Boston University, BioSquare Discovery and Innovation Center (BDIC)

About The Fund

Boston University's BioSquare Discovery and Innovation Center (BDIC) is an expansive 14-acre biomedical research and development hub designed to foster innovation and collaboration in the life sciences sector. Situated directly adjacent to the Boston University Medical Campus and Boston Medical Center, BDIC integrates into a vibrant scientific and research community. The center extends over 2.5 million square feet, dedicating its space to new laboratory and office environments conducive to cutting-edge research and development activities. The core offering of BDIC includes state-of-the-art biomedical laboratory facilities, fostering a productive setting for corporate tenants. Tenants have access to extensive biomedical research support services, including animal and transgenic facilities, alongside advanced equipment like NMR Spectroscopy Core, Mass Spectrometry, and a Macromolecular X-Ray facility. In addition to long-term accommodations, BDIC provides flexible short-term office and lab space arrangements, with lease options ranging from 6 months to two years. The fund is open to a wide array of industries with a particular focus on Software (Web Marketplace SaaS, etc.), IT (including TMT), Education, and Mobile sectors. They operate with a broad investment range with a minimum investment of $2,500 and a maximum cap of $19,500,000, demonstrating a commitment to supporting ventures of varying scope and scale. Their investment thesis is likely geared towards fostering innovation within these key industries, leveraging the rich research and academic background of Boston University to support emerging technologies and educational advancements.