VIDEO Opening Day at MATTER Chicago's New Health Tech Incubator
Published: Feb 23, 2015
Opening Day at MATTER, Chicago's new health tech incubator
Mayor Rahm Emanuel, Governor Bruce Rauner, Senator Dick Durbin, J.B. Pritzker, and more in attendance
MATTER, Chicago, IL 60654
On February 13, MATTER CEO Steve Collins, billionaire investor J.B. Pritzker, newly elected Illinois Governor Bruce Rauner, Illinois Senator Dick Durbin, and Chicago Mayor Rahm Emanuel joined a host of entrepreneurs to officially open MATTER, Chicago’s new entrepreneurship innovation incubator for next-generation health IT, medical devices, diagnostics, and biopharma companies.
MATTER brings together healthcare entrepreneurs, researchers, academics, industry leaders, investors, and associations to connect and collaborate on the development of new healthcare technologies and solutions to improve patient lives.
MATTER Chicago is a 25,000-square-foot, state-of-the-art space with facilities including an auditorium, classrooms, an engineering lab, a clinical simulation center, and an AMA Interaction Studio, which features an interactive physician’s office of the future where physicians and entrepreneurs can co-create new products and services. From ergonomic chairs to carpeting that display repeated images of human organs, MATTER space has plenty of co-working space for health tech companies to develop their ideas and build their businesses.
Mayor Rahm Emanuel stated "The tech scene is now growing at leaps and bounds. No other job sector has grown as much in Chicago, resulting in 40,000 people now working in the digital economy. In the next five years, the city of Chicago will have 80,000 people working in the digital economy. New businesses. New employees. New ventures. New ideas. That's how you build a constantly growing economy."
With Mayor Rahm Emanuel campaigning for re-election on Tuesday, February 24, he made mention that “Chicago has nearly doubled the number of jobs in technology in the last three years, and it is companies like these that are critical to continuing that growth and helping to achieve our goal of doubling the City’s tech workforce in the next decade.”
J.B. Pritzker, founder and investor of 1871, Chicago’s tech incubator, spoke at the opening day press event of MATTER.
As of opening day, MATTER has already accepted more than 70 startup healthcare companies as its first members. MATTER companies include Double Helix, Player’s Health (formerly Team Interval), and Resonance Medical.
“It’s an incredibly dynamic time for innovation in healthcare and MATTER will help entrepreneurs develop the most powerful and meaningful solutions,” said MATTER CEO Steven Collens. “MATTER’s opening is the culmination of years of hard work by leaders across the healthcare community and the start of a new era of collaboration, innovation and growth for the industry.”
Recently, 1871, Chicago’s Tech Incubator, was rated the sixth best tech incubator in the country by Accenture. Today marks the opening of the first health-focused incubator of its kind in Chicago.
Watch Breaking Voices Opening Day interview with MATTER co-founder David Schonthal.
MATTER, a not-for-profit organization, was developed by a team of entrepreneurs and industry leaders with the support of the state of Illinois. MATTER began as a project of ChicagoNEXT, Mayor Rahm Emanuel’s council on technology and innovation, which is part of World Business Chicago.
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