Portal Innovations Partners with Ocean State Labs for Life Science Incubator Management

Portal Innovations Teams Up with Ocean State Labs as Incubator Manager

In an exciting development for the life sciences community, Portal Innovations has been appointed as the manager of Ocean State Labs, a cutting-edge life science incubator located in Providence, Rhode Island. This initiative, under the auspices of the Rhode Island Life Science Hub and Brown University, aims to provide vital support and infrastructure for early-stage life science companies looking to bring their innovations to the market.

The Ocean State Labs incubator is touted to be a transformative addition to the state's entrepreneurial landscape, offering over 30,000 square feet of modern laboratory space specifically designed to cater to the needs of budding startups. This facility is currently under development by LG – Asset Management, America, and is projected to be completed by the end of 2025, ready to serve the needs of the local bioscience sector.

Dr. Mark A. Turco, the President and CEO of the Rhode Island Life Science Hub, emphasized the critical importance of this new facility. He described Ocean State Labs as a much-needed resource that will help scale up entrepreneurial ventures aimed at improving health outcomes. "In Portal Innovations, the region has a partner with a proven track record of supporting breakthroughs for nascent life science ventures," he added, highlighting Portal’s extensive experience in laboratory operations across the United States.

Portal Innovations is recognized as a premier venture development engine focused on the creation and support of early-stage life sciences companies. With established presences in key cities such as Chicago, Houston, Atlanta, and Boston, Portal has a remarkable history of helping over 90 startups thrive through its provision of