Ignite 25+5 Awards with the Journal of Business! - Feb 18

Thursday, February 18, 2021

Ignite and the Spokane Journal of Business are celebrating the most radical, creative and fastest growing companies at the the 25+5 Awards on Thursday, February 18th at 4:00 pm.  Click here to register for your virtual seat to hear from featured speaker Tyler Lafferty and to cheer on the best emerging companies in the Spokane / Coeur d'Alene / Sandpoint region!  Awards include Most Radical Product or Service, Most Likely to Break $100 million in Revenue Within 5 Years and Coolest Company Culture. 


Ignite loaned $1.5 million to qualified entrepreneurs in 2020 through its Technology Growth and Emerging Growth Funds.  Companies funded include Continuous Composites, GenPrime, and Vega.

Mind to Market invested $100,000 in two companies, Inherent BioSciences and Vega.

Twelve presenting companies to the SAA raised a total of $16.8 million in 2020. This includes six entities raising $5.8 million in first round financings and six companies raising $11.0 million in follow-on financings.
Representative investments include a $4.7 million Series A financing for Spiceology, a $2.3 million Series Seed for Vega and a $700,000 follow-on financing for Medcurity.
These financings included participation from five different out-of-region venture capital funds including Voyager, SeaChange and WRF Capital.
Members of the SAA have invested a total of $61.4 million in 55 companies since inception. Outside of the SAA, presenting businesses have raised $210.4 million in additional capital from other investors. Of the 55 companies, eight have produced favorable exits and 37 remain active.