After a year hiatus, startup accelerator gener8tor and University Enterprise Laboratories are bringing back the gBETA Medtech program.
The seven-week program provides coaching and mentorship for startups building medical devices, healthcare software, and other related tech. Five startups will participate in the 2020 round, and all but one are from the Twin Cities metro:
“One of the main goals of gBETA is to provide the resources and networks these startups need to succeed,” said Jackie Mejia, who has been named director of the program.
To participate, teams must be physically present in Minneapolis. (“It’s not a virtual program,” Mejia said.) Companies don’t need to sacrifice any equity or pay fees to take part in the program, she noted. By the end of the program, though, participants will be primed to apply for equity-based accelerators or seed investments.
This year’s sponsors include Boston Scientific, Mayo Clinic, the University of Minnesota, and the Medical Alley Association.
gener8tor, which formed in Wisconsin but set up an arm in Minnesota in 2016, held a kickoff event for the program on Feb. 13
The gBETA program first launched in 2018, with three cohorts comprising 18 companies.