What is North Shore InnoVentures?
A non-profit technology business incubator helping biotech and cleantech startups increase their probability of success.
Located in Beverly, MA, NSIV is dedicated to innovation, entrepreneurship and economic development through fostering life sciences and cleantech companies.
Our Mission
North Shore InnoVentures® is committed to:
Accelerating the growth of innovative startups in the cleantech and biotech sectors (two of the strongest technology clusters in Massachusetts).
Supporting the economic development on the North Shore by successfully launching new companies and creating high-quality, sustainable jobs.
NSIV’s collaborative business model allows us to provide promising young companies with office space, shared laboratories and equipment, sponsored professional services, successful entrepreneur mentors, and investor advisers. Together we help our member companies refine their business strategies, conserve capital, build strong teams, and achieve development and funding milestones.
NSIV is supported in part by state and federal grants, as well as corporate sponsors and donors, which help subsidize the facilities and services we offer.
Our Impact
Bringing exciting new companies, high-quality jobs, and investment opportunities to the region.
Commercializing leading-edge technologies. Many of our companies are built on advanced technologies that have a real chance to solve big, practical problems like cancer diagnosis and treatment, growing replacement organs, or storing energy from renewable sources.
Creating customers and jobs. By making the region one of the “go-to” places to start and grow a technology-based company, NSIV is helping to create opportunity for local suppliers and high-value, sustainable jobs that will attract and keep talent here.
Encouraging and enabling a creative, entrepreneurial culture. Making it easier for ideas to flourish, providing young people with the opportunity to work with advanced ideas and exposing them to an entrepreneurial culture will help keep the region globally competitive and an exciting place to live.
Why Biotech and Cleantech?
Innovation often occurs at the interface of different technologies. Electronic medical records and computational biology – genomics and proteomics – are at the convergence of IT and biomedical research and are leading the way to more cost-effective, resource-efficient medical care. At the convergence of biotech and cleantech, we find companies developing water purification, biofuels, bioremediation technologies, biopolymers and biodegradable materials. That’s sustainability.
Regional clusters promote collaboration and innovation. North Shore InnoVentures is located in a burgeoning cluster of more than sixty life sciences and cleantech businesses at the Cummings Center in Beverly, Massachusetts.
NSIV By the Numbers
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Total Internship hours per yearThe North Shore InnoVentures Team
Martha C. Farmer, PhD
President, CEO and Founder
Marty Farmer leads the NSIV team and is particularly involved with creating the strategic vision and resources needed to grow the organization. She serves as NSIV’s representative to a variety of local, regional, state, and industry organizations. Marty has a Ph.D. in physiology and pharmacology with a specialized background in protein biophysical chemistry, stem cells and medical ethics. She has corporate experience in management of R&D, development of biologic therapies and clinical indications and business development with large pharma and start-ups. Dr. Farmer was just honored (Oct 2016) by the North Shore Chamber of Commerce as a North Shore Distinguished Leader. Marty earned a BS in zoology and a PhD in physiology and pharmacology from Duke University, did postdoctoral training at Johns Hopkins University and the Naval Research Laboratory and was a Medical Ethics Fellow at Harvard University. She is an author on more than 30 publications and three patents.
Tom Kinneman, MBA
Vice President and Chief Operating Officer
Tom Kinneman manages NSIV operations and our partnerships with cleantech organizations. He serves as Executive in Residence and advisor to startups on business planning, production, distribution and sales. He has a consistent record of new business growth and profit improvement in diverse American, European and Asian markets. He has strong strategic capabilities, is skilled in driving new technology introduction, has a broad general management background, and proven leadership of multi-functional, global teams. Tom successfully led global businesses in electronic chemicals, coating resins and specialty pigments. He spent five years managing European paper chemicals business from the Netherlands and three years running Asian specialty chemicals business from Singapore. Tom holds his B.S. in chemical engineering from Cornell University and an MBA in International Business from the University of Connecticut. He is Past President of the North Shore Technology Council.
Trish Fleming
Director of Mentoring
Trish Fleming ensures that entrepreneurs receive the quality mentoring that helps drive company development and entrepreneurial learning. Her 25 years of experience in non-profit management and administration encompass educational, government, and social service organizations in the greater Boston area. Her capabilities include strategy, organizational management, team and volunteer management, program development, fund-raising, marketing, events planning and general administration. Trish was previously the Mentor Program Manager for Entrepreneurship for All in Lowell, MA and the Executive Director of the MIT Enterprise Forum of Cambridge. She was a mentor for the MIT Venture Mentoring Service, BU Kindle Program, and Building Global Enterprises. She was named a 2008 All-Star by Mass High Tech and served as the co-chair of Mass High Tech’s and BBJ’s Women to Watch Advisory Committee. She holds both an M.B.A. and a B.A. from Simmons College. The first scientific instrument she remembers building was a balloon barometer.
Board of Directors
Chairman, Brad Curley, CPA Former Partner, KPMG; Member of Boston Harbor Angels; Adjunct Prof., Boston College; Director at Siamab
President, Martha C. Farmer, PHD Chief Executive Officer, North Shore InnoVentures
Vice President, Tom Kinneman, MBA Chief Operating Officer, North Shore InnoVentures
Treasurer, Gordon W. Ulen, CPA The Retirement/Financial Planning Center
Clerk, Jack M. Swig, ESQ In-House Counsel; Co-Chair NSTC Biosciences Group
David Baer, ESQ David Baer LLC - Baer Counsel
Kevin Colcord Managing Partner and Executive Consultant for Lean Enterprise Inc.
Thomas Forest Farb CEO & President, Thrive Bioscience, Inc.
Mary Grant, RN, MS Co-President of Beverly Mainstreets; Former State Representative, Beverly
Harry G. McCoy, PHARMD President & CEO of Thorne Diagnostics, Inc.; Director of Inpellis, Inc.
David E. Reibel, JD VP & General Counsel, Rocket Software; Past President of North Shore Technology Council (NSTC)
Richard E. Wylie, PHD President, Endicott College
Jean-Jacques Yarmoff, PhD former Attaché for science and technology, Consulat Général of France
Corporate Counsel – Ex Officio
Nicola M. Lemay Partner, Foley Hoag LLP
Hemmie Chang Partner, Foley Hoag LLP
NSIV Advisory Board
Abi Barrow, PHD Director, Massachusetts Technology Transfer Center
Joan Brooks, PHD Founder, Proteome Inc. and Founder and COO, Garbrook Knowledge Resources
Pravin Chaturvedi, PHD CEO, IndUS Pharmaceuticals; CSO, Napo Pharmaceuticals
Rob Day Partner, Black Coral Capital
Patricia Gentile, EDD President, North Shore Community College
Lisa Lillelund Sustainability Advisor, Mango Networks
Susan Long, PHD NSIV Mentor; Former Vice President of Business Development, Genzyme
Gary Magnant, MS CEO, Triple Sharp Venture Enginering LLC
Patricia M. Meservey, PHD RN, former President, Salem State University
Tom Ollila Integrated Resource Engineer, Reading Municipal Light Department
Brock C. Reeve, MBA Executive Director, Harvard Stem Cell Institute
Grannum R. Sant MD Urologist, formerly Head of Global Medical Affairs and Rare Diseases, Genzyme
Mary W. Sarris Executive Director of the North Shore Workforce Investment Board
Steven Winter Principal Economic Development Planner, Metropolitan Area Planning Council
Gene K. Wong, PhD Dean, School of Arts and Sciences, Endicott College