Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



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

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

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

Graphene Flagship start-up Bedimensional closes a second €10 million investment round February 10th, 2023

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021

180 Degree Capital Corp. Reports +6.7% Growth in Q4 2020, $9.28 Net Asset Value per Share as of December 31, 2020, and Developments from Q1 2021 Including Expected Investment in a Planned SPAC Sponsor February 22nd, 2021

Announcements

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Finding quantum order in chaos May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Alliances/Trade associations/Partnerships/Distributorships

Manchester graphene spin-out signs $1billion game-changing deal to help tackle global sustainability challenges: Landmark deal for the commercialisation of graphene April 14th, 2023

Chicago Quantum Exchange welcomes six new partners highlighting quantum technology solutions, from Chicago and beyond September 23rd, 2022

CEA & Partners Present ‘Powerful Step Towards Industrialization’ Of Linear Si Quantum Dot Arrays Using FDSOI Material at VLSI Symposium: Invited paper reports 3-step characterization chain and resulting methodologies and metrics that accelerate learning, provide data on device pe June 17th, 2022

University of Illinois Chicago joins Brookhaven Lab's Quantum Center June 10th, 2022

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




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project