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Maine’s burgeoning life sciences sector is poised for a new chapter with the creation of the Maine Life Sciences Center to coordinate research, business and workforce efforts along with a bricks-and-mortar startup incubator to be built in Portland.
Both initiatives will give a fresh jolt to a $2.3 billion industry made up of nearly 600 companies active in fields from technology to diagnostics. Together, they employ close to 10,000 people in well-paying jobs.
Out of $2.7 million in Maine Technology Institute grants announced Thursday, $2.3 million will go to Hatch.Bio Labs, of Somerville, Mass., to develop an incubator facility in Maine's largest city by the end of 2026.
The remaining $400,000 was awarded to Northeastern University's Roux Institute to expand entrepreneurial support systems for the life sciences sector and companies to be housed at the incubator.
The statewide center, a virtual entity, was officially established via executive order earlier this month.
"With this executive order, we are laying the groundwork for more Maine businesses to succeed in one of the fastest-growing industries in the world," Gov. Janet Mills said. "This new center and incubator will give entrepreneurs the facilities and resources they need to grow their companies, create good-paying jobs and keep innovation and investment here in Maine."
Agnieszka Carpenter, executive director of the Bioscience Association of Maine, called the center a “game changer” for Maine.
“It will provide the resources, visibility and collaboration opportunities needed to scale research, attract top talent, and bring cutting-edge solutions to market,” said Carpenter, who was honored as a Mainebiz Woman to Watch in 2023.
"Today's action demonstrates Maine is serious about growing this important industry, and BioME is proud to stand with the governor in propelling our state's life science sector to new heights," she added.
The site for the planned incubator has not yet been announced. The facility will house a "wet lab" built for hands-on scientific work, equipped with specialized plumbing, ventilation and safety systems allowing researchers to test ideas with real materials — not just models or data.
Put another way, the incubator is envisioned as “kind of like a coworking space with lab scientific equipment,” said MTI President Brian Whitney.
Hatch.Bio Labs was selected as the developer out of five proposals vetted by MTI this summer.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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