Lowell, MA – The Massachusetts Life Sciences Center announced the approval of a $10 million capital grant to support construction of UMass Lowell’s Emerging Technologies and Innovation Center.
The 84,000sf, $70 million Emerging Technologies and Innovation Center, which is scheduled to open this fall, builds on UMass Lowell’s unique expertise in plastics engineering, nanotechnology, bioprocessing, electro-optics and advanced manufacturing. The $10 million grant will fund research facilities at the new center, providing the university and companies access to clean-room capabilities that are unparalleled in this region of the Commonwealth and a state-of-the- art lab focused on developing new medical applications and other capabilities tied to nano, bio-optics and other technology.
The Massachusetts Life Sciences Center is the agency charged with implementing the state’s 10-year, $1 billion Life Sciences Initiative, proposed by Gov. Deval Patrick in 2007 and approved by the Legislature in 2008. The center’s $10 million award to UMass Lowell, combined with $35 million in previously approved state funding from other sources, will pay a substantial portion of the cost of the ETIC.
UMass Lowell is funding the rest of the project through a mix of sources, including private donations from alumni, friends of the university and industry.
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MLS Approves Funds for Innovation Ctr
Lowell, MA – The Massachusetts Life Sciences Center announced the approval of a $10 million capital grant to support construction of UMass Lowell’s Emerging Technologies and Innovation Center.
The 84,000sf, $70 million Emerging Technologies and Innovation Center, which is scheduled to open this fall, builds on UMass Lowell’s unique expertise in plastics engineering, nanotechnology, bioprocessing, electro-optics and advanced manufacturing