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News

Oct 7, 2022Blog | Member News, Higher Education, Technology & Innovation

UMaine’s impact on biomedical innovation: Startups and spin offs

Photo courtesy of University of Maine

New England Council member, the University of Maine has been engaging in more projects relating to innovation and startups in the biomedical field.

This level of success began with the creation of the University of Maine’s Graduate School of Biomedical Sciences and Engineering and the Biomedical Engineering program. Success stories can be seen with companies such as MedRhythms, a digital health company started in Portland, Maine which has raised $36 million in funding. These programs encourage founders to learn more about how to handle the path of bringing a service or product to the larger market.

Vice President for innovation and economic development, Renee Kelly said, “Stay connected to resources and community here, but don’t limit your ecosystem to just Maine. Maine companies can make a global impact and need to ensure they are capitalizing on opportunities and ecosystems outside the state as well.”

The New England Council would like to commend the University of Maine on its success in bolstering an innovative and impactful New England economy.

Read more in MaineBiz.

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