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Wikimedia Commons - Mayo Clinic

If there was an overriding message at last week’s Mayo Clinic Transform 2016 conference and what was arguably its highlight – the Think Big Challenge – it was that Mayo leaders are firmly committed to their recent entrepreneurial direction. For them, it’s now all about the transformation of medical innovations into market action.  

That ethos was on full display at Think Big Challenge held at the Mayo Civic Center in Rochester, where five startup CEOs were competing for a $50,000 seed investment from Mayo Clinic Ventures. The Challenge’s aim is to help match new health care technologies developed by clinicians with the right business partners. Mayo has a long list of potential health care innovations that are currently sitting on the shelf waiting for entrepreneurs to take them to market.