Bioscience Park Center opens new accelerator building today
The Fitzsimons Redevelopment Authority (FRA) in Aurora Colorado will officially open its new Accelerator Building later today according to a press release. This $8 million, 37,000 square-foot facility is adjacent to FRA's original Incubator Building at the Bioscience Park Center in the Fitzsimons Life Science District. It seems that this is the "bigger than an incubator" type of accelerator rather than a seed accelerator because there's no mention of startup funding on their website.
The Incubator Building opened in 2000 and now houses 35 companies. The new accelerator will enable companies to move into larger, long-term space. It already has four tenants who are relocating from the incubator.
"The Bioscience Park Center is designed to foster a collaborative environment—by having established companies in close proximity to incubator startups—further promoting an essential atmosphere that makes the Fitzsimons Life Science District an important hub in the overall growth of Colorado’s bioscience industry," said Steve VanNurden, FRA's CEO