Information Technology & Energy

Washington State ranked sixth in best states for tech companies in 2023 according to a study completed by Appy Pie. Based on startup survival rates, venture capital, patent innovation, concentration of tech firms and tech workers, and public funding -- the state ranked high in best places to do tech business.

Spokane Valley's Advanced Tech & Energy Workforce Delivers Innovations

The Spokane Valley region is home to multiple Tier 1, 2, and 3 telecom service providers, assuring the availability of diverse and redundant networks. Ranked among the safest geographies in the country for its resilience against natural disasters, our region is an ideal location for businesses that require critical infrastructure support, including data storage, manufacturing, and disaster recovery.

Tech and green business is a major employer in the area, accounting for 26% of non-farm employment and 431 tech businesses and 20 environmental services firms.

Information technology sectors in Spokane Valley include:

  • Metering and communications
  • Energy and utility management
  • Energy and hydrogen fuel cell storage
  • Solar solutions
  • Smart building construction

Some companies in these industries may qualify for tax incentives offered by Washington State. These incentives include deferrals, reduced B&O rates, exemptions, and credits.

Semi-Conductor Industry

Tax-incentive programs:

  • Reduced B&O tax rate for manufacturers of semiconductor materials
  • Sales/Use tax exemption for purchases of semiconductor gases and chemicals
  • Renewable Energy/Green Incentives

Washington State Is 'Tech Ready'

Site Selection Magazine ranked Washington State Number 5 in the list of "Tech Ready States" in 2020 as identified by a special report published by the Information Technology and Innovation Foundation.