state economic survey and incentive comparison€¦ · gross domestic product % growth: 3.4%...
TRANSCRIPT
INCOMEANDOUTPUTThissectionhighlightsyourstate'sproductivityandincometoprovideanunderstandingoftheamountofbusinessconductedandtherateofgrowthforbusinessesandindividuals.
GrossDomesticProduct,inmillions:445,413(inmillions,allindustries,2015);source:U.S.BureauofEconomicAnalysis
GrossDomesticProduct%Growth:3.4%(quarter32016);source:U.S.BureauofEconomicAnalysis
PerCapitaPersonalIncome(*GDP/Population)Thisisoftenusedasastandardoflivingmeasurement:$51,898(2015);source:U.S.BureauofEconomicAnalysis
PerCapitaPersonalIncome%Change:3.1%(2-14-2015);source:U.S.BureauofEconomicAnalysis
WORKFORCETotalPopulation:7,288,000(1July2016estimate);source:U.S.CensusBureau
TotalCivilianLaborForce:3,677,100(civilianlaborforce,seasonallyadjusted,December2016);source:U.S.BureauofLaborStatistics
TotalNumberofPersonsEmployed:3,487,900(seasonallyadjusted,December2016);source:U.S.BureauofLaborStatistics
State Economic Survey and Incentive Comparison
CONTACTINFORMATIONName:AllisonClark,ManagingDirector,BusinessDevelopment,OfficeofEconomicDevelopmentandCompetitiveness,WashingtonStateDepartmentofCommercePhoneNumber:(206)256-6124EmailAddress:[email protected]:WashingtonStateAbbreviation:WAStateEconomicDevelopmentWebAddress:www.choosewashingtonstate.comStateEconomicDevelopmentEmailAddress:[email protected]:(206)256-6100AdditionalRelevantLinksforRelocatingCompanies:http://choosewashingtonstate.com/research-resources/helpful-links/
TotalNumberofPersonsUnemployed:189,200(seasonallyadjusted,December2016);source:U.S.BureauofLaborStatistics
UnemploymentRate%:5.1%(seasonallyadjusted,December2016);source:U.S.BureauofLaborStatistics
ManufacturingEmployment:288,793(September2016)source:U.S.BureauofLaborStatistics
ProfessionalandBusinessServicesEmployment:402,167(September2016)source:U.S.BureauofLaborStatistics
StateRight-to-WorkLaw?:No
LargeFactoryOpeningsduringPreviousyear:Examplesinclude:
• MitsubishiAircraftCorporation(Aerospace)-EngineeringresearchcenterinSeattle,WA;100jobs;• Autozone(Retail-Aftermarketautomotiveparts)-DistributioncenterinPasco,Washington;250jobs• BestBuy(Retail-ConsumerTechnology)-E-commercecenterinSeattle,Washington;250jobs;• GKNAerospace(Aerospace)-AssemblyfacilityinSumner,Washington;75jobs;• Héroux-Devtek(Aerospace)-AssemblyfacilityinEverett,Washington;20jobs;
Thissectionprovidesfurtherinsightintothepotentialworkforceeducationlevels,advancedareasofeducation,andpartnershipsbetweenhighereducationandindustryforinsightintoqualityoflaborforceandgrowthsustainability.
%HighSchoolDiplomaorMore:90.4%(percentofpersonsage25years+,2011-2015);source:U.S.CensusBureau
%Bachelor'sDegreeorHigher:32.9%(percentofpersonsage25years+,2011-2015);source:U.S.CensusBureau
EnrollmentinHigherEducationInstitutions:390,000(2012);source:WashingtonStudentAchievementCouncil
ScienceandEngineeringGraduateStudents:Science,Engineering,andHealthGraduateStudentsper1,000Individuals25–34YearsOld(Students):9.7(2013);source:NationalScienceFoundation
ListofHighschool,College,orUniversityManufacturingPartnershipPrograms:Examplesinclude:
• WashingtonStateBoardforCommunityandTechnicalColleges;http://www.sbctc.edu/for-employers/grants-loans.aspx
o JobSkillsProgramo CustomizedTrainingProgram
• SkillUpWashington;https://skillupwa.org/our-work/o ManufacturingAdvancementPathwaysProject(MAPP)o Supportingvarioustrade,transportation,andlogistictraininginitiativesandprogramssuchasPortJobso Supportingvarioushealthcaretraininginitiativesandprogramso SupportingtheCollegeforWorkingAdults(CWA)initiativeandtheBusinessInformationTechnology(BIT)
programo Supportingvariousconstruction/utilitiestraininginitiativesandprograms
• CenterofExcellenceAerospaceandAdvancedManufacturing;http://www.coeaerospace.com/o Supportingvariousadvancedmanufacturing,aerospace,composites,construction,andcleanenergy
trainingprogramsviagrantfunding
ListofAdditionalManufacturingTrainingPrograms:Examplesinclude:
• CenterforAdvancedManufacturingPugetSound;http://camps-us.com/programs/o CAMPSMedicalDeviceAlliance(CMDA)o MilitarytoManufacturingCareerPathwaysProgram(M2M)o ManufacturingInternshipProgramo Maritime/MarineIndustrySupplyChainProgramo NationalPurchasingProgramo PlasticIndustryTrainingProgram
• AerospaceJointApprenticeshipCommittee;http://www.ajactraining.org/about/• AdvancedManufacturingTrainingandEducationCenter;https://www.everettcc.edu/ccec/amtec
COSTOFDOINGBUSINESSThissectionhighlightsthecostsassociatedwithdoingbusinessinyourstateincludingtaxes,wages,insurance,andenergyexpenses.StateCorporateIncomeTax%:0.00%;source:TheTaxFoundation,2017StateBusinessTaxClimateIndex
StateIndividualIncomeTax%:0.00%;source:TheTaxFoundation,2017StateBusinessTaxClimateIndex
StateLevelSalesTax%:6.50%;source:TheTaxFoundation,2017StateBusinessTaxClimateIndex
StateUseTax:Yes;sameasthesalestaxrate(state+local);source:WashingtonStateDepartmentofRevenue
UnemploymentInsuranceTax%(estimate):0.13%-5.72%;source:TheTaxFoundation,2017StateBusinessTaxClimateIndex
AdditionalRelevantTaxes:
• BusinessandOccupationTax:0.13%-3.30%;source:TheTaxFoundation,2017StateBusinessTaxClimateIndex
Workers'CompensationEmployerInsuranceCostsper$100ofPayroll:$2.00(2016);source:WashingtonStateDepartmentofCommerce
AverageIndustrialElectricRate:4.39cents(December2016);source:U.S.EnergyInformationAdministration
AveragePriceofNaturalGasDeliveredtoIndustrialConsumers:$7.30(December2016);source:U.S.EnergyInformationAdministration
AverageHourlyEarningsofProductionWorkersinManufacturing:$20.70(May2015);ProductionOccupations,occupationcode:51-0000,WashingtonState;source:U.S.BureauofLaborStatistics
MinimumWage(current):$11.00(January2017);source:U.S.DepartmentofLabor
PendingLegislationRegardingMinimumWage:Initiative1433;annualincreaseinminimumwageupto$13.50in2020;source:WashingtonStateDepartmentofLaborandIndustries
ENTREPRENEURSHIPANDINNOVATIONThissectionunderscoresthesuccessesofyourstateintermsofbusinessinnovationthroughawards,venturecapital,andintellectualpropertyattainment.
TotalSmallBusinessInnovationResearch(SBIR)Awards:85
TotalSmallBusinessTechnologyTransfer(STTR)AwardsFound:10
VentureCapitalDeals,inmillions:$1,000.31(2016);source:PitchBook;https://pitchbook.com/newsletter/the-top-6-vc-investors-in-washington-state
%ofStatewithInternetAccessibility:83.4%ofindividualsliveinahouseholdwithhigh-speedinternetuse(2013);sources:U.S.CensusBureau;ComputerandInternetUseintheUnitedStates:2013
NewlyRegisteredBusinesses:113,524(2016);source:WashingtonStateDepartmentofRevenue-StateofWashingtonBusinessLicensingService
NewlyRegisteredPatents:7,038(2015);source:U.S.PatentandTrademarkOffice
FOREIGNDIRECTINVESTMENTThissectionprovidesinsightintotheamountofcurrentinvestmentoverseasandthepotentialstatemarketformanufacturerstoreshore.
ForeignDirectEmployment:Foreigncompaniesemploy96,000workers;4%ofthestate’sprivatesectorworkforce;32%ofthesejobsareinmanufacturing;source:WashingtonStateDepartmentofCommerce
Companies:Abengoa,Aciturri,Aernnova,AtkinsGlobal,BAESystems,Biomar,BuddyTV,Bucher,BritishPetroleum,Camper,Cosentino,CulinaryCollective,DassaultSystems,Encon,Enerfin,Fiberdyne,HSBC,Huawei,Iberdrola,Iberia,IndustrialNeotex,iSoftStone,Itron,Inc,Jasic,Jubilant,KyoceraIndustrialCeramicsCorp,Liebherr,Mitsubishi,MtorresAmerica-PacificaEngineering,NabtescoAerospace,NovoNordisk,Pactera,PhilipsHealthcare,Repsol,Safran,SaintGobainPerformancePlastics,SEHAmerica,Inc,SGLAutomotiveCarbonFibers,SharpMicroelectronicsoftheAmericas,Shell,T-Mobile,Talgo,Tata,Technosylva,Toray,UmbraCuscinetti,Inc,Zara,Zodiac
TRANSPORTATIONANDINFRASTRUCTUREThissectionshedslightonthebasicinfrastructureofyourstateandwhatacompanycanexpectintermsofthelogisticsofshippingtheirproduct.
Numberofmajor2or4-LaneHighwaysrunningthroughstate:3primaryinterstatehighways(I-5,I-82,I-90);4auxiliaryinterstatehighways(I-182,I-205,I-405,I-705);Over7,000milesofStateHighways;source:WashingtonStateDepartmentofCommerce
Numberofmajorrailwaysgoingthroughstate:2classonerailroads;24shortlinerailroads;source:WashingtonStateDepartmentofCommerce
Numberofmajorportsconnectedtostate:75ports;source:WashingtonStateDepartmentofCommerce
Numberofairportsthroughoutstate:4majorairports;source:FederalAviationAdministration:
• Seattle-TacomaInternationalAirport:17,888,080enplanements(passengerboardings)• SpokaneInternational:1,445,572enplanements(passengerboardings)• BellinghamInternational:543,346enplanements(passengerboardings)• Tri-CitiesAirport:329,087enplanements(passengerboardings)
NumberofInternationalairportsthroughoutstate:3majorinternationalairports;source:FederalAviationAdministration:
• Seattle-TacomaInternationalAirport:17,888,080enplanements(passengerboardings)• SpokaneInternational:1,445,572enplanements(passengerboardings)• BellinghamInternational:543,346enplanements(passengerboardings)
Numberofforeigntradezones:11;source:WashingtonStateDepartmentofCommerce;http://choosewashingtonstate.com/i-need-help-with/site-selection/foreign-trade-zones/
• FTZNo.5Seattle• FTZNo.85Everett• FTZNo.86Tacoma• FTZNo.120CowlitzCounty• FTZNo.128WhatcomCounty• FTZNo.129Bellingham• FTZNo.203MosesLake• FTZNo.212Tacoma• FTZNo.173GraysHarbor• FTZNo.216Olympia• FTZNo.224Spokane
INCENTIVES
Differentstatesofferdifferentincentivestoenticecompaniestomovetotheirstate.Thissectionwillallowyoutohighlighttheseincentives.
PendingLegislationProposedIncentivesCurrentlyPendingApproval?:Yes
• HB1894-2017-18:“Reinstatingtaxpreferencesforcertainhigh-technologyresearchanddevelopment”;source:WashingtonStateLegislature
CashIncentivesDoesyourstateprovideanyCASHincentives?:No
StateTaxCreditsDoesyourstateprovideanyTaxCreditincentives?:Yes;http://dor.wa.gov/content/FindTaxesAndRates/TaxIncentives/IncentivePrograms.aspx
EmployerTaxIncentivePrograms:
B&OTaxCreditforNewEmployeesinManufacturingandResearch&DevelopmentinRuralCounties
• Availableto:Manufacturers,R&Dlaboratories,andcommercialtestingfacilitieslocatedinruralcountiesorwithinaCEZ.
• QualifyingActivity:Creatingnewemploymentpositions/increasein-stateemploymentby15%.• Amount:
o $2,000credit/positionwithannualwages/benefitsof$40,000orless;oro $4,000credit/positionwithannualwages/benefitsofmorethan$40,000
CommuteTripReductionProgram–B&OTax/PublicUtilityTaxCredit
InternationalServices–B&OTaxCreditfornewemployment
WashingtonCustomizedEmploymentTrainingProgram–B&OTaxCredit
MiscellaneousIncentivePrograms:
MainStreetTaxCredit–B&OTax/PublicUtilityTaxCredit
WashingtonFilmworksContributorsB&OTaxCredit(formerlyMotionPictureCompetitivenessProgram)
AluminumSmeltingIndustryTaxIncentivePrograms:
B&OTax/PublicUtilityTaxCreditforElectricity,NaturalGas,orManufacturedGassoldtoAluminumSmelters
B&OTaxCreditForStatePortionofSalesTaxonMaterialsUsedinAluminumSmelter
B&OTaxCreditforPropertyTaxonAluminumSmelter
RenewableEnergy/GreenIncentives:
HogFuelandForest-DerivedBiomass–B&OTaxCreditandSales/UseTaxExemption
StateTaxExemptionsDoesyourstateprovideanyTaxExemptions?:Yes;http://dor.wa.gov/content/FindTaxesAndRates/TaxIncentives/IncentivePrograms.aspx
GeneralManufacturingIndustry:
MachineryandEquipment(M&E)Sales&UseTaxExemption
• Availableto:ManufacturersandprocessorsforhireperformingmanufacturingandR&D.Testingoperationforamanufacturerandprocessorforhire.
• QualifyingActivity:Purchaseofqualifyingmachineryandequipmentuseddirectlyinamanufacturingoperationorresearchanddevelopmentperformedbyamanufacturer,ortestingoperationsperformedforamanufacturer.
• Amount:Savingsamountto6.5%+localrate.
HighUnemploymentCountySales&UseTaxDeferral/WaiverforManufacturingFacilities(EffectiveJuly1,2010)
• Availableto:Manufacturers,personsconditioningvegetableseeds,researchanddevelopmentandcommercialtestingformanufacturersinaqualifyingcountyorinaCommunityEmpowermentZone(CEZ).
• QualifyingActivity:Certainconstructionandequipmentpurchasesfornewandexpandingbusinesses.
RuralCounty/CommunityEmpowermentZone(CEZ)Incentives:
PurchasesofServerEquipmentandPowerInfrastructureforuseinEligibleDataCenters–Sales/UseTaxExemption
• Availableto:Theownerofaneligibledatacenterwithacombinedsquarefootageofatleast100,000squarefeetandtenantsoftheownerofaneligibledatacenterlocatedinaruralcounty.Toqualifythedatacentermusthaveabuildingpermittoconstruct,renovate,orexpandthedatacenterissuedbetween:
o April1,2010andJune30,2011;o April1,2012andJune30,2015;oro July1,2015andJune30,2025
• QualifyingActivity:Sales/usetaxexemptionon:o Purchasesofeligibleserverequipmentandlaborandservicestoinstallserverequipmentinaneligible
datacenter.o Purchasesofeligiblepowerinfrastructure,andlaborandservicestoconstruct,install,repair,alter,or
improveeligiblepowerinfrastructure.
Sales&UseTaxDeferral/WaiverforCorporateHeadquartersLocatinginCommunityEmpowermentZone
• Availableto:BusinesswithcorporateheadquarterslocatinginaCEZ.• QualifyingActivity:LocatewithinaCEZ;Investatleast$30millioninqualifiedbuildings,tangiblepersonalproperty,
andfixtures,etc,includinglaborandplanning;Employatleast300employees,eachwhomustearnatleasttheannualaveragewageforthestateforthatyear;MeetthedefinitionofcorporateheadquartersasdefinedinRCW82.82.010.
11ForeignTradeZones:
• Ifyourcompanyimportscomponentsfordistributionormanufacturesfinishedproductsthatareexported,Washington'sForeignTradeZones(FTZ)canofferyouatremendouscompetitiveadvantage.BusinesseswithoperationsinaFTZcanreceiveforeignmerchandiseforstorage,assembly,manufacturingandprocessingwithoutbeingsubjecttoformalCustomsentryprocedures,dutiesandfederalexcisetaxes.ThesefeesarenotdueuntilthemerchandiseistransferredfromtheFTZandisreadyforconsumptionbyU.S.customers.Ifthegoodsareexported,thennodutiesortaxesarepaidonthoseitems.
• ForthepurposesofCustoms,FTZsareconsideredtobeoutsidetheU.S.CustomsTerritory.Sincetheyhaven'tformallyenteredtheUnitedStates,componentsandmerchandisecanbeshippedinandoutoftheFTZexemptfromdutypayments.GoodscanremainintheFTZforanindefiniteamountoftimeandabusinesscanconductanynumberofactivities,includingassembly,packaging,storing,cleaning,re-packing,distributing,sorting,grading,repairing,testingorrecycling.
• FTZscangreatlyreducethecostofdoingbusinessandsimplifyprocessingandentryfeesaswellasthepaperworkrequired.Italsoallowscompaniestoretainmorecapital,improvingcashflowasgoodsaremovedinandoutoftheUnitedStates.
AerospaceIndustry:
Sales&UseTaxExemptionforAerospaceBusinessesforComputerHardware/Software/Peripherals
RetailSalesandUseTaxExemptionfortheConstructionofNewFacilitiesUsedtoManufactureCommercialAirplanes,FuselagesorWingsofCommercialAirplanesConstructionofNewFacilitiesUsedforAirplaneRepairandMaintenance-RetailSalesandUseTaxExemption
FoodManufacturingIndustry:
B&OTaxExemptionforManufacturersofFreshFruit&Vegetables
B&OTaxExemptionforManufacturersofSeafoodProducts
BiofuelIndustry:
WasteVegetableOil–Sales/UseTaxExemptionandSpecialFuelTaxExemptiononPurchasesforPersonalUse
Property/LeaseholdTaxExemptionforManufacturersofBiodiesel/AlcoholFuel,etc.
SemiconductorIndustry:
Sales/UseTaxExemptionforPurchasesofSemiconductorGases&Chemicals
AluminumSmeltingIndustry:
BrokeredNaturalGasUseTaxExemption
Farming&Agriculture:
Sales/UseTaxExemptionforReplacementPartsforFarmMachinery&Equipment
Sales/UseTaxExemptionforLivestockNutrientManagementEquipment&Facilities
Sales/UseTaxExemptionforAnaerobicDigesters
Sales/UseTaxExemptionforFarmFuelUsers
RenewableEnergy/GreenIncentives:
ElectricVehicleBatteriesandElectricVehicleInfrastructure(ChargingStations)-Sales/UseTaxExemption,LeaseholdTaxExemption
Machinery&EquipmentUsedtoGenerateElectricityUsingRenewableEnergy&SolarThermalHeatSystems-Sales/UseTaxExemption
CleanAlternativeFuelandPlug-InHybridVehicles–Sales/UseTaxExemptions
HogFuelandForest-DerivedBiomass–B&OTaxCreditandSales/UseTaxExemption
MiscellaneousIncentivePrograms:
Sales/UseTaxExemptionforMotionPictureandVideoProductionCompaniesonRentalofProductionEquipmentandPurchaseofProductionServices
WeatherizationAssistanceProgram–Sales/UseTaxExemption
PowerforElectrolyteProcessing–PublicUtilityTaxExemption
StateGrantsDoesyourstateprovideanyGrantincentives?:Yes
Governor’sStrategicReserveFund
• Designatedtoassistcompanieswithlegislativelyallowableexpensesrelatedtobusinessrecruitment,retention,andexpansion.
JobSkillsProgramCompetitiveGrant
• Providescustomizedemploymenttraining.$900pertrainee.
WorkStart
• Abusiness-driven,customizedworkforcetrainingprogram.Grantsaverage$1500pertrainee.
StateLoansDoesyourstateprovideanyLow-InterestFinancingincentives?:Yes
CERB/CommittedPrivatePartner(CPP)LoansandGrants
• Forconstructionofpublicinfrastructurenecessaryforprivatebusinessexpansion.CPPProgramrequiresaprivatebusinesscommitmentaspartofthepublicentity’sapplication.$2millionloanmax.Upto$150,000grantor50%ofCERBrequest.
WashingtonSmallBusinessCreditInitiative
• WashingtonoffersthreeprogramsthroughtheWashingtonSmallBusinessCreditInitiative(WSBCI),includingCAP,whichhelpssmallbusinessesthatarehavingtroublegettingconventionalbusinessloans;Craft3,whichservestraditionallyunderservedbusinessesthatneedfunding;andfinally,theWFund,whichisgearedtowardstart-upsandcompaniesemergingfromstateuniversitiesandresearchcenters.
IndustrialRevenueBonds
• Thesebondsareidealforbusinessesbuildingorexpandingmanufacturingandprocessingfacilitiesastheyusuallyoffercompanieslowerinterestloansthanareotherwiseavailableontheopenmarket.
BrownfieldsRevolvingLoanFund
• Brownfieldsaredesignedtoprovidefinancingforpropertiesthatrequireextensivecleanupandreclamationduetocontamination.TheBrownfieldsCoalition,whichoffersthislowinterestfundingoption,canalsoworkwithownersanddeveloperstostreamlinepermittingatthelocal,regional,andnationallevel.
TrainingProgramsDoesyourstateprovideanySpecializedTrainingProgramincentives?:Yes;http://choosewashingtonstate.com/i-need-help-with/workforce-training/
WashingtonWorkStart
• WashingtonWorkStartisidealforbusinessesthataremakingsignificantinvestmentsinnewbusinessactivitiesandexpansionstrategiesorareexpandingtheiroperationsintotheWashingtonStateandneedemployeeswithspecificskillsetsorcompetencies.
CentersofExcellence
• OurCentersofExcellenceareflagshipinstitutionsthatbuildandsustainWashington'scompetitiveadvantagethroughstatewideleadership.Eachcenterfocusesonaspecifickeysectorthatdrivesthestate'seconomyandisbuiltuponareputationforfast,flexible,qualityeducationandtrainingprograms.Atargetedindustryisidentifiedasonethatisstrategictotheeconomicgrowthofaregionorstate.Thereareatotalof11centers,rangingfromaerospacetoadvancedmanufacturing.
IMPACTWashington
• IMPACTWashingtonisastatewideprogramthathelpsbusinessesbecomemorecompetitiveandprofitable.Itisstaffedbyseasonedindustryprofessionalswithexpertiseinadiverserangeofindustries,productsandservices.Fromleanmanufacturingtomarketing,theprogramprovidesone-on-oneconsultations,customizedtrainingandeducationalseminars.
WorkforceTrainingandEducationCoordinatingBoard
• TheWorkforceTrainingandEducationCoordinatingBoardmaintainsastatewidenetworkofofficesthatworkcloselywithcommunityleaders,employers,jobseekersandunionstocreatehealthyandstableeconomiesandidentifyworkforcegapstoensurethestatehasasteadysupplyofhighlyskilledworkersinkeysectors.Asastateagency,theWorkforceBoardoverseesaworkforcedevelopmentsystemthatincludes18educationand
trainingprogramsreceivingalmost$1billionannuallyinstateandfederalfunds.Theresultsincludeemployer-drivenjobtraining,jobseekerserviceandstrategicplanning.
WorkforceDevelopmentCouncil(WDC)
• TheWorkforceDevelopmentCouncilhelpsresidentsbecomeemployed,re-entertheworkforceormoveaheadintheircareers.TheWDCisastatewidenetworkofofficesestablishedtocollaboratewithcommunityleaders,employers,jobseekersandunions.Theirmissionistocreatehealthyandstableeconomiesandidentifyworkforcegaps.Theresultsincludeemployer-drivenjobtraining,jobseekerservices,andstrategicplanning.
JobSkillsProgram
• Ifyourcompanyneedsacustomizedtrainingprogram,ourJobSkillsProgramcanhelpyouconnectwithalocalcommunitycollegetodesignandteachit.Theprogramcreatesemploymentopportunitiesincommunitieswithhighunemploymentrates,highratesofpoverty,andcommunitiesimpactedbylarge-scalejobloss.JSPfundshalfofthetrainingcost;partneremployersprovideacashorin-kindmatchtofundtheotherhalf.
WashingtonCustomizedTrainingProgram
• TheWashingtonCustomizedTrainingProgramcanalsoprovideyouwithemployee-trainingthatisdeliveredatthelocalcommunitycollege,technicalcenterorprivatecareercollegelevel.Eligibleprogramscanincludeskillsassessment,evaluation,trainingequipment,materials,facilities,suppliesandprovidetraininginbasiceducationandskills,technicalskillsandjob-relatedinstruction,andEnglishasasecondlanguage.Thisparticularprogramallowsyoutopayforthetraining,inpart,withabusinessandoccupationtaxcredit,soyoumustbeaWashingtonStatebusinesstoqualify.
WorkforceCollege
• WorkforceCollegeoffersWashingtonbusinessesaone-stopresourceforemployeetrainingat34CommunityandTechnicalCollegesacrossthestate.Businessescansearchforcollegesthatprovidetraininginaparticularsubjectandrequestproposalsforcustomizedtraining.
WorkSourceLaborAnalysis
• AdivisionofWashingtonStateEmploymentSecurityDepartment,WorkSourceisaninvaluableresourceforemployers,providingin-depthlaborinformationabouttheWashingtonjobmarket.
StateMarketingandPromotionsDoesyourstateprovideanyMarketingandPromotionalincentives?:No
InnovationCentersDoesyourstatehaveInnovationCentersorAdditionalResourceavailableforcompanies?:Yes
14InnovationPartnershipZones
• Collaborationandinnovationarethedualroadsthatleadtosuccessinthemarketplace.Recognizingthepowerofpartneringwithlikemindedcompaniesandindividuals,WashingtonhaslaunchedInnovationPartnershipZones(IPZ)aroundthestate.
• Businesseswantingtodobusinessherehavetheoptionoflocatinginoneofthesezones,whichoffersauniqueenvironmentthatbringsresearch,workforcetrainingandprivatesectorbusinessestogetherinclosegeographicalproximitytocreatenewcompanies,productsandjobs.
• IPZsaresetupbycluster,includingaerospace,cleanenergy,medicaldevices,interactivemedia,watermanagementandevenwineandhospitality.EachIPZissitedtotakeadvantageoftheregion'spooloftalent,resourcesandentrepreneurism.
• Forbusinesses,IPZscanbeasmartbusinessmove.EachIPZoffersuniversityresearcherswhoworkcloselywiththeirprivatesectorpartnerstodevelopprototypes,incubatestart-ups,developcriticaltrainingprogramsandpoolbestpracticesinordertoblazenewtrailsininnovation.
Experttradeassistanceforsmallbusinesses
• Freeservicedesignedtohelpsmallbusinessesbyopeningdoorsoverseas,connectingthemwithforeignpartners,generatingleads,matchingthemwithotherbusinessesandtappingintonewmarketsthroughtradeshows,trademissionsandothereffectivestrategies.OurSmallBusinessExportAssistanceteamfocusesonspecificindustrysectors:aerospace,cleantechnology,informationandcommunicationtechnology,forestproducts,lifescience/globalhealth,maritime,consumerproducts,educationandprofessionalservices.ButwecanhelpanybusinessinWashingtonState,regardlessofindustry.FollowingarejustafewofthemanyservicesyoucantakeadvantageofasaWashingtonStatebusiness:Advocacy,consulting;riskmitigation;marketresearch,trademissionsandtradeshows,businessmatchmaking,andcustomizedprogramsandservices.
REGIONALINFORMATION
PugetSoundRegion
Doesthisregionhaveadesignatedwebsite?:Yes;http://www.psrc.org/;http://www.edc-seaking.org/
Overview:Withapopulationofapproximately3,985,100,thePugetSoundRegionhasseveralmajorcitiesincludingSeattle,Tacoma,andBellevue,andspansKing,Kitsap,Pierce,andSnohomishCounties.
Whatindustryorindustriesareprominentinthisregion?
• AerospaceandDefense• MaritimeandLogistics• CleanTechnology• FinancialandBusinessServices• GlobalTradeandInvestment• LifeSciencesandHealth• InformationandCommunicationsTechnology• OutdoorRecreation,Fashion,andApparel
Whataresomeuniqueaspectsofthisregion?
• HometosomeofthemostinnovativeandsuccessfulcompaniesintheworldincludingAlaskaAirlines,Amazon,BoeingCommercialAirplanes,Microsoft,Starbucks,Costco,Weyerhaeuser,Nordstrom,REI,amongmanyothers.
• 47.9%ofadults(25+)haveabachelorsdegreeorhigher• 92.3%ofadults(25+)haveahighschooldiplomaorhigher
Arethereanyspecialprogramsorincentivesforcompanieswantingtomovetothisregion?(Y/N):Pleasereferencestateincentives
Doesthisregionoffersiteselectionassistance?:Yes
• PrimaryContact:OfficeofEconomicDevelopmentandCompetitiveness,WashingStateDepartmentofCommerce• OtherContacts:TheEconomicDevelopmentCouncilofSeattle&KingCounty,theEconomicDevelopmentBoard
forTacoma-PierceCounty,amongothers
AMERICANMADELABELREQUIREMENTSDoesyourstatehaveanyspecificrequirementsforlabelingproducts"MadeinUSA"?:No
Istherependinglegislationregardingtheserequirements?:No
Doesyourstatehaveanyspecificrequirementsforlabelingproducts"Madeinyourstate"?:No
Istherependinglegislationregardingtheserequirements?:No
Isthereanorganizationorentitythatmonitorsstatelabeling?:Yes-ImpactWashington;https://impactwashington.org/made-in-washington/
• Viathe“MadeinWashington”program,ImpactWashingtonoffersafreeservicetothecommunitythatcertifies,promotes,andconnectsWashingtonStatemanufacturers.The“MadeinWashington”logobadgeisexclusivetoapprovedin-statemanufacturers.Aftercertification,manufacturersarefreetodisplaythebadgeontheirwebsiteandproductpackaging.
• 3303MonteVillaParkway,Suite340,Bothell,WA98021,E-mail:[email protected],Phone:425.287.6808
Istherependinglegislationregardingtheserequirements?(Y/N):No
IfyouansweredYEStothequestionabove,Pleasedescribetheproposedlegislationincludingthebillnumber:
Isthereanorganizationorentitythatmonitorsstatelabeling?(Y/N):No
IfyouansweredYEStothequestionabove,Pleaseprovidethenameandcontactinformationforthetheorganizationorentity:
DateofSubmission:April21,2017
Thankyouforyourtime.Pleaseemailyourresponsestoalevy@reshoringinstitute.organdyourresponseswillberecordedandavailableonlineforreviewatwww.reshoringinstitute.org.