Formerly known as the Washington Technology Center (WTC), Innovate Washington is an economic development group that accelerates technology-based innovation through a collaborative ecosystem. The organization brings together entrepreneurs, large companies, state government, investors, and industry leaders. Innovate Washington develop strategies for Washington's important business sectors: aerospace, agriculture, life sciences, information & communication technology, and advanced materials/manufacturing. The group operates three separate innovation centers: the Innovate Washington Building (12,000 square feet of contemporary office space); Spokane Technology Center (mixed-use facility that offers 28,000 square feet of wet lab, light manufacturing and office space); and APEL (Eastern Washington technology business startup center with engineering and manufacturing scale space, as well as wet labs, bio labs, and electronic laboratories). Innovate Washington actively works with Boeing's Technology Sourcing, Evaluation and Integration team to identify new technologies that address a variety of Boeing's current and future technology needs. The group assists with raising capital through introductions made to regional investment groups, loans from the Technology Growth Fund (TGF), awards through the Energy Innovation Fund, or research grants from the federal SBIR/STTR program.