Washington Tech Group Receives $ 550,000 Government Funding to Advance Blockchain and Quantum Computing | Messages


The Washington Technology Industry Association (WTIA) has received a $ 550,000 grant from the Washington State Department of Commerce to begin developing an advanced technology cluster that will build connectivity and collaboration between blockchain technologies and quantum computers, WTIA announced today .

WTIA will invite its 1,200+ member organizations to help build the cutting-edge technology cluster to drive private investment, job creation and innovation across the state.

“Today is a proud day for the entire WTIA team,” said Michael Schutzler, CEO of WTIA, in a press release. “The US Department of Commerce has selected us as a lead partner to develop Washington’s position as a global innovation hub. Our state has the chance to lead the country in blockchain and quantum computing, which will stimulate economic growth, create new jobs and ensure the state’s long-term competitiveness.

WTIA will convene members of the cluster – which includes companies, universities, startups, governments and investors – to help drive the growth of the technology sector. With the help of grants and WTIA programs, the cluster will focus on five areas: mapping the advanced technology ecosystem; Attracting and accelerating startups; Building a diverse workforce including women, BIPOC and other underrepresented groups; Promoting a supportive political environment; and to build strong partnerships, says the press release.

To achieve the goals, the cluster will also invite universities to work together on human resource development, train policy makers to create a supportive regulatory environment, build startup accelerators to support advanced technology startups, provide reports to inform the cluster strategy Create and provide forums to connect relevant stakeholders, the publication said.

“As WTIA is building a global center for these new technologies, it will be particularly important for us to be aware of how the cluster includes people from underrepresented groups,” said Schutzler. “Building more equitable access to these opportunities is an important part of our DNA at WTIA and will be reflected and prioritized in the cluster.”

The state’s information and communication technology sector is a major engine of Washington’s economy. The sector directly employed nearly 279,000 people in 2020, who generated nearly 25 percent of all wages in the state and spent an estimated $ 35.5 billion on personal consumption, up more than $ 1 billion, according to a WTIA report last fall. Dollars in government sales tax revenue.


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