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Alachua is home to both incubators for start-up biotech companies and spaces where mature companies can grow, but a new facility is looking to bridge the gap between the two, allowing for even more local growth in the lucrative sector. Momentum Labs, a laboratory facility coming to the city of Alachua, will serve as a space for growing biotech businesses to perform work without the upfront costs of purchasing their own lab equipment. The venture is spearheaded by Concept Companies, a national real estate development firm headquartered in Gainesville. “It’s challenging for those companies to jump into a bigger space,” said Brian Crawford, chief executive at Concept Companies. “There’s a large expense for all the equipment needed. There s not a product out there that offers the solution.” ....
Concept Companies announces coming development of Momentum Labs Biotech Facility designed to support emerging companies in Alachua, Florida Exceptional Research Facility will Provide Turnkey Spaces for Emerging Biotech Companies News provided by Share this article Concept Companies ALACHUA, Fla., April 9, 2021 /PRNewswire/ Concept Companies, a national real estate development firm based in Gainesville, FL, has announced the first facility for its new venture, Momentum Labs. The flagship location will be based in the heart of North Florida s bustling biotech cluster in Alachua, FL. Momentum Labs will provide turnkey facilities for promising early-stage biotech companies through the development of fully-furnished and equipped laboratories with flexible lease terms. Launching Momentum Labs is a sign of tangible progress in the region, as the area continues to build credibility and leadership for bolstering critical research and innovation, particularly in th ....