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NIH Awarding Mayo Clinic

 
Public Report on Discovery Square One led by Mortenson and Mayo Clinic
Last modified: May 27, 2016

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The Mayo Clinic has been awarded $142 million in funding from the National Institutes of Health to create a research repository of biologic samples to advance precision medicine.

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The Mayo Clinic has been awarded $142 million in funding from the National Institutes of Health to create a research repository of biologic samples to advance precision medicine.

The grant complements the Destination Medical Center’s efforts to position Rochester – and specifically Discovery Square – as an international hub for medical innovation.

“Discovery Square is the economic engine for DMC. It represents the future of biomedicine, research, and technology innovation and is anticipated to be one of the largest drivers of job growth in Rochester,” says Lisa Clarke, executive director of the DMC Economic Development Agency.

“Mayo Clinic has a responsibility to seek new medical knowledge and share that knowledge with others,” says John Noseworthy, M.D., Mayo Clinic president and CEO. “The Mayo Clinic Center for Individualized Medicine is proud to accelerate research nationally through the Precision Medicine Initiative Cohort Program biobank. “This important effort over the coming years complements the Destination Medical Center initiative and Discovery Square at Mayo Clinic designed for global research innovation and collaboration.”

DMC and the Biobank

  • The Destination Medical Center (DMC) vision is to create a destination – a unique place within Rochester, Minnesota, with Mayo Clinic at its core – offering the most desirable amenities for patients, community members and business partners to live, work and play.
  • DMC is a one-of-a-kind, $5.6 billion economic development initiative to further elevate Minnesota as the world’s premier destination for health and wellness and to generate high-value jobs, new tax revenue, and businesses.

 

 

Impact Levels

  Impact Lvl 1: Economic Development ; Health ; STEM ; Technology Enablement

 

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About Beam

Community Beam (dmcbeam.org) is a registry of private and public resources (organizations, projects, initiatives, programs) that underpin economic and social developments of greater Rochester:

  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

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