Minneapolis, Minnesota — The Minnesota High Tech Association (MHTA) has been named the host of the Small Business Administration’s (SBA) Federal and State Technology Partnership (FAST) Program for the state of Minnesota. FAST is designed to stimulate economic development with outreach and technical assistance to science and technology-driven small businesses, with a particular emphasis on socially and economically disadvantaged firms, helping them to compete in federally-funded research and development through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs.
Minnesota High Tech Association will be Minnesota host of Small Business Innovation Research and Small Business Technology Transfer programs
Venture capital investment jumps to $118 million in Q2
MHTA — Minnesota companies raised nearly $118 million in venture capital in the second quarter of 2016, according to data from Thomson Reuters and the PwC/NVCA MoneyTree™ Report.
Mayo Clinic hosting second Think Big Challenge for innovators, entrepreneurs
The Mayo Clinic Center for Innovation and Mayo Clinic Ventures today announced the second Mayo Clinic Think Big Challenge, a national competition for innovators and entrepreneurs. This year, one business or entrepreneur will earn the opportunity to license Mayo Clinic technology, lead a team and score a $50,000 cash prize.
MHTA members featured on IndustryWeek’s 50 Best US Manufacturers list
MHTA — Several MHTA member companies were included on IndustryWeek’s list of the 50 Best US Manufacturers. The list is IndustryWeek’s exclusive annual ranking of America’s top-performing public manufacturers.
SciTechsperience intern helps move new diabetes device closer to market
More than 387 million people around the world are living with diabetes and a new case is diagnosed every 30 seconds. Diabetes requires people to keep a close eye on their blood glucose levels or face threats to their health, in some cases as severe as blindness or amputation. POPS! Diabetes Care, a 4-year old startup company in Stillwater, is working tirelessly to ensure that diabetes patients avoid unfortunate complications and are able to lead long, healthy lives. With the help of Chandler Stormo (above right), a SciTechsperience intern, POPS! is making steady progress towards bringing its products to market.