The College of Science and Engineering received a $1.08 million grant from the Minnesota Department of Employment and Economic Development (DEED) to convert 8,000 square feet of unfinished space into a larger, new facility for the Medical Devices Center.
Established in 2008, the Medical Devices Center includes laboratories, equipment, support facilities, training programs, and experts who turn research and development ideas into marketable products. It has outgrown its current 5,000-square-foot space and will move into renovated space in the Mayo Parking Garage, located in the heart of the U’s medical facilities and not far from the engineering buildings.
Besides the DEED grant, the University’s College of Science and Engineering will contribute $2.2 million for the project. In-kind donations from medical device companies are expected to fund needed equipment.
“The medical devices sector is a vital industry in Minnesota, employing more than 29,000 people, the highest number per capita in the U.S.” says DEED Commissioner Mark Phillips. “The Medical Devices Center is critical to the state’s infrastructure, serving as an integral partner to industry and an incubator for innovative new devices.”
Over the last four years, the center’s research fellows have filed 109 invention disclosures to the University’s Office for Technology Commercialization, resulting in more than 37 University patent applications.
University administrators estimate that the expanded center could contribute to the creation of as many as several hundred jobs in Minnesota annually.
The Medical Devices Center is part of the Institute for Engineering in Medicine, a joint program of the College of Science and Engineering and the Medical School.