Agenda

GOVERNOR'S SUMMIT ON VENTURE CAPITAL: 2001

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FEBRUARY 28, 2001

MONONA TERRACE CONVENTION CENTER
ONE JOHN NOLEN DRIVE
MADISON, WI

PURPOSE - To increase the amount of equity capital available to Wisconsin businesses, to make equity capital available to a broader spectrum of Wisconsin entrepreneurs, and to improve Wisconsin's venture capital networking infrastructure.

TARGET AUDIENCE - Venture Capitalists, existing and potential institutional investors, qualified individual investors, entrepreneurs, owners of start up and growth companies, financial institutions, interested attorneys and CPAs, corporations, pension fund managers, investment committee members, insurance companies and foundations. Additional target groups include economic development professionals and legislators.

Monday, Feb. 26, 2001
6:00 - 8:00 p.m. 2001 - Optional Session
Pre-Summit Briefing: Basics of Venture Capital John Neis, Senior Partner, Venture Investors Management, LLC, will offer this seminar for conference attendees.

Fluno Center (live)
601 University Ave., Madison
Session will be a videoconference to six additional sites.
See registration form and www.wdf.org for details.
Session hosted by Foley and Lardner

   
Wednesday, Feb. 28, 2001
7:00 a.m. Registration / Continental Breakfast
8:30 a.m. Welcome by:
Terry W. Grosenheider, Deputy Secretary, Department of Financial Institutions (DFI)
• G. Frederick Kasten, Jr., Chairman, Robert W. Baird & Co.
Governor's Remarks
Session hosted by Baird Venture Partners
9:00 a.m. Benchmarking Today, Measuring Progress for the Future
Moderator: John Neis, Senior Partner, Venture Investors Management, LLC
Jeanne Metzger, VP for Development, National Venture Capital Association, Washington, D.C.
Session hosted by Venture Investors Management, LLC
10:00 a.m. Break
10:15 a.m. Concurrent Workshops
  Workshop I: State Strategies for Success I State Strategies for Success
This breakout session will examine the current status of state tax and regulatory policy in Wisconsin that would encourage and may currently discourage venture capital investment in this state. It will also examine strategies implemented in other states and how they may work here.
Moderator: Brenda Blanchard, Secretary, Department of Commerce
• Joseph Hildebrandt, Partner, Foley and Lardner
• Patricia Struck, Securities Administrator, DFI
• Todd Berry, President, Wisconsin Taxpayers Alliance
• Mark Zager, CFO, Alfalight, Inc.
• Maurice Doyle, Principal Advantage Capital Partners
• Ronald W. Newsome, Senior VP/Business Banking Manager, Banc One Community Development Corporation
  II: Catching the Wave: Angel Seed Investing
This session will identify the nature and amount of seed investing in the US as compared to venture capital, review the types of companies and categories of technologies receiving angel seed investing and describe other characteristics of angel investing and investors. The session will also provide an overview of angel investing activities in Wisconsin and describe efforts to create additional angel networks and the strategies used to stimulate them.Workshop II: Catching the Wave: Angel Seed Investing
Moderator: Richard Leazer, Chair, Wisconsin Technology and Entrepreneurs Council
• Jim Burgess, Member, Wisconsin Investment Partners
• Jeff Rusinow, Manager, Silicon Pastures Angel Network
• Adam Bock, Vice President, Early Stage Research Angel Network
• Terry Sivesind, Manager, Wisconsin Investment Partners
  III: Institutional Investors:
How and Why They Get Involved in Venture Capital Investing

This session will highlight the benefits that accrue to institutional investors in venture capital and how large investors tap into small deals.
Moderator: Robert Zobel, Managing Director, Facilitator Capital
• Presenter from Essex Woodlands Partners
Jon Vanderploeg, Portfolio Manager, State of Wisconsin Investment Board
• Jack Troy, Partner, Troy and Associates
11:15 a.m. Break
11:30 a.m. Lunch hosted by:
Merrill Lynch Wealth Management Services

Equity Capital for Community Development
Moderator: Bill Beckett, President, Chrysalis Capital Management, LLC
Ann Habiby, Co-Executive Director, Initiative for a Competitive Inner City, Boston, MA
Session hosted by the Helen Bader Foundation, Inc.

1:30 p.m. Concurrent Workshops
  IV: The Expanding Venture Capital Focus on Wisconsin
This session will highlight venture capital firms with a specific focus on Wisconsin, including new entrants to the Wisconsin Venture Capital Arena. The session will address key investment parameters and how they relate to Wisconsin. In addition, the panel will discuss the advantages and challenges of the Wisconsin's investment environment and what can be done to attract and support new venture capitalists.
Moderator: Paul Carbone, Managing Partner, Baird Venture Partners
• Tom Desmond, Partner, Baird Venture Partners
Kent Velde, President, Wisconsin Growth Fund, LLC
• Jay Mack, President, Delafeld State Bank
• Dan Broderick, Managing Director, Mason Wells Biomedical
  V: Human Capital: Fostering the Management Side of the Enterprise Equation.
The session will address: What does it take for a company to field a top-notch management team that would be attractive to venture investment? This panel will discuss effective and innovative ways to recruit, train, and foster the management talent requisite for sustained rapit growth - citing examples both in Wisconsin and around the country.
Moderator: Erica Kauten, State Director, UW-Extension Small Business Development Center
• David Sneider, Vice President, NimbleGen Systems, Inc.
• Ted Baker Ph.D., Assistant Professor of Management and Weinert Applied Ventures, Director, UW Madison School of Business Weinert Center for Entrepreneurship
• Carlos de la Huerga, Partner, Telaric
Dean Amhaus, President, Forward Wisconsin, Inc.
2:30 p.m. Break
2:45 p.m. Mining Intellectual Capital
Moderator and Speaker: William Hendee, Ph.D., Director, Medical College of Wisconsin
• Carl Gulbrandsen, Managing Director, Wisconsin Alumni Research Foundation
• Michael Caldwell, M.D., Ph.D., Director, Marshfield Medical Research Foundation
3:45 p.m. Nurturing Technology
Moderator: Carl Gulbrandsen, Managing Director, Wisconsin Alumni Research Foundation
• Guy Mascari, Director of Development, Milwaukee County Research Park
• Roger Ganser, Managing Partner, Venture Investors Management, LLC
4:15 p.m. Workshop Roundup: Moderators' and Scribes' Reports: Business Plan for Wisconsin's Future
Moderator: Terry W. Grosenheider, DFI
• Setting Benchmarks and Recommendations for the Future
• Summary Remarks
5:00 p.m. Reception hosted by:
Foley and LardnerTime