GSI has announced a $500,000 Innovation Cluster Accelerator grant awarded to Evergreen Bioscience Innovation (Evergreen Bio) to build a bioscience innovation cluster in the Spokane region. The Evergreen Bio is led by GSI, in partnership with SP3NW. This is a culmination of work by GSI and community partners to build our life sciences industry and further its mission to lead transformative business and community initiatives to build a robust regional economy. Read more in the media release below.
(SPOKANE, Wash.) – The Washington State Department of Commerce has awarded a $500,000 Innovation Cluster Accelerator grant to Evergreen Bioscience Innovation (Evergreen Bio) to build a bioscience innovation cluster in the Spokane region. The successful team is led by Greater Spokane Inc. in partnership with SP3NW. Washington’s Innovation Cluster Accelerator is one portion of work supported by a $15 million CARES Act Investment by the U.S. Department of Commerce Economic Development Administration.
The grant dollars will grow an industry-led business development organization and drive initiatives to build a world-class health and life science contract service industry in the region. Evergreen Bio’s mission is to make the Mountain Northwest and Washington State a magnet for companies providing and consuming expert life and health science contract research, development, and manufacturing services. They will do this by promoting industry “co-opetition,” prioritizing projects to address industry needs, and acquiring, developing, and retaining top talent.
Multiple organizations and key champions have been instrumental in the success of this award, including SP3NW, Katrina Rogers Consulting, HSSA, Clear Solutions Biomedical, VectorPoint Ventures, Johnston Engineering, and Alturas Analytics/Needham Scientific.
“This is a very exciting opportunity that is building on a lot of the community’s great work. Evergreen Bio is what comes next from VISION 2030, the Elson S. Floyd College of Medicine, SP3NW, and new investments from Jubilant HollisterStier and Selkirk Pharma. Contract services across the region has been identified as a gap and Evergreen Bio can lead the economic advantage of local supply chain sourcing for pharmaceutical and medical device contract services companies. We will have the opportunity to catapult our community into one of the leaders in life science services,” said Stacia Rasmussen, Health & Life Science Business Development Manager of Greater Spokane Inc.
Evergreen Bio is focusing on five key initiatives to promote bioscience innovation including a Thriving Industry, Total Mountain Northwest Supply Chain, Global Entrepreneurship Hub, 21st Century Talent, and a World-Class Cluster. Evergreen Bio will be the home for synergistic regional initiatives across these focus areas.
“Growing life sciences in Spokane requires a strong entrepreneurial community supported by financial opportunities. SP3NW is proud to be a part of the team bringing Evergreen Bio into existence. We already have strong interest from the private sector, entrepreneurs, finance, government, and education from current work with parallel aims of the FIRE grant programs. The grant will give us the ability to grow on this success,” said Michaele Armstrong, Associate Director of SP3NW.
About the Evergreen Bioscience Innovation
Evergreen Bioscience Innovation (Evergreen Bio) is a corporate industry-led, member-based organization that includes partners from the five economic segments of government, capital, academics, entrepreneur, and corporate. The mission of Evergreen Bio is to make the Mountain Northwest and Washington State a magnet for companies providing and consuming expert life and health science contract research, contract development, and contract manufacturing services of medicines and medical devices, by enhancing workforce development and services to pharmaceutical and medical device companies. Evergreen Bio’s purpose is to develop and promote collaborative relationships facilitating regional business growth by prioritizing and assisting in funding projects that increase our collective value as an integrated biosciences supply chain, which will expand name recognition and awareness of contract services provided within our region.
About Greater Spokane Inc.
Greater Spokane Inc. (GSI) is the Spokane region’s business development organization. GSI creates the place where organizations come together to advocate for the region, drive strategic economic growth, and champion a talented workforce. GSI is funded through a combination of private and public investment, including over 800 private-sector members; Spokane County; Washington State Department of Commerce; and the cities of Spokane, Spokane Valley, Cheney, Deer Park, Liberty Lake, Airway Heights, Medical Lake, Millwood, Newport, and the Kalispel Tribe of Indians. For more information visit GreaterSpokane.org.
About SP3NW and the FIRE grant programs
SP3NW is an early-stage, life sciences incubator located in the University District of Spokane. In alignment with the land grant mission of WSU, SP3NW supports the bench-to-business and business-to-consumer paradigm. Through the four programs of our EDA-supported Flexible Infrastructure for Resilient Entrepreneurship (FIRE), we help to grow companies with innovative new products across Washington, Idaho, and Montana. For more information visit sp3nw.org.
Article Source: Greater Spokane