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    The Forecast Includes:
  • Arizona's Assets
  • Growth Indicators
  • Industry Leaders

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Arizona Opportunity: Programs & Grants

  • ARIZONA INNOVATION CHALLENGE

    ARIZONA INNOVATION CHALLENGE

    The Arizona Innovation Challenge (AIC) awards the most money in the country for a technology challenge – $3 million — to the world's most promising technology ventures.

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  • REV AZ

    REV AZ

    Rev AZ is Arizona’s Manufacturing Extension Partnership (MEP) center created through a partnership between the Arizona Commerce Authority (ACA) and the National Institute of Technology and Standards (NIST) whose goal is to become the central resource for technical assistance and all things manufacturing for Arizona’s existing community of small and medium-sized manufacturers.

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  • AZ STEP GRANT

    AZ STEP GRANT

    Arizona’s State Trade and Export Promotion (STEP) program helps businesses gauge their export readiness as well as assists Arizona small businesses as they export markets for the first time or as they expand into new markets.

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  • NAVIGATOR

    NAVIGATOR

    The ACA's Navigator program will connect you - at no cost - with Arizona's highly skilled and available workforce by creating a custom recruiting strategy. 

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  • Low Cost of Doing Business
  • Skilled & Available Workforce
  • STREAMLINED REGULATION
  • ACCESS TO MAJOR WORLD MARKETS
  • SIMPLIFIED TAX SYSTEM
  • EXCEPTIONAL QUALITY OF LIFE

Low Cost of Doing Business

Ranking seventh lowest in average workers compensation costs, sixth lowest in property taxes, and second lowest in unemployment insurance tax.

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Info - 4.5% Income tax

Skilled & Available Workforce

Poised and ready to meet your project needs, the state's workforce is abundant, talented and young. 

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Info - 2nd for workforce quality

STREAMLINED REGULATION

Arizona has created a minimalist regulatory environment by cutting red tape and by repealing overly burdensome regulations.

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Info - Expedited Permitting

ACCESS TO MAJOR WORLD MARKETS

Arizona is immediately accessible to three of the world's largest economies -- California (#9), Texas (#13) and Mexico (#14).

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Info - 800 tons of cargo

SIMPLIFIED TAX SYSTEM

Arizona has among the lowest corporate and individual income tax rates in the nation, lowering your cost of doing business.

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Info - #2 lowest unemployment ins tax

EXCEPTIONAL QUALITY OF LIFE

From an unsurpassed number of sunny days to snow skiing, Arizona’s quality of life is second to none.

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Info - 300 days of sun (gray)

Leading the way: Thriving ARIZONA INDUSTRIES

Arizona business: in action

Company Profile: Frito Lay

Company Profile: Instant Bioscan

AIAF Recipient: Traklight

STEP Recipient: Rigid Industries

Sharing Success: The ACA Blog

Fostering business expansion in Arizona

Mar 13, 2014
T.J. Jennings, Vice President, Capital Strategies, Arizona Commerce Authority 

Arizona actively engages its entrepreneurs with strategic programs to assist in their expansion. The Arizona Innovation Accelerator Fund (AIAF) program is one example of this strategic support. The AIAF program provides debt financing to expanding Arizona businesses that need resources to capitalize on market opportunities.

Arizona Business: News

HealthPlanOne Expands Operations with New Center in Phoenix, Plans to Hire 175 in 2014

• 07.14.2014

HealthPlanOne, one of the nation’s leading Medicare and under-65 health insurance sales and customer acquisition companies, has announced plans to open a new location in Phoenix. With plans to hire 175 people this year, the new office will support the company’s brokerage business and its growing number of insurance carrier clients.

18 Early Stage Companies Named Recipients of the Arizona Commerce Authority AZ Fast Grant

• 07.9.2014

The Arizona Commerce Authority has selected 18 recipients for AZ Fast Grant, a highly competitive grant program that provides qualified Arizona-based, early stage technology companies with intensive training and technical assistance to commercialize their innovations, grow their businesses and create quality jobs.

Winners of Spring 2014 Arizona Innovation Challenge take home $250K

AZ Tech Beat • 06.25.2014

Twice a year the Arizona Commerce Authority awards grant funding capital to a group of startups to help them grow their business and fuel innovation.

Sandra Watson, President and CEO of the ACA said, “This round of the Arizona Innovation Challenge demonstrates why Arizona continues to be recognized as a hub of innovation and technology.”

Phoenix tech is scorching

USA Today • 06.23.2014

The "Silicon Desert," as locals call it, is thriving, with start-ups taking advantage of the lower cost of living, tight-knit community and talent from one of the nation's largest schools — Arizona State University —  to help sprout new tech ideas.

Weebly Opens North American Customer Operations Headquarters in Scottsdale, Arizona

• 06.4.2014

Weebly, a global service that lets everyone create a high-quality website, has signed a 25,000-square-foot office lease in Scottsdale, Ariz., for the company’s North American customer operations headquarters. Weebly plans to bring more than 250 new positions to the city over the next three years.

Arizona General Hospital to Open in the Phoenix-area, Create 300 New Jobs

• 06.4.2014

Arizona General Hospital announced it will open a boutique, full-service health care facility in early 2015 in Laveen, Ariz. The 39,000-square-foot hospital will provide Phoenix-area residents 24/7 access to emergency medical care. Arizona General Hospital also plans to bring 300 new jobs and invest $75 million over the next three years.

Phoenix is the 8th best city for new grads

AZCentral.com • 06.3.2014

Leading Peer-to-Peer Lending Company Prosper Marketplace Expands with New Office in Phoenix

• 05.30.2014

Prosper Marketplace, America’s fastest growing peer-to-peer lending company, today announced the opening of a new office in Phoenix – the first office outside the company’s San Francisco headquarters.

Phoenix ranks 9th on Forbes list of American cities with the fastest growing information sectors

AZCentral.com • 05.28.2014

The Phoenix metro area ranks ninth on a new Forbes list of American cities with the fastest-growing information sectors. Close to 2 percent of the jobs in the Phoenix-Mesa-Glendale area are information jobs, according to the list.

NFL Pro Bowl coming to Arizona

AZCentral.com • 04.9.2014

The Pro Bowl game will be played Jan. 25, 2015, a week before Arizona hosts the Super Bowl at University of Phoenix Stadium.

Bioscience a $36 billion boon industry in Arizona

AZCentral.com • 04.8.2014

Arizona's bioscience industry generates $36 billion in annual revenue, according to a study released Tuesday in Phoenix. The report from the Flinn Foundation identified 106,846 jobs in the bioscience sector.

Arizona named 3rd largest for job growth

AZ Tech Beat • 03.19.2014

The Arizona economy is off to a good start this year. According to numbers released by the U.S. Bureau of Labor Statistics Monday, Arizona had the third largest job growth so far this year.

Apple CEO Says AZ Project Will Create Ecosystem with Thousands of Jobs

The Mac Observer • 03.5.2014

Apple CEO Tim Cook told shareholders that the project the company has going on in Arizona will create thousands of U.S. manufacturing jobs...and would lead to an ecosystem that creates "tens of thousands of jobs."

Venture Madness: technology changing economic development

The Next Silicon Valley • 02.4.2014

At the IEDC annual conference in Philadelphia, USA, last October, I participated in a panel entitled, “Transforming Economies: Economic Development 21.0”. The premise of the debate was based on how technology is transforming economic development in the 21st century, with global competition being oblivious to boundaries.