Puget Sound region wins Jobs and Innovation Accelerator Challenge

On September 26, enterpriseSeattle announced that was awarded $1.2 million in federal funding through the Federal Jobs and Innovation Accelerator Challenge, a multiagency competition launched in May to support the advancement of 20 high-growth, regional industry clusters.

Investments in this challenge came from three federal agencies, the Department of Commerce’s Economic Development Administration, Department of Labor’s Employment & Training Administration, and the Small Business Administration, with technical assistance coming from 13 more agencies.  This funding recognizes how the Puget Sound region is on the leading edge of creating the types of public-private partnerships that can help support business innovation. The funding will go towards the establishment of the Washington Interactive Media Accelerator (WIMA) and the furthering of enterpriseSeattle’s Washington Interactive Network (WIN) targeted at supporting the interactive media industry in Washington State.

“The interactive media industry in Washington State currently has more than 150 companies that employ more than 15,000 people,” said Jeff Marcell, President and CEO of enterpriseSeattle. “The funding provided by this grant will allow us to continue our work in support of the interactive media industry, creating an accelerator and programs that will continue to attract jobs and capital investment to our region.”

Read the enterpriseSeattle press release.
Read more about the award at the EDA website.

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