NEWTON — As the Greater Boston business community prepares for a post-COVID-19 environment, the Mount Ida Campus of UMass Amherst is opening co-working space for startup or small companies interested in co-locating with the state’s flagship public research university.
The Innovation and Collaboration Space on UMass Amherst’s Newton campus includes co-working office and lab space, with an additional makerspace planned in the near future.
The co-working office space features 20 individual workspaces, available for rent on a weekly or monthly basis, with access to shared conference rooms. In addition to the opportunity to network with other businesses, the co-working space, located in the Campus Center, allows for interaction with UMass Amherst faculty, staff, and students. The Massachusetts Small Business Development Center Network and CoachUp will be among the first tenants in the co-working space.
The co-working laboratory space offers 26 individual benches available for rent on a monthly basis. Companies utilizing the lab space have access to the core facilities on the university’s main campus in Amherst. It is aligned with the lab space-rental program of the UMass Amherst Institute of Applied Life Sciences (IALS). Newton-headquartered nanotechnology company Xheme Inc. will be the first tenant in the lab space.
“The co-working lab space allows companies to access core research facilities at UMass Amherst,” said Kathryn Ellis, director of the UMass Amherst Innovation Institute. “Companies that choose to co-locate with us can also build long-lasting and valuable relationships with UMass Amherst faculty and students.”
Consistent with the campus mission and strategic plan, Innovation and Collaboration Space members are expected to provide professional-development opportunities for UMass Amherst students, including informational interviews, job shadowing, and networking opportunities.
“As a center for student experiential learning and professional development, we’re building a campus environment where UMass Amherst students conducting internships or co-ops in Greater Boston also get exposure to different industries while living here,” said Mount Ida Campus Managing Director Jeff Cournoyer. “The intent is for these companies to grow and ‘graduate’ to larger spaces in the region, but while they’re here they’ll be accessible to students — and potential future employees — who want to learn about their business.”
The Mount Ida Campus of UMass Amherst is located at 100 Carlson Ave. in Newton, within the N-Squared Innovation District, five minutes from I-95 and eight miles from downtown Boston. The campus offers Innovation and Collaboration Space tenants free parking, award-winning UMass Dining, outdoor recreational facilities, and on-site conference and event space.
A 6,000-square-foot collaborative maker space is also in development on the Mount Ida Campus.