The Massachusetts Life Sciences Center (MLSC), announced the launch of the twelfth round of its Accelerator Loan Program, the MLSC’s flagship investment program that provides working capital to early-stage life sciences companies.
In the new round, the Accelerator program will offer loans of up to $750,000 per company. The program seeks to provide support to companies at a critical stage of their development cycle, enabling them to conduct vital research and proof of concept studies, and attract subsequent investment while improving the odds of bringing cutting-edge innovation to the marketplace.