Thursday, July 9, 2015
Seattle Business Investment
Inc. magazine reports that Seattle is in the top ten cities (#7) where small businesses with fewer than 99 employees thrive. Austin, TX is number one on their list.
Matt Ryan, Global Chief Strategy Officer for Starbucks Coffee Company reported at the recent Annual Rainier Chamber luncheon that, "The companies that invest in doing the right thing will benefit in the future." As an example, Starbucks has invested heavily in fair trade coffee, provides health care and free college education for employees.
The Puget Sound Business Journal reports that Chinese investment in the Puget Sound region is about to go beyond real estate. A Chinese venture capital group based in Shenzhen wants to open an office in the Seattle area so it can invest in the region's tech and biotech industries. "They're very serious about making their first mark here in the Seattle area and we're definitely working closely with them," said Office of Economic Development director Brian Surratt, who also noted that the city's talks with this venture firm are all part of a deliberate push by Mayor Ed Murray's administration to try to draw more foreign direct investment to Seattle.
Photo courtesy of Lesley Blyth