{"id":1196,"date":"2019-07-02T16:51:37","date_gmt":"2019-07-02T21:51:37","guid":{"rendered":"http:\/\/blogs.uml.edu\/m2d2\/?p=1196"},"modified":"2019-07-08T11:42:28","modified_gmt":"2019-07-08T16:42:28","slug":"m2d2-resident-company-livonyx-named-a-2019-winner-in-mlsc-massnextgen-initiative","status":"publish","type":"post","link":"https:\/\/blogs.uml.edu\/m2d2\/2019\/07\/02\/m2d2-resident-company-livonyx-named-a-2019-winner-in-mlsc-massnextgen-initiative\/","title":{"rendered":"M2D2 resident company LivOnyx named a 2019 winner in MLSC MassNextGen Initiative"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" src=\"https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/IMG_0946-1024x681.jpg\" alt=\"\" class=\"wp-image-1200\" width=\"269\" height=\"178\" srcset=\"https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/IMG_0946-1024x681.jpg 1024w, https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/IMG_0946-300x200.jpg 300w, https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/IMG_0946-768x511.jpg 768w, https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/IMG_0946-451x300.jpg 451w, https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/IMG_0946.jpg 1624w\" sizes=\"(max-width: 269px) 100vw, 269px\" \/><figcaption>Lt. Gov. Karyn Polito (far left), LivOnyx President\/Co-Founder Carmela Mascio (second from left), and MLSC President Travis McCready (third from right) at the MassNextGen winners announcement event on June 19.<\/figcaption><\/figure><\/div>\n\n\n\n<p>We\u2019re thrilled to spread the word that one of our innovative resident companies, <a href=\"https:\/\/www.livonyx.com\/\">LivOnyx<\/a>, has been named one of five <a href=\"http:\/\/www.masslifesciences.com\/baker-polito-administration-announces-awards-for-massachusetts-life-sciences-center-initiative-for-women-entrepreneurs\/#more-8411\">2019 winners<\/a> in the Massachusetts Life Sciences Center (MSLC) Massachusetts Next Generation Initiative. LivOnyx will receive $87,500 in funding, as well as access for a year to a network of executive coaches. &nbsp;<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>\u201cThis exciting recognition highlights our belief that achieving your goals doesn\u2019t happen in isolation\u201d said LivOnyx President and Co-Founder, Carmela Mascio. \u201cThe LivOnyx team has greatly benefitted by partnering with MLSC, and our team absolutely plans to maximize the partnerships and connections we\u2019re building through MassNextGen.\u201d<\/p>\n\n\n\n<p><strong>MassNextGen: Advancing gender equity in Bay State life sciences&nbsp; <\/strong><\/p>\n\n\n\n<p>This is the second year of <a href=\"http:\/\/www.masslifesciences.com\/programs\/massnextgen\">MassNextGen<\/a>, a 5-year commitment exceeding $2 million in funding to help ensure gender parity in the next generation of life sciences entrepreneurs. Each year, following a competitive program, the winning women-led early-stage life science companies receive a year-long customized package of support. <\/p>\n\n\n\n<p>This support package includes non-dilutive grant funding as well as access to a network of seasoned executive coaches. Drawn from the Massachusetts life sciences ecosystem, these advisors will help LivOnyx and the other winning companies refine their business strategies and effectively raise capital. <\/p>\n\n\n\n<p><strong>About LivOnyx<\/strong><\/p>\n\n\n\n<p>Founded in 2016, LivOnyx is developing a novel, fully automated rapid hand disinfection system to reduce healthcare associated infections using thinSpray&#x2122;\u2014its patented application technology and proprietary antiseptic.<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" width=\"584\" height=\"329\" src=\"https:\/\/www.youtube.com\/embed\/8dMpXVC60sc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><figcaption>Watch the video for a demonstration of the LivOnyx technology.<br><\/figcaption><\/figure>\n\n\n\n<p>The transfer of pathogens from the hands of healthcare workers to patients is a significant cause of healthcare associated infections, and hand hygiene compliance is a serious challenge in healthcare environments. Laboratory studies have demonstrated that the LivOnyx system rapidly inactivates a wide range of pervasive and resistant bacteria as well as robust spores of&nbsp;<em>Clostridium difficile.<\/em>&nbsp;<\/p>\n\n\n\n<p>\u201cOf course, the grant funds will be instrumental in continuing to drive our science forward and help to secure additional intellectual property,\u201d remarked Mascio. \u201cAs a first-time entrepreneur and business owner, the executive coaching will enable me to focus on improving my leadership impact and effectiveness in addressing current opportunities <em>and<\/em> potential future challenges, while maintaining authenticity of self.\u201d<\/p>\n\n\n\n<p>Mascio expanded on the importance of the relationships\ncreated and nurtured through MassNextGen: \u201cBeing surrounded by other successful\nfirst-time and serial entrepreneurs will position LivOnyx to gain a better\nunderstanding of how to cultivate a rich, diverse, supportive, and effective\ncorporate culture that prides itself on making each day better for patients and\nhealthcare workers, while having fun at work along the way.\u201d<\/p>\n\n\n\n<p><strong>&nbsp;\u201cWhat is possible in Massachusetts\u201d<\/strong><\/p>\n\n\n\n<p>Massachusetts Lieutenant Governor Karyn Polito announced the winners at a celebration at Sanofi in Cambridge. In her remarks she said, \u201cThe work and research of these female entrepreneurs and their respective companies represents what is possible in Massachusetts when we work together to provide critical capital funding and supports to help female leaders thrive and build successful empires.\u201d<\/p>\n\n\n\n<p>MLSC President and CEO Travis McCready added, \u201cWe are setting the imperative of establishing Massachusetts as the most equitable and diverse life sciences ecosystem in the country.\u201d<\/p>\n\n\n\n<p><strong>Working hard to level the playing field&#8230;<\/strong><\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.mass.gov\/news\/baker-polito-administration-announces-awards-for-massachusetts-life-sciences-center-initiative\">mass.gov announcement<\/a> about this year\u2019s MassNextGen awards called out some eye-opening statistics on gender equity in the life sciences C-Suite: <\/p>\n\n\n\n<p><em>According to Babson College\u2019s The Diana Project report \u201cWomen Entrepreneurs 2014: Bridging the Gender Gap in Venture Capital,\u201d only 15 percent of the companies receiving venture capital investment had a woman on the executive team from 2011-2013. Only 3 percent of total venture capital dollars in the U.S. went to companies with a female CEO and it is hardest for female executives to attain seed-stage funding.&nbsp;<\/em>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>Carmela Mascio takes a long view of the challenge. \u201cI\u2019m passionate about working with youth, especially girls, to get them excited about a future in STEM. It\u2019s incredibly powerful to witness those \u2018A-ha!\u2019 moments and hear girls exclaim, \u2018I can\u2019t wait to be a scientist someday!\u2019\u201d<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" src=\"https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/Carmela-Head-Shot-2.jpg\" alt=\"Carmela Mascio is President &amp; CoFounder of LivOnyx Inc., and M2D2 resident company.\" class=\"wp-image-1208\" width=\"161\" height=\"161\" srcset=\"https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/Carmela-Head-Shot-2.jpg 300w, https:\/\/blogs.uml.edu\/m2d2\/wp-content\/uploads\/sites\/46\/2019\/07\/Carmela-Head-Shot-2-150x150.jpg 150w\" sizes=\"(max-width: 161px) 100vw, 161px\" \/><figcaption>Carmela Mascio examines a bacterial plate in the lab.<\/figcaption><\/figure><\/div>\n\n\n\n<p>\u201cHowever,\u201d she continued, \u201cwe have a long way to go in ensuring the work environment for aspiring female STEM employees will embrace them and view them as equals at all levels. Women continue to be woefully underrepresented in the life sciences and healthcare, and particularly in leadership positions. I believe the MLSC and MassNextGen are playing a vital role in effecting change and evolving the STEM landscape.\u201d<\/p>\n\n\n\n<p><strong>\u2026 and shining the spotlight a little brighter on Lowell.<\/strong><\/p>\n\n\n\n<p> \u201cAnytime an M2D2 resident company receives recognition for their innovation, it reminds the life sciences community that exciting, important work is happening here in Lowell, out of the Boston\/Cambridge spotlight,\u201d said M2D2 Director of Operations Mary Ann Picard. \u201cCarmela and LivOnyx winning MassNextGen is extra-special, because a Lowell-based company is being recognized and being supported not only as a life sciences leader, but also a leader in the work needed to foster gender equity in this arena.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>LivOnyx, a resident company at UMass Lowell M2D2, has been named a 2019 winner of MassNextGen, an intiative that supports women life sciences entrepreneurs. <a href=\"https:\/\/blogs.uml.edu\/m2d2\/2019\/07\/02\/m2d2-resident-company-livonyx-named-a-2019-winner-in-mlsc-massnextgen-initiative\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":328,"featured_media":1210,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/posts\/1196"}],"collection":[{"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/users\/328"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/comments?post=1196"}],"version-history":[{"count":10,"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/posts\/1196\/revisions"}],"predecessor-version":[{"id":1213,"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/posts\/1196\/revisions\/1213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/media\/1210"}],"wp:attachment":[{"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/media?parent=1196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/categories?post=1196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.uml.edu\/m2d2\/wp-json\/wp\/v2\/tags?post=1196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}