This year brings exciting developments as three ACTION members expand their operations!
North Shore InnoVentures (NSIV) -In partnership with Endicott College, NSIV was awarded $1.4M in funding from the EDA in late fall 2016 to expand the life sciences industry in Beverly, MA. The funds will be used to construct a life science and business incubator space as an expansion of Endicott College's Ginger Judge Science Center. Working with Endicott College to expand the NSIV incubation program at the new facilities provides an exciting opportunity to expand programs in the life sciences for startups, and the Endicott College community, leading to job creation and private investment in the life-sciences.
UMass Lowell and Innovation Hub (iHub) - Modeled after iHub, UMass Lowell has announced plans for a satellite campus at Harbor Place in downtown Haverhill, MA. The site will house expanded academic programs and the new business incubator, providing technology startups with services such as co-working and private office space and a prototype makerspace for new product development, as well as access to UMass Lowell's faculty and state-of-the-art research facilities. In addition, an MBA option will be explored which would provide students with real-life opportunities to work with Innovation Hub startups.
Greentown Labs - Aside from the expansion plans that will double its space for entrepreneurs in Somerville, MA, Greentown Labs has recently announced that their Manufacturing Initiative has opened an office in Springfield, MA to connect startups and manufacturers across Massachusetts. The Springfield location positions the expanded Manufacturing Initiative solidly in the Pioneer Valley, which has a long tradition of advanced manufacturing in the state. The expansion is made possible through funding from the Davis Foundation, Massachusetts Clean Energy Center and MassDevelopment. The office will be located at the former business incubator and ACTION member, Scibelli Enterprise Center at Springfield Technology Park.