Healthcare company-building profile
Medtronic LABS
Medtronic (independent nonprofit spun out of Medtronic)
AcceleratorGovernment or nonprofit acceleratorNonprofitActive
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Government or nonprofit accelerator
- Organization
- Medtronic (independent nonprofit spun out of Medtronic)
- Organization type
- Nonprofit
- Location
- Minneapolis, Minnesota
- Company stage served
- Not publicly documented
- Cohort or participation model
- Not applicable; internal venture building rather than external cohorts
- Investment or funding offered
- Not publicly documented
- Published investment terms
- Not applicable
- Equity or fee model
- Not publicly documented
- Clinical or hospital connection
- Not publicly documented
- Application status
- Active
- Founded
- 2014
Public description
About the program
Medtronic LABS began as an internal Medtronic venture and was spun out as an independent nonprofit that designs and scales technology-enabled care delivery models for underserved communities. It operates as a venture-building organization rather than a startup cohort accelerator, developing and deploying its own platforms in partnership with health systems and governments. It is included as Medtronic's most prominent structured innovation vehicle.
What the program publicly emphasizes
Focus areas and features
Chronic disease managementGlobal health deliveryCommunity-based care modelsHealth tech for underserved populations
- Category: Government or nonprofit accelerator
- Program structure: Not applicable; internal venture building rather than external cohorts
- Published terms: Not applicable
Sources
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