higher Education Research and Development (HERD) Survey, the U of M maintained its rank of eighth among public research institutions in FY2015, posting over $880 million in research expenditures. The U remains ranked third in expenditures among Big Ten institutions. And the University’s Office for Technology Commercialization launched a record 17 startup companies in 2016, and passed a milestone of 100 startups launched since 2006. Those startups have raised in aggregate over $219 million in investment capital, three-fourths of them have been based in Minnesota and 82 percent of the startups still active today — well above the national average. Additionally, two startups, Innotronics and Minnepura Technologies, were named among the 35 “Best University Startups 2016.”
Bridgewater Bank announced the promotion of Ross Wieser to Vice President, Commercial Lending and Joe Chybowkski to Chief Financial Officer & Senior Vice President. Wieser joined Bridgewater Bank in 2012 as a Credit Analyst and most recently served as Assistant Vice President, Commercial Lending. Chybowski joined Bridgewater Bank in 2013 as Controller and most recently served as Vice President of Finance.
Lommen Abdo, P.A.
Jeffrey C. O'Brien of Lommen Abdo, P.A., with Candace L. Moon and Stacy Allura Hostetter of The Craft Beer Attorney, have reached an agreement to co-author "Brew Law 101: A Legal Guide to Opening a Brewery – Minnesota Edition," with publication expected sometime in 2017. The book will be designed as a comprehensive guide to the myriad legal issues – both federal and state – that prospective brewery owners face as they start their business in Minnesota. Both firms belong to the Craft Beer Attorney Coalition, a non-profit for craft beer attorneys. Mr. O'Brien is Chair of Lommen Abdo's Food & Beverage Law Group and has been working with craft breweries in Minnesota and beyond since 2009.
Stanley S. Hubbard, president and chairman of Hubbard Broadcasting, will receive the First Amendment Leadership Award from the Radio Television Digital News Foundation in March. Others to be honored at that time include NPR’s Nina Totenberg, CBS’s Bill Whitaker and “Game Change” authors Mark Halperin and John Heilemann. Past honors for Hubbard include being inducted into the Broadcast & Cable Hall of Fame and a Distinguished Service Award from the National Association of Broadcasters.
Lynn Casey, Chair & CEO of PadillaCRT, has been chosen one of 5 women to be honored as Wonder Women by Twin Cities Business. This award honors women who are trailblazers within their respective fields and highly respected for their professional acumen and achievements.