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Launch Minnesota Awards Nearly $350,000 in Innovation Grants to Startups

13 startups receive Innovation Grant funding

1/28/2022 2:18:04 PM

2022-01-27 Launch Grants

Chenfeng Lu, founder of Fybraworks Foods and recent grant recipient

Launch Minnesota Innovation Grants target the most promising innovative and scalable technology businesses in Minnesota. The grants help reduce the risk for Minnesota technology startups and entrepreneurs who are solving problems and growing our state’s innovation ecosystem. Since its creation during the 2019 legislative session, Launch Minnesota has awarded 178 innovation grants totaling $4.2M to 130 unique grantees – accelerating the growth of startups and amplifying Minnesota as a national leader in innovation.

“Providing resources and support for technology startups is important to continue to grow our state’s economy,” said DEED Deputy Commissioner of Economic Development Kevin McKinnon. “These grants are assisting businesses at a critical stage in their development.”

“We have the data to show innovation grants are making a difference in the growth and success of startups,” said Launch Minnesota Executive Director Neela Mollgaard. “Grants help fill a gap of capital needed to bring new technologies to market that are changing the way we work, learn and live.”

Innovation Grant award recipients in 2022 include:

BenchK12, Inc. (Eden Prairie)
Provides a next-generation talent empowerment platform that allows substitute teachers to get credentialed in days and get matched with schools needing their assistance.

Panache (Saint Paul)
Brews apple-based ayurvedic recipes infused with beneficial botanicals.

Telo LLC (Minneapolis)
Offers an innovative rollator walker that tracks users’ activity, baselines and progress to help them take back control of their mobility.

Microfluidic Biologics Corp. (Sebeka)
Develops faster, low-cost diagnostic and antibiotic susceptibility tests for urinary tract infections.

Sasya LLC (Saint Paul)
Develops cost-advantaged processes for the production of nutrition supplements.

DXD Ag Insights LLC (Rochester)
Uses data visualization and interpretable machine learning to build products for agronomists.

MarPam Pharma, LLC (Saint Paul)
Developing a one-time treatment for HIV.

Davenport SAF-T Systems, LLC (Minneapolis)
Offers a lightweight smart vest equipped with motion sensors that can detect a fall in progress.

Quench Medical Inc. (Saint Paul)
Developing an inhaled drug delivery system to treat lung cancer by directly targeting lung tumors for greater efficacy and less system toxicity.

NXGEN PORT (Saint Paul)
An innovative technology that monitors cancer patients remotely by measuring blood cell counts and heart function through an implantable port-catheter.

EduCharacter LLC (Mound)
A voice technology company developing the first screen-free, interactive learning system.

Synaptic Health (New Brighton)
Solving the problem of cognitive decline and Alzheimer’s by promoting deep, restorative sleep through non-invasive, AI-driven neuromodulation.

AugmentTech LLC (Maple Grove)
A technology company specializing in creating technology and software for individuals with disabilities and those who lack technology skills.

In addition to Innovation Grants, Launch Minnesota offers SBIR/STTR Matching Grants to first-time Phase I and Phase II awardees. Grants are awarded on a sliding scale based on a company’s federal award amount. Phase I awardees can receive up to $35,000 and Phase II awardees can receive up to $50,000. DEED will announce the SBIR/STTR grant recipients in February 2022.

Visit LaunchMinnesota.org to learn more about grant opportunities, or locate the full list of Launch Minnesota Innovation Grants since 2019. An additional $1.5M in funding for Innovation Grants will be available in July 2022.

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