UMass Lowell opens business incubator
The UMass Lowell Innovation Hub and the Massachusetts Medical Device Development Center (M2D2) business incubators opened for business on June 1.
The incubators will focus on growing medical device and technology startups. The 22,000 square feet in Lowell join the existing medical device incubator at the Wannalancit Business Center, also in Lowell, which houses 15 medical device startups."Most researchers don't need lab space for 52 weeks," said Steven Tello, the university's associate vice chancellor of entrepreneurship and economic development, in an article in the Lowell Sun. Those companies can lease work and research space dedicated just to them, while sharing lab space and equipment, such as autoclaves, centrifuges, biotech safety rooms, 3D printers and more.
Beth Walsh,
Editor
Editor Beth earned a bachelor’s degree in journalism and master’s in health communication. She has worked in hospital, academic and publishing settings over the past 20 years. Beth joined TriMed in 2005, as editor of CMIO and Clinical Innovation + Technology. When not covering all things related to health IT, she spends time with her husband and three children.