Spurring Growth in the Life Sciences

A New York grant program targets MBA programs with life sciences concentrations.

NEW YORK GOVERNOR Andrew M. Cuomo has announced a new grant program designed to promote life science entrepreneurs in the state. The grant will award up to US$550,000 to New York graduate schools of business that are collaborating with medical schools or graduate programs in the life sciences to develop new MBA concentrations or certificates in life science entrepreneurship. The grant program is part of the governor’s $620 million New York State Life Science Initiative, which is designed to spur the growth of the life science sector in the state by guiding startups along the path of commercial viability.

To be eligible, a graduate school of business must run a program that results in either an MBA concentration or certificate in life science entrepreneurship; feature a curriculum focused on technological innovation in the life sciences; establish institutional partnerships with medical schools, biomedical engineering programs, life science programs, and bioinformatics and data science programs; and invite investors, entrepreneurs, and seasoned life sciences leaders to participate in curriculum development.

Learn more about the grant program