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Massachusetts Life Sciences Center

The Massachusetts Life Sciences Center (MLSC) is a quasi-public agency in Massachusetts focused on fostering the growth of the life sciences sector. It provides funding and support to companies at various stages of development.

Founded
2006
Recorded stages
Pre Seed, Seed, Seed Plus, Series A, Series B, Series C, Growth Equity
Recorded regions
United States

Online destinations

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Official links

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Overview

The Massachusetts Life Sciences Center (MLSC) is a public instrumentality of the Commonwealth of Massachusetts, established to support the growth of the life sciences sector in the state. Founded in 2006, MLSC focuses on fostering innovation and economic development in the life sciences industry. It invests in various sectors, including biotechnology, pharmaceuticals, medical devices, and diagnostics, providing funding and support to companies from early-stage startups to established firms. MLSC's investment strategy aims to enhance the state's position as a leader in life sciences innovation. The organization runs several programs, such as MassNextGen, which supports early-stage companies, and Project OnRamp, which enhances workforce development in the sector. MLSC also engages with the community through various content and events.

Focus

MLSC invests in various sectors within the life sciences, including biotechnology, pharmaceuticals, medical devices, and diagnostics. The organization provides funding and support to companies at different stages of development, from early-stage startups to established firms, with the goal of enhancing Massachusetts' position as a leader in life sciences innovation.

Support

MLSC adds value to portfolio companies through funding, mentorship, and access to a network of industry partners. The organization also supports workforce development initiatives that create internships and job opportunities in the life sciences sector, fostering a skilled workforce to meet industry needs.

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