We Power Entrepreneurs Like Armon, and Maybe You
What is the VDC?
Hi, we’re the Venture Development Center or VDC, a technology and life science incubator located in Boston at UMass. We power global entrepreneurs like Armon, and maybe you.
Who is Armon?
Armon founded SQZ Biotech, which arrived at the VDC from the Langer Lab at MIT with 5 team members, and graduated 18 months later with 28 employees, and $25 million in venture capital from Polaris and a $500 million deal with Roche.
How do you power entrepreneurs?
We deliver the support you need when you need it, to turn your vision into reality, beginning with visa sponsorship. With thoughtful and meaningful individual mentorship, connections and university resources, including an 18,000 sf incubator, with desks, offices, laboratories and equipment. Backed by our years of experience and expertise. We enable you to get to a fundable business faster and at a lower cost.
How does the visa work?
After your student visa ends, we can be a bridge to residency by facilitating a cap-exempt H-1B visa anytime during the year. We are the first in the nation to provide this support, and have a 100% success rate.
What types of companies do you work with?
Good ones! The 27 current companies are in the healthcare, financial, electronics, security, commerce, social, artificial intelligence, biotech and pharmaceutical industries. They have already raised $191,705,000, an average of $7,100,185.
The founders are really interesting, too, dreamers, doers, makers, risk-takers from 6 continents and 14 universities. We are a global community!
How does the program work?
Most companies arrive with seed funding, and work towards a Series A. Based upon your milestones, we roll up our sleeves to help you succeed. For example, if you need to complete a mouse study, we help you get your protocol approved and use our animal vivarium. Or if you need to do a pilot of your wearable, we’ll show you how to successfully negotiate the purchase order. The VDC is distinguished by the level and intensity of support.
Are you accepting new members?
Yes. Each year, we accept 10-15 new entrepreneurs on a rolling basis. Pricing is competitive. It depends upon the type of workspace you use. You don’t have to give up equity. Most find we are the best value in Boston. Apply, and we’ll be in touch to schedule an interview.
Have another question? Ask, and we’ll get back to you asap!
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