Innovation Scholars offers a unique experiential learning opportunity for students to explore the intersection of science, medicine, business, economics, and entrepreneurship while engaging with real-world biomedical and healthcare innovations. The highly selective program brings together multidisciplinary teams of students from 12 Minnesota private colleges and universities to analyze innovations and contribute to the business development and commercialization process in real time.
Led by graduate students and supported by faculty mentors, teams research and evaluate emerging products and technologies from Mayo Clinic, Medical Alley early-stage medical and healthcare companies, and NASA’s biomedical portfolio. Projects address actual challenges related to tech transfer and commercialization, including issues of bioethics and health equity.
Teams present their findings through business plans, presentations, or other deliverables requested by the project sponsors. The program is a collaborative effort among participating Minnesota private colleges and universities, Mayo Clinic, NASA, and Medical Alley companies.
Innovation Scholars at 麻豆区
At 麻豆区, teams consist of an MBA student, four undergraduate students–typically two to three STEM students and one to two business or economics students–and two faculty mentors, one from biology and one from business administration.
The program runs from October through March, with students contributing approximately 150-160 hours over the course of the project. Teams complete their work in late February or early March and present their findings to project managers, inventors, or company leadership. Students who successfully complete the program receive a $1,000 stipend.
For more information, contact Dr. Ibrahim Keita, Business Administration, at keitai@augsburg.edu, or Dr. Jacob Troutman, Chemistry, and troutmaj@augsburg.edu.