The Massachusetts Next Generation Initiative (MassNextGen) is a five year, $1 million commitment to ensure greater gender parity in the next generation of life science entrepreneurs. Increasing the number of successful entrepreneurs is in the best interest of the entire life science industry and as such, this initiative is a public-private partnership between the Massachusetts Life Sciences Center and our initial corporate sponsor Takeda.
Each year, following a competitive program, women-led early-stage life science companies will be awarded a year-long customized package of support, which includes non-dilutive grant funding and access to a network of seasoned Executive Coaches from the life sciences ecosystem to refine their business strategies and effectively raise capital.
Up to $100,000 of non-dilutive capital is available for the inaugural year of the program to be distributed to winners of a competitive process. An additional $100,000 of in-kind support and coaching from an illustrious network of seasoned entrepreneurs and life science investors as executive coaches will be available to winners of the first year’s challenge.
Hosted by: Massachusetts Life Sciences Center