The Cambridge Innovation Center (CIC) started in 1999 with a vision and a simple idea: "Startups make the world much better. We can help them by setting up and managing their office for them so they can focus on their business". CIC has continued to do that better than anyone else, and since its inception, more than 2,000 companies have chosen CIC as their home and many have gone on to prove their value to the world as startups. More than $2 B of venture capital has been invested in companies that were headquartered at CIC. At any one time there are over 600 companies, most of them startups. Along the way, the entrepreneurs at CIC taught us something very powerful. If you’re an entrepreneur doing something that hasn't been done before, who can teach you how to do it? Nobody. The best you can do is to learn what you can from fellow entrepreneurs, mentors, advisors and investors. This is what entrepreneurs at CIC have done over the years, and they continue to do this extensively today. With hundreds of great entrepreneurs in one campus environment, there is no better place to build a fast-growing startup than CIC.
CIC is a collaboration partner of BioHealth Management and offers office space and services at the CIC located in Kendall Square (Cambridge, Massachusetts), at the heart of the one of the world’s leading innovation districts. CIC is across the street from the MIT campus and surrounded by other world-leading research institutions, such as the Broad Institute, and companies such as Microsoft, Novartis and Genzyme (Sanofi).
Since it was established, CIC has emerged as a leader in fostering collaboration and entrepreneurship throughout the area. CIC’s business model is built around supporting innovative businesses. Beyond providing space and services, CIC is designed to be an organic, interactive community that fosters collaboration, interaction and non-stop networking. Having a presence at the CIC provides an opportunity to participate informally as well as formally through the Venture Café (a weekly networking venue) and other events which regularly occur in the community.
The CIC houses more startups and small businesses under its roof than any other facility in the U.S. The world-class environment is designed to meet the needs of a wide range of innovators, inventors, and companies. CIC is home to more than 500 entrepreneurial and more mature organizations, including technology and life sciences companies, professional service firms, venture capitalists and angels. Increasingly it is a home for large firms such as Apple, Amazon, Facebook and Shell R & D centers who want proximity to innovation and the startup community. Its clients collectively have raised over $2B in venture capital since 2003.
CIC offers a unique environment for entrepreneurs to learn, grow their networks, and enhance their businesses. CIC has more than 146,000 sq. ft. of fully serviced and highly flexible office and shared space configurations.