MASSACHUSETTS
BIOMEDICAL
INITIATIVES

MBI is the longest-running life sciences incubator in the Commonwealth. We help emerging life sciences companies advance from concept to clinical trials, create jobs, and promote economic development.

Incubate

We help emerging life sciences companies advance from concept to clinical trials so they can bring lifesaving products to patients

Companies

Since 2000, MBI has incubated over 188 companies that have created over 1,800 jobs and raised over $1.4 billion

Cluster Building

We support economic and workforce development to create a sustainable ecosystem in Massachusetts

40 STORIES FOR 40 YEARS
To celebrate MBI's 40th anniversary, please join us in celebrating our history and our impact told in 40 stories about MBI through the years.

Success Stories

TransCode Therapeutics

A platform delivery company focusing on oncology, TransCode launched clinical trials while at MBI. The team closed a $30M IPO event while at our incubator and announced an additional $7M IPO shortly after graduating in 2023.

iVexSol

iVexSol, whose mission is to improve patients' lives by developing transformative vector production technologies, graduated from MBI in 2022 with 20+ employees and has raised $40M to date.

Invetx

A veterinary therapeutics company focused on biopharmaceuticals that bring the best of human biotechnology to animal health, Invetx graduated from MBI in 2022 and has raised over $80M+.

79%

Graduate company success rate

188+

Successful MBI Graduate Companies

1801+

Total jobs created

$1.9B+

Cumulative economic impact

Ready to start your company?

featured news

Leal Therapeutics, an MBI startup raises $45M

Published in: Worcester Business Journal
November 1, 2024 / Media Coverage

Leal Therapeutics, a scaling MBI startup company, has just raised $45M for ALS and schizophrenia treatment

More

MBI’s 40th Anniversary Impact Report

September 12, 2024 / Press Release

Check out MBI's 40 years of impact on Massachusetts!

More

latest updates

MBI’s 2024 Challenge Grants

October 22, 2024 / Press Release

Each year the MOBD entrusts MBI with funding to support the growth of the life sciences within Central Massachusetts. Read about this year's Challenge Grant recipients.

More

Secretary Hao Honors MBI’s Impact in Life Sciences

October 15, 2024 / Blog

Secretary Yvonne Hao honors MBI's impact in the life sciences and biomanufacturing, while accepting an award at MBI's 40th Anniversary event.

More