About Us

Commercialization of Science:
Helping to Create Life Science Companies and Jobs

Massachusetts Biomedical Initiatives (MBI) is an independent, tax-exempt corporation created to support the growth and expansion of biotechnology and medical device companies throughout the region, enhancing the status of Massachusetts as a world leader in the medical industry.

MBI is made up of two important initiatives:

• MBI Incubator Centers, state-of-the-art incubator facilities designed to nurture start-up biomedical companies.
  
  
• The Central Massachusetts Biomedical Initiatives (CMBI), which promotes the biomedical industry throughout the City of Worcester and Central Massachusetts.
  
  

By creating the right environment for the biomedical industry to expand and grow, MBI has become a national model for leveraging public sector funds with private sector investments to fuel economic development.