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
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.”
Worcester’s bet on biotech is paying off
From the Boston Globe: When the Gateway Cities carve out their economic niches, they’re not just rebuilding their own local economies — they’re making the whole state more diverse and economically resilient.
latest updates
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.
Eascra Biotech Expands at MBI, Showcasing MBI’s StartUp to ScaleUp Model
Eascra Biotech is expanding at MBI, growing into a larger lab as the company reaches its next stage. The expansion showcases MBI’s StartUp to ScaleUp model and its role in helping emerging life sciences companies grow and stay in Central Massachusetts.