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share conclusions about elements critical to business recruitment, growth and <br />development, <br />For example, the Washington State Department of Commerce has developed an <br />initiative to encourage businesses to locate in this state. The "Choose Washington" <br />project asserts the following as the top reasons businesses choose to locate in <br />Washington: <br />• Innovation <br />• Industry/sector cluster specializations <br />• Well educated workforce <br />• Transportation network and broadband/internet <br />• Low cost energy <br />• Trendsetters <br />• Diverse climate, landscapes <br />• Resilient in times of adversity <br />• Vibrant, unparalleled quality of life <br />• Global view, local action <br />CNBC ranks Washington State first in the CNBC "Best States for Businesses" poll, <br />based on the following criteria: <br />• Workforce (425 pts) <br />• Infrastructure (400 pts) <br />• Cost of Doing Business (350 pts) <br />• Economy (300 pts) <br />• Quality of Life (300 pts) _ <br />• Technology and Innovation (225 pts) <br />• Education (200 pts) . <br />• Business Frlendllness (150 pts) <br />• Access to Capital (100 pts) <br />• Cost of Living (50 pts) <br />The International Economic Development Council (IEDC) is a non-profit, non-partisan <br />membership organization ~rving economic developers. With more than 5,000 <br />members, IEDC is the largest organization of its kind. Annually, IEDC performs a survey <br />of primarily members to identify the state of economic development globally. The IEDC <br />2017 survey echoes the top two factors impacting business site selection decisions are <br />labor/workforce (50%) and adequate infrastructure (30%). Respondents to the 2017 <br />survey included economic development representatives from communities with a <br />population of less than 50,000 (over 30%). <br />Economic development Is at the crossroads of disruptive change. Amazon's bid for <br />headquarters 2 (HQ2) has created a site selection process never before experienced.