Originally published in Boston Business Journal on March 15, 2022
Two biotech startups from the Bay State, two from Canada and one from California will take part in MassBio’s first installment of its accelerator program MassBioDrive, culminating in an in-person Demo Day and cash stipends for each venture.
The Massachusetts Biotechnology Council, an industry group better known as MassBio, announced on Tuesday the five startups that will start the eight-week hybrid program on March 21. Each selected company, which will be paired with three to five mentors for the program, raised less than $1 million in equity-based funding before being accepted.