The McGovern Center was founded in 2008 as a startup incubator to help develop young Cornell life science companies. The Center is funded by Cornell’s Research Division, the Institute of Biotechnology, NYSTAR and a generous gift from Kevin M. McGovern ’70 and his family.
The Center’s program focuses on accelerating research and development of its client’s companies’ technology and products, validating its client companies’ business plans, and strengthening their management teams. The Center’s goal is to facilitate the forward progress of client companies to the point where each will merit significant outside investment, and achieve self-sufficiency. In doing so, the McGovern Center contributes to the University’s mission as New York State’s Morrill Land Grant institution to support local, regional, and state-wide Life Sciences jobs/economic development.