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a.MKE The List: No Child Left Behind Law & Startup Weekend Milwaukee: Today’s Top Stories

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Wisconsin is the latest state to receive a waiver from some requirements of the federal “No Child Left Behind” law. The 10-year-old federal education law requires all students to achieve proficient math and reading scores by 2014, a goal that many educators say is impossible. President Obama’s Administration is granting these waivers in exchange for promises from states to improve how they prepare and evaluate students. The waivers are considered a temporary measure, while Education Secretary Arne Duncan works with Congress to rewrite the law.

Entrepreneurs are invited to launch businesses during “Startup Weekend Milwaukee”, which will be held in November at Marquette University’s Discovery Learning Complex. The program is designed to help entrepreneurs launch companies during the 54 hour event. The focus will be to bring together people with different skill sets for a weekend-long crash course in how to share ideas, form teams, build products and launch companies. Majority of the people who participate are software developers, graphic designers and business people.

The common council recently approved a resolution that would start the construction of a public art shelter on a small triangle in the middle of a busy, Bay View intersection. The triangle is in the neighborhood where East Lincoln, South KK and South Howell Avenues come together. The money for the bus shelter-public art project is coming from the estate of David John Dombrowski - a longtime Department of Public Works employee who died last year. Alderman Tony Zielinski said “this is going to be a place where people want to hang out and we don’t want to take his money and use it for potholes. This will honor him.”

Governor Walker raised and spent roughly $7 million during his final days before the June 5th recall election. In all, Walker raised more than $37 million dollars since January 2011 for his recall fight. That number alone equals the estimated $37.4 million spent by all candidates and independent groups in the 2010 governor’s race. Political analysts are saying that Walker’s new spending record is doubled that of the previous year.

The Wisconsin Economic Development Corporation recently announced that a Chinese fund is looking to invest $100 million in state companies across a broad range of industries. The agency will screen applications from companies and select as many as 25 to make presentations in September. Govenor Walker said, “We have the ideas, we have the people. We just don’t have the capital to fund high-growth companies.” the Wisconsin company presentations will happen at the end of September during the 10-day, US-China Investor Week.

Carroll University in Waukesha is launching a $22 million fundraising campaign for a new science facility. Plans call for demolishing an existing academic building at a prominent campus location at Barstow Street and College Avenue. The new building would upgrade science labs and accommodate a growing population of health and natural science majors. The new facility would stand in the current location of Maxon Hall and right now, this is the university’s number one priority. Once enough money is raised or pledged, it would take about three years before the new building would be ready to go.