Life Sciences Startups: Apply for the Fall 2019 Walleye Tank
Applications are now being accepted for the fall 2019 Walleye Tank, to be held December 6 at Mayo Clinic in Rochester.
The twice-yearly startup competition, hosted by the University of Minnesota and Mayo Clinic, invites life sciences entrepreneurs from across the state to pitch their companies in front of an expert panel of judges to compete for prizes and clinical consulting support. Interested startups should apply by November 22.
Walleye Tank participants will have the opportunity to connect with an audience of investors, subject matter experts, service providers, job seekers, and mentors who can help them accelerate the development of their product or service and grow their business.
Participants will compete in one of three divisions:
- Junior Anglers: Entrepreneurs in the early stages of business development. (First place receives $500)
- Mid-Level Reelers: Incorporated companies in the early stages of fundraising with a minimum viable product. (First place receives $1,000)
- Professionals: Established life science businesses with active sales and fundraising. (First place receives $2,000; second place, $1,500)
In addition to the cash prizes listed above, winners from all three divisions will receive clinical consulting support in subjects such as the problem their innovation helps solve, how the innovation can best fit into clinicians’ day-to-day work, and any preliminary safety and efficacy concerns with the innovation. Division winners will also receive guaranteed placement in the semifinals round of MN Cup, a statewide pitch competition hosted by the U’s Carlson School of Management.
Walleye Tank is supported by the U of M’s Medical School, the Holmes Center for Entrepreneurship within the Carlson School of Management, and the Technology Commercialization Venture Center, as well as the Mayo Clinic Office of Entrepreneurship. Additional support is provided by Medical Alley and the Collider Foundation.