The biotech and life sciences industry is experiencing rapid growth that includes the critical need for lab space and support services. Many communities face the challenge of a lack of life science real estate, resulting in economic-driving life science companies leaving the area to find adequate space to accommodate their growth.

Concept Companies, a leader in life science real estate development, launched Momentum Labs in 2021 as a purpose-built biotech hub for emerging companies. Momentum Labs is where high-growth companies have a landing spot within the ecosystem with access to flexible lab space, shared equipment, concierge-level services, specialized amenities, access to capital, and tailored business support resources.