Advanced Regenerative Manufacturing
The Advanced Regenerative Manufacturing Institute (ARMI) is a nonprofit organization classified as a 501(c)(6) business league, headquartered at 400 Commercial Street in Manchester, New Hampshire. Founded in 2016, ARMI operates as a member-driven organization with approximately 94 employees. The institute functions as a public-private partnership with the Department of Defense through its BioFabUSA program.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.9M
+30.5% YoY
Annual Giving
$17.5M
+63.7% YoY
Grant Count
26
-21.2% YoY
Avg Grant Size
$674K
+107.8% YoY
Mission & Focus Areas
ARMI's mission is to make practical the scalable, consistent, and cost-effective manufacturing of engineered tissues and tissue-related technologies, to benefit existing industries and grow new ones.
The organization's work addresses a critical gap in the field: while significant breakthroughs in cell biology, biofabrication, and materials science have occurred over the past decade, the tissue engineering field remains fragmented and lacks a mechanistic framework for translating research into manufactured products.
Primary focus areas include:
- Biofabrication and tissue engineering
- Biotechnology research
- Manufacturing process development
- Workforce development and training
- Regulatory pathway navigation
Grantmaking
ARMI functions primarily as a grant recipient and research coordinator rather than a traditional grantmaker. However, the organization does provide grants to support its mission-aligned work.
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Geographic Focus
Where this funder awards grants
ARMI's grantmaking operates nationally, with primary concentration in:
- New Hampshire
- Massachusetts
- California
The organization is headquartered in Manchester, New Hampshire, which serves as the geographic center for the broader biofabrication cluster initiative.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of December 2023):
- Total assets: $29,045,430 to $37,903,038 (figures vary by reporting source)
- Annual revenue: $26,819,069 (2023)
- Annual expenses: $26,300,000 (2023)
- Total liabilities: $11,400,000 (2023)
- Total giving: $18,273,920
Funding History: ARMI has received approximately $500 million in combined federal funding and in-kind contributions since 2017, including:
- $100 million from the Department of Defense
- $44 million from the federal Tech Hubs program (July 2024)
- $95 million in total funding across multiple rounds
The organization reported conflict of interest transactions in its December 2023 tax filing.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $37,903,038 | $29,045,430 | $28,649,661 |
| Revenue | $41,521,294 | $26,819,069 | $30,061,391 |
| Expenses | $38,916,172 | $26,309,774 | $27,499,747 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $117,957 | $102,808 | $9,695 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
171 grants across all recorded years
Open Grants
2 open opportunities from Advanced Regenerative Manufacturing
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include BETA Technologies Inc ($13,047,812), DEKA Integrated Solutions Corp ($1,088,937), MxD USA ($697,991).
| Recipient | Purpose | Amount |
|---|---|---|
| Advanced Solutions Life Sciences Louisville, KY | See Part IV | $27,674 |
| Applied Biosensors Salt Lake City, UT | See Part IV | $130,904 |
| Arizona State University Tempe, AZ | See Part IV | $151,108 |
| Auburn University Auburn, AL | See Part IV | $47,707 |
| Axogen Corp Alachua, FL | See Part IV | $131,376 |
| BETA Technologies Inc South Burlington, VT | See Part IV | $13,047,812 |
| Boston University New York, NY | See Part IV | $213,111 |
| Cell X Woburn, MA | See Part IV | $92,049 |
| Dartmouth College Hanover, NH | See Part IV | $137,379 |
| DEKA Integrated Solutions Corp Manchester, NH | See Part IV | $56,745 |
Leadership & Key People
Leadership team and compensation from IRS filings
Dean Kamen is identified as the founder and key figure behind ARMI's launch in 2017, leading the biofabrication initiative in Manchester.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dean Kamen | Executive Director | 5 | — |
| Martine Rothblatt | Board Member | 1 | — |
| John Abele | Board Member | 1 | — |
| Jim Weinstein | Board Member | 1 | — |
| Blake Moret | Board Member | 1 | — |
| Elisabeth Reynolds | Board Member | 1 | — |
| Winston Oluwole Soboyejo | Board Member | 1 | — |
| Brendan Duffy | Treasurer | 1 | — |
| Maureen Toohey | Deputy Executive Director | 15 | — |
| James Scott | Chief Administrative Officer | 8 | — |
| Jennifer MacDonald | Chief Operating Officer | 40 | $241,212 |
| Thomas Deyak | Chief Finance Officer | 40 | $179,066 |
| Richard McFarland | Chief Regulatory Officer | 40 | $219,125 |
| Julie Lenzer | Chief Innovation Officer | 40 | $204,908 |
| Daniel Behr | Lead Executive in Residence, HTH | 40 | $199,119 |
| Edward Gordon | Chief Commercialization Officer | 40 | $193,103 |
Recent News & Activity
Recent developments and announcements
**Federal Funding Announcements:**
In July 2024, ARMI was awarded $44 million from the federal Tech Hubs program, with Deputy Commerce Secretary Don Graves formally announcing the award in Manchester. This funding supports the broader ReGen Valley initiative, which has received nearly $500 million in total investment since 2017.
ARMI project secures $100 million from Department of Defense - NH Business**Regional Development:**
ARMI leads the NextGen Manchester biofabrication cluster initiative, a coalition of community stakeholders established in 2023 to position Southern New Hampshire as the global epicenter for regenerative tissue and organ production. The cluster received $44 million through the Build Back Better Regional Challenge grant (awarded fall 2022) and is developing:
Saint Anselm Awarded ARMI Grant for Ethics in BiofabricationThe BioFab Foundry in Manchester's historic Millyard for clinical and commercial manufacturing
An Innovation & Training Center
A BioFabrication Startup Lab & accelerator
A Work & Learn program in partnership with local universities
Pilot stations for logistics infrastructure
**Partnerships:**
Key collaborating organizations include Southern New Hampshire University, University of New Hampshire, Manchester Transit Authority, Manchester-Boston Regional Airport, and the Southern New Hampshire Planning Commission.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Advanced Regenerative Manufacturing fund?
ARMI's mission is to make practical the scalable, consistent, and cost-effective manufacturing of engineered tissues and tissue-related technologies, to benefit existing industries and grow new ones. The organization's work addresses a critical gap in the field: while significant breakthroughs in cell biology, biofabrication, and materials science have occurred over the past decade, the tissue engineering field remains fragmented and lacks a mechanistic framework for translating research into m…
How do I apply for a grant from Advanced Regenerative Manufacturing?
ARMI functions primarily as a grant recipient and research coordinator rather than a traditional grantmaker. However, the organization does provide grants to support its mission-aligned work. **Grant Activity:** • Total giving reported at $18,273,920 (based on 2024 IRS Form 990) • Typical award range: $5,732 to $13,047,812 • Funding focus areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services **Recent Grant Awards:** ARMI has awarded grants to support ethics in bio…
Where does Advanced Regenerative Manufacturing make grants?
ARMI's grantmaking operates nationally, with primary concentration in: • New Hampshire • Massachusetts • California The organization is headquartered in Manchester, New Hampshire, which serves as the geographic center for the broader biofabrication cluster initiative.
What size grants does Advanced Regenerative Manufacturing award?
In 2024, Advanced Regenerative Manufacturing awarded 26 grants totaling $17.5M — an average of about $674K per grant, based on its IRS Form 990 filings.
What is Advanced Regenerative Manufacturing's EIN?
Advanced Regenerative Manufacturing's EIN (Employer Identification Number) is 81-3327581. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Advanced Regenerative Manufacturing's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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