Life Science WA Institute announces new grants at East West Summit
Wednesday, June 14, 2023
Life Science Washington Institute is proud to announce two new grant programs, the SBIR/STTR Matching Fund and Washington Competes, to expand the pipeline of diverse and early-stage companies located throughout Washington.
The new grants were unveiled at today's East West Life Science Summit in Spokane as part of a larger discussion among medical innovators about the challenges startups and entrepreneurs face in serving rural and underserved populations.
Each grant program can award up to $25,000 to Washington-based life science companies that are developing technologies that will improve the health and wellbeing of Washington citizens. The new grants are made possible through a partnership between the Washington State Department of Commerce and LSW Institute to redeploy money that was returned to the state’s Life Sciences Discovery Fund.
The SBIR/STTR Matching Fund program will focus on supporting companies outside of King County, where SBIR/STTR awards have been less common. The Washington Competes program will be open to all Washington-based life science companies but will prioritize companies outside of King County, as well as companies that are women-owned or socially or economically disadvantaged.
Each new grant program will have an information session when the full solicitation is released on June 23, 2023.
