Mayo Clinic gets $50M gift to boost innovation

07/09/25 at 03:00 AM

Mayo Clinic gets $50M gift to boost innovation 
Becker's Health IT; by Naomi Diaz; 6/30/25 
Rochester, Minn.-based Mayo Clinic has received a $50 million donation from Florida philanthropists Gilchrist and Amy Berg — a gift dedicated to the health system’s innovation efforts. The money will support Mayo’s Innovation Exchange, a program that helps healthcare startups and entrepreneurs bring new technologies to patients. In recognition of the donation, the program will be renamed the Mayo Clinic Berg Innovation Exchange, according to a June 30 news release. The Innovation Exchange serves as a hub for global collaboration, bringing together experts in AI, digital health, product design and more. It has a footprint on six continents and supports startups working on tools in diagnostics, therapeutics and medical devices, according to Mayo Clinic.

Back to Literature Review