Device incubator billed as Arizona's first to launch in June

Even Peoria, AZ, is working hard to grab a piece of the medical device industry pie. BioInspire, formerly known as Peoria Incucelerator, is launching in early June, according to The Arizona Republic. Designed as a partnership between the city and Phoenix-based nonprofit BioAccel, it is the first incubator in the state devoted specifically to biomedical-device startups, the story explains. Potential startup tenants are being lured with such incentives as free or reduced-priced office space, plus common and individual laboratory space and meeting rooms. There's also cash--as much as $300,000 in working capital--and two tenants are already under consideration for the space. Story