What you need to know
Texas State officials announced a new partnership with Concept Companies on June 27 to bring a life sciences incubator program to its Round Rock campus.
Construction of the new facility is expected to reach completion by the end of 2025, according to a press release.
The incubator, a new facility dedicated to supporting startups in the field of life sciences, will include laboratories, offices, administrative support and collaboration spaces. It is designed to support startups by reducing obstacles in the emerging fields of the life sciences.
What they're saying
“This state-of-the-art facility will not only advance research and innovation in the life sciences and medical fields but also foster commercialization, entrepreneurship and collaboration,” said Julie Lessiter, Texas State Round Rock's campus vice president. “The incubator will create new opportunities for TXST faculty and students to work with startup enterprises, while at the same time TXST will provide a talent pool of researchers and skilled professionals needed by the startups.”
What else?
Concept Companies is a commercial real estate development company with previous experience working in the field of life sciences, and will lead the development with project partners Perkins & Will and Vaughn Construction, according to the release.
