The University of Washington, Tsinghua University in China, and Microsoft Corp. announced June 18 they have selected Bellevue as the future home of the Global Innovation Exchange (GIX), a partnership to educate innovators from around the world.
GIX hopes to attract students, faculty, professionals, and entrepreneurs to tackle some of the biggest technology and design challenges around. GIX will be located in the city’s Spring District, a major commercial and residential neighborhood now under construction by developer Wright-Runstad in the Bel-Red area. On hand to unveil the project in downtown Bellevue were Gov. Jay Inslee, Microsoft CEO Satya Nadella, Interim University of Washington President Ana Mari Cauce, and Qui Yong, president of Tsinghua University in China. Nadella said that Microsoft will provide $40 million in “foundational funding” for the project and that the company is “deeply committed” to GIX. (end)