BEVERLY — A $1.4 million grant to Endicott College — the largest federal grant the small private college said it has ever received — will spur construction of a new life science and business incubator center on campus that will be run through a partnership with North Shore InnoVentures, a Beverly-based biotech and cleantech incubator.
The investment is expected to create 335 new jobs and lead to the expansion of the North Shore's thriving biotech and life sciences sectors, those close to the grant award say.
Salem Congressman Seth Moulton, who announced the grant award in a statement Thursday afternoon, called it a “substantial federal investment" that will fund "critical infrastructure improvements" and create local jobs.
The investment is expected to create 335 new jobs and lead to the expansion of the North Shore's thriving biotech and life sciences sectors, those close to the grant award say.
Salem Congressman Seth Moulton, who announced the grant award in a statement Thursday afternoon, called it a “substantial federal investment" that will fund "critical infrastructure improvements" and create local jobs.
