EXCLUSIVE: Microsoft exec: New international tech institute in Bellevue will redefine region | PSBJ
Story By: Jacob Demmitt
Microsoft and the University of Washington have joined together to create a tech innovative institute that brings universities, international students and industry giants together like never before.
In another big win, The Global Innovation Exchange will be located in Bellevue's Spring District, the $2.3 billion mixed-use development on the east side of Interstate 405. GIX, as it's known, will occupy 100,000 square feet of office space there during phase one, with plans to grow.
GIX, which was announced Thursday, will begin as a partnership between the University of Washington and China's Tsinghua University. Program leaders are already in talks with "one of the great universities in Europe" and another from somewhere else in the world, both of which may join the partnership, said Microsoft General Counsel Brad Smith in an exclusive interview with the Puget Sound Business Journal.
The graduate school program has far-reaching implications for the region. It will attract top technical talent, research dollars and international attention from around the world as it becomes a hub for unprecedented collaboration and a new model for tech education.
GIX is being funded and built in collaboration with Microsoft (Nasdaq: MSFT) - something the company has never done before. It will pair UW students with international students to form teams. Those teams will work to solve real problems for real partner businesses. Microsoft, which has provided $40 million in initial funding, will be the first lead partner...
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