Life Science

Life Science Firm Expands Office Space

100 Cummings Center

Beverly, MA – North Shore InnoVentures (NSIV) now operates nearly 24,000sf at Cummings Center in Beverly.

Cummings Properties account manager Justin D’Aveta worked directly with Chris Ilsley, CEO and president of NSIV, on the series of expansions, the largest of which added 6,100sf of lab space to NSIV’s footprint. The new facilities will accommodate additional incubator firms and serve as potential expansion space for startups as they progress in their growth cycles.

(l-r) Justin D’Aveta, Chris Ilsley, and Maria Jaramillo of incubator firm Iviva Medical / Photo credit North Shore InnoVentures

NSIV supports early-stage life science and cleantech companies by providing customized business guidance and turn-key lab and office facilities in a collaborative communal environment. It has been leasing space and expanding at 100 Cummings Center since 2011.

North Shore InnoVentures operates a startup business incubator with the intent to nurture innovative early-stage companies and support sustained economic growth in the region. Its collaborative programming connects early-stage companies, particularly those in the cleantech and life sciences industries, with shared physical resources, sponsor services, experienced entrepreneurs, and investment advisers in an effort to help these startups commercialize its technologies and growing businesses.

Cummings Properties’ Beverly portfolio includes the 2 million sq. ft. Cummings Center office park and the 54-acre Dunham Ridgebusiness and technology center.