Angel Tax Credit Program – Medical Alley Association

Angel Tax Credit Program

Over $1 Billion in IPOs Powers Record Quarter in Medical Alley

Decades-long records toppled in the second quarter of 2021 as four Medical Alley healthcare companies listed on major exchanges. Agiliti, Bright Health, CVRx, and Miromatrix raised a combined $1.46B from their listings, with Bright’s $924M offering leading the pack. Beyond the public listings, the quarter saw an impressive number of mergers and acquisitions as well […]

Mergers & Acquisitions Drive More Than a Billion Dollars of Value in Medical Alley

More than a billion dollars of mergers and acquisitions and more than $347M million of public and private capital to fund new developments fueled a strong first quarter in Medical Alley. Boosted by the return of the Angel Tax Credit Program (ATCP), 43 companies raised $109 million in private capital and $238 million was raised […]

At The Table – 2021 Legislative Preview

2021 is not as fresh a start as most new years. The COVID-19 pandemic continues to permeate every aspect of life, but the legislative process must continue, and the Minnesota Legislature has taken measures to adjust. Voting, hearings, and general business will be conducted virtually, for the most part. While the House has gone fully virtual, the Senate has chosen a hybrid model with operational details […]

At The Table – 2020 Legislative Year In Review

Key 2020 Takeaways   Despite the truly historic disruptions that shaped the 2020 legislative session, the Medical Alley Association (MAA) worked diligently to connect the skills and expertise of our health technology and care industry with Minnesota’s policy makers.   Throughout the health and economic crisis, Medical Alley has continued to advocate for policies that support businesses. We have also helped […]

2019 Medical Alley Investment Report

Even with just a month of perspective, it’s abundantly clear that 2019 was a huge year for the Medical Alley startup ecosystem. The community as a whole raised more than $1 billion for the first time and Bright Health’s $635 million round at a $2.2 billion valuation broke the state’s record for the largest venture […]

In the Know: The Biggest Healthcare Stories of 2019

Medical Device Excise Tax Fully Repealed Minnesota’s Angel Tax Credit Returns Gov. Walz Shows Support for Entrepreneurs with Creation of Launch Minnesota Proposed Changes to Stark Law and Anti-Kickback Statute Announced in Medical Alley Bright Health Raises $635M in Latest Funding Round Optum completes acquisition of DaVita Medical Group from DaVita 3M buys medical device […]

Medical Alley Q3 Investment and Ecosystem Report

Medical Alley is the global epicenter of health innovation and care. Companies that succeed here change the face of healthcare as we know it, building great businesses and powering Minnesota’s economy along the way. This ecosystem is more than just a cradle for early-stage companies or the sole domain of established market-leaders, it is a […]

2019 First Half Investment Report

Three Key Takeaways: M&A activity is strong in Medical Alley, with over $15 billion spent in the second quarter alone, as companies large and small look for paths to growth Medical Alley startups brought in $261.6 million dollars in the first half of the year, their second-best mark in the last five years Signs point […]

Angel Tax Credit Program Reopens; Medical Alley Applauds Minnesota’s Return to an Early-Stage Growth Agenda

Minneapolis, MN – Medical Alley Association is thrilled to announce that starting July 1, 2019 the Minnesota Department of Employment and Economic Development (DEED) will be accepting applications for the newly-reenacted Angel Tax Credit Program. Medical Alley Association thanks Senator Paul T. Anderson and Representative Carlie Kotyza-Witthuhn for authoring this bill, as well as Governor […]

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