MASSACHUSETTS
BIOMEDICAL
INITIATIVES

MBI is a nonprofit building a biotech cluster in Central Massachusetts. 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

197+

Successful MBI Graduate Companies

1801+

Total jobs created

$2B+

Cumulative economic impact

Ready to start your company?

featured news

MBI Receives $1.37 Million Pathmaker Grant to Expand Biomanufacturing Training in Central Massachusetts

December 10, 2025 / Press Release

MBI has received an MLSC Pathmaker grant to partner with WPI and MCPHS and train 115 Central MA residents for careers in biomanufacturing.

More

What the New BioHub Investment Means for Central Massachusetts

November 17, 2025 / Blog

The vision behind the BioHub designation is rooted in years of regional planning and collaboration.

More

latest updates

WBJ Movers & Shakers for December 15, 2025

Published in: Worcester Business Journal
December 30, 2025 / Media Coverage

MBI's newest employees and promotions were recently highlighted in the WBJ's Movers & Shakers.

More

MBI Welcomes Three Companies to the Incubator in Third Quarter of 2025

December 17, 2025 / Press Release

In Q3 of 2025, MBI welcomed 3 new startups, graduated 2 companies, and brought on new staff members!

More