Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published January 18, 2007 at 12:00 AM | Page modified January 18, 2007 at 4:01 PM

E-mail article     Print view

Private backers chip in $3 million for Life Sciences Discovery Fund

Amgen, Microsoft, Regence BlueShield, the Bill & Melinda Gates Foundation, and the Paul G. Allen Family Foundation chipped in on the first significant gift...

Seattle Times business staff

The state's Life Sciences Discovery Fund, an effort to channel more state resources toward research that could bolster the biotech industry, today announced a $3 million donation from five of the biggest names in corporate and private giving locally.

Amgen, Microsoft, Regence BlueShield, the Bill & Melinda Gates Foundation, and the Paul G. Allen Family Foundation chipped in on the first significant gift the fund has announced since it was created by the Legislature in 2005.

The fund will hand out $350 million in tobacco settlement money over 10 years beginning in 2008.

Today's gift gives the fund a head start. The $3 million will back an initial grant program for projects aimed at improving health care quality and efficiency through technology.

The fund is holding public information sessions around the state this month in advance of its first request for proposals related to the initial grant.

Copyright © 2007 The Seattle Times Company

More Business & Technology headlines...

E-mail article Print view      Share:    Digg     Newsvine

advertising

UPDATE - 12:34 AM
Bill Clinton meets with Senate Dems on health care

Credit-card holders to pay the price for banks' struggles

Kraft's offer for sweets giant Cadbury turns bitter after rejection

Fewer fliers expected over holidays

Big bonuses coming at 3 big banks

Advertising

Video

Ken Auletta talks about "Googled"
Ken Auletta talks about Google with Brier Dudley at the Seattle Central Library.

Medal of Honor
Pelosi answers questions at Swedish Medical Center
Pelosi speaks at Swedish Medical Center
"Pistol" Pete Ryan
Mourners gather at KeyArena for slain officer's memorial
Procession for slain SPD officer
Election Night: Approve R-71
Election Night: Reject R-71
Election Night: Joe Mallahan

Marketplace

nwautos

2009's most fuel-efficient sedansnew
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment

Open Houses

Find this weekend's open house listings.
Or search by location:

 
Most read
Most commented
Most e-mailed
 
 
Advertising