Medical Alley Starts and Mayo Clinic Platform_Accelerate Collaborate to Drive Innovation in Healthcare

 // News

March 19  

MEDICAL ALLEY, Minn. (3/19/2024) — Medical Alley®, a global organization working to activate and amplify healthcare transformation is proud to announce a new collaboration with Mayo Clinic Platform to advance healthcare innovation and drive transformative technologies to benefit patients around the world.

Through this collaboration, Medical Alley will offer a suite of services through Medical Alley Starts®, to support emerging companies participating in the Mayo Clinic Platform_Accelerate program. These services are designed to bolster the growth and success of participants within the program.

“We are honored to expand our work with Mayo Clinic Platform to drive forward our mission — to activate and amplify healthcare transformation,” Medical Alley President and CEO Roberta “Bobbie” Dressen said. “Through this collaboration, we will advance the next generation of innovative companies with the resources and opportunities they need to succeed, ultimately benefiting patients worldwide.”

Key highlights of the collaboration include:

  • Identification and Referral of Program Participants: Medical Alley will leverage its global network of innovative startups and make referrals to the Mayo Clinic Platform_Accelerate program.
  • Comprehensive Support: Medical Alley will provide its full array of benefits to program participants, including access to its Global Investor Network, Corporate Supplier Network, and Ready Reserve.
  • Graduate Assistance: Recognizing the importance of continued support, Medical Alley will offer its services to program graduates for a year after program completion.

Mayo Clinic Platform_Accelerate is a 30-week program specifically designed to prepare early-to-growth stage health tech AI startups for market readiness. The program targets startups with an innovative proof-of-concept, focusing on model evaluation, clinical readiness, and provides access to Mayo Clinic’s resources and expertise for a disciplined focus on innovation.

“Healthtech innovators are bringing forward ideas that can improve care for us all. This collaboration will help some of the most promising startups get market ready, with the guidance of world-class clinical and research leaders,” said Eric Harnisch, Vice President Partner Programs, Mayo Clinic Platform.

Medical Alley Starts® is a venture platform which accelerates the formation and growth of healthcare startups. Since the program’s inception in 2021, Starts® has supported nearly 3,000 startups and annually engages 250 investment funds and 100 corporate strategics while delivering nearly $1 billion in value.

About Medical Alley®

Founded in 1984, Medical Alley® leverages a global network of health technology and care organizations to drive innovation and accelerate the development of breakthrough healthcare solutions to benefit patients around the world. Our vision is to elevate the Medical Alley® region as the epicenter of health innovation and care. To learn more, https://medicalalley.org/

About Mayo Clinic Platform

Founded on Mayo Clinic’s dedication to patient-centered care, Mayo Clinic Platform enables new knowledge, new solutions and new technologies through collaborations with health technology innovators to create a healthier world. To learn more, https://www.mayoclinicplatform.org/

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