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The Evergreen State is considered to be one of the strongest economic districts in America. Washington ranked as the number one state for business development in 2017, with information technology as their strongest industry. Holding the largest number of STEM workers and second-highest amount of yearly patent claims, this state is known for its rapid innovation and high-tech solutions.
Retail trade is currently the state’s third most profitable industry, generating more than $47.2 billion per year in revenue. Real estate and manufacturing industries follow closely behind, as well as professional and business services for enterprises of all sizes. Bolstered by enormous growth, it’s clear that Washington phone numbers provide substantial opportunities to small businesses and startups.
As they grow, newer Washington businesses often turn to incubation or acceleration programs to become more competitive in the marketplace.
Established by Microsoft’s co-founder Paul Allen, the AI2 provides incubator and accelerator services to tech startups in the artificial intelligence industry. Long-term financing is provided, along with mentorship and cutting-edge technology. Startups don’t need to be located in Seattle to apply.
This unique incubator focuses on businesses in healthcare tech or innovation. Resources include the Impactful Innovation Exchange, a platform for sharing new ideas, and a data resource directory. Four major programs are provided: Under the Boughs, 5 Points of Healthcare, TRAILS, and the Innovator Fellowship.
Startups in the cleantech space are welcome to apply for membership in the CCA. Mentorships and industry networking combine with exposure and investment opportunities to build successful businesses. Qualified applicants are encouraged to attend CCA’s cleantech conferences and showcases throughout the year.
University of Washington’s flagship incubator focuses on early-stage startups for a variety of industries. Life sciences, hardware, and technology businesses each have access to their own lab spaces, equipment, and learning seminars. Personal office spaces are also provided to specific applicants.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry