Creating a bold new partnership to ensure the Puget Sound regional economy flourishes in the future.

• About the Partnership
• Regional Economic Summit, November 19, 2004
• Partners
• Return to Business Development Partnerships

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Prosperity Partnership

The Prosperity Partnership is a four-county Initiative set up to collaboratively address economic challenges in our region. The partnership is working to understand the implications of the changing global competitive environment; and bring together the forces of business, labor, government and community resources to adapt to these changes and set a mulitifaceted, coordinated regional economic agenda.

The Prosperity Partnership is based on three simple assumptions:

1. The central Puget Sound metropolis is a single economic unit
2. The competitive environment has changed
3. Our region must respond as one to that change, and change the way we do business

For more information about the Prosperity Partnership, visit their website at http://www.prosperitypartnership.org/

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Regional Economic Summit

The Prosperity Partnership hosted a Regional Economic Summit on November 19, 2004. The goal of the Summit was to bring together leaders of all four Counties (King, Pierce, Snohomish, and Kitsap). Invitees included business, labor, government, and non-profit organizations to begin the work to identify the economic goals we have for our region and develop a strategy to achieve them.

Participants discussed how to build a new partnership and a long-range economic strategy for the central Puget Sound region, with the goal of creating 100,000 new jobs by 2010. This job-creation strategy over the next five years is scheduled to be announced in June, 2005 with implementing action to follow

Attendees included King County Executive Ron Sims, Brad Smith, Senior Vice President of Microsoft, Rita Ryder, President of the YWCA, Seattle Councilman Richard McIver, Renton Mayor Kathy Keoker-Wheeler, Bob Drewel, Puget Sound Regional Council Executive Director and over 1,110 representatives from business, non-profits, and the public sector.

Led by the Puget Sound Regional Council, via the newly merged Economic Development District, this Prosperity Partnership has identified 14 key industry clusters from which additional jobs will be created. The initial focus will be on five primary clusters: (1) Aerospace, (2) Environment & Alternative Energy. (3) Information Technology, (4) Life Sciences, and (5) Logistics and International Trade.

To learn more about the Regional Economic Summit, visit their website at http://www.prosperitypartnership.org/summit.html

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Partners

• Bellevue Chamber of Commerce
• Bremerton Area Chamber of Commerce
• City of Bellevue
• City of Bremerton
• City of Everett
• City of Renton
• City of Seattle
• Economic Development Board for Tacoma-Pierce County
• Economic Development Administration
• enterpriseSeattle
• Executive Alliance
• Greater Seattle Chamber of Commerce
• Kitsap Regional Economic Development Council
  Pierce County
• Port of Bremerton
• Port of Seattle
• Puget Sound Regional Council
• Snohomish County Economic Development Council
• Snohomish County Workforce Development Council
• Tacoma-Pierce County Chamber of Commerce
• Tacoma-Pierce County Workforce Development Council
• Trade Development Alliance of Greater Seattle
• University of Washington
• Washington Biotechnology and Biomedical Association
• Washington State Department of Community Trade and Economic Development
• Washington Technology Center