Medtronic Foundation to invest nearly $4 million in STEM education for underserved students

The Medtronic Foundation announced today that it will invest in STEM education for more than 60,000 underserved and underrepresented students.

Over a two year span, the Medtronic Foundation plans to invest nearly $4 million to collectively serve those students across Minnesota, Northern California and Puerto Rico through 13 new partnerships with leading organizations serving those K-12 students.

Key locations were prioritized based on evidence of racial and economic disparities where Medtronic employees have a strong footprint and the capability to drive social change through opportunities in science, technology, engineering and math (STEM) education.

Medtronic employee volunteers will also partner with each organization to deploy employee talent in the form of mentorship to students along with other skilled volunteerism.

“Long-lasting, community-driven changes start locally. Our partners have trust of communities, and the expertise to lead …

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MedTech 100 roundup: Industry remains on the rise

The medtech industry continues to climb back up in the markets, following a landmark week with another move up toward its pre-COVID-19-pandemic highs.

MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 89.29 points at the end of last week (July 24). That total represents just a -3.3% dip from the Feb. 19 high point of 92.32, marking the smallest margin of decline over the past five months.

On July 22, the index reached 90.11 points, marking its highest point since that pre-pandemic high and the first and only time it has eclipsed 90 points since that day in February.

Medtech stocks saw a 0.44% increase from the 88.9-point total at the same time a week prior (July 17), highlighting a slight improvement after last week saw the industry inch back toward that pre-pandemic high.

Meanwhile, the S&P 500 Index saw a -0.3% decline from July 17 to July 24, and the Dow Jones Index fared slightl…

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Medtronic Foundation pledges $16m to racial equity groups, Minneapolis rebuilding

The Medtronic Foundation today announced a $16 million commitment to partnerships with organizations working to bring about social justice and equity, improve the lives of Black Americans, and help heal and advance the broader community.

The foundation is entering into long-term, multi-year partnerships with the following organizations:

Thurgood Marshall College Fund, to fund scholarships for low-income students studying engineering, biomedical, and business at Historically Black Colleges and Universities (HBCUs) across the U.S. The partnership also includes opportunities for students engaged in science, technology, engineering, and mathematics (STEM) at HBCUs to learn more about medical technology. Northside Achievement Zone (NAZ), to help impoverished families living in North Minneapolis to upgrade skills, increase household income and support their children through high school and college. Medtronic employees will have year-round opportunities to volunteer the…
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Medtronic Foundation pledges $16m to racial equity groups, Minneapolis rebuilding

The Medtronic Foundation today announced a $16 million commitment to partnerships with organizations working to bring about social justice and equity, improve the lives of Black Americans, and help heal and advance the broader community.

The foundation is entering into long-term, multi-year partnerships with the following organizations:

Thurgood Marshall College Fund, to fund scholarships for low-income students studying engineering, biomedical, and business at Historically Black Colleges and Universities (HBCUs) across the U.S. The partnership also includes opportunities for students engaged in science, technology, engineering, and mathematics (STEM) at HBCUs to learn more about medical technology. Northside Achievement Zone (NAZ), to help impoverished families living in North Minneapolis to upgrade skills, increase household income and support their children through high school and college. Medtronic employees will have year-round opportunities to volunteer the…
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