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A bureau within the U.S. Department of Commerce
OIE Background

Office of Innovation and
Entrepreneurship (OIE)

Port Of Benton


Richland, WA

Project Name

Seed Tri-Cities Fund Development Project


Seed Fund Support

Award Amount

Federal Share

Non-Federal Share



Port of Benton will recruit and empower seed-stage investors, educate CEOs of early startups, foster cross-sector collaboration, market a Tri-Cities fund and, ultimately, grow the Tri-Cities Research District’s (TCRD’s) entrepreneurial ecosystem. The project will expand the pool of available investment capital and supportive educational resources for local startups in southeastern Washington State, while further capitalizing on the energy and technology-based research at the Pacific Northwest National Laboratory (PNNL). Within eight years, the Port expects to have supported the creation of 75 companies and 546 jobs.