More Funding Available for Life Science Startups

MASS-Life-sciences-center Applications are currently being accepted at MLSC’s website  with a deadline of 12:00 p.m. EDT February 5, 2016.

Massachusetts is investing $1 billion to expand the life sciences ecosystem in the state under the Massachusetts Life Science Initiative. In this round, companies at a critical stage in their development cycle can earn loan up to $750,000. Of the 31 companies already awarded loans through the initiative, eight repaid loans early with interest.

Last summer, Zintro spoke with experts when MLSC awarded $2.2 million in grants to biotech startups that reached early-stage milestones. The Center awarded 12 state-sponsored grants of $50,000-$200,000 to address the identified gap in the state’s booming biotech market. MLSC is an investment agency that supports life sciences innovation, research, development, and commercialization.

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