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

Forces of nature: Interview with microscopy innovators Gerd Binnig and Christoph Gerber August 26th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

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

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Announcements

Forces of nature: Interview with microscopy innovators Gerd Binnig and Christoph Gerber August 26th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

Nanofiber scaffolds demonstrate new features in the behavior of stem and cancer cells August 25th, 2016

Alliances/Trade associations/Partnerships/Distributorships

Thomas Swan and NGI announce unique partnership July 28th, 2016

Starpharma initiates new DEPô drug delivery program with AstraZeneca July 27th, 2016

XEI Scientific Partners with Electron Microscopy Sciences to Promote and Sell its Products in North and South America July 25th, 2016

Leti and Korea Institute of Science and Technology to Explore Collaboration on Advanced Technologies for Digital Era July 14th, 2016

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







Car Brands
Buy website traffic