Funding intended to attract and expand manufacturing activity and job creation in rural Washington OLYMPIA, WA—The Washington State Department of Commerce has awarded $2 million in grants to eight projects that will expand the state’s portfolio of project-ready industrial sites, with incentives for private investment. The one-time grants will help publicly owned sites become more competitive for business attraction and investment. County governments, port districts and tribal governments submitted proposals…
Tag Archives: Economic development
Washington’s first-in-the-nation clean buildings fellowship selected for $7.78 million federal grant
More than 60 Building Efficiency and Clean Operations Network (BEACON) fellows to be trained, credentialed, paired with communities statewide to help buildings save energy and money OLYMPIA, WA – The U.S. Department of Energy has selected the Building Efficiency and Clean Operations Network (BEACON), a Department of Commerce project supporting Washington’s first-in-nation Clean Buildings Performance Standard, for a $7.78 million grant. Commerce partnered with the Smart Buildings Center Education Program,…
Gamesight, House of How, One More Game will participate in world’s largest computer and video games tradeshow Aug. 21-26 in Cologne, Germany OLYMPIA, WA – Three Washington state companies will join international trade experts from the Department of Commerce at Gamescom, taking place in Cologne, Germany, Aug. 21-26. This is the first state-sponsored trip to the world’s largest tradeshow for computer and video games. Gamescom draws hundreds of thousands of…
Clean technology, key community initiatives fill agenda throughout Skagit County as state commerce director continues travels to all 39 Washington counties SKAGIT COUNTY, Wash. — Washington State Commerce Director Mike Fong today toured the Sedro-Woolley Innovation for Tomorrow (SWIFT) Center, the first stop on an agenda in Skagit County that also included Sedron Technologies, the Economic Development Alliance of Skagit County, and Triumph Teen Life Center and the Library Commons…
Commerce is pleased to share this great news announced today by our partners at Columbia River Economic Development: Vancouver, WA — The Columbia River Economic Development Council (CREDC) announces the award of $300,000 from the state’s Economic Development Strategic Reserve Fund (SRF) to Analog Devices, Inc. (ADI) to support employee training and upskilling in Clark County, WA. ADI is a global semiconductor leader that combines analog, digital, and software technologies into solutions…
Applications open for two new loan programs: Owner-Occupied Commercial Real-Estate and Small Business Flex Fund 2 OLYMPIA, WA – The Washington State Department of Commerce has launched the first of five planned small business loan and investment programs aimed at increasing access to capital for small businesses in Washington state, particularly those that have been historically underserved or underbanked. A total of $163 million in funding comes from the U.S.…
Second round of Evergreen Manufacturing grants anticipate creating up to 526 new jobs over three years OLYMPIA, WA – The Washington Department of Commerce today announced $2 million in grants to accelerate manufacturing job growth and economic opportunity across the state, with a focus on rural communities. Ten projects were awarded $200,000 each through the Evergreen Manufacturing grant program. Together, the projects anticipate supporting up to an estimated 526 jobs…
Commerce Director Fong announces first round of grants to assist Washington state applications for millions in federal funds OLYMPIA, WA – The Washington Department of Commerce today announced the first two rounds of grants from a new program designed to assist communities in capturing opportunities to receive a share of billions in federal funding currently available to states. The Securing Federal Funding Initiative, funded by the Washington State Legislature, supports…
Commerce study outlines priorities, strategies to grow creative sector which represents nearly 20% of total state economic production OLYMPIA, WA – The creative sector accounts for nearly 20% of Washington state’s economy, contributing nearly $120 billion annually to the state GDP, according to a report released today from the Washington State Department of Commerce. The report, produced with the assistance of the Creative Economy Strategic Work Group and lead contractor…
New tax credit program will award grants to qualified lending institutions to provide businesses in historically underserved communities with access to credit. OLYMPIA, WA – Businesses and individuals with state Business and Occupation Tax (B&O) liabilities can earn tax credits by contributing to the state’s new Equitable Access to Credit program, launched in August. Cash contributions to the program can receive a dollar-for-dollar tax credit from the Department of Revenue…