Oct 2, 2007, News Report
Governor Chris Gregoire has announced the designation of 11 Innovation Partnership Zones in Washington, geographic areas that will promote and develop the state's regional economies. Innovation Partnership Zones build on the success around the world of "research parks," such as the Research Triangle in North Carolina and Torrey Pines in California and bring together research and higher education opportunities, innovation and economic activity to be a strong engine for regional economies.
"Washington is home to some of the greatest innovations in the world and I am excited to support the continued success of our state's world-class companies," said Gregoire. "We've seen what can happen when we bring together research, training and commerce, put them in a beaker and shake -- Innovation Partnership Zones will be powerful economic engines to support our regional economies."
Areas designated as Innovation Partnership Zones receive special access to state funding and resources that otherwise might not have been available. The five designees were selected to receive grants totaling $4,725,000, allocated in the 2007-2009 capital budget, to jump-start development activities.
"The quality and quantity of applicants demonstrates local communities are truly thinking about how to grow a knowledge economy and create family-wage jobs for the future," said Juli Wilkerson, director of the Washington Department of Community, Trade and Economic Development (CTED). "There was genuine diversity in geography and industries, which bodes well for long-term economic strength for the state."
The Innovation Partnership Zones legislation calls for successful applicants to be awarded the designation of an Innovation Partnership Zone. Five of these applicants were also awarded grants, which may be used for such expenses as shared infrastructure, telecommunications, equipment or construction, and up to 10 percent for administration.
The five applicants designated Innovation Partnership Zones and awarded grants are:
Applicants receiving the Innovation Partnership Zone designation are:
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