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The Minority Business Development Agency Selects CIC for its Capital Readiness Program to Support Underserved Entrepreneurs in Massachusetts
Vice President Kamala Harris recently announced that CIC was selected for the Minority Business Development Agency (MBDA) Capital Readiness Program, the U.S. Commerce Department’s largest investment in support of underserved entrepreneurs. Of the 43 awardees, CIC was the only Massachusetts entity selected by the Department of Commerce for this program. CIC, which builds and operates a global network of innovation campuses where startups, scale-ups and enterprises work, connect and grow, was honored during a ceremony at the White House on August 4, 2023.
Today, the University of Chicago and CIC announced that they will partner on a state-of-the-art lab incubator at Hyde Park Labs that will support entrepreneurs and start-up companies focused on life sciences.