Welcome to the MCG Business Incubator and the
Life Sciences Innovation Center
Business incubators are organizations and facilities that encourage,
nurture and foster your entrepreneurial enterprises. One of the latest such
endeavors is the Life Sciences Business Development Center and
Innovation Center on the campus of
the Medical College of Georgia (MCG) in Augusta. The Center is managed by
the MCG Office of Technology Transfer and Economic Development.
The Innovation Centers (IC) is a statewide economic development program
launched by Governor Sonny Purdue in 2003 and managed by the Georgia
Department of Economic Development, with funding from the OneGeorgia
Authority
There are currently six Innovation Centers: Augusta, Columbus,
Gainesville, Tifton, Savannah and Warner-Robins. Each is aligned with
a distinct industry sector and an institution of higher education
(www.georgiainnovation.org)
The MCG business incubator is the state's only Innovation Center devoted
to the life sciences. As an IC member, the business incubator in
Augusta offers: space, equipment and mentoring services for its tenants; an
outreach program to assist entrepreneurs from all over the state, including
rural Georgia; and matching grants when industry teams with an MCG faculty
member to work in translational research.
Private Corporations can join the Life Sciences Innovation Center as
members and support organizations can participate as sponsors.
Benefits include facilitated access to LSBDC/IC programs and facilities,
funding opportunities and an opportunity to help shape the future of the
life sciences as an economic driver for the state of Georgia.
The Center, or "LSBDC", provides wet lab and office space,
specialized equipment, access to campus resources, and business counsel.
Each tenant is assigned a Mentor and a group of Advisors who can help the
company grow and prosper. Special attention is devoted to having the new firm
develop a sound business strategy that can develop a product or service to
satisfy an unmet need and generate a return for its investors.
The overall intent is to transfer technology out of a laboratory and into
the commercial sector with a benefit to society. This is consistent with the
longstanding tradition of MCG itself, which has been providing medical care,
education, and research discoveries for 175 years.
We encourage inquiries, and welcome participation by both experienced and
successful business people, and the entrepreneurs who aspire to join their
ranks.
Charles Nawrot, Ph. D.
Associate Vice President for
Technology Transfer & Economic Development
and Director, LSBDC
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