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Regional Biomanufacturing Strategy

With a goal to transform Central Massachusetts into a Biomanufacturing Hub, MBI and its partners in the region authored a Regional Biomanufacturing Strategy that outlines specific programs that will allow Central Massachusetts to successfully compete for this emerging industry.

 

The report outlines four key strategies to build a competitive market in Central Mass:

 

  1. Establish a Regional Economic Development Approach between the Commonwealth and Central Massachusetts leaders;
  2. Build out the Regional Talent Capacity, ranging from research and development, manufacturing, business, and entrepreneurship;
  3. Catalyze an Innovation Hub and Startup Support System, that supports the growth of homegrown startups beginning with research and development and continuing through to scale- up manufacturing;
  4. Establish a Transaction Toolkit to Incentivize Large Scale Biomanufacturing in Central MA that recognizes the unique challenges of Gateway City development and uses modest public investments to secure significant private investments and job creation.

 

The Regional Biomanufacturing Strategy resulted from conversations with over 70 stakeholders from industry, academia, local businesses, and government officials. The report includes specific recommendations and funding, calling on the Commonwealth, local government, and private industry to work collaboratively to support this regional approach.

 

The full report is available online here.