WTIA

Washington Tech Sector Accounts for 1.5 Million Jobs, Report Finds

Retrieved on: 
Thursday, August 17, 2023

SEATTLE, Aug. 17, 2023 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced the launch of a new report, Technology Sector Economic Outlook in Washington State and the Greater Seattle Region. Prepared in partnership with Amazon, Mitsubishi Corporation (Americas) and the input of many member organizations, the report highlights the essential and growing role of the information and communications technology (ICT) sector and tech roles in non-tech industries, while advocating for policies to support the ICT industry's continued vitality in Washington state.

Key Points: 
  • Tech sector employers also added 89,000 new workers to their payrolls between 2019 and 2022, an increase of 33 percent.
  • Overall, Washington's tech sector accounts for nearly 1.5 million direct and indirect jobs.
  • According to one national study , Washington's tech sector represents 22 percent of the state economy, higher than any other state in the union.
  • Despite these recent workforce reductions, Washington's tech sector is well-positioned to continue its leadership as a global center of innovation.

Washington Technology Industry Association and Washington STEM Release First-of-its-Kind Statewide Strategic Plan for STEM Education

Retrieved on: 
Wednesday, August 9, 2023

SEATTLE , Aug. 9, 2023 /PRNewswire/ -- Washington Technology Industry Association (WTIA), and Washington STEM, two non-profit organizations dedicated to fostering robust, equity-centered education and technology sectors that empower communities, today announced the launch of the Cross Sector Computer Science Strategic Plan (CSSP) and Report. The plan aims to secure access to computer science for all Washington students by outlining specific policy, implementation and educator development goals in an achievable timeline.

Key Points: 
  • The plan aims to secure access to computer science for all Washington students by outlining specific policy, implementation and educator development goals in an achievable timeline.
  • Access to computer science education is critical to growing Washington state's economy, and engaging and supporting local talent is key to closing pervasive income gaps.
  • Per the U.S. Bureau of Labor Statistics , available computer science and IT jobs are also projected to grow 11% through 2029.
  • This foundation will only become more critical," said Michael Schutzler, CEO, Washington Technology Industry Association.

WTIA Appoints Terrance Stevenson as Director of SeaCiti

Retrieved on: 
Wednesday, July 12, 2023

SEATTLE, July 12, 2023 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced the appointment of Terrance Stevenson as the Director of SeaCiti, a non-profit acquired by WTIA in May 2022. As a seasoned collaborator, social entrepreneur and responsible business advocate, Terrance will spearhead SeaCiti's mission of connecting, collaborating and coordinating tech employees, member organizations, government officials, and community leaders to create local impact.

Key Points: 
  • SEATTLE, July 12, 2023 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced the appointment of Terrance Stevenson as the Director of SeaCiti, a non-profit acquired by WTIA in May 2022.
  • Stevenson founded a social impact consulting enterprise and managed cross-sector partnerships for several humanitarian organizations.
  • "Terrance has an incredible breadth and depth of experience in community building and outreach," said Michael Schutzler, WTIA CEO.
  • "Serving as Director of SeaCiti Director presents a significant opportunity to foster increased collaboration within Seattle's tech community and its many diverse stakeholders," said Terrance Stevenson.

UNMET to host its 9th Venture Capital Conference in Seattle

Retrieved on: 
Wednesday, May 24, 2023

SEATTLE, May 24, 2023 /PRNewswire/ -- UNMET, a mission-based organization tasked with filling an unmet need for startups raising venture capital in the US, will hold its first West Coast conference - UNMET Washington 2023, in Seattle on September 13-14.

Key Points: 
  • SEATTLE, May 24, 2023 /PRNewswire/ -- UNMET, a mission-based organization tasked with filling an unmet need for startups raising venture capital in the US, will hold its first West Coast conference - UNMET Washington 2023, in Seattle on September 13-14.
  • "Commerce is honored to co-host the 2023 UNMET Conference in Seattle, the heart of Washington state's booming tech industry.
  • "WTIA is proud to support UNMET as it hosts its inaugural West Coast conference in Seattle," said Michael Schutzler, CEO of WTIA.
  • Laura Ruderman, CEO of Technology Alliance, said, "We're thrilled to join forces with Stout Street Capital as they put on the UNMET conference in Seattle.

Washington Technology Industry Association Launches Quantum Information Sciences (QIS) Report

Retrieved on: 
Monday, January 23, 2023

SEATTLE, Jan. 23, 2023 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced the launch of a new report, Quantum Information Sciences (QIS) in Washington State. Prepared by Moonbeam for the association's Advanced Technology Cluster, the report solidifies Washington's established expertise in quantum computing and highlights opportunities for specialization, QIS workforce expansion and collaboration with other material clusters around the country.

Key Points: 
  • New Data Highlights Opportunities for Specialization, Workforce Development and Collaboration to Achieve Greater Gains Locally and Beyond
    SEATTLE, Jan. 23, 2023 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced the launch of a new report, Quantum Information Sciences (QIS) in Washington State.
  • "This report validates our thesis that Washington state has the right mix of organizations and capabilities - ranging from startups to legacy enterprises - to ensure Washington becomes a global leader in both quantum adoption and commercialization."
  • "As quantum evolves, Washington state is well positioned to play a coordination and leadership role in quantum adoption both nationally and globally."
  • "The goal of the Northwest Quantum Nexus is to advance Quantum Information Sciences research and develop a QIS-trained workforce," said Krysta Svore, Distinguished Engineer and VP of Advanced Quantum Development at Microsoft , a founding NQN keystone partner.

KSC Seattle Launches K-Startup Networking Day with IntuitiveX to Promote Local Networking and Investment Opportunities for Innovative Korean Medical Startups

Retrieved on: 
Thursday, December 8, 2022

The event aims to bring together the local Seattle healthcare and investor communities, showcase promising Korean biomedical and healthcare startups, and commemorate the launch of a first-of-its-kind, bio+healthcare Korean accelerator program in Washington.

Key Points: 
  • The event aims to bring together the local Seattle healthcare and investor communities, showcase promising Korean biomedical and healthcare startups, and commemorate the launch of a first-of-its-kind, bio+healthcare Korean accelerator program in Washington.
  • "KSC Seattle is dedicated to expanding and helping Korean startups enter the U.S. market and is specifically focusing on biomedical innovation and its development to contribute to economic growth for both U.S. and Korea," said David Hwang, Managing Director of KSC Seattle.
  • "Seattle is home to the Bill and Melinda Gates Foundation, Fred Hutch, and University of Washington.
  • Without a doubt, Korean medical startups have access to great opportunities in Washington State."

Wilmington Trust 2023 Markets Outlook Forecasts Possible Mild Recession, Continued Inflation

Retrieved on: 
Wednesday, December 7, 2022

WILMINGTON, Del., Dec. 7, 2022 /PRNewswire/ -- Wilmington Trust today released its 2023 Capital Markets Forecast (CMF) -- "Inflationary Vortex" -- which identified several key headwinds for the global economy heading into the new year, including continued pressures in a tight labor market; the transition to clean energy; and China's socioeconomic evolution.

Key Points: 
  • Wilmington Trust expects the 2023 recession to be short-lived, given the fact that it is already priced into the markets and the U.S. economy will likely rebound shortly after.
  • However, as we enter the first half of 2023, Wilmington Trust expects a slight upward movement in the unemployment rate, including limited nationwide net job losses.
  • Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A.
  • (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM).

Wilmington Trust Announces 5 Key Hires to CLO Trustee & Loan Administration Division

Retrieved on: 
Friday, December 2, 2022

WILMINGTON, Del., Dec. 2, 2022 /PRNewswire/ -- Wilmington Trust, the leader in corporate, institutional, and global capital market services, today announced five new team members have joined the CLO division – Ann Cung, Jeremy Edmiston, Jack Lindsay, Ana Perkovic and Wolf Thiele. This marks 22 hires thus far in 2022, as the division continues its commitment to attracting top talent to service the thriving CLO marketplace and growing Wilmington Trust client base. They will report directly to Richard Britt, CLO Product Division Leader. 

Key Points: 
  • Bringing on this group demonstrates our commitment to this space and the significant investment we are continuing to make in our CLO and Loan Administration division."
  • Wilmington Trust's CLO & Loan Administration division is an extension of Wilmington Trust's Loan Agency and Global Capital Markets businesses, leveraging automated technology to enhance the accuracy and delivery of critical reporting and data to loan market participants.
  • To learn more about Wilmington Trust's services, visit the firm's CLO Trustee, Borrowing Base & Loan Administration Services page.
  • (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM).

Wilmington Trust Announces Launch of Innovative BoardingPass Participation Agreement App

Retrieved on: 
Tuesday, September 13, 2022

WILMINGTON, Del., Sept. 13, 2022 /PRNewswire/ -- Wilmington Trust, a leader in corporate and institutional trust services, today announced the launch of BoardingPass, a digital solution that automates and simplifies the onboarding process for collective investment trusts (CITs).

Key Points: 
  • WILMINGTON, Del., Sept. 13, 2022 /PRNewswire/ -- Wilmington Trust, a leader in corporate and institutional trust services, today announced the launch of BoardingPass , a digital solution that automates and simplifies the onboarding process for collective investment trusts (CITs).
  • BoardingPass is now available for a segment of Wilmington Trust clients and will be rolled out broadly in October.
  • Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A.
  • (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM).

WTIA Taps Kelly Fukai for Vice President of Government and Community Affairs Role

Retrieved on: 
Wednesday, September 7, 2022

SEATTLE, Sept. 7, 2022 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced the appointment of Kelly Fukai as the Vice President of Government and Community Affairs. A seasoned professional with more than 20 years of experience, Fukai is the member trade organization's leading subject matter expert on policy formation and will oversee all aspects of government and community affairs.

Key Points: 
  • SEATTLE, Sept. 7, 2022 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced the appointment of Kelly Fukai as the Vice President of Government and Community Affairs.
  • A seasoned professional with more than 20 years of experience, Fukai is the member trade organization's leading subject matter expert on policy formation and will oversee all aspects of government and community affairs.
  • Her team will facilitate policy coordination among the US Blockchain Coalition sponsored by WTIA as well as continuing the integration of the recent sea.citi acquisition to bolster WTIA community affairs programs.
  • "Kelly has a history of learning complex policy topics and also brings a rich background in community outreach," said Michael Schutzler, WTIA CEO.