TechPlace Business Incubator in Brunswick More Than Half Full Before Grand Opening on May 28

The new business incubator TechPlace is already home to 15 tenants, one day before its Grand Opening on May 28 and 5 months into operations, MaineBiz says. TechPlace, Brunswick Landing’s Technology Accelerator, features 50,000 square foot manufacturing space (enough for 25 companies) and 20,000 square foot office space (room for 23 companies).. The incubator is designed for startups in the aerospace, aviation, biotechnology, renewable energy, composites and advanced materials and IT sectors. Kristine Schuman, business development coordinator for Midcoast Regional Redevelopment Authority, said that “most of the tenants have one-year leases, but they’re able to leave at any time with a month’s notice and without financial penalty. The benefit is aimed to give startups and early-stage companies a little leeway if things don’t go as planned.” Read full story

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