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Mayo Business Accelerator

 

Organization Info
Impacts/Collaborators
Beam Assessment

Organization Information


Organization: Mayo Business Accelerator

Sector: Commerce

Organization Mission: Mayo Clinic Business Accelerator provides infrastructure that enables entrepreneurism for the Rochester community. Founded by Rochester Area Economic Development, Inc. (RAEDI), City of Rochester, Mayo Clinic Treasury Services and Mayo Clinic Ventures, the Mayo Clinic Business Accelerator provides collaborative space for new companies, venture capital firms and entrepreneurs. It also works with existing companies and service providers to support entrepreneurial ventures. Located in close proximity to Mayo Clinic, our space encompasses over 2,000 square feet within the skyway level of the Minnesota BioBusiness Center in Rochester, Minnesota. By bringing together like-minded entrepreneurs, investors and advisors, we create a unique ecosystem for the Rochester community to share ideas, resources and expertise. This ecosystem, in turn, promotes local and regional economic development through new company creation and expansion.

Website

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Economic Development, Medical Services, STEM, Technology Enablement
July 15, 2019: Rochester Home Infusion in the News

Finance-Commerce Spotlight on Small Biz: Home IV service joins DMC mix

Read more ...
June 24, 2019: Discovery Square One

Royal Philips, an Amsterdam-based firm that works in a variety of health care markets such as medical devices and services, confirmed today that it plans to open a Med City office in the recently opened 89,000-square-foot One Discovery Square complex, on the corner of Fourth Street and Second Avenue Southwest.

Read more ...
June 23, 2019: Rochester Community & Technical College Compassion/Equity

Minutes from June 4th, 2019, compassion/equity scheduling workshop

Read more ...
June 21, 2019: IBM Corporate Citizenship Survey Results

Message from IBM  Vice President & Global Head, IBM Corporate Social Responsibility regarding IBM Corporate Citizenship Survey Results

Read more ...
May 20, 2019: Heart of the City Peace Plaza Public Realm

6 things to know about Heart of the City plans. 

Read more ...
April 11, 2019: OpenBeam April 2019 News

Attended Sustainability's  Arrive Rochester meeting about ride sharing presentation. Learn more them and their positioning in DMC Transportation notion of Transit Management.  Added the Arrive Rochester organization to Community Beam registry. Rediscovered this letter to DMCC and now wondering if the consultant is being paid  400K per year. 

Read more ...
April 08, 2019: Destination Medical Center (DMC) Plan

3rd Annual DMC Real Estate Development and Investment Summit

Read more ...
April 07, 2019: Southern Minnesota Initiative Foundation

BRINGING OUR RESOURCES TO A SPROUT! EVENT NEAR YOU

Read more ...
April 04, 2019: Journey to Growth Plan $25M loan fund

PB: "As part of J2G, lawmakers from Southeast Minnesota are seeking to create a $25 million revolving loan fund to spur business and entrepreneurial activity in the region’s towns and cities."

Read more ...
April 03, 2019: SE Mn Together: A regional community growth initiative

April 30, 2019 Beyond Minnesota Nice Conference: Creating Welcoming and Inclusive Communities

Read more ...

Community Anchor Participation:

 

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Impacts

The work of this organization may have impacts on the following areas:

PlanScape

Lvl 1: Economic Development ; Medical Services ; STEM ; Technology Enablement

Lvl 2:

DMC Impact: Commercial Research & Technology

Community Health Impact area:

 


Potential Projects

Project Involvement Candidates:


 

Potential Collaborators

Potential Collaborators:

Organization Life Cycle Assessment:

Isolated Impact

Site Information
Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
Links
Links to Beam and beam sub-sites: