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 175 companies that have created over 1,025 jobs and raised over $1 billion

Cluster Building

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

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 2022.

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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.

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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+.

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83%

Graduate company success rate

175+

Successful MBI Graduate Companies

1025+

Total jobs created

$1B+

Cumulative economic impact

Ready to start your company?

featured news

MBI Receives U.S. Small Business Administration 2023 Growth Accelerator Fund Competition Stage Two Award

September 25, 2023 / Press Release

MBI will receive $150,000 in prize money to implement Growth Accelerator Partnerships to support innovation

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Massachusetts Biomedical Initiatives (MBI) to Receive $375,000 from Graduate Company, Biocytogen, for Pilot Biomanufacturing Center

September 11, 2023 / Press Release

MBI launched its “Blue Beaker Campaign” last month to raise $6 million to support development of the Center

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latest updates

Beers & Peers

September 27, 2023 / Event

More info to be announced soon!

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Building with Biology: The Economic Acceleration of Central Massachusetts with a Bioindustrial Manufacturing Technology Hub

September 12, 2023 / Blog

The Blackstone River Valley in Central Massachusetts was the birthplace of the industrial revolution. Nearly 250 years later, Worcester can be a leader in the new technology driven revolution of the next century, bioindustrial manufacturing. To spur this effort, a consortium of industry leaders and academic institutions, led by MBI, has applied for a grant from the U.S. EDA to accelerate this initiative and declare Worcester as a Regional Technology and Innovation Hub.

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