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Hospital Innovation Programs Directory

An independent editorial resource published by Lisa T. Miller

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Healthcare company-building profile

LabCentral Ignite Golden Ticket

LabCentral (with pharma sponsors including Bayer, Lilly, Pfizer and Takeda)

IncubatorIncubatorNot publicly documentedActive

Source-based profile

Program at a Glance

Program type
Incubator
Program category
Incubator
Organization
LabCentral (with pharma sponsors including Bayer, Lilly, Pfizer and Takeda)
Organization type
Not publicly documented
Location
Cambridge, Massachusetts
Company stage served
Early stage
Cohort or participation model
Annual contest; winners receive a one-year LabCentral residency fellowship
Investment or funding offered
Yes
Published investment terms
$50,000 credit toward LabCentral lab space per ticket; no equity taken
Equity or fee model
No equity
Clinical or hospital connection
Not publicly documented
Application status
Active
Founded
2021

Public description

About the program

LabCentral Ignite runs the umbrella Golden Ticket contest through which pharmaceutical sponsors fund one-year residencies for early-stage life science startups at LabCentral in Kendall Square. Each ticket carries a $50,000 credit toward lab space plus operational support, shared equipment, coaching, networking and pitch-event access. The program has run multiple annual cycles with a rotating slate of corporate sponsors.

What the program publicly emphasizes

Focus areas and features

Biotech and therapeuticsDiverse and underrepresented foundersWet-lab residency
  • Category: Incubator
  • Program structure: Annual contest; winners receive a one-year LabCentral residency fellowship
  • Published terms: $50,000 credit toward LabCentral lab space per ticket; no equity taken

Publicly documented people and network

Program leadership and alumni

Notable alumni named in public materials
NeuroBionics

Sources

External source links open in a new tab.

  1. labcentral.org
  2. prnewswire.com
  3. neurobionics.io