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www.wbjournal.com Book Of Lists 2016 • Worcester Business Journal 113 Incubators, co-working places & 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 • www.massbiomed.org 25 Incubating companies 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 Bio-Pact (ECI Virtual), Cell Technologies, CellMosaic Inc., Innolign Biomedical, Nirogyone Therapuetics, T2 Biosystems 1 Kevin O'Sullivan president & CEO 1985 2 TechSandBox 105B South St., Hopkinton 01748 508-485-7263 • techsandbox.org 14 Incubating companies 8700 square feet, makerspace includes hardware and software such as oscilloscopes, power supplies, multimeters, Microsoft tools, MathWorks & Solidworks Co-working place, wi-fi, meeting rooms, A/V and kitchen for tech startups; mentor-matching for residents; advising on intellectual property, funding and more; events and seminars; open to the public Content Raven 2 Barbara Finer CEO 2012 3 3 ABI Lab 27 Strathmore Road, Natick 01760 508-650-6218 ext. 214 • www.abi- lab.com 7 Incubating companies Diagnostics lab, cell culture, refrigeration room, protein purification and analysis Private and shared lab space, contact lab service mentoring First class yet to graduate Gary Kaufman Raphael Nir managing partners 2016 4 Worcester CleanTech Incubator (WCTI) 4 44 Portland St., Worcester 01608 508-344-1608 • wcti.org 6 Incubating companies Provided through partnerships with a variety of makerspaces and others Mentorship, business plan development, hosted seminars and events, network connections with channel partners and capital investors First class yet to graduate Joseph Bush executive director 2016 5 5 Tufts Biotechnology Transfer Center (TBTC) 6 200 Westboro Road (Route 30), North Grafton 01536 508-887-4734 • http://vet.tufts.edu/ research/research-environment/ facilities/tufts-biotechnology- transfer-center 5 Incubating companies 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 7 Joseph McManus associate dean 1997 6 Running Start Inc. 95 Prescott St., Worcester 8 01605 774-312-7569 • runstartwork.com 100 Members Private offices, conference space, phone, fax and printing, fitness desks and network of partner locations Discounts with HR solutions and other business service providers, platform for billing and reservations, hosting of meetings and events and meetup groups N/A: co-working place Ryan Leary co-founder 2012 7 The WorcShop 243 Stafford St., Worcester 01603 413-272-9550 • theworcshop.com 25 Members Welding, long-stock processing and finishing stations, metrology lab, black-smith shop and machine shop with Fadal 3 axis CNC milling machine Private studios, classroom and conference space, kitchenette and a variety of classes including figure- drawing 9 N/A: makerspace Randal Gardner CEO 2016 8 Entrepreneur Innovation Center 10 14 Vernon St., Framingham 01701 508-215-5921 • framingham.edu/ innovation-center.html 14 Members Free parking and cafe included in membership Student interns and university professors available to help with projects N/A: co-working place Robert Krim founder 11 2014 9 Technocopia 44 Portland St., 6th Floor, Worcester 01608 774-420-2244 • technocopia.org 6 Members Multipurpose classroom and office space, wood shop, metal and digital fabrication, electronics assembly, glass and flamework Prototyping, networking, youth STEM education and entrepreneurship mentoring for adults and youth N/A: makerspace Nick Bold executive director 2013 10 Framingham Makerspace Saxonville Mills 2 Watson Place, #5C, Framingham 01701 508-834-7855 • framinghammakerspace.org 1 Member 2400 square feet with wood, metal and welding shops, multipurpose room (electronics bench, crafts area and more) 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. Massachusetts Medical Device Development Center's Worcester facility did not respond to the survey. N/A = not applicable 1 More than 52 graduates since 2001 2 Incubated over 51 people in 35 companies with several graduating (fledging) and other current residents being funded 3 Opened 2013 4 Owned and operated by the Institute for Energy and Sustainability 5 Incubator is brand new, although the organization was founded in 2009. 6 Located in the research quad of Cummings School of Veterinary Medicine 7 19 graduates since 1997 8 A location at 351 Main St. in Oxford opened in June 2016. 9 Gallery, reception area and outdoor garden and farming area coming soon Central Massachusetts' rapidly growing startup and craftsman culture has created a need for more collaborative spaces, like incubators, accelerators and coworking spaces. When it comes to developing one of these spaces, culture is key, said Katie Stebbins, assistant secretary for technology, innovation and entrepreneurship in the Massachusetts Executive Office of Housing and Economic Development. In fact, most incubators happen organically out of a need for shared resources, expertise and connections among entrepreneurs and craftspeople, she said. Kevin O'Sullivan runs Massachusetts Biomedical Initiatives (MBI), a biotechnology and medical device incubator in Worcester. MBI was founded in 1985, years before "startup" and "biotech" were buzzwords resonating deeply from Springfield to Kendall Square. At the time, the regional economy was teetering and jobs in manufacturing were going overseas. The Worcester Business Development Corp. and the Worcester Regional Chamber of Commerce saw biotech as the area's saving grace and created MBI as a private/public partnership to accelerate the industry's growth. "It was the beginning of biotech here in Worcester," O'Sullivan said. MBI was originally founded as a biotechnology incubator but has since expanded into medical devices, informatics and biomanufacturing. It has four locations across the city and a cumulative 30,000 square feet of space. Since 2000, it has created 476 jobs and contributed about $582 million to the local economy, according to MBI. O'Sullivan said Worcester is an attractive location for startups because rent is cheap, there's a ton of local talent and entrepreneurs can avoid Boston traffic. - Laura Finaldi Incubators are driven by startup culture Worcester CleanTech Incubator 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. Massachusetts Medical Device Development Center's Worcester facility did not respond to the survey. N/A = not applicable 1 More than 52 graduates since 2001. 2 Incubated over 51 people in 35 companies with several graduating (fledging) and other current residents being funded. 3 Opened 2013. 4 Owned and operated by the Institute for Energy and Sustainability. 5 Incubator is brand new, although the organization was founded in 2009. 6 Located in the research quad of Cummings School of Veterinary Medicine. 7 19 graduates since 1997. 8 A location at 351 Main St. in Oxford opened in June 2016. 9 Gallery, reception area and outdoor garden and farming area coming soon 10 On the Framingham State University campus 11 Expects to fill director position by fall 2016 - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com