MEET THE SENATOR PRIORITIES HOT ON THE HILL CONTACT HOME

View District
Read news
Read legislation
View slide show
Click here to signup
  
Cast your vote now...

Press Releases
Small Business Funding Opportunity Available
February 03, 2010

Massachusetts Life Sciences Center Launches Matching Grant Program
 
BOSTON – State Senator Benjamin B. Downing (D- Pittsfield) highlights today the launch of a new Small Business Matching Grant (SBMG) Program by the Massachusetts Life Sciences Center (the Center). This program, authorized by the Life Sciences Act of 2008, reflects the Center’s ongoing commitment to supporting early-stage life sciences companies that will grow jobs, promote manufacturing and product commercialization in Massachusetts and stimulate innovation across the Commonwealth.
 
“The Center is committed to identifying prospective applicants from all regions of the Commonwealth,” said Downing. “I encourage small businesses in Berkshire, Hampshire and Franklin Counties to consider this opportunity and determine if they are eligible to participate.” 
 
The primary objective of the SBMG is to provide support to companies that have developed new commercialization-ready technologies so that they may reach production and create jobs in the Commonwealth. Target applicants are emerging life sciences companies whose products are production-ready and have high market potential, but are in need of some small level of financial support to enable that commercialization. These companies are poised for rapid growth that will create jobs in the Commonwealth and are positioned to draw additional (non-state) financing.
 
The Massachusetts Life Sciences Center is a quasi-public agency of the Commonwealth of Massachusetts, created by the Economic Stimulus Bill of 2006.  The Center is tasked with implementing the Massachusetts Life Sciences Act, a ten-year, $1 billion initiative that was signed into law in June of 2008. The Center’s mission is to create jobs in the life sciences and support vital scientific research that will improve the human condition. This work includes making financial investments in public and private institutions that are advancing life sciences research, development and commercialization as well as building ties between sectors of the Massachusetts life sciences community. For more information, visit www.masslifesciences.com
 
###


Back

Meet Senator Downing | Priorities | Legislation
Contact | Email Updates | Slide Shows | In the News
 
This website is the official policy and constituent service website of Massachusetts State Senator Benjamin B. Downing.
It is maintained by the Office of Senator Downing. Web hosting has not been paid for at taxpayer expense.
Copyright 2006. All rights reserved.

Designed by Agency BCM