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Boston Scientific Community

gBETA Medtech is Seeking Black Founders for Fall 2021 Cohort

What to know about applications for gBETA Medtech:

  • Applications are now open for gBETA Medtech, the Minnesota-based accelerator by gener8tor
  • The free, seven-week accelerator (October 18, 2021 through December 9, 2021) is seeking Black founders in the healthcare industry and, for the first time, will offer a $10,000 grant to each company chosen for the program (with support from Boston Scientific)
  • Participants will receive, “intensive, individualized coaching and access to gener8tor’s national network of mentors, customers, corporate partners and investors.”
  • To qualify for the accelerator, companies will need to fit at least one of these criteria
    • “One or more individuals with the title of “Founder,” “Co-Founder” or “CEO” identifies as Black or African American”
    • “At least 20 percent of the equity ownership is held by one or more individuals who identify as Black or African American and such individuals have a significant role in the decision-making process”
  • The deadline for applications is August 31, 2021

The Quote: Randy Schiestl, Vice President, Research & Development of Boston Scientific

“Since the original gBETA Medtech cohort, this program has helped Boston Scientific support early-stage ventures in new ways. To build on these efforts while advancing our commitment to diversity, equity and inclusion exemplifies the spirit of meaningful collaboration that makes truly transformational innovation possible.”

Alex Skjong
Alex oversees the content produced for BETA, Twin Cities Startup Week, and When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).