Declares that a "Washington manufacturing competitiveness corporation" means a private, nonprofit corporation, incorporated in accordance with chapter 24.03 RCW, that has the mission to operate a modernization extension system, coordinate a network of public and private modernization resources, and stimulate the competitiveness of small and midsize manufacturers in Washington.

Appropriates the sum of one million dollars, or as much thereof as may be necessary, for the fiscal year ending June 30, 2007, from the general fund to the state board for community and technical colleges for the purposes of this act.