Nordic mission Day 4: Maritime innovation takes center stage

Nordic mission Day 4: Maritime innovation takes center stage

Exploring the fascinating future of maritime with our Norwegian partners We were welcomed to Norway with a briefing from the US Embassy and American Chamber of Commerce in Oslo. After being properly equipped with local knowledge, we traveled to Horten, to spend the day with Kongsberg Maritime. The Norwegian-owned company is a strong maritime partner and investor in Washington state, both through Kongsberg Underwater Technology located in Lynnwood, WA and…

Update from the Nordics: Celebrating collaboration with Finland

Update from the Nordics: Celebrating collaboration with Finland

Exploring clean fuels, quantum computing, the future of maritime and celebrating collaboration with Finland The past couple of days have been extremely exciting and productive, including a visit to Neste World Headquarters in Espoo, Finland. Originally an oil and gas company, Neste is now the leading supplier of renewable diesel and sustainable aviation fuel to the U.S. as well as a supplier of renewable diesel and recycled and renewable plastics.…

Nordic Trade Mission: Day 1

Nordic Trade Mission: Day 1

Finland visits offer insight on industry transformation through 5G, nuclear waste management & more The familiar comfort of rainy Finnish skies welcomed Commerce’s Innovation Cluster delegates on our first day of the Washington state trade mission to the Nordic region. The day began with a briefing from the U.S. Ambassador to Finland, Douglas Hickey and his staff. We visited the Nokia Experience Center, learning about work to bring internet conductivity…

Washington state receives $1.4 million SBA grant to boost small business exports

Washington state receives $1.4 million SBA grant to boost small business exports

More than $562 million in sales attributed to State Trade Expansion Program (STEP) since inception OLYMPIA, WA – The U.S. Small Business Administration (SBA) has awarded the Washington State Department of Commerce a tenth year of funding to help state small businesses grow through exporting. The $1.4 million grant to Washington, part of the SBA’s State Trade Expansion Program (STEP), is one of the two largest awarded from a total…

Local businesses invited to tap into global growth strategies at Sept. 8 exporting conference featuring expert trade panels

Local businesses invited to tap into global growth strategies at Sept. 8 exporting conference featuring expert trade panels

SEATTLE, WASHINGTON (August 23, 2022) – Greater Seattle Partners in collaboration with the Washington State Department of Commerce, Port of Seattle, and Coupang is hosting a conference offering small and medium-sized businesses the opportunity to learn more about growth through exporting with an emphasis on the South Korean market. Small Business Growth and Resiliency Through Export Opportunities in U.S.-Korea Trade is Sept. 8 from 9 a.m. – 5 p.m. PT…

Washington state receives $2 million SBA grant to boost small business exports

Washington state receives $2 million SBA grant to boost small business exports

Nearly $760 million in sales attributed to State Trade Expansion Program (STEP) since inception OLYMPIA, WA – The U.S. Small Business Administration (SBA) has awarded the Washington State Department of Commerce a tenth year of funding to help small businesses grow through exporting. The $2 million grant is part of the SBA’s State Trade Expansion Program (STEP). Commerce will use the funds to continue a number of successful export assistance…

Washington’s leaders focus on opening up international trade opportunities for small businesses

Washington’s leaders focus on opening up international trade opportunities for small businesses

Commerce now has in-country representation in 10 countries helping our state’s small businesses grow through exporting and international business partnerships The math speaks for itself. Export opportunities are a winning opportunity for Washington businesses. · Jobs: At least one in four jobs in Washington state is connected to exports. The state’s economy is more closely aligned with international trade than any other state. · Markets: More than 80% of the…

Community visits validate strength in partnerships

Community visits validate strength in partnerships

Summertime is perfect for getting out on the road to check in with the many partners who help Commerce fulfill our mission of strengthening communities. I enjoy nothing more than learning directly from individuals and organizations across the state how we are doing and how we can do better at improving the lives of the people we serve. There are too many highlights to talk about in this brief update…

First impressions, crucial conversations

By Lisa Brown, Director It’s hard to believe that a month has passed since I accepted Gov. Inslee’s appointment to lead the Department of Commerce. I knew this was going to be an exciting opportunity for me to apply my experience in government, health science and economics to advance the agency’s mission of strengthening communities all over the state. If these first weeks are any indication, I’m in for a…

UPDATE: Trade Wars and Tariffs

UPDATE: Trade Wars and Tariffs

In recent weeks, trade policies, tariffs and retaliatory actions are in the news almost daily. Washington state’s economy is more focused on international trade than any other U.S. state – nearly 40 percent of jobs here are tied to trade. That has drawn the attention of local, national and international media seeking to understand what the Trump Administration’s policies and actions mean for American businesses and workers. The latest round…