Mayo Innovation Scholars Program
The Mayo Innovation Scholars Program offers a unique opportunity for undergraduate science and business/economics students, along with a small group of graduate students, to conduct research on new product ideas and innovations developed by physicians and other professionals at the Mayo Clinic in Rochester, Minnesota.
The Program is a collaborative effort between the Mayo Clinic and selected Minnesota private colleges and universities (including the University of St. Thomas), with financial support from the Medtronic Foundation and the Mayo Clinic Office of Intellectual Property along with administrative support from the Minnesota Private College Council.
Teams of undergraduate and graduate students are given a product or innovation that has been developed at the Mayo Clinic and are asked to analyze the market viability of the product or innovation and potential applications.
The Program culminates with teams presenting their findings and recommendations at the Mayo Clinic in March of each year.