Are you a biotech startup, incubator, or student researcher with a promising idea? Maybe you’ve landed a coveted Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grant—now you need a place to begin. You’ll need a well-equipped laboratory to bring your vision to life, but building a dedicated lab from scratch can be time-consuming and expensive. At this point, third-party bench or incubator space becomes a game-changing option.
Meeting Startup Needs
There are a handful of reasons biotech startups decide to use third-party bench space:
- Cost-effective launchpad: Third-party labs offer significant cost savings compared to setting up a new facility. Startups can avoid upfront investments in lab equipment, furniture, or infrastructure upgrades.
- Scale up or down with ease: As startups grow, needs will evolve. Third-party labs provide the flexibility to adjust bench space seamlessly because researchers are not locked into a layout that might hinder future expansion or require payment for unused space during leaner periods.
- Plug-and-play access to high-tech equipment: Third-party labs are typically well-equipped with cutting-edge technologies, allowing researchers to hit the ground running without the burden of purchasing and maintaining expensive instruments.
- Reduced overhead and amplified focus: Outsourcing lab space allows biotech startups to remain unburdened by administrative headaches and ongoing costs associated with facility maintenance, utilities, and staffing.
- Fast track for research: Unlike setting up an individual lab, third-party facilities are already operational, eliminating traditionally lengthy setup times.
- Access to specialized resources: Third-party labs can provide access to specialized services such as histology, microscopy, laser capture microdissection, and a range of additional on-site services.
Thrive With HistoSpring at Baystate Research Facility
HistoSpring offers access to Baystate Research Facility, a premier shared wet lab space, so researchers can start with affordable coworking space and scale up to private labs as needs grow. Shared infrastructure can streamline the transition from research to commercialization by reducing costs. This is especially helpful for startups involved in SBIR or STTR programs, as it allows more efficiency when scaling up incubator discoveries.
The facility also offers access to newly acquired game changing equipment to support a diverse range of research and development efforts as well as logistical support, such as disposal services and inventory management, so you can concentrate on groundbreaking science.
Forming Strategic Partnerships
Choosing HistoSpring as your third-party lab space partner goes beyond just bench space or resources. We strive to establish strategic partnerships with our residents, potentially leading to access to additional resources, industry expertise, and even future funding opportunities. Let HistoSpring help propel your startup toward success and a promising future.
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