By some measures, Washington State had one of the strongest economies in the nation in Q3 2023. Wallethub.com ranked the state number one it is Best and Worst Economies report based on 28 key economic indicators. It ranks first in exports per capital, second in percent of jobs in tech and in the top ten in annual median income and change in nonfarm payroll. Washington State also ranks highly in economic activity and innovation potential. The aerospace industry remains a primary driver the state with companies like BlueOrigin and Boeing supporting more than 13,000 jobs. In October 2023, American Aerospace Materials Manufacturing Center in Spokane was designated one of the 31 inaugural tech hubs under the Tech Hubs Program.
CERB: The Community Empowerment Revitalization Board provides low-cost financing for public facility improvements, such as access road maintenance and sewer and water line extensions, to foster private development.
Job Skills Program: Offers a competitive grant for an average of $1,200 per trainee to help employers partner with community and technical colleges on training solutions.
Sales and Use Tax Exemption on Equipment: Offers a sales and use tax exemption for machinery and equipment used directly in a manufacturing or R&D operation for savings that amounts to 6.5% plus the local rate.
B&O Tax Credit: Offers a one-time credit of up to $4,000 per employee when companies hire new manufacturing or R&D employees in rural counties.
Sales and Use Tax Deferral for Clean Tech Projects: Offers a deferral and possible reduction of up to 100% of sales and use taxes for eligible investments in clean technology projects and renewable energy storage, as well as production facilities for clean fuel and hydrogen.
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The Equitable Access to Credit Program was created in August 2023 by the state legislature and creates a new funding mechanism to help Community Development Financial Institutions offer technical assistance services, small business training and loans and investments to borrowers who may not be eligible for traditional bank loans. The program will award up to $8 million annually, and any business with state B&O tax liabilities can now contribute and receive a $1 for $1 tax credit through the Department of Revenue.
9 Fortune 500 companies headquartered in state:
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
