North Shore InnoVentures Board Appoints Dr. Christine Kressirer as COO
Kressirer Replaces Outgoing COO Tom Kinneman
as the Biotech and Cleantech Incubator celebrates Fifteen Years of Growth
Beverly, Mass., February 13, 2022 – North Shore InnoVentures (NSIV), a non-profit incubator helping deep science biotech and cleantech startups increase their probability of success, today announced that Dr. Christine Kressirer has been appointed as Chief Operating Officer. Kressirer joins as the organization reaches the 15-year mark capping a year of growth and as it moves ahead with yet another expansion.
Kressirer has a career supporting innovation in both the research industry and academia. Skilled in operations, project and people management, Kressirer brings a wealth of experience at organizations including Breakthrough Properties, Azzur Group, Tufts Launchpad and the Forsythe Institute.
“Scientific incubators are so critical for early-stage tech companies. We provide the vital infrastructure – equipment, space, safety – that are prohibitively expensive along with the business know-how and mentoring that allows our members to grow faster, preserve cash, and develop their science.” Kressirer said.
Kressirer Brings Experience Growing Innovation
“Christine is the right person to bring onto our management team for the future,” said CEO Chris Ilsley. “We have spent fifteen years building a solid base and honing our ability to provide the unique mentorship and incubation support network helps attract local startups or companies from Europe and Asia to settle in the emerging clusters outside of the urban core.”
Kressirer added: “NSIV has a great track record with its companies. The continued demand for facilities and the infrastructure here in Metro North to support startups and scaling companies makes this an excellent time to be part of the expansion and growth. I’ll be building on the considerable work that NSIV’s founding COO, Tom Kinneman, did to bring us to this place. I’m looking forward to hitting that one-hundredth member company, and all the new technologies that will be introduced into the market” To ensure a smooth hand-off, Kinneman will remain on staff for a few months before transitioning to a role as Executive-in-Residence and Board Member.
The search to replace Kinneman was conducted over the past year with the assistance of Lauren Celano of Propel Careers.
“We worked hard to find a dynamic individual that could help lead NSIV into its next fifteen years,” said Harry McCoy, Co-Founder and Chair of the NSIV Board of Directors. “We appreciate both the experience and enthusiasm Christine brings to building communities and fostering connections, and her clear passion for assisting startup companies on their paths to growth.”
NSIV Celebrates Fifteen Years of Success
North Shore InnoVentures (NSIV) is a non-profit 501(c)(3) business incubator headquartered in the burgeoning cluster of more than sixty life sciences and cleantech businesses at the Cummings Center in Beverly, MA. NSIV is dedicated to accelerating the growth of innovative early-stage life sciences and cleantech businesses and supporting the economic growth of Boston’s North Shore. Its management, board of directors, advisory board, and mentors bring a wealth of entrepreneurship experience in addition to business development and technical expertise. Further support comes from sponsors who contribute marketing, legal, operational and educational services.
This year NSIV celebrates fifteen years and just recently expanded its footprint at the Cummings Center in Beverly to over 23,000 square feet of individual and shared labs, a maker space, offices and co-working spaces. Since its inception the company has incubated 82 companies that created 635 jobs and have raised over $1 Billion in research and equity funding.