MLSC 2012 Capital Program Announcement

July 13, 2012

The Massachusetts Life Sciences Center is pleased to announce the launch of the second round of an open solicitation for capital dollars to support: (1) equipment and supplies for high schools in Gateway Cities and vocational/technical high schools; and (2) life-sciences related capital projects for academic/research institutions (including community colleges), business incubators, and other not-for-profit organizations in the Commonwealth. The Center is interested in investing in STEM education in select high schools and in high potential economic development projects that promise to make a significant contribution to the state's life sciences ecosystem. The Center has allocated up to $40 million in capital dollars for this open solicitation.

The Equipment and Supplies for High Schools program will enable the purchase of equipment and supplies to train high school students in life sciences technology and research. The program will address a funding gap in capital dollars for public and not-for-profit workforce training and educational institutions. Eligible high schools, as well as community-based organizations that serve such high schools, are invited to apply for this grant funding by completing a brief online application via the Center's website (www.masslifesciences.com). Applicants seeking funding of greater than $100,000 (but no more than $250,000) are required to secure matching funds, in cash or as a donation, for any amount over $100,000 from an industry partner. The deadline for this application will be October 12, 2012 at noon. Please visit the Center's website for further information and to apply.

The Center intends to manage the awarding of capital dollars for academic/research institutions, business incubators, and other not-for-profit organizations through a two-phased approach:

Phase I:  Submission of a short online application which will include a 1-page summary of the proposed project. Applicants will have until 3:00 pm on September 21, 2012 to submit their completed application via the Center's website (www.masslifesciences.com). Applications will be vetted by the Center's staff for completeness and reviewed by the Center's Board of Directors, who will select a short list of projects for further consideration. 

Phase II:  If selected, applicants will be asked to submit a full proposal for evaluation.  

An eligible applicant/project must meet the following criteria:

  • Applicants must be not-for-profit entities.  For profit organizations are generally not eligible for capital funding and municipalities and other governmental entities are not eligible for capital funding through this solicitation.
  • Entities that have already been designated within the Center's authorizing statute for capital funding, regardless of whether they have already received their funding or not, will not be eligible. A University, for example, that has already received capital funding from the Center for a particular campus or school will not be eligible to apply on behalf of a different campus or school within that University system.
  • Entities that have not been designated for capital funding within the Center's authorizing statute, but have previously received $5 million or more in capital funding from the Center will not be eligible.
  • Funding requested from the Center must not exceed $5 million.
  • Projects must be ready for funding beginning in FY14 (July 1, 2013) and completion of the project must not extend beyond FY16 (June 30, 2016).  Applicants may request single or multi-year funding.
  • Applicants will need to identify and raise additional funds that will leverage any awards made by the Center. The Center acknowledges that the sources and amounts of additional funding will vary depending on the Applicant, the proposed project, and the availability of such funding to the Applicant. Nonetheless, applicants that have succeeded in attracting significant additional funds will benefit during the review process.

The Center will be evaluating proposals according to the criteria specified in the program solicitation posted on the Center's website.

 For more information, and to apply, please visit www.masslifesciences.com.   If you have questions about the program after you have reviewed the materials on our website, please send us an e-mail at:  capital@masslifesciences.com or feel free to reach out to Beth Nicklas at 781-373-7715. 

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