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March 16, 2010

Life Sciences Center To Hold Information Session

The Massachusetts Life Sciences Center will hold an information session on Thursday at Gateway Park in Worcester to share details about the organization's accelerator loan program.

The loan program is available to companies for early-stage development that have not raised more than $5 million in equity financing. The center is expecting to have about $5.5 million in loans to provide to businesses this year.

The information session will include the Life Science Center's CFO Brad Rosenblum and will be hosted by the Massachusetts Biomedical Initiatives. It will take place at Gateway Park, 60 Prescott St., room 4101 at 8:30 a.m.

The quasi-public Life Sciences Center provides funding through grants and investments to biotech companies.

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