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Once reserved for U of M startups, the program is now open to companies across the state.
The University of Minnesota this week announced that it’s opening up its “Discovery Launchpad” incubator program to startups across the state.
Until now, the program was reserved only for startups commercializing technology based on U of M research. But with support from the Minnesota Department of Employment and Economic Development, the U is broadening the program’s eligibility to any startup based in Minnesota. The university first launched the program in early 2019.
Now known as “Discovery Launchpad MN,” the program provides one-on-one coaching and business development tips for startups. Advisers also help startups with marketing and sales plans. Depending on a startup’s needs, the program lasts between eight and 10 weeks.
April 26, 2021
The University of Minnesota and Launch Minnesota announced today a new startup incubator program that provides one-on-one coaching to help accelerate the growth of early-stage companies.
Discovery Launchpad MN, operated by the UMN Technology Commercialization Venture Center and funded by the state’s Launch Minnesota program, offers a unique opportunity for startups that have previously received an Innovation Grant from Launch Minnesota to set their companies up for greater success. The program provides individual advising from a team of seasoned business advisors sourced from the Venture Center’s Business Advisory Group. It expands on the University’s existing Discovery Launchpad program, which provides coaching and support specifically for companies commercializing technology stemming from University research.