– Minneapolis, MN
STEMONIX WINS 2016 MN CUP!
Last night, 600+ people joined us to celebrate the 2016 MN Cup competition. We are thrilled to announce StemoniX as our grand prize winner, receiving $81,000 total for their win. StemoniX grows, differentiates and prints organ cells from skin sells. Their technology can create a variety of organ cells that can mimic diseases to help accelerate the discovery of new cures in the areas of heart disease, dementia, and neuromuscular diseases. In total, 26 Minnesota-based startups received prize money in this year’s competition and 80 startups received mentorship.
Additional prize winners:
Carlson Family Foundation awarded $25,000 for the top woman-led startup: Asiya
Meda awarded $10,000 to the minority entrepreneur with the most innovative business concept: Asiya
Securian Financial Group awarded $10,000 for an innovation that shapes the future of financial services or life insurance through technology: Sezzle
Capella awarded $10,000 to the most innovative education technology that promotes learning solutions or builds 21st century skills: FanSchool
AARP awarded $5,000 to the innovation that improves access for low-income seniors: Farmhouse Market
A BIG thank you to our sponsors, judges, mentors and Minnesota’s entrepreneurial community for a great MN Cup competition.
StemoniX is leading the development and manufacturing of human induced pluripotent stem cells for academic and industrial pharmaceutical research and discovery applications, such as biologically accurate, miniaturized organ-like microtissues. Its biotechnology provides scientists the ultimate “in vitro” testing environment with standardized, easy-to-use, cost-effective access to relevant human microtissue for toxicity and efficacy screening. Incorporated in Minnesota, the company is co-located in Minneapolis and San Diego, Calif. For more information visit www.stemonix.com.
To read more on University of Minnesota Carlson School of Managment website click here: http://carlsonschool.umn.edu/