A group of 20 early-stage life sciences startups in Washington each received $25,000 grants, part of an effort to fuel the “next generation” of life science innovation in the state. The awards, which total $500,000, aim to help drive advancements in medications, medical devices, and diagnostic testing. In addition to funding, grant awardees will receive technical assistance, according to a news release.
The grant program was facilitated through a partnership between the Life Science Washington Institute and Washington State Department of Commerce. It was funded through cash returned to the state’s Life Sciences Discovery Fund.
The awards prioritized startups outside King County, as well as those that are women-led or socially or economically disadvantaged across the state.