MN Cup, the nation’s largest statewide startup competition, announced BlueCube Bio as its 2020 grand prize winner. The LifeScience/Health IT Division winner, BlueCube Bio, was awarded the $50,000 grand prize at the 16th annual MN Cup awards celebration. The winning venture was revealed during a live-streamed award ceremony on September 22nd from the University of Minnesota’s McNamara Alumni Center. The runner-up CounterFlow Technologies brought home second place and a $20,000 prize. These awards are in addition to $30,000 cash prizes for each of the nine divisional winners competing for the grand prize.
BlueCube Bio participated in the MIN-Corps Value Proposition Design workshops in Summer 2019, and the national I-Corps Teams program in early 2020. Counterflow Technologies participated in Spring 2020 in the Launch MN Value Proposition Design Online course, an entrepreneurship program for companies across the State of Minnesota funded by the Department of Employment and Economic Development. Both companies are based on technologies developed in University of Minnesota research labs.
Congratulations to both teams!