New Mayo Clinic Business Accelerator Opens in Rochester

Posted at: 03/01/2013 6:19 PM
By: Jenna Lohse

(ABC 6 NEWS) -- More than a hundred people showed up for the opening of Rochester's new Mayo Clinic Business Accelerator.

"It feels like an accelerator, the pace in this room," said Dr. John Noseworthy, Mayo Clinic CEO.

Dr. Noseworthy headlined Friday's ribbon cutting ceremony at the Minnesota BioBusiness Center's new Business Accelerator. It's designed to give new companies the chance to grow.

"It's great to have a home base here in Rochester," said Jeremy Friese of Evidentia Health.

Jeremy Friese and Brent Backhaus are Co-founders of Evidentia Health, 1 of 12 new tenants that specialize in bio-business.

"We’re really excited about the future of our company and the opportunities here in Rochester," said Friese.

But the other part of the equation is keeping those businesses in the Rochester area.

"They have a place now to start. They have a nurturing environment here in the accelerator, but to grow and expand will the infrastructure be here that they need and that's really where the DMC comes in. The DMC can provide that infrastructure," said James Rogers, Chair of Mayo Clinic Ventures.

"The notion is to make Rochester the premier destination in the world and the type of technology and science that's going to come out of this building will definitely contribute to that effort," said Rochester Development Administrator Doug Knott.

The state still has to approve nearly $600 million in funding. Dr. Noseworthy says the new Business Accelerator is a step towards the clinic's overall goal of making Rochester a Destination Medical Center. 

"As we like to say at Mayo Clinic, congratulations. Go do good work together," said Noseworthy.

While the space inside the Accelerator is nearly filled, there is space for another 6 work stations.