Massachusetts Life Sciences Center Seeks to Fund Projects
WALTHAM — The Massachusetts Life Sciences Center announced the launch of the fourth round of an open solicitation for life-sciences-related capital projects. The solicitation covers capital projects for academic/research institutions (including two- and four-year colleges), business incubators, and other not-for-profit organizations in the Commonwealth.
The Massachusetts Life Sciences Center will invest in high-potential economic-development projects across the state that promise to create jobs and make a significant contribution to the state’s life-sciences ecosystem. The MLSC has allocated up to $35 million in capital dollars for this solicitation.
The Massachusetts Life Sciences Center will manage the capital program solicitation through a two-phased approach. In phase one, applicants will submit a short, online application and one-page summary of the proposed project. Applicants selected for phase two will be asked to submit a full proposal for evaluation. For-profit organizations, municipalities, and other governmental entities are not eligible for capital funding through this solicitation. Applications must be submitted online, and more information about the program may be accessed via the MLSC’s website.
“The Life Sciences Center has invested or committed over $370 million, literally from Cape Cod to the Berkshires, in support of life-sciences capital projects,” said Susan Windham-Bannister, president and CEO of the MLSC. “Through these investments, we are creating unique resources to strengthen our life-sciences ecosystem, expand our workforce, create new jobs, and cement Massachusetts’ position as the global leader in life sciences. We look forward to receiving additional innovative proposals through this year’s solicitation.”