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
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+. Aquired by Dechra in 2024.
featured news
Massachusetts Biomedical Initiatives (MBI) Highlights Worcester’s Leading Life Sciences Job Growth, Accelerator Milestones, and Company Expansions in Third Quarter of 2026
MBI marked the third quarter of 2026 with new evidence of the region's growing industry presence, the completion of its inaugural Auxilium-MBI Accelerator cohort, and significant milestones among companies at its incubator.
Worcester Is All In on Biomanufacturing: City Manager’s Remarks
“For generations, Worcester has been an industrial powerhouse. While globalization and other factors have led traditional manufacturing to go south and overseas, Worcester has the potential to once again be a leader in this sector, through 21st century biomanufacturing.”
latest updates
Massachusetts Biomedical Initiative Welcomes Sira Naras Frongillo as Advancement Director
Massachusetts Biomedical Initiative Welcomes Sira Naras Frongillo as Advancement Director
Growing at MBI: XTOP Biotherapeutics and Volta Energy Take Larger Lab Spaces
Worcester's innovation economy is growing, and two MBI startups are growing with it. XTOP Biotherapeutics and Volta Energy are moving their operations into larger laboratories at MBI, choosing to expand right here in the city where they got their start.