{"id":5011,"date":"2025-09-23T20:35:31","date_gmt":"2025-09-23T20:35:31","guid":{"rendered":"https:\/\/www.thermofisher.com\/blog\/life-in-the-lab\/?p=5011"},"modified":"2025-09-23T20:35:34","modified_gmt":"2025-09-23T20:35:34","slug":"financing-your-lab-expansion","status":"publish","type":"post","link":"https:\/\/www.thermofisher.com\/blog\/life-in-the-lab\/financing-your-lab-expansion\/","title":{"rendered":"Financing Your Lab Expansion: How to Make the Most of Flexible Options"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"629\" height=\"335\" src=\"http:\/\/admin.acceleratingscience.com\/life-in-the-lab\/wp-content\/uploads\/sites\/10\/2025\/03\/BiotechHeader.png\" alt=\"\" class=\"wp-image-4188\" style=\"width:629px;height:auto\" srcset=\"https:\/\/admin.acceleratingscience.com\/life-in-the-lab\/wp-content\/uploads\/sites\/10\/2025\/03\/BiotechHeader.png 629w, https:\/\/admin.acceleratingscience.com\/life-in-the-lab\/wp-content\/uploads\/sites\/10\/2025\/03\/BiotechHeader-300x160.png 300w\" sizes=\"auto, (max-width: 629px) 100vw, 629px\" \/><\/figure>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Scaling a biotech lab is a thrilling milestone\u2014new experiments, bigger breakthroughs, maybe even a shiny new centrifuge. But the price tag? That can feel less exciting. Between equipment upgrades, space renovations, and compliance needs, costs pile up fast. How do you grow without breaking the bank?<\/p>\n\n\n\n<p>At Thermo Fisher Scientific, we\u2019ve guided biotech startups and academic labs through expansions of all sizes. Our <a href=\"https:\/\/www.thermofisher.com\/us\/en\/home\/global\/forms\/jump-start-biotech-program.html\" target=\"_blank\" rel=\"noreferrer noopener\">Jump Start Program<\/a> offers discounts, flexible financing, and expert support to make lab growth manageable. In this guide, we\u2019ll walk you through cost-saving measures and financing solutions\u2014pulled from our <a href=\"https:\/\/assets.thermofisher.com\/TFS-Assets\/BID\/Reference-Materials\/new-lab-checklist.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Lab Checklist<\/a> and <a href=\"https:\/\/assets.thermofisher.com\/TFS-Assets\/LSG\/Flyers\/jump-start-for-biotech-new-lab-guide.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Jump Start New Lab Guide<\/a>\u2014so you can expand with confidence. Let\u2019s dive in!<\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Table of contents<\/h2><ul><li><a href=\"#h-step-1-understand-why-lab-expansion-costs-add-up\" data-level=\"2\">Step 1: Understand why lab expansion costs add up<\/a><\/li><li><a href=\"#h-step-2-start-with-a-scalable-budget\" data-level=\"2\">Step 2: Start with a scalable budget.<\/a><\/li><li><a href=\"#h-step-3-prioritize-cost-saving-equipment-choices\" data-level=\"2\">Step 3: Prioritize cost-saving equipment choices.<\/a><\/li><li><a href=\"#h-step-4-explore-flexible-financing-options\" data-level=\"2\">Step 4: Explore flexible financing options.<\/a><\/li><li><a href=\"#h-step-5-leverage-a-partner-like-jump-start\" data-level=\"2\">Step 5: Leverage a partner like Jump Start.<\/a><\/li><li><a href=\"#h-how-thermo-fisher-makes-expansion-easier\" data-level=\"2\">How Thermo Fisher makes expansion easier<\/a><\/li><\/ul><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-step-1-understand-why-lab-expansion-costs-add-up\">Step 1: Understand why lab expansion costs add up<\/h2>\n\n\n\n<p>Growth sounds great until you see the bill. New benches, advanced instruments, and safety upgrades all demand investment. Add in unpredictable expenses\u2014like delays or regulatory surprises\u2014and your budget can spiral.<\/p>\n\n\n\n<p><strong>Pro Tip: <\/strong>The <a href=\"https:\/\/assets.thermofisher.com\/TFS-Assets\/BID\/Reference-Materials\/new-lab-checklist.pdf\">Jump Start Lab Checklist<\/a> includes a \u201cCost Forecasting Tool\u201d to help you spot big-ticket items early. Knowledge is your first line of defense.<\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-step-2-start-with-a-scalable-budget\">Step 2: Start with a scalable budget.<\/h2>\n\n\n\n<p>Budgeting for lab expansion isn\u2019t just about cutting corners\u2014it\u2019s about planning for now and later. Break your needs into phases: must-haves today (e.g., a reliable incubator) versus nice-to-haves tomorrow (e.g., that high-end sequencer).<\/p>\n\n\n\n<p><strong>Storytime: <\/strong>We worked with a small biotech that needed to double their lab space post-Series B. By phasing their equipment purchases and tapping into Thermo Fisher&#8217;s flexible payment plans, they saved 20% upfront and scaled smoothly over 18 months. Today, they\u2019re a leader in gene editing\u2014all without a budget meltdown.<\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-step-3-prioritize-cost-saving-equipment-choices\">Step 3: Prioritize cost-saving equipment choices.<\/h2>\n\n\n\n<p>A cost-effective lab setup starts with smart picks. Opt for multi-use tools\u2014like a centrifuge that handles multiple protocols\u2014over niche gear. Refurbished or leased equipment can also slash costs without sacrificing quality.<\/p>\n\n\n\n<p><a href=\"https:\/\/assets.thermofisher.com\/TFS-Assets\/LSG\/Flyers\/jump-start-for-biotech-new-lab-guide.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">The Jump Start New Lab Guide<\/a> suggests starting with versatile essentials and building out as revenue grows. Bonus: Our Jump Start discounts make those essentials even more affordable. Curious? <a href=\"https:\/\/www.thermofisher.com\/us\/en\/home\/global\/forms\/jump-start-biotech-program.html?erpType=Global_E1\" target=\"_blank\" rel=\"noreferrer noopener\">See how here.<\/a><\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-step-4-explore-flexible-financing-options\">Step 4: Explore flexible financing options. <\/h2>\n\n\n\n<p>Financing biotech labs doesn\u2019t mean locking into rigid loans or draining your cash reserves. Look for leases, deferred payments, or subscription models that match your cash flow. These options let you access innovative tech now and pay as your lab scales.<\/p>\n\n\n\n<p>At Thermo Fisher, we\u2019ve seen startups thrive by pairing our financing solutions with Jump Start\u2019s tailored discounts. It\u2019s like having a financial safety net\u2014built just for biotech.<\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-step-5-leverage-a-partner-like-jump-start\">Step 5: Leverage a partner like Jump Start. <\/h2>\n\n\n\n<p>Expanding a lab isn\u2019t just about money\u2014it\u2019s about time and sanity, too. Chasing vendors, haggling over prices, and juggling timelines can derail your focus. That\u2019s where the <a href=\"https:\/\/www.thermofisher.com\/us\/en\/home\/global\/forms\/jump-start-biotech-program.html\" target=\"_blank\" rel=\"noreferrer noopener\">Jump Start Program<\/a> shines.<\/p>\n\n\n\n<p>Think of us as your single resource: discounted equipment, financing flexibility, and setup support, all in one. We\u2019ve helped biotech startups and academic labs expand seamlessly\u2014our experience becomes your advantage. Ready to save big? <a href=\"https:\/\/www.thermofisher.com\/us\/en\/home\/global\/forms\/jump-start-biotech-program.html\" target=\"_blank\" rel=\"noreferrer noopener\">Join Jump Start today.<\/a><\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-thermo-fisher-makes-expansion-easier\">How Thermo Fisher makes expansion easier <\/h2>\n\n\n\n<p>Lab growth is a bold move, but it doesn\u2019t have to be a budget buster. With decades of experience, Thermo Fisher knows how to stretch your dollars and simplify the process. Our <a href=\"https:\/\/assets.thermofisher.com\/TFS-Assets\/BID\/Reference-Materials\/new-lab-checklist.pdf\">Jump Start Lab Checklist <\/a>and <a href=\"https:\/\/assets.thermofisher.com\/TFS-Assets\/LSG\/Flyers\/jump-start-for-biotech-new-lab-guide.pdf\">New Lab Guide<\/a> are packed with cost-saving wisdom\u2014and Jump Start brings it all to life with real support.<\/p>\n\n\n\n<p>Explore more resources on our <a href=\"https:\/\/www.thermofisher.com\/us\/en\/home\/global\/forms\/jump-start-biotech-program.html\">Jump Start Program hub<\/a>, or take the next step and <a href=\"https:\/\/www.thermofisher.com\/us\/en\/home\/global\/forms\/jump-start-biotech-program.html?erpType=Global_E1\">register now<\/a>. Let\u2019s make your lab expansion a win\u2014for your science and your bottom line.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>##<\/p>\n\n\n\n<p><em>\u00a9 2025 Thermo Fisher Scientific Inc. All rights reserved. All trademarks are the property of Thermo Fisher Scientific and its subsidiaries unless otherwise<\/em>&nbsp;<em>specified.<\/em><\/p>\n\n\n\n<p><em>For Research Use Only. Not for use in diagnostic procedures.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scaling a biotech lab is a thrilling milestone\u2014new experiments, bigger breakthroughs, maybe even a shiny new centrifuge. But the price tag? That can feel less exciting. Between equipment upgrades, space renovations, and compliance needs, costs pile up fast. How do you grow without breaking the bank? At Thermo Fisher Scientific, we\u2019ve guided biotech startups and<\/p>\n","protected":false},"author":537,"featured_media":4188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_monsterinsights_skip_tracking":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[976,4],"tags":[],"division":[],"class_list":{"0":"post-5011","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-connect-to-science","8":"category-general","9":"entry"},"_selected_authors":[],"_selected_reviewers":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Financing Your Lab Expansion with Flexible Options<\/title>\n<meta name=\"description\" content=\"Financing your lab expansion doesn&#039;t have to drain the budget. 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