Two Rochester-based health-tech companies finished with strong showings at Minnesota Cup, the nation’s largest statewide startup competition. Mill Creek Life Sciences and Thaddeus Medical Systems placed in the top three in MN Cup’s Life Science/Health IT Division.
Funding has long been considered the fuel that propels a startup from the idea phase to becoming an income-generating enterprise. But for participants in the MN Cup startup competition, the mentorship and business advice can be just as valuable.
As the largest statewide startup competition in the country, MN Cup supports emerging entrepreneurs from across the state through events, educational programming, and it’s widely-recognized annual competition, now in its 14th year. The Cup is a program of the Holmes Center at the University of Minnesota’s Carlson School of Management. Last year, more than 1,300 teams and individuals applied to the competition in hopes of tapping into the tools, resources, and support the organization provides to help launch and accelerate these new ventures.