Cultivating tech investment, new opportunities with Japan

Japan + Seattle A.I. Innovation Meetup 6.0 was an inbound trade mission connecting a dozen Japanese companies, including multinationals Mitsubishi Corporation, Fujitsu and Sojitz, with about 100 members of Washington’s tech startup community. The event is the sixth such business-to-business meetup since Commerce entered into a memorandum of cooperation with Japan and partnered with Tokyo-based Innovation Finders Capital and Orrick Herrington & Sutcliffe. Japan is keenly interested in artificial intelligence…

80,000 Washingtonians benefit from Housing Trust Fund investments

80,000 Washingtonians benefit from Housing Trust Fund investments

“Making sure every person has a suitable place to live is one of the most critical areas of focus at Commerce.” — Connie Robins, Commerce Deputy Director Hundreds of partners work with Commerce every year to support Washington State Housing Trust Fund and affordable housing projects, strengthening communities all across the state. At the recent Housing Washington Conference in Spokane, Commerce Deputy Director Connie Robins acknowledged the many contributions of…

Tech meets timber, bringing jobs to Spokane Valley

Tech meets timber, bringing jobs to Spokane Valley

We congratulate and welcome Katerra to Spokane Valley, Washington! The innovative California-based company will open a 250,000-square-foot plant to make engineered wood products used in its own and potentially other residential developments, including the new Pine Valley Ranch and River House Senior Apartments in Spokane. Working closely with Gov. Inslee and our associate development organization partners at Greater Spokane, Inc., Commerce provided a $150,000 grant from the economic development strategic…

Washington state #1 economy in America

Washington state #1 economy in America

The federal Bureau of Economic Analysis (BEA) numbers out this month place Washington state’s economy as the fastest growing in the nation in 2016. With a 3.7% GDP growth rate, our diverse economy continues to thrive at more twice the national rate.

Marine trades program supports good jobs in peninsula, island communities

Marine trades program supports good jobs in peninsula, island communities

Finding highly trained, ready skilled workers is a challenge for every industry, from information technology to aerospace. The marine trades are no different, and that sector is an important driver of economic vitality in many rural Washington communities, such as San Juan and Clallam counties. Commerce recently provided several grants from the strategic economic development account – a fund drawing from unclaimed Lottery dollars – to support customized training programs…