Matter News


MATTER Matter healthtech incubator officially opens to crowd of more than 150

February 13, 2015

The official opening of the Matter healthtech incubator drew a crowd — and a group of speakers so large that Mayor Rahm Emanuel joked he was being pushed offstage.

“We can be the capital, the heart of America for healthcare innovation, medical devices, medical technology, healthcare services,” Rauner said. “We can be the leader in America.”

Early this month, member companies began moving into Matter’s 25,000-square-foot space on the 12th floor of the Merchandise Mart. It now has 70 member companies.

Matter, adjacent to the 1871 tech incubator, is funded with state grants and loans, as well as $4.4 million from industry partners.

Speakers mentioned the importance of innovation and troubleshooting problems in the healthcare system, and they called on Matter to bring together the threads of Chicago’s schools, companies and healthcare networks.

“To do it,” Matter CEO Steve Collens said,“we need a central place to connect all the pieces of the community — entrepreneurs and innovators, scientists and doctors, healthcare executives and industry leaders.”