Boston Scientific (NYSE:BSX) is joining the Mayo Clinic and the University of Minnesota in backing startup accelerator Gener8tor as it launches a medtech focused incubator in Minneapolis, according to a new report from the Star Tribune of Minneapolis.
The newly launched accelerator will operate under a seven-week program that will support six new startups with a focus on medical technology, requiring no fees or equity and offered three times a year, according to the report.
Initial entrants into the incubator include wearable-focused medical tape maker ExpressionMed, cardiac rhythm and neuromod dev Kobara Medical, interventional assist device dev NeuroVASx, lung disease symptom control dev Quench Medical, snoring-reduction gamified app dev Soundly and diagnostic dev Vitrose Health, according to the Star Tribune.