ABOUT

A Thriving Community of Innovative Startups

Mission

Since our founding in 2009, the Venture Development Center (VDC) at UMass Boston has provided essential support to launch and grow innovative technology and life science companies. We offer our members a broad range of supports to accelerate their companies' achievements including visa sponsorship, and access to business advisory services, scientific and technological expertise, state-of-the-art instrumentation, cutting-edge laboratories, well-equipped office space, and additional resources.

RESULTS

The VDC's offering has proven to be rewarding.

New companies supported

116

with at least one immigrant, woman, and/or minority member in the founding team

Investment

$2.0B

Company headcount

2,725

employees

Investors

132

including 5 of the top 10 venture capital firms

Major Exits

Acquisitions: PillPack by Amazon; Kensho by S&P; enEvolv by Zymergen $1.5B

IPOs: SQZ Biotech; Flywire $321M

COMMUNITY

Today, there are 16 companies (~50 persons) in residence.

Industries

Healthcare Biopharma Medical Device Finance Software Electronics Nanotech

Company Size

Company size ranges from 3-10 employees

Founder Origin

5 continents and 14 universities, including UMass, Cornell, Rhode Island School of Design, Boston University, Northeastern, Yale, Harvard, MIT, Columbia, Stanford and Carnegie Mellon

MEMBERSHIP

Join Our Community

Become part of a thriving community of some of the best and brightest entrepreneurial talent in the world

Annual Intake

We accept 10-15 companies annually on a rolling basis

Flexible Membership

The month-to-month membership fee depends upon the type of facilities you need: laboratory, office or desk

Ready to Join VDC?

Take the next step in growing your innovative startup

Apply Now