Washington Technology Center recently awarded grants to eight Washington researchers teamed with companies to commercialize new technologies.
WTC’s Research and Technology Development (RTD) award winners are Advanced Electroluminescent Sciences, Woodinville; Aegis Biosciences, Spokane; Arcadia Bioscience, Seattle; Cascade Quality Molding, Inc., Yakima; Insilicos, Seattle; Northwest Marine Technology, Anacortes; Tree Top, Selah; and Vaagen Brothers Lumber, Inc., Colville.
Through support from WTC, these collaborative partners are working to revolutionize everything from cardiovascular disease detection to commercial wheat crops. Projects include such breakthrough discoveries as “smart” dressings that treat chronic wounds, vaccinations for fish, biodegradable plastic cutlery, tastier breakfast cereal, energy-efficient light bulbs, and durable decking materials.
WTC awards funding through its RTD grants program to university researchers teamed with entrepreneurial technology companies on projects that show commercial potential.
The process is competitive and the goal is clear: to transition our state’s most promising innovations into commercial products, company growth and high-wage jobs. Over the last ten years, the Washington Technology Center has supported 285 technology commercialization projects through its RTD program. This seed funding and commercial feasibility endorsement has proved effective in helping these technologies mature into commercially-viable ventures. From this initial funding, these companies are better able to attract add-on funding from federal grants, angel investors, and industry partners. In a 2005 impact study, RTD grant winners reported receiving more than $23 million in additional investment as a result of WTC’s support.
To read project summaries, click on the company name.
* Advanced Electroluminescent Sciences, Woodinville
* Aegis Biosciences, Spokane
* Arcadia Biosciences, Seattle
* Cascade Quality Molding, Inc., Yakima
* Insilicos, Seattle
* Northwest Marine Technology, Anacortes
* Tree Top, Selah
* Vaagen Brothers Lumber, Inc., Colville
Related WTC links:
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