Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > North Shore Technology Council Launches North Shore Life Sciences Accelerator

Abstract:
Council Establishes New Non-Profit Corporation

North Shore Technology Council Launches North Shore Life Sciences Accelerator

Beverly, MA | Posted on July 14th, 2008

The North Shore Technology Council (NSTC) announces the founding and incorporation of the North Shore Life Sciences Accelerator Inc., a new non-profit corporation resulting from the NSTC's mission to foster the region's technology clusters that are key to its economic vitality.

The North Shore Life Sciences Accelerator, to be based at Beverly's Cummings Center, will nurture select early-stage biotech or medical device firms with strong technologies and business plans, graduating companies with promising technologies. The concept of a life sciences incubator on the North Shore spawned from the active NSTC Biomedical Section.

"Expansion of the life sciences cluster on the North Shore would be an economic boon," explained NSTC president Tom Cheatham. "The accelerator will help fill a well-documented funding gap for early-stage life sciences companies, graduating freestanding companies that would call the North Shore home and help stimulate the area economy."

The North Shore Life Sciences Accelerator is led by a group of life sciences veterans, investors, and academics, many of whom sit on the NSTC board of directors or are active in the council. Harry McCoy, NSTC board member and CEO of Thorne Diagnostics Inc., in Beverly, is chairman of the accelerator. Martha Farmer, a biomedical ethics fellow at Harvard Medical School and an NSTC board member, will guide the day-to-day operations of the accelerator as its president.

"Research by the Massachusetts Technology Collaborative shows that employment in life sciences yields a strong multiplier effect on overall employment," continued North Shore Life Sciences Accelerator president Martha Farmer. "For every life sciences job created in Massachusetts, five indirect jobs are created. That research points to the importance of this economic development effort undertaken by the NSTC and the North Shore Life Sciences Accelerator."

####

About North Shore Technology Council (NSTC)
The North Shore Technology Council (NSTC) is a volunteer-led, non-profit technology trade association with a mission to build a community for interaction, collaboration, and advancement of technology industries in northeastern Massachusetts. These technology industries include information technology, medical devices, lab equipment, chip manufacturing, biotechnology, nanotechnology, homeland security, sustainability, and defense technology. The NSTC is committed to advancing the growth of these critical industries for the economic health and vibrancy of the region. The council is on the web at www.nstc.org. Its office is at the Cummings Center, in Beverly, Massachusetts.

For more information, please click here

Contacts:
For The North Shore Technology Council
Leslie Scott-Lysan
NSTC Communications Director
Principal, Montrose Communications

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Quantum optics allows us to abandon expensive lasers in spectroscopy: Lomonosov Moscow State University scientists have invented a new method of spectroscopy November 21st, 2017

Nano-watch has steady hands November 21st, 2017

Nano Global, Arm Collaborate on Artificial Intelligence Chip to Drive Health Revolution by Capturing and Analyzing Molecular Data in Real Time November 21st, 2017

Nanoparticles could allow for faster, better medicine: Exposure of nanoparticles in the body allows for more effective delivery November 20th, 2017

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

180 Degree Capital Corp. Leads Investment in TheStreet, Inc.; Investment Enables Removal of Capital Structure Overhang November 14th, 2017

180 Degree Capital Corp. Appoints Investment Banking Veteran Parker Weil to Its Board of Directors August 2nd, 2017

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Announcements

Quantum optics allows us to abandon expensive lasers in spectroscopy: Lomonosov Moscow State University scientists have invented a new method of spectroscopy November 21st, 2017

Nano-watch has steady hands November 21st, 2017

Nano Global, Arm Collaborate on Artificial Intelligence Chip to Drive Health Revolution by Capturing and Analyzing Molecular Data in Real Time November 21st, 2017

Nanoparticles could allow for faster, better medicine: Exposure of nanoparticles in the body allows for more effective delivery November 20th, 2017

Alliances/Trade associations/Partnerships/Distributorships

Nano Global, Arm Collaborate on Artificial Intelligence Chip to Drive Health Revolution by Capturing and Analyzing Molecular Data in Real Time November 21st, 2017

EC Project Aims at Creating and Commercializing Cyber-Physical-System Solutions November 14th, 2017

GLOBALFOUNDRIES, Fudan Team to Deliver Next Generation Dual Interface Smart Card November 14th, 2017

Leti Coordinating Project to Develop Innovative Drivetrains for 3rd-generation Electric Vehicles: CEA Techís Contribution Includes Litenís Knowhow in Magnetic Materials and Simulation And Letiís Expertise in Wide-bandgap Semiconductors October 20th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project