Receives $500,000 grant to help expand contract services across the region.
On April 7, 2022 Contract Pharma reported:
The Washington State Department of Commerce has awarded a $500,000 Innovation Cluster Accelerator grant to Evergreen Bioscience Innovation to build a bioscience innovation cluster in the Spokane, WA region. The team is led by Greater Spokane Inc. (GSI) 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 says its 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.
“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,” said Stacia Rasmussen, health and life science business development manager of Greater Spokane Inc. “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.”
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.
Michaele Armstrong, associate director, SP3NW, said, “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.”