Minnesota has long been one of the nation’s top three medtech hubs and a good place for startups to get their footing.
For 17 years, the MN Cup contest has offered cash prizes and the opportunity for medtech (and other) startups to tap into expert help to accelerate their businesses. MN Cup is a community-led, public-private partnership that brings together corporations, venture capital firms, foundations, government and volunteers. This year’s crop of medtech semifinalists includes some names that may be familiar to readers of Medical Design & Outsourcing.
CoraVie Medical is developing an implantable, continuous blood pressure monitor equipped with sensors and wireless communication to notify physicians of abnormal readings. BIPOC-owned LaPlace Interventional is developing a transcatheter tricuspid valve replacement device designed for delivery through a simple, minimally invasive procedure to reduce future complications in patients.
MN Cup has chosen these two among this year’s total crop of 88 semifinalists. All semifinalists will move forward to create a pitch deck, summary business plan and one-minute video — and will work with mentors throughout June and July. Ultimately, they’ll compete for a share of more than $400,000 in cash prizes and gain the opportunity to accelerate their businesses with no equity taken in exchange.
Here are seven more medtech startups that have a chance in the MN Cup.