There are so many new, exciting initiatives and developments going on in Rochester and the greater Minnesota community right now. Today on the podcast we take a look at four powerful stories unfolding within the community.
· First off, we talk about gener8tor and their launch of a brand new medtech specific accelerator, called gBETA Medtech, in Minneapolis. gBETA Medtech is a free, seven-week accelerator program for medtech startups that’s sponsored by Boston Scientific, Mayo Clinic, and the University of Minnesota. The first six companies are currently working through the program; applications for the summer 2018 cohort are now live.
· Next, we talk about Minnesota Cup and the addition of a new education and training division to this startup competition. This division is focused on businesses developing technology or services related to education, training, and workforce or professional development. Applications for the 14th edition of Minnesota Cup opened on March 26th and will close on April 27th.
● Then we chat about Sonex Health, a Mayo Clinic Business Accelerator graduate making huge strides in the community. Sonex Health created the SX-One MicroKnife to enable minimally invasive, ultrasound guided carpal tunnel release surgery. Sonex now has grown to a team of five, has graduated out of the Accelerator, and was one of the first recipients of capital from the Southeast Minnesota Angel Fund.
● Lastly, we take a brief glimpse at Marblehead Medical, an emerging startup, founded by two Mayo Clinic radiologists, that’s treating ischemic stroke through a novel process called mechanical thrombectomy. The team behind Marblehead Medical has designed a balloon-guided medical device for ischemic stroke intervention and is close to locking in a $1M round of financing.