City Services

Economic Development

Improving Economic Opportunities for Bothell
City of Bothell is dedicated to improving economic opportunities for Bothell citizens. From the current development to the downtown revitalization, the City is working to restore the vibrancy to downtown and give the figurative heart of the City its beat.

Opportunities

  • New Banner Ad - Created 3/12/2009
  • UW Bothell's Economic Impact = $191 Million
    8/17/2010

    The University of Washington recently released an economic impact report which measured the economic, employment and government revenue impacts of operations and research at the Seattle, Tacoma and Bothell campuses

    BOTHELL, Wash. – The University of Washington recently released an economic impact report which measured the economic, employment and government revenue impacts of operations and research at the Seattle, Tacoma and Bothell campuses.
     
    The report shows that overall the University of Washington makes tremendous contribution to the state’s economy, over $9 billion. 
     
    Specifically, UW Bothell’s economic impact to the state’s economy is $191 million, which includes a direct impact of $83 million and indirect impact of $108 million though expenditures, government revenues, the employment of faculty and staff and personal incomes of residents. 
     
    UW Bothell currently provides programs in Bothell, Bellevue, Everett and Mount Vernon.  Its student population comes from around the Puget Sound with 64% coming from King County and 30% from Snohomish County.
     
    Additionally, more than 7,000 UW Bothell alumni live and work in King and Snohomish Counties. 
     
    Says UW President Mark Emmert, “By educating smart people and generating great ideas, the UW will play a crucial role in helping Washington State recover and build a global economy in the post-Great Recession era.”
     
    UW Bothell looks forward to continuing its work in the King and Snohomish Counties and to expanding access to quality higher education.
     
    To view the full report click here.

    Contact:

    Elizabeth Fischtziur
    (425) 352-3636
    efischtziur@uwb.edu

  • AVI Bio Pharma to get up to $18 Million to Study Swine Flu
    6/8/2010

    Partnered with U.S. Defense Threat Reduction Agency (DTRA)...

    AVI BioPharma Inc. has entered into a deal with the U.S. Defense Threat Reduction Agency (DTRA) that could be worth up to $18 million for the drug company.

    According to AVI BioPharma (NASDAQ: AVII), the deal involves its AVI-7100 drug, a medical countermeasure that can be used against swine flu.  The deal comes two months after a similar $4 million deal with the DTRA Transformational Medical Technologies Initiative (TMTI).

    The DTRA was formed in 1998 to combat threats of weapons of mass destruction, including chemical, biological and radiation threats.  The TMTI was created by the U.S. Department of Defense to study ways to protect soldiers from biological threats by developing medical countermeasures.

    Bothell, Wash. - based AVI BioPharma Moved its headquarters from Oregon to Washington last year.  It subsequently shuffled its management team.

    Roughly half of the company's employees are in Corvallis, where it employs around 35.

  • Washington State Department of Commerce awards $1.5 million in Innovation Partnership Zone grants to build regional economies
    11/25/2009

    Funds go to projects in Bothell, Walla Walla, Tri-Cities and Snohomish County

    OLYMPIA – The Washington State Department of Commerce today announced $1.5 million in grants to Innovation Partnership Zones (IPZs) in Bothell, Walla Walla, Tri-Cities and Snohomish County.
     
    The IPZ program is an economic development model that encourages collaboration to advance innovation. The funds will help stimulate the growth of industry clusters and intellectual capital, while building regional economies. The program leads to new technologies, marketable products, company formation and job creation.
     
    “Our state’s IPZ program and the collaboration it promotes leads to ground-breaking discoveries and innovation.” said Washington State Gov. Chris Gregoire. “The winners of these grants exemplify the talent, creativity and entrepreneurism that exist across our state. I’m proud to support such a unique effort of economic development – one that will allow us to lead in the new economy.”
     
    Winners of the 2009 IPZ grants are:
     
    ·         Bothell Biomedical Device IPZ - $500,000 for the Washington MedTech Discovery Center. The center will provide a dedicated public facility for incubating, networking, and providing meeting space for businesses in the bio-medical device industry.
     
    ·         Walla Walla IPZ - $500,000 for the expansion of the William A. Grant Water and Environmental Center at Walla Walla Community College. Through a water quality lab, the center will be able to expand its mission to provide education and services in the water management sector that enhance both agricultural and marine wildlife recovery efforts. The development of a sustainable water governance model has the potential for broad, global applications.
     
    ·         Tri-Cities Research District - $250,000 to support the extension of broadband infrastructure through the 1,600 acre IPZ. The expanded broadband infrastructure will provide essential support to small- and medium-size businesses that are not federal contractors, making the IPZ a more attractive location for technology companies and subsequently enhancing collaborative opportunities.
     
    ·       Aerospace Convergence Zone in Snohomish County - $250,000 to develop the Washington Aerospace Training and Research Center. The center will be located at Paine Field and serve as a hub for training and research to support the aerospace industry. It will act as a clearinghouse for research and technology transfer and provide just-in-time upgrade skills training for aerospace workers.
     
    “We were thrilled to receive so many great applications for the grants,” said Rogers Weed, director of the Washington State Department of Commerce. “The partnerships forged through the IPZ program are valuable to each region and the state as a whole. Many of these projects will result in models that can be replicated around the state and globally, or be applied to other industries.”
     
    The 2009 Legislature appropriated $1.5 million in the capital budget for grants for the IPZs. IPZs that were designated prior to 2009 were eligible to compete for the grants.
     
    The IPZ program was created in 2007 by Gov. Gregoire and the Washington State Legislature. IPZs empower regions to form partnerships between research entities, private sector partners, and workforce training to collaborate and develop commercially viable technologies. There are 12 IPZs in the state of Washington. Designations are made Oct. 1, every other year, by the director of Commerce.
     
    For more information on the Washington State Department of Commerce, visit www.commerce.wa.gov.
     
    ###

  • Bothell Companies Named in List of Fastest Growing Public Companies in Puget Sound
    6/4/2009

    Puget Sound Business Journal named two Bothell Companies within the top five on its list of Fastest Growing Public Companies.

    Read News Release for more information

  • City of Bothell on the State & Northwest Top Firms Lists
    9/16/2008

    • PSBJ Biotech and Beyond Top Medical Device Manufacturers (2008) (5 of top 10 are in Bothell)
    • PSBJ Largest Biotech Companies Biotech Firms (2008) (1/5 of all in Bothell)
    • 7 firms on the Washington CEO High Tech 50 (2007)
    • Washington CEO Top 25 Biotech (2007) (6 of 25 in Bothell)
    • Seattle Business Monthly (2007) Bothell is one of Top 10 Best Cities of the 'Burbs for Business
    • 7 firms on the CEO Top 100 Public Companies in Washington (2006)
    • 4 firms on the Deloitte 2006 Pacific Northwest Technology Fast 50 (2006)
  • New Banner Ad - Created 4/13/2009
  • Downtown Revitalization - learn more