The Massachusetts Life Sciences Center (MLSC) announced the launch of the 2016-17 Internship Challenge program. This year’s program will feature a $700,000 increase in funding, an increase in the maximum reimbursable pay rate for interns from $15/hour to $17/hour, and a new incentive for long-term hiring by participating companies. Under the new hiring incentive companies that offer a long-term position to a participating intern will be able to receive funding for a replacement intern.