Commerce Awards First Round of Economic Development Grants to Five High-Growth Industries

VERTical Innovation Cluster logo.

Recognizing that supporting innovation is essential to driving the transformation of legacy industries and rise of new clusters that will fuel statewide economic growth, the Washington State Department of Commerce recently launched the first cohort of an Innovation Cluster Accelerator. Five organizations will each receive up to $550,000 along with strategic guidance and support to build and run an innovation cluster in a target industry.