Year in Review

Our Mission

To support early-stage ventures to growth and commercial success through connections, services, and world-class laboratory facilities in Minnesota’s entrepreneurship ecosystem.

Our Accelerator Network

BARDA  – The Biomedical Advanced Research and Development Authority, part of HHA/ASPR advances countermeasures against 21st century health threats. The BARDA network of medtech and healthcare accelerators continued to thrive in 2020. Virtual connections made collaboration and support within our network possible.

BARDA network in 2020 included

GAN a highly curated community of the largest group of independent accelerators, partners and investors in over 120+ cities on six continents.

 

The Midwest COVID-19 Innovation Showcase focus for 2020 was to target innovation aimed at fighting the COVID-19 pandemic. Utilizing innovative ideas to tackle COVID-19’s toughest challenges within therapeutics, diagnostics, remote patient monitoring and personal protective equipment.

* 207 Total Applicants  *  63 Round 1 Interviews  *  22 Round 2 Interviews  *  5 Companies selected for gBETA Medtech Fall 2020 cohorts.

          Participating UEL Companies:

         

          Participating gBETA Company:

Our Occupancy

Despite a challenging economy, limited in-person communication and a community in turmoil, UEL is at 100% capacity with 60 companies in residency.

Industry Breakdown - Startups

Industry Breakdown - Partners

UEL – Key Accomplishments 2020

ChRI ISO Certification - certifies that a management system, manufacturing process, service, or documentation procedure has all the requirements for standardization and quality assurance.

Startup Community Highlights by Cohort

   

     

 

 

 

Startup Community Infusion

• RadWave Technologies Awarded NSF Grant
• GRIP Molecular Raised 200K after Completing gBETA Medtech

Industry News

BARDA - Operation Warp Speed

Startup Highlights

BioMADE

Minnesota Stats

ATP-Bio

UEL Community Stats

UEL Company Highlights

Radwave Technologies

• Grew from zero to six full time employees (12 contractors)
• Added suite 127 to suite 103
• Awarded a NSF phase 1 grant titled, "Modular and Reconfigurable Electromagnetic Navigation System for Surgical Interventions and Medical Robotics" abstract 
• Selected Minnesota Cup 2020
• Finalist Minnesota Innovation Grant

Lite Run

• Lite Run sold their “space suit” unweighting systems to Twin Cities area hospitals The Minneapolis VA Health Care, Hennepin County Health Care (HCMC) and North Memorial Health Hospital all now have Lite Run systems for gait therapy.
• A VA national newsletter, Physical Medicine and Rehabilitation, gave Lite Run 4.9 stars out of 5.0 in a product review
• Honored to receive a Launch Minnesota Grant as one of the “most promising, innovative and scalable technology businesses in Minnesota”