Allocate $300,000 from the general fund for fiscal year 2024 to the city of Seattle for leasing space dedicated to nonprofit and academic institutions. Provide $500,000 for fiscal year 2025 for the same purpose. Focus efforts on incubating technology business startups with an emphasis on artificial intelligence. Support the development and teaching of curricula aimed at equipping workers with skills to utilize AI as a business resource.
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Washington S 5950, Sec. 129, Subsection 50
ETO AGORA · U.S. state and local documents · 2024
Summary
Allocate $300,000 from the general fund for fiscal year 2024 to the city of Seattle for leasing space dedicated to nonprofit and academic institutions.
Provide $500,000 for fiscal year 2025 for the same purpose.
Focus efforts on incubating technology business startups with an emphasis on artificial intelligence.
Support the development and teaching of curricula aimed at equipping workers with skills to utilize AI as a business resource.
Provides $300,000 (2024) and $500,000 (2025) for Seattle to lease space for AI-focused startup incubation.
(50) $300,000 of the general fund—state appropriation for fiscal year 2024 and $500,000 of the general fund—state appropriation for fiscal year 2025 are provided solely for the city of Seattle to lease space for nonprofit and academic institutions to incubate technology business startups, especially those focusing on artificial intelligence and develop and teach curricula to skill up workers to use artificial intelligence as a business resource.