Mayo Clinic Hosts Innovation Competition

Two Minnesota entrepreneurs among finalists for Think Big Challenge

As evidenced by Target and General Mills’ recent innovation initiatives, even the largest companies stand to benefit from dabbling in an entrepreneurial mindset and partnering with scrappy startups. Mayo Clinic is the latest Minnesota institution to jump on the innovation bandwagon with its Think Big Challenge. Mayo is inviting entrepreneurs to put their vision, creativity, and commitment to disruptive technology to work solving tough problems in healthcare.

Competitors were invited to develop a market strategy for one of several new Mayo Clinic Ventures technologies. The finalists, announced today, include two Minnesotans: Brandon Johnson of Minneapolis and Dale Fasching, who was born and raised in Mound, Minnesota. The other finalists include Lisa Tweardy of North Carolina and two health care technology firms from Georgia.

The five finalists will compete in the final round of the Think Big Challenge on Thursday, Sept. 15, at Mayo’s Transform 2016 conference at its Rochester campus. The final round will be judged by a distinguished panel of venture capitalists, successful entrepreneurs, technical experts, and members of Mayo Clinic Center for Innovation and Mayo Clinic Ventures.

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