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MBI Biotech Inbubator Services

MBI’s Proven Model of Business Support Services & Success

Shared Services Infographic

 

All-Inclusive Rent – What’s Included:

  • 24/7 Individual, Private, Secured Laboratories
  • Utilities (Heating, Cooling, Electric, Gas, Water, Sewer, Real Estate Taxes)
  • Professional Cleaning Services
  • Parking in Adjacent Lots
  • 24/7 Facilities Management and Emergency Response
  • Shared Equipment Access
  • Access to partner CORE Equipment
  • Environmental Health & Safety Compliance& Training Program
  • MassBIO Incubator Membership
  • Access to Conference Rooms and Board Rooms
  • Access to fellow incubator companies and academic collaborations
  • Access to Informatics Center and Computing Resources.
  • Personalized service and dedicated staff to help you solve problems and connect you to resources.

At MBI there are no shared facility fees, maintenance fees, etc…  The rent is the rent.

What’s Not Included:

  • Individual Phone & Internet
  • Hazardous Waste Removal
  • Facility / Equipment Modifications
  • Annual Hood & Biosafety Cabinet Certifications

 

Due to specific needs of companies, we’ve found it more cost effective for companies to order exactly what they need and nothing more. We focus on real estate, so you can focus on SCIENCE.

What else do I need to know?

  Lease Term

MBI requests a one year lease from all of its incubator tenants to prevent continuous lab turnover.  Shorter term leases are evaluated on an individual basis.  If at any time, the tenant outgrows their space and needs additional space, MBI will accommodate them with additional space as available.  Following the year term, MBI works with companies to provide flexible terms to assist their continued growth.

 Special Causes of Loss Insurance

We also require that tenants add “Special Cause of Loss” insurance to their existing policies.  This policy protects your equipment and science in similar fashion to a renter’s policy for an apartment building.  A sample of MBI’s inexpensive insurance requirements can be found here.

MBI Endowment Fund

An endowment fund has been created through contributions from graduate tenant companies to subsidize the rents of our current tenants.  MBI seeks a voluntary 1% equity agreement from each “seed” tenant company only if the company goes public or is sold.  This endowment fund allows us to keep rents low for future tenants.  The fund is used solely for the future development of expanded laboratory space, shared equipment, and the continued growth and success of future life science start-ups within our incubator facility.

Interested in a proven model for commercializing your science?