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Innovation Scholars Program

Mayo presentation 2009/2010

Students Participate in Exciting Program at Mayo Clinic

The Innovation Scholars Program is a collaborative effort between the Mayo Clinic, early stage medical companies in the Twin Cities, and selected Minnesota private colleges. Multidisciplinary teams of students analyze biomedical innovations and their potential through final reports and recommendations.

Teams of 4 or 5 undergraduate science and economics majors assist in the assessment of new product submissions by researchers at Mayo Clinic. Each student team is directed by a master’s level student and is advised by a Licensing Manager from the Mayo Clinic Office of Intellectual Property.

The student teams gain valuable insights and experience in the translational process associated with inventions and product development. The experience culminates with a presentation of the team’s research findings, in the form of a business plan, to Mayo Licensing Managers, representatives from the MN Private College Council, the Medtronic Foundation and participating colleges. The presentation is at the Mayo Clinic in Rochester, MN.

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Mayo Magic

Two Macalester teams  presented at the Mayo Clinic in Rochester, Minn., their analyses and recommendations about inventions in development at Mayo as part of the Mayo Innovation Scholars Program.