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Economic Development Office

Tri-Cities Tech Business Update

May 2009 Issue

Student team wins award for tech-based business plan

A team of students in the Washington State University Tri-Cities business administration program tied for second place in the graduate division and won $8,000 in the university's annual business plan competition. The local team developed a business plan based on Pacific Northwest National Laboratory's in-line oil analysis technology. The plan focused on using the PNNL technology in the long-haul trucking industry to reduce costs associated with engine maintenance. The competition is organized by the Center for Entrepreneurial Studies in WSU's College of Business and included more than 130 competitors total in four divisions. The team developed the plan under PNNL's Technology Entrepreneurship Program that provides opportunities for students to research and evaluate the marketplace feasibility of some of the Laboratory's technologies. Contact at 509-372-4328.

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