Welcome to our first newsletter of 2021! 

In our look back on the past year in our last newsletter, we talked about resilient startups, the pandemic, and capacity building.  We reflected on our own efforts, and then we started thinking about the startup ecosystem as a whole. 

We’ve talked extensively about nonprofit organizations that support startups (and our support of them through our Founders Pledge), and we have talked about government contributions (such as the not-yet-passed New Business Preservation Act, the Angel Tax Credit, and LaunchMN).

But what about our educational institutions? 

In our region, the University of Chicago and Northwestern University have well-known startup competitions, and their business schools churn out founders. The University of Wisconsin-Madison is in the top 10 for US research institutions, and the city has seen an influx of tech talent in the last year.

But what about the University of Minnesota?
 

How the U of MN is Embracing Startup Culture


The University of Minnesota Twin Cities (U of MN) campus is the 6th largest university in the US, with 50,000+ students. It has a ~$4B endowment and 485,000 alumni living around the world. It has produced 165+ startups since 2006, attracting $1.15B in capital investment. 7 have gone public since 2017.

How is the U of MN doing it? What are the programs, who are the people, and why is it working? 

Moonshots at the Carlson School
Our piece on giving during the pandemic highlighted some of the contributions by our portfolio along with our own efforts.

As we have taught with, co-invested, judged, advised,  and otherwise partnered with the U of MN over the years, Great North Labs has seen what things are working. Here are our top 4 observations:

1. John Stavig is a leader in the tech startup community.
2. MN Cup is elevating the entire startup scene.  
3. Atland Ventures provides students real VC experience.
4. The U of MN has a proliferation of startup support efforts across disciplines.


Read the full story.

MN Cup Director Jessica Berg is one of the first episodes of our new stealth podcast project. Hear from Berg and other people in the startup ecosystem who are executing in their niche, when we drop the first episodes!
 


MEDA Million Dollar Challenge Winners


The Metropolitan Economic Development Association (MEDA) holds a national contest every year for BIPOC founders. This year, the Million Dollar Challenge awarded $1.1M in financing to six startups. 

The winners are: 

Mi Terro (City of Industry, CA) – $300,000
Femly (Baltimore, MD) – $250,000
Flourish Savings (Berkley, CA) – $150,000
Options MD (Los Angeles, CA) – $150,000
Please Assist Me (Washington, DC) – $150,000
Industrack (Plymouth, MN) – $100,000

Over the years MEDA has helped launch 500+ BIPOC-owned businesses with the potential to scale. The organization has assisted 20,000 minority entrepreneurs in Minnesota alone. 

Events

Here is a mix of upcoming events for investors, founders, and/or ecosystem supporters. All events listed are virtual.

Portfolio News

EmpowerU is new to the Great North Labs portfolio! EmpowerU is an online social-emotional learning organization that creates sustainable empowerment and therapeutic programming for students.

Twin Cities entrepreneur develops mental health website for teens”. Read about Empower U from Neal St. Anthony at the Star Tribune. Or here: “EdTech Makes Mental Healthcare Accessible for Students: How EmpowerU Works to Meet Students’ COVIDE Needs”.

“Tech for Change: At CES 2021, new devices and tech aim to help beat COVID-19”. Misty Robotics is making waves during the pandemic edition of CES. 
    
“PrintWithMe Deployed Portfolio-Wide by JMG Realty, Inc.” PrintWithMe is launching across 85 apartment communities reaching 30,000 apartment homes. 
 

Job Board

Dispatch is hiring

Business Development Representative & Territory Sales Manager- REMOTE
HR Intern, Driver Engagement Intern, Enterprise Sales & Alliances Intern, Driver Engagement Intern, Customer Experience Intern, Business Development Intern- BLOOMINGTON, MN

Structural is hiring
Marketing and Sales Intern- REMOTE or in ST. PAUL, MN

FactoryFix is hiring
Team Lead – Full Stack Developer, Full Stack Developer, & Infrastructure Developer- DevOps- MADISON, WI

TeamGenius is hiring
Customer Success Manager, and Lead Engineer-Mobile Development-  MINNEAPOLIS, MN

PrintWithMe is hiring
Regional Multifamily Housing Sales Director (East Coast)- PHILADELPHIA, PA
Regional Multifamily Housing Sales Director (East Coast)- WASHINGTON, D.C.
Regional Multifamily Housing Sales Director (South East)- ATLANTA, GA
Regional Multifamily Housing Sales Director (West Coast)- SACRAMENTO, CA
Director of Demand Generation, Printer & Implementation Technician, Part-time Warehouse Associate, Strategy Intern (MBA)- CHICAGO, IL

Branch is hiring
Senior iOS Engineer, Android Engineer, Enterprise Support Representative- REMOTE
Consumer Marketing Manager, Account Executive (Mid-Market)- MINNEAPOLIS, MN

Inhabitr is hiring
Chief Growth Officer/Head of B2C Growth Sales and Customer Experience Associate- CHICAGO, IL

Clinician Nexus is hiring
Customer Success Manager- MINNEAPOLIS, MN

NoiseAware is hiring
QA Technician (independent contractor), Senior Director of Software Engineering- DALLAS, TX
Data Scientist, Scrum Master Dallas, People Operations Generalist- REMOTE or DALLAS/AUSTIN, TX

July Newsletter
Great North Ventures

iraLogix closes $22M + Branch expands with Uber

iraLogix Closes Series C
Great North Ventures

iraLogix closes $22M Series C

June Newsletter
Great North Ventures

Flywheel lands Gates Foundation grant

We're Hiring
Great North Ventures

Venture Capital Analyst

We're Hiring
Great North Ventures

Executive Assistant – Venture Capital Firm

Great North Ventures Raises $40M Fund II
Great North Ventures

Great North Ventures Raises $40 Million Fund II

Investment Thesis: Fund II Strategy
Great North Ventures

Investment Thesis: Fund II Strategy

Investment Thesis: Community-Driven Applications
Great North Ventures

Investment Theme: Community-Driven Applications

Fund II Theses: Solving Labor Problems
Great North Ventures

Investment Theme: Solving Labor Problems

April Newsletter
Great North Ventures

Trends in the Gig Economy + Work in the Metaverse

Minnebar14
Josef Siebert

MinneBar 14 Recap

Minnesota Innovation Collaborative
Josef Siebert

Minnesota Innovation Collaborative

engineer and various business information. Internet of things industry.
Pradip Madan

IoT 3.0

Healthcare innovation image
Great North Ventures

Healthcare Innovation