wbjournal.com | April 15, 2024 | Worcester Business Journal 17
H E A L T H C A R E & L I F E S C I E N C E S F O C U S
Commonwealth and the excitement that
they have around the work we've been
doing here in Central Mass."
Lina González, founder and CEO of
MBI-incubated company SpadXTech,
hopes the Leads Act funding will help
advance biomanufacturing tools, name-
ly bioreactors. González wants to see
bioreactors, fermentation devices used
to culture cells, made to be both more
efficient and lower-cost for researchers.
She hopes the funds will make found-
ing a business in fields like biomanufac-
turing and the life sciences, where a lot of
the barrier to entry rests on capital, more
accessible for entrepreneurs. Reflect-
ing on her early days with SpadXTech,
González recounted just how difficult it
is for entrepreneurs to raise the money
needed to launch their businesses.
"Starting off, nobody wants to give you
money," said González. "e minute some-
body gives you money, everybody wants to
give you money. But when you first start,
you haven't validated yourself yet."
Construction Managers & General Contractors consigli.com Consigli Construction Co., Inc.
Powerful Partners
Building for the Future
Gov. Maura Healey visited Worcester incubabor Massachusetts Biomedical Initiatives to
promote her Mass Leads Act economic development proposal.
Continued on next page
PHOTO | COURTESY OF MASSACHUSETTS BIOMEDICAL INITIATIVES
