Our Fifth webinar is scheduled on
Wed, July 31 at 6:30 pm IST (1 pm GMT, 9 am EDT)
“Case Study: UMass Lowell’s Innovation Hubs & Venture Incubators”
Link to Register
This webinar will explore best practices in the planning, operations and strategic management of innovation hubs and venture incubators. The discussion will touch on key milestones in successful operations from early strategic planning considerations, fundraising & resource development, initial launch & ramp up and ongoing operations & expansion. Attendees will learn about important elements to successful incubator operations including development of a sustainable financial model, marketing & outreach to key stakeholders (including members, partners, sponsors and community supporters), program & event planning and overall management of community & stakeholder relationships.
We will share specific details on UMass Lowell’s initial Innovation Hub in Lowell, MA (opened in June 2015) and the 2nd Innovation Hub in Haverhill, MA (opened November 2017). Each site comprises roughly 11,000 square feet of mixed-use space and supports a variety of programs, events and service offerings. In addition, each facility is located in the heart of a post-industrial city (i.e., former mill town) and serves as a cornerstone in the regional innovation ecosystem. The two Innovation Hubs currently host 48 member companies (primarily technology-based startups from both UMass Lowell and the broader region) and provide a broad range of services that support technology commercialization, new venture development and broader economic development in the region. Each of these items will be discussed in more detail during the webinar. In addition, our recently launched “Innovation Hub in a Box” program will be highlighted, a program designed to help interested campus leaders best integrate an Innovation Hub facility in their region.