More Money for Life Sciences?

By: Erin Bryan A new legislative proposal to provide a five-year, $500 million life sciences initiative was recently announced by Governor Charlie Baker. This initiative would extend the current 10-year, $1 billion initiative that is set to expire at the end of the next fiscal year and would continue to be managed by the Massachusetts …

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MBBP Client Selvita Establishes First U.S. Operations in Greater Boston Area

MBBP client, Selvita, recently announced an expansion into the Boston-area biotechnology and pharmaceutical market, as they open a fully-owned US subsidiary, Selvita Inc., headquartered in Cambridge, Massachusetts. Selvita is a leading global drug discovery company and the largest drug discovery company in Central and Eastern Europe. The new office, located at 485 Massachusetts Ave., will focus …

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Mass Life Sciences Center Awards Intelligent Bio-Systems with Accelerator Program Loan

Massachusetts Life Sciences Center recently announced it has awarded three companies with a combined $2.2 Million as part of the Center's Accelerator Program. The Life Sciences Accelerator Program provides loans to companies engaged in life sciences research and development, commercialization and manufacturing in Massachusetts.  MBBP client Intelligent Bio-Systems, Inc. is one of the three companies …

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Mass Life Sciences Center Accepting Applications for Accelerator Loan Program

By: David Fazzolare The Massachusetts Life Sciences Center recently announced that it would be accepting applications for its Life Sciences Accelerator Loan Program. The program is designed to stimulate economic growth and innovation in the Commonwealth by providing much needed capital to early-stage life sciences companies while they continue to develop their technology and attract …

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Valeritas Receives Tax Incentive for Job Creation

Established in 2008, the Massachusetts Life Sciences Initiative allows up to $25 million in tax incentives each year for companies doing research and development, commercialization and manufacturing in the Commonwealth. For 2011, the Mass Life Sciences Center approved $23.9 million in incentives to 30 companies to create almost 1,000 new jobs. As a result of …

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SBANE to Host Small Business Matching Grant Program Session

On January 11th, the Smaller Business Association of New England (SBANE) will host a complimentary informational session by Bradley Rosenblum on the Small Business Matching Grant Program now available Massachusetts Life Sciences Center. Mr. Rosenblum will discuss the $3 million competitive solicitation for applicants of the program, which is targeted at commercialization-ready life sciences companies that have received …

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Tips for MA Life Sciences Grant Applicants

The Massachusetts Life Sciences Center (MLSC) has provided a few helpful tips for applicants for the new Small Business Matching Grant Program, arising from the recent information session held with potential applicants. Most notably the MLSC reminds applicants that the program is targeted to small businesses with commercialization-ready life sciences technologies. Accordingly, applicants are encouraged …

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Massachusetts Life Sciences Center Announces New Small Business Matching Grant Program

The Massachusetts Life Sciences Center (MLSC) has announced the launch of its new Small Business Matching Grant (SBMG) Program. The program is designed to support early-stage life sciences companies and grow employment opportunities, promote manufacturing and commercialization, and stimulate innovation across the Commonwealth. The primary objective of the SBMG is to provide grants to commercialization-ready life …

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