Innovation and Entrepreneurship
Innovation has been the cornerstone of Lowell since the City was founded. As the birthplace of the American Industrial Revolution, Lowell continues to reinvent itself and is keeping pace with the Greater Lowell region, Boston and Cambridge, hot-beds of Innovation in the country and the world!
Lowell has the ingredients to attract innovators and entrepreneurs:
- Great access to the highway and public transportation;
- Highly skilled workforce;
- Affordable commercial space; and
- Plenty of housing options.
The City of Lowell, Economic Development staff in collaboration with other local and regional organizations provide great resources to entrepreneurs looking to set-up roots here in the City. Below is a list of available resources and programs, from available space, to one-on-one technical assistance:
Co-Working and Incubator Space:
U-Mass Lowell Innovation-HUB "I-hub"
110 Canal Street, Lowell, MA
Located in the heart of the Hamilton Canal District, the I-Hub provides technology-driven start-ups and small companies with 24-hr. access to co-working space, meeting and conferencing, as well as access to state-of-the-art lab and clean-room space for rapid prototype development. The i-Hub is affiliated with the “Workbar” partners network allowing its members full access to Workbar in Cambridge and vice-versa.
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The SBA, in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020. Additional Info...