The Mass. Life Sciences Center, a quasi-public agency that oversees state dollars allocated toward increasing the life sciences industry’s footprint in the Bay State, announced the second year of its small business matching grants program.
The quasi-public agency plans to dole out up to $3 million in grants of up to $500,000 each that match Phase II or post-Phase II small business innovation research or small business technology transfer grants from federal agencies.
The application process is open to life science companies with commercialization-ready technologies. The agency intends to begin accepting applications tomorrow; companies can apply for the grants online until 1:00 p.m. Feb. 14.
The center doled out $24 million worth of tax incentives Dec. 23 to 30 life science companies in the Bay State, aimed at fostering the creation of nearly 1,000 new jobs here.
The program is part of the Commonwealth’s 10-year life sciences initiative.