Incubator from University of Minnesota and Launch Minnesota Announces First Class
Discovery Launchpad MN expands access to the University's existing startup incubator model to early-stage companies from across the state.
The incubator, which is launching with a class of five startups, is operated by the University of Minnesota's Technology Commercialization Venture Center and is funded by the state's Launch Minnesota program. The accelerator is open to any startup that has received an Innovation Grant from Launch Minnesota.
It's an expansion of the U's existing Discovery Launchpad incubator, which helps develop startups that were founded using technology developed at the university.
"We are pleased to extend the Discovery Launchpad model, which has helped many UMN startups, to high-potential startups from across the state—and in doing so, contribute directly to Minnesota’s startup ecosystem," said Russ Straate, the associate director of the University's Venture Center.
Read the full story in Minne Inno.