Banks, McRae C.
Hansen, Peter H.
Massachusetts Biomedical Initiatives
Massachusetts Biomedical Initiatives (MBI) is a biomedical incubator. We assessed the economic impact of the Central Massachusetts and Boston-Worcester biomedical corridors and developed a 5-year forecast. Since 2004, the economic impact of the Central Massachusetts Biomedical industry grew 136% and today has a direct economic impact of $2.2 billion. The economic impact is expected to grow about 182% by 2012. The Boston-Worcester corridor currently has a direct economic impact of $8.8 billion.
Worcester Polytechnic Institute
Major Qualifying Project
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Humanities and Arts