A new biotech incubator designed to support early-stage startups, entrepreneurs, and researchers launched earlier this year, further fueling the recent growth of the Inland Northwest life sciences industry.

When Best Buy Co., Inc. approached JD Claridge to ask if his company, XCraft Enterprises Inc., could potentially step in as the retailer phased out Chinese-made drones, Claridge seized the opportunity, landing a $1 million purchase order that could put the Hayden-based manufacturer on the national stage.

Spokane-based fintech company Treasury4 Inc. has acquired TreasuryGo Inc., a Seattle-based company that offers a cloud-based software-as-a-service application that simplifies complex treasury workflows and data management.

At an early age, James Connelly, 38, developed a passion for sustainability, environmental responsibility, and economic development. His passion has remained a guiding force in his career, through which Connelly continues to make an impact on a global scale.

Brian Jon Garvey has come up with his next invention: a dual-propulsion fin system that could power Navy SEALs through the ocean at 15 mph, dubbed JetFinz. 

Led by Whitworth University’s engineering and physics professor Phillip Measor, a team of faculty members and undergraduate students have launched the universities first corporate spinoff, Pacific Microdevices Corp. 

RiverBank Holding Co. has teamed up with cannabis banking compliance company Green Check Verified, Inc. in a partnership that aims to grow the Spokane-based organization’s deposits, lending power, and national footprint, without building a single new location.

Earlier this month, the Journal of Business hosted Mark Norton, executive director of the Northwest I-90 Manufacturing Alliance, for its most recent Elevating The Conversation podcast about Aerospace & Innovation in the Inland Northwest.

Pinecroft LLC, developer of the Pinecroft Business Park in Spokane Valley, started construction in June on a $12 million office building that will be occupied by Seattle-based F5 Inc., a tech company that specializes in application security and multi-cloud management.