Worcester Business Journal

Fact Book-November 19, 2018

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wbjournal.com | Fact Book 2018 | Worcester Business Journal 37 A S S E T S I n c u b a t o r s Move Your Business Forward in the New Year with the most competitive rates, lending options and cutting edge services. To learn more about our Business Banking services call us at 800.649.3036 and ask for a Business Banking Specialist or email us at bes@saversbank.com. Simply Beter. saversbank.com • 800.649.3036 Member FDIC Member SIF Equal Housing Lender • Business Deposit Accounts • Business Online with Mobiliti • Commercial Loans • Cash Management • Business Debit Card w/ uChoose Rewards® makerspaces Ranked by no. of incubating companies Name No. of incubating companies Equipment/ services Graduates Head of incubator Year founded 1 Massachusetts Biomedical Initiatives (MBI) 60 Prescott St., Worcester 01605 508-797-4200 • massbiomed.org 27 Lab space with biosafety cabinets and chemistry fume hoods, autoclaves, centrifuges, DI water, glasswashers, ice machines, fridges, freezers and CO2 incubators/ Health and safety, business support, mentoring and referral services JuvoBio Pharmaceuticals, Microbac Laboratories, Macrogen USA, Yurogen Biosystems LLC, Indigo AG, Histologistics, Innolign Biomedical 1 Kevin O'Sullivan president & CEO 1985 2 ABI Lab 27 Strathmore Road, Natick 01760 508-650-6218 ext. 214 • www.abi-lab.com 12 Diagnostics lab, cell culture, microbial fermentation, refrigeration room, protein purification and analysis/ Private and shared lab space, contact lab service mentoring First class yet to graduate Raphael Nir Gary Kaufman managing partners 2016 3 Worcester CleanTech Incubator (WCTI) 2 44 Portland St., Worcester 01608 508-344-1608 • wcti.org 10 Provided through partnerships with Technocopia makerspace - Electronics lab, 3D printers, laser cutter, CNC router, wood shop, metal shop, glass shop, vinyl cutter/ Mentorship, business plan development, hosted seminars and events, network connections with channel partners and capital investors No set graduation policy Joseph Bush executive director 2016 4 Tufts Biotechnology Transfer Center (TBTC) 3 200 Westboro Road (Route 30), North Grafton 01536 508-887-4734 • http://vet.tufts.edu/research 6 Lab and office space for early and pre-clinical stage life science companies; autoclave, conference room, university library, Tufts' faculty expertise/ Accredited pre-clinical services, BSL-3 capability, diagnostic imaging and pathology services Idexx Veterinary Services, GTC Biotherapeutics, Securos, Stryker Biotech, Aeris Therapeutics, BioBoston Contract Laboratories, Boston Biokeys 4 Joseph McManus associate dean 1997 5 Clearly Coworking 474 Grove St., Worcester 01605 508-556-0031 • www.clearlycoworking.com 171 members Free parking, WiFi, coffee and tea, copy, scan, fax, mail services, IT tech support, laundry service/ 6,000 square feet of open seating, conference and training rooms, private offices; training sessions, seminars and chamber events open to the public N/A: co-working place Robert DelMastro CEO & founder 2013 6 Running Start Coworking 5 95 Prescott St., Worcester 01605 774-312-7569 • runstartwork.com 100 members Membership-based workspace for freelancers, entrepreneurs, remote workers and ventures of all types; locations in Worcester and Oxford/ A variety of membership plans, multiple partner locations, unique events and a diverse community of members N/A: co-working place Ryan Leary co-founder 2012 7 Technocopia 44 Portland St., 6th Floor, Worcester 01608 774-420-2244 • technocopia.org 90 members Multipurpose classroom and office space, wood shop, metal and digital fabrication, art design studio, electronics assembly, glass and flamework, sewing and textiles/ Prototyping, networking, youth STEM education and entrepreneurship mentoring for adults and youth N/A: makerspace Nick Bold executive director 2013 8 Entrepreneur Innovation Center 6 80 Worcester Road, Framingham 01701 508-215-5921 • framingham.edu/innovation- center.html 30 members Free parking and cafe included in membership/ Student interns and university professors available to help with projects N/A: co-working place Mark Hardie director 2014 9 WorkTable 325 Donald Lynch Blvd., Suite 201, Marlborough 01752 508-422-7787 • www.coworktable.com 30 7 members WiFi, conference and meeting rooms, training and phone rooms, community kitchen, open workspaces, whiteboards, printer, copier, scanner and fax/ Consultations with marketing, HR and financial experts, free coffee, dry cleaning N/A: co-working place Brendon Davis president 2016 10 The WorcShop 11 Schussler Road, Worcester 01609 774-545-0720 • theworcshop.com 13 members Blacksmith shop with three propane forges, dual pot coal forge, power hammer and hydraulic forging press; metal shop with MIG, TIG welding, manual and CNC plasma cutters, oxy-acetylene torches, 56-ton ironworker, long-stock processing and finishing stations; machine shop with Fadal 3 axis CNC milling machine, manual mills, lathes, industrial spray booth, Markforged markII 3D printer, two delta style 3D printers; textile studio with heaving duty sewing and coverstich machines as well as a baby overlook serger/ Private studios, classroom and conference space, kitchenette and a variety of classes including figure-drawing, blacksmithing, welding, photography, sound recording, massage therapy and apothecary N/A: makerspace Angela Pasceri executive director 2016 11 Worcester Idea Lab 20 Franklin St., Worcester 01608 774-402-0339 • worcesteridealab.com 7 members WiFi, printing, creative closet, shared kitchen, conference room and private call rooms/ Exclusive member events and event discounts, rental discounts and access to mentorship-advisory network N/A: co-working place Joshua Croke Kyla Pacheco founders 2016 12 Framingham Makerspace Saxonville Mills 2 Center St., Buildling 3, Framingham 01701 508-834-7855 • framinghammakerspace.org 2 members 2,400 square feet with wood, metal and welding shops, multipurpose room with electronics bench, crafts area and lounge area/ Classes on various topics N/A: makerspace David Kent president 2014 Source: Each facility via survey Note: Incubators may include co-working facilities and makerspaces as part of their offerings, and companies are intended to graduate from an incubation period. Co-working places and makerspaces might require membership dues or fees, and a person or company may use the space indefinitely. Hopkinton's TechSandBox Inc. closed in July 2017. Massachusetts Medical Device Development Center (M2D2), on the UMass Medical School campus, did not respond to the survey. WPI's Foisie Innovation Studio is expected to open in 2018. N/A = not applicable 1 More than 60 graduates since 2001 Source: Each facility via survey Note: Incubators may include co-working facilities and makerspaces as part of their offerings, and companies are intended to graduate from an incubation period. Co-working places and makerspaces might require membership dues or fees, and a person or company may use the space indefinitely. Hopkinton's TechSandBox Inc. closed in July 2017. Check with the Worcester Business Development Corp. for the status of the space at at 20 Franklin St., which formerly hosted the Worcester Idea Lab. Maynard's Revolution Factory did not respond to multiple requests for data. WPI's Foisie Innovation Studio is expected to open in fall 2018. N/A = not applicable (a) More than 60 graduates since 2001 (b) Jon Weaver slated to succeed O'Sullivan upon his retirement, effective Dec. 31, 2018. (c) Owned and operated by the Institute for Energy and Sustainability (d) Located in the research quad of Cummings School of Veterinary Medicine (e) 24 graduates since 1997 (f) Opening fall 2018 (g) On the Framingham State University campus (i) Former site of the defunct Running Start Coworking - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com 10 The WorcShop 233 Stafford St., Worcester 01603 413-272-9550 • theworcshop.com 15 members hammer and hydraulic forging press; metal shop with metal inert gas and tungsten inert gas welding, manual and CNC plasma cutters, oxy-acetylene torches, 56-ton ironworker, long-stock processing and finishing stations; machine shop with Fadal 3 axis CNC milling machine, manual mills, lathes, industrial spray booth, Markforged markII 3D printer, 2 delta-style 3D printers; textile studio with heavy duty sewing and coverstich machines and baby overlook serger/ Private studios, classroom and conference space, kitchenette and a variety of classes including figure-drawing, blacksmithing, welding, photography, massage therapy and apothecary N/A: makerspace Angela Meraki executive director 2016 11 Gateway Co-Work Center (i) 95 Prescott St., Worcester 01605 508-799-2527 • GatewayCoWork.com 12 members 5,000 square feet, break area, access to web, print, fax and copy services/ Membership-based work and meeting space for freelancers, start- ups, entrepreneurs and remote workers; private offices or open seating with conference and meeting options; free parking, fully furnished with full-time, open access N/A: co-working place Steven Daly director 2017 12 WorkTable 325 Donald Lynch Blvd., Suite 201, Marlborough 01752 508-422-7787 • www.coworktable.com 12 members WiFi, conference and meeting rooms, training and phone rooms, community kitchen, open workspaces, whiteboards, printer, copier, scanner and fax/ Consultations with marketing, HR and financial experts, free coffee, dry cleaning N/A: co-working place Brendon Davis president 2016 13 Framingham Makerspace Saxonville Mills, 2 Watson Place, Buildling 3, Framingham 01701 508-834-7855 • framinghammakerspace.org 4 members 5,400 square feet with wood, metal and welding shops, artist studios, multipurpose room with electronics bench, crafts and sewing area, lounge area with kitchen/ Classes on various topics, family programs N/A: makerspace Saxonville Precision Works David Kent president 2014 Source: Each facility via survey Note: Incubators may include co-working facilities and makerspaces as part of their offerings, and companies are intended to graduate from an incubation period. Co-working places and makerspaces might require membership dues or fees, and a person or company may use the space indefinitely. Hopkinton's TechSandBox Inc. closed in July 2017. Check with the Worcester Business Development Corp. for the status of the space at at 20 Franklin St., which formerly hosted the Worcester Idea Lab. Maynard's Revolution Factory did not respond to multiple requests for data. WPI's Foisie Innovation Studio is expected to open in fall 2018. N/A = not applicable (a) More than 60 graduates since 2001 (b) Jon Weaver slated to succeed O'Sullivan upon his retirement, effective Dec. 31, 2018. (c) Owned and operated by the Institute for Energy and Sustainability (d) Located in the research quad of Cummings School of Veterinary Medicine (e) 24 graduates since 1997 (f) Opening fall 2018 (g) On the Framingham State University campus (i) Former site of the defunct Running Start Coworking - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com

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