Massachusetts Biomedical Initiatives

Massachusetts Biomedical Initiatives in Worcester will receive a $50,000 grant from the U.S. Small Business Administration as a result of an accelerator fund competition.

Worcester Polytechnic Institute has named Yael Schwartz, entrepreneur and life science executive, as the university's Coleman Entrepreneur-in-Residence, a position where she will guide early-stage startups coming out of the school.

Many of the top 100 employers in Central Massachusetts are from the state's biotech industry.

Central Massachusetts' rapidly growing startup and craftsman culture has created a need for more collaborative spaces, like incubators, accelerators and coworking spaces.

Inside Route 128, incubators for early-stage companies are numerous, but in MetroWest and Greater Worcester, the options are far more limited. But two local nonprofit leaders, Kevin O'Sullivan, president and CEO of Massachusetts Biomedical Initiatives in Worcester, and Barbara Finer, CEO of TechSandBox in Hopkinton, have been pioneers on the incubation frontier and are leading ongoing efforts to increase resources to help local startups thrive.

If you are looking for the true economic and political power in Central Massachusetts, you should start by walking into the Worcester city manager's office at 8:30 a.m. every Friday.

Launched in 2008 with much fanfare by the Patrick Administration, the Massachusetts Life Science Center -- a 10-year, $1-billion investment in catalyzing growth in the life science industry in the state -- has achieved some measurable success.

The muscle health-focused company MyoSyntax is the 100th start-up to be housed in the Massachusetts Biomedical Initiatives business incubator in Worcester, MBI announced Wednesday.