Bench pricing reduced for 2026 to support broader community

CAMBRIDGE, Mass., Nov. 10, 2025 /PRNewswire/ -- LabCentral today announced LabCentral First, a new program that provides high-potential life sciences companies with access to LabCentral's lab facilities free of charge for the first six months.

Up to 18 companies are being selected through a highly competitive application process, which has been piloted with a small number of teams to date. Eligible startups must be led by first-time founders/CSOs – either new to entrepreneurship, new to Massachusetts, or targeting underfunded novel indications - pursuing high-impact science.

"As an economic development non-profit, LabCentral has always been committed to supporting early-stage entrepreneurs at the forefront of life sciences innovation in Massachusetts," said Maggie O'Toole, LabCentral President and CEO. "In this particularly challenging funding environment, we are seeing first-time entrepreneurs struggle to get the seed funding that historically allowed them to move in with their initial bench, gather critical early-stage data, and advance their science. LabCentral First provides that crucial 'foot-in-the-door' moment."

In addition to First, LabCentral is also reducing bench rates by over 25% for the upcoming year. These new rates apply to current residents, new applicants, and First program participants.

"As we strive to make a positive impact, we are reinvesting our resources to support teams, strengthen the community, and empower scientific research," said Abby Johnson, LabCentral's VP of Operations.

How to apply
Applications for LabCentral First are now open and are reviewed on a rolling basis. Applicants will go through the standard LabCentral selection process concurrently with an additional review by our First Committee. Teams interested should complete a LabCentral application and email: space@labcentral.org to share their qualifications for the program. More information is available on the LabCentral website.

About LabCentral
A private, non-profit institution, LabCentral is a launchpad for high-potential life-sciences and biotech start-ups with more than 200,000 square feet of space across Kendall Square in Cambridge, Mass., and the Harvard University campus. Founded in 2013, LabCentral offers a full complement of programming and networking to life sciences entrepreneurs in addition to fully permitted laboratory and office space for early-stage and growing life sciences companies. In its first eleven years, LabCentral residents raised more than $20 billion in funding and created more than 7,000 jobs. More information is available at www.labcentral.org.

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SOURCE LabCentral