Sirti Technology Growth Fund proves to be a critical source of growth capital for innovative companies
November 18, 2009: The Sirti Foundation Board and the Business Development Corporation of Eastern Washington recently completed three additional loans via the Sirti Technology Growth Fund (TGF). Pacinian, LiteCheck, and SzenCorp each received a capital infusion to fund continued growth and development. Since May of 2007, the TGF has provided 11 business acceleration loans to Inland Northwest technology companies for a total of $3,145,000.
Read More
Innovation continues to thrive at Sirti
May 15, 2009: Sirti, a Washington State economic development organization focused on accelerating the development and growth of technology companies in the Inland Northwest, announced today the addition of four new on-campus clients. EFRsource recently moved into the Sirti Technology Center. Guerilla Development and Barr-Tech moved into the Sirti Building on Riverpoint Boulevard, and SiteCrafting will open their Spokane operations there on July 1st.
Read More
Washington Biotechnology & Biomedical Association (WBBA) and Sirti partner to grow Life Sciences Companies in Eastern Washington
May 5, 2009: The Washington Biotechnology & Biomedical Association (WBBA) and Sirti announced today a collaborative partnership to focus their joint organizational strengths to stimulate the growth of the life science industry in Eastern Washington.
Read More
Delta Business Training latest to receive market acceleration loan via Sirti Technology Growth Fund.
March 19, 2009: The Sirti Foundation Board and the Business Development Corporation of Eastern Washington announced today that they have completed a loan to Delta Business Training in the amount of $300,000 via the Sirti Technology Growth Fund (TGF). The funds will provide the growth capital needed to satisfy growing demand for the firm’s products. The loan is the third provided by the Sirti Technology Fund in 2009 and brings the total amount of financing provided to $970,000 this year and $2,290,000 since the program’s inception.
Read More
Startup seeks to put 'touch' into touch screens
February 27, 2009: Pacinian Corp., a Spokane startup, believes it's at the cusp of a breakthrough that users of cell phones and other computing devices will love to get their fingers on.
Read More
Two Inland Northwest technology companies tap Sirti Technology Growth Fund for market acceleration
February 25, 2009: The Sirti Foundation Board and the Business Development Corporation of Eastern Washington announced today that they have completed two recent loans totaling $670,000 via the Sirti Technology Growth Fund. IBQ Systems and GeoData Technologies received a capital infusion to fund continued product innovation and market development.
Read More
Pacinian receives infusion of capital from Sirti Technology Growth Fund.
December 17, 2008: The Sirti Foundation Board and the Business Development Corporation of Eastern Washington announced today that they have completed a $350,000 loan via the Sirti Technology Growth Fund to Pacinian Corporation, a Spokane based developer of revolutionary HapticTouch™ technology for computing and consumer electronic devices. The funding will be used to fulfill a development contract with a Fortune 100 electronics manufacturer and pursue new market opportunities.
Moscow high-tech company inks flashlight licensing deal
Ivus Energy Innovations Inc., a Moscow-based company that gets help from Spokane's Sirti, has inked a marketing and equity agreement with a California safety-gear company that will distribute worldwide a line of flashlights using technology Ivus developed.
Read More
A Penchant for problem solving
November 18, 2008: Kim Zentz loves a challenge. Zentz has been at the helm of Sirti, a Washington state economic-development agency that assists technology startups here, for the past three years after taking the postwhen the agency was in the midst of a tumultuous evolution and expansion.
Read More
IVUS Energy Innovations secures capital to fund growth
August 28, 2008: IVUS Energy Innovations announced today that they have successfully secured nearly $750,000 in capital to fund final prototyping and production build-out of their first product – a mission critical professional flashlight that fully recharges in less than 90 seconds utilizing ultracapacitor technology and patented Flashpoint Power Technology™. A product and technology development company, IVUS is committed to bringing alternative energy technology to mission critical, mobile electronic products. Company headquarters are based in Moscow, Idaho and a Spokane, Washington office is located in the Sirti Technology Center. IVUS raised $375,000 in equity financing from three northwest angel investment groups with Ponderosa Capital, LLC taking the lead position. An additional $370,000 loan was secured via the Sirti Technology Growth Fund.
Read More