The Minnesota Department of Employment and Economic Development (DEED) has announced another round of Launch Minnesota Innovation Grants. After doling out more than 30 grants in the first and second rounds, DEED has added another 12 grants (with a total of $247,000) to the pack. In total, more than $1.2 million have been given to companies in Minnesota with another $1.2 million being matched by private sources.
The third round of grants (eight business operation grants and four housing and childcare grants) were given to 11 technology startups. According to DEED, 36% of those companies are owned by women, veterans, or minorities or are headquartered in Greater Minnesota.
“Launch Minnesota will continue its effort to accelerate the growth of Minnesota startups during COVID-19,” Jodi Hubler, Launch Minnesota Advisory Board Chair, said. “Now is the time to ensure we lean in to help promising new startups survive.”
The third-round grantees ) of 2020 (with descriptions by DEED are:
Anatomi Corp., Minneapolis
Creating advanced models of neurological diseases for developing new treatments.
Berd LLC, St. Louis Park
Producing hybrid metal and polymer materials with their first product being lightest weight bicycle spokes.
Better Time Company, St. Paul
Developing a digital coach to help people make better health and wellness decisions.
Geneticure, Inc., Rochester
Delivering personalized medicine via pharmacogenomics.
InControl Health, Inc., Minneapolis
Developing a cooling hat for chemo patients to prevent hair loss.
Odonata Health, Inc., Stillwater
Developing a wearable sensor platform technology to acquire maternal and fetal biometric data.
Radwave Technologies, Inc., St. Paul
Developing a surgical navigation platform for minimally invasive medical procedures.
Tychon Biosciences, Minneapolis
Commercializing an immune-therapy technology for cancer patients.
Vemos, LLC, Minneapolis
Providing an analytics and mobile payments system serving the hospitality industry.
We Sparkle, St Paul
Developing a conversational AI assistant for small appointment-based service businesses.
Yonder, LLC, Coon Rapids
Developing an education platform to prepare kids for dental visits.