Tag: Innovation

Anna-Maria and Stephen Kellen Foundation’s $32 Million Gift Advances Mayo Clinic Research

By permission of Mayo Foundation for Medical Education and Research. All rights reserved.

A generous $32 million gift from the New York-based Anna-Maria and Stephen Kellen Foundation will enable Mayo Clinic to expand its research mission with the construction of a four-story, 64,000-square-foot research building in Rochester.

Planning for the Anna-Maria and Stephen Kellen Building is underway, with groundbreaking expected in 2020 and occupancy in 2022. The building will be located just north of Mayo Clinic’s Opus Building, which is on the corner of Fourth Street Southwest and Fourth Avenue Southwest in Rochester.

“We cannot overstate our gratitude to the Anna-Maria and Stephen Kellen Foundation,” says Gianrico Farrugia, M.D., Mayo Clinic’s president and CEO. “Research is critical to infusing new knowledge into patient care. It paves the way to solve serious or complex medical challenges for our patients at Mayo as well as patients around the world. This remarkable gift will allow us to meet a critical need for research space on our Rochester campus.”

The gift was directed to Mayo Clinic by Michael M. Kellen, foundation president, and Marina Kellen French, vice president. Their parents, Anna-Maria and Stephen Kellen, now deceased, received care at Mayo Clinic for decades, and that trust and care have continued into the next three generations. Stephen M. Kellen was president and CEO of Arnhold and S. Bleichroeder Inc., an international investment firm based in New York, now known as First Eagle Investment Management LLC.

“Our family’s history with Mayo Clinic spans more than four decades, and the physicians and staff at Mayo have become like family to us,” says Marina Kellen French. “We are thrilled to be able to support Mayo and be part of advancing medical research that will help patients for decades to come.”

The Anna-Maria and Stephen Kellen Foundation has been a significant contributor to Mayo Clinic over many years, funding various initiatives and projects in support of Mayo Clinic’s highest priorities. The foundation also has supported the Dr. Richard F. Emslander Professorship at Mayo Clinic College of Medicine and Science in recognition of the care that Richard Emslander, M.D., provided to the family over many years.

“Medical research has always been a strong interest of our family,” says Michael M. Kellen. “We are pleased that this gift will address a high-priority need at Mayo while honoring our parents’ legacy in a visible and meaningful way.”

The Anna-Maria and Stephen Kellen Building will add to the Discovery Square sub-district in downtown Rochester. Discovery Square is the research, innovation and development hub of the $5.6 billion Destination Medical Center (DMC) initiative.

“The new Anna-Maria and Stephen Kellen Building will bring more Mayo Clinic expertise to DMC’s Discovery Square and complements the unique entrepreneurial environment of the subdistrict,” adds Lisa Clarke, executive director, DMC Economic Development Agency.

Decisions regarding specific use and occupancy of the new building will be made as part of the planning process this year.

Destination Medical Center Corporation Board Green Lights Mobility Hub Locations in Rochester

“Our vision is for mobility villages where people can live, possibly work, and park for the day,” ~ R.T. Rybak.

The Destination Medical Center Corporation (DMCC) Board of Directors at its February meeting, approved a resolution supporting two preliminary mobility hub locations in Rochester, MN, and authorizing up to $400,000 in financial support for additional studies and engineering.

The two recommended mobility hub locations – approximately four miles apart – will be connected by bus rapid transit (BRT). This high-capacity circulator will transport commuters, community members, and visitors into and around downtown Rochester in a safe, reliable, and efficient manner.

“We have chosen sites for transit hubs, but our vision is they are mobility villages where people can live, possibly work and park for the day,” said DMCC Board Chair R.T. Rybak. “We don’t just want to build ramps. We want to build communities.”

Proposed Mobility Hub Locations, Rochester, MN

In addition to the significant progress with the DMC transportation plan, nine private development projects, totaling more than $300 million, have planned openings in the DMC district in 2019. They include: Hilton hotel, First Avenue parking ramp, One Discovery Square, Urban on First apartments, Residence at Discovery Square apartments, Hotel Indigo (Holiday Inn renovation), Wells Fargo renovation, Chateau Theatre short-term use renovation, and the Ronald McDonald House expansion.  

“2019 is a remarkable year for Rochester, noted DMC Economic Development Agency Executive Director Lisa Clarke. “We are well on our way to achieving the DMC vision and creating a livable, sustainable and vibrant city.”

In his new role as Mayo Clinic President and CEO, Dr. Gianrico Farrugia, a 30-year veteran with Mayo Clinic, met with DMCC Board members and provided a few remarks.  

“Mayo Clinic’s commitment to Rochester, the state of Minnesota and DMC is very strong,” said Farrugia. “Mayo has experienced significant growth over the last five years, and we expect even more economic growth and development going forward.”

Farrugia noted that Mayo Clinic will invest over $1 billion in Rochester facilities and equipment between now and 2021.

Following the board meeting, DMCC hosted a collaborative session with the Destination Medical Center EDA Board, Rochester City Council and Olmsted County Board of Commissioners.

 

Historic Chateau Theatre Renovations Well Under Way

There is great excitement and passion in the Rochester community for the re-opening of the historic Chateau Theatre – currently under renovation and planned to open summer 2019.

The Destination Medical Center Corporation (DMCC) Board and Rochester City Council approved $1.1 million in DMC funding for this renovation. Indoor improvements are progressing, with roof repair planned for the spring.

“The Chateau Theatre is an important community asset and this renovation for initial reuse is the first step to realize the long-term vision of the Chateau Theatre,” says Patrick Seeb, DMC EDA director of economic development and placemaking and member of the Chateau Theatre reuse task force.

This renovation preserves the historic architecture of the building, removes the second floor and escalators, and improves restroom facilities, transforming this now-vacant space into a venue that can be used for many forms of entertainment including concerts, movies, comedy shows, lectures, weddings, and dinner events.

In tandem with updates being made to the Chateau Theatre, the City of Rochester and DMC EDA are seeking RFPs for programming, operations, and management of the facility.  A pre-proposal meeting will be held on January 31, 2019, from 10:00 a.m. – 12:00 p.m. at the Chateau Theatre for interested parties wanting to learn more about the opportunity. RFP responses are due to the City of Rochester by February 15, 2019.

The opening of the Chateau Theatre is part of a milestone year for DMC, notes DMC EDA executive director Lisa Clarke. “The Chateau Theatre is truly at the heart of downtown Rochester, and it will create more culture and entertainment options for Rochester patients, visitors, and community members, adding to the vibrancy of the downtown and the city as a whole,” says Clarke.

To keep the community updated, DMC EDA is developing a Heart of the City web page with a highlight section on the Chateau Theatre (soon to launch). In addition, the City of Rochester has created a Chateau Theatre timeline of activity.

 

INCubatoredu – A New Course Hatches at Rochester Public Schools

The new INCubatoredu program will help students develop ideas from concept to pitch.

Rochester Public Schools (RPS) is debuting a national entrepreneurship program, INCubatoredu, this fall. This program is the first-of-its-kind in Minnesota.

INCubatoredu is a year-long course available to all RPS high school students in grades 11 and 12 (Century, John Marshall, Mayo, and RALC). Students have the opportunity to create and fully develop their own product or service. Real entrepreneurs and business experts serve as volunteer coaches and mentors guiding student teams through the processes of developing hypotheses about a business concept, testing those hypotheses, adapting, and continually learning and improving. This cycle of experimentation is combined with foundational business content such as marketing and finance. The course concludes with students pitching their ideas to investors to generate seed money to grow their operations.

“Entrepreneurship teaches to the heart of 21st Century skills: adaptability, collaboration, critical thinking, creativity, and problem-solving,” says Superintendent Michael Muñoz. “We know this program will ignite passion among our students and community. It is critical for us to partner with our talented and supportive community because their contributions will immediately impact the lives of our students.”

The School District is working to establish volunteer mentors, a licensed teacher, and a downtown Rochester space for the INCubatoredu program in the coming months, recognizing that a downtown space is an ideal location for community experts and mentors, as well as offering a real-world business setting for students.

Growing and amplifying the entrepreneurial ecosystem is a priority for Destination Medical Center Economic Development Agency (DMC EDA).Image result for INCubatoredu images Chris Schad, DMC EDA’s director of business development for Discovery Square and a collaborator in Rochester’s startup community, is energized by this new program.

“The students of Rochester Public Schools have a history of going out into the world to positively impact communities near and far. This program will not only help students develop skills that most entrepreneurs have to learn on the fly, it will help develop new businesses and jobs and keep talent in our region,” notes Schad.

 

Explore your entrepreneurial potential at Startup Weekend Rochester

Startup Weekend Rochester, October 26 – 28, 2018, offers an excellent opportunity for would-be entrepreneurs to learn how to take an idea, evaluate it, talk to potential customers, prototype, and pitch – all in 54 hours.

“If you are thinking about starting a new business or want to learn tips and tricks to apply to your job or schooling, there is no better place to learn,” says Jamie Sundsbak, Startup Weekend Rochester organizer.

IMPACT program encourages creative solutions to healthcare challenges

Presented with an opportunity to help unravel the mystery of the devastating heart disease hypoplastic left heart syndrome (HLHS), Mayo Clinic’s IMPACT program recently attracted more than 130 college students and faculty to Rochester, Minnesota to present their unique solutions to this critical healthcare challenge.

Making an impact on more than medicine

IMPACT (Innovative Minds Partnering to Advance Curative Therapies) is a unique program developed by Mayo Clinic researchers and designed by Dr. Katie Campbell during her graduate studies at Mayo Clinic College of Medicine and Science. Each year, real-world challenge questions are presented to teams of undergraduate students from 30 different state, community, and private universities and colleges.

Showcase your idea at the Investors & Innovators Forum

Got an idea you’d like to share?

The DMC Discovery Square Investors & Innovators Forum is the perfect venue for start-ups, spin-offs, and experienced entrepreneurs to pitch their pioneering ideas, technologies, or solutions.

Now in its second year, Destination Medical Center (DMC) will bring together investors and innovators from around the state to foster conversation, encourage collaboration, and grow partnerships in hopes of advancing healthcare at the 2017 Investors & Innovators Event on Tuesday, October 10.

The Discovery Square Investors & Innovators Forum will run from 1:30 – 4:30 p.m. in the Riverview Suites at the Mayo Civic Center in downtown Rochester.

Sharing the DMC story throughout the state

DMC is changing the face of Rochester, and the state of Minnesota is taking notice.

The past few months have brought a new visibility to America’s City for Health as statewide publications have begun to share the story of Destination Medical Center.

Photo credit: Glen Stubbe, Star Tribune

In May, journalist Matt McKinney and photographer Glen Stubbe from the Star Tribune joined DMC Economic Development Agency executive director Lisa Clarke on the 189-foot Kraus-Anderson construction crane at the site of the future Titan Hilton Hotel to get a birds-eye view of the development taking place across the city of Rochester and discuss what’s to come for the burgeoning city.

DMC Storyteller Video Series: “In the Middle of Medicine” with Andre Terzic, M.D., Ph.D.

For more than 150 years, Mayo Clinic has cultivated a culture of collaboration in working to discover new medical innovations. Researchers and physician-scientists work side-by-side to turn knowledge into breakthrough therapies and critical advances in patient care. Access to the highest quality care sets Rochester apart. State-of-the-art medical facilities and the world’s brightest minds answer the unmet needs of patients to provide expert, whole-person care.

To help illustrate the many ways individuals are transforming Rochester, DMC has created a video series called “DMC Rochester, MN Storyteller Videos.” These snapshots of forward-thinking people and approaches showcase the opportunities that exist in Rochester as DMC sets in motion a new future for America’s City for Health.

Lt. Governor Tina Smith and DEED launch #InnovateMN campaign

Innovation is at the heart of Rochester’s entrepreneurial spirit and the vision of DMC. And while Rochester is undoubtedly a city focused on health and wellness, having a diverse workforce is critical to a strong and prosperous community.

Our state’s leaders have also recognized the importance of fostering innovation. Earlier this week, Lt. Gov. Tina Smith and the Department of Employment and Economic Development (DEED) launched #InnovateMN, a digital campaign to highlight original businesses throughout the state and help connect them with state funding.

Lt. Gov. Smith and DEED’s Commissioner, Shawntera Hardy, said the campaign will celebrate emerging technologies and discoveries in Minnesota by sharing stories of businesses and startups on the leading edge. With Minnesota ranking annually among the top five states in new patents, those stories are plentiful. “Innovation is embedded in our identity,” says Smith.