Economic Development Archives

GPEC names Chris Camacho new CEO

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The Greater Phoenix Economic Council (GPEC) Board of Directors unanimously selected Chris Camacho as the organization’s fourth president and CEO during a special meeting today. Camacho has served as executive vice president of GPEC since joining the organization in 2008. He oversaw the organization’s top line performance measures, including domestic and international business development and… Read More →

Stanton: Super Bowl showcases re-branded Phoenix

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In the midst of the Super Bowl excitement, Mayor Greg Stanton and the city’s Community and Economic Development Director Christine Mackay have unveiled a new campaign to send a clear message: Phoenix is hot for new economic opportunity. “We are about to welcome more than 1 million people to our city, and it’s important that… Read More →

Revel Systems iPad POS expands into Scottsdale

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Revel Systems, the world’s leading iPad Point of Sale platform, today announced it has expanded operations into Arizona through a new Scottsdale office. The company will create 160 new jobs during the next three years to drive its global sales growth. Revel’s Vice President of Sales, Bobby Marhamat will devote resources to create jobs and… Read More →

ACA names Arizona Innovation Challenge finalists

technical education career training looking at petri dish

The Arizona Commerce Authority (ACA) today announced 10 finalists in the Fall 2014 Arizona Innovation Challenge (AIC), its bi-annual business plan competition that awards talented entrepreneurs who are solving today’s most challenging problems with technology-based solutions. Each year in the spring and fall, the ACA awards to the most qualified, innovative startups and early stage… Read More →

State Farm plans to hire 600 in Phoenix

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State Farm will be holding a Career Fair January 20th, to help fill openings for its expansion in the greater Phoenix area. The company is currently hiring more than 600 hundred new employees and additional hiring is expected to continue throughout 2015. The one-day Career Fair will focus on generating a candidate pool for positions… Read More →

Growing tech firms reflect emerging Arizona business sector

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Don Hawley is the quintessential product of Silicon Valley. He went to college at the University of California, Berkeley, became a serial entrepreneur and founded and developed many successful technology companies in the San Francisco Bay area. So why is he doing business in Arizona? “Arizona is infinitely more business friendly,” said the founder, chairman… Read More →

Super Bowl’s impact on economy may last long after game

Arizona Super Bowl Host Committee CEO Jay Parry. Photo by Shavon Rose, AZ Big Media

Early in the planning process for the 2015 Super Bowl, Arizona Super Bowl Host Committee CEO Jay Parry was giving a presentation to Greater Phoenix Leadership and she referred to some of national perceptions of Arizona as “misperceptions.” “An individual walked up to me after the presentation and said, ‘You did a great job, but… Read More →

Slow job market impacts higher education

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In the United States, recent news surrounding the economy is optimistic as the country’s GDP grew at a rapid 3.9 percent during the third quarter of 2014. The nation has now recovered all of the 8.7 million jobs lost during the recession, and the national unemployment rate has dropped to 5.8 percent, the lowest since… Read More →

11 new companies coming to High Street

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Just in time for the new year, High Street in Phoenix is welcoming 11 new companies to their family of tenants. Vacant spaces at High Street will soon be filled with an array of new businesses, including a vacation rental office, nail spa, tea shop and creative studio. The shopping, dining and entertainment destination located… Read More →

UA’s Phoenix campus has nearly $1 billion economic Impact

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University of Arizona President Ann Weaver Hart and Phoenix Mayor Greg Stanton today announced that the economic impact of the UA’s downtown Phoenix academic medical center in 2013 was $961 million, according to a report released by nationally recognized consultants Tripp Umbach. “Our College of Medicine and the academic medical center have become key generators… Read More →

KEASY sweeps winning prize at SEED SPOT Demo Day

Meghan Martinez, Founder of KEASY, a keyless, digital lock that provides safe and efficient access to rental homes.

Move over, Silicon Valley – Arizona is becoming quite the hotbed for startups. Just ask the 800+ people who attended SEED SPOT’s fourth Demo Day event in Phoenix, designed to highlight local, up-and-coming entrepreneurs and their successful and inspiring new ventures. SEED SPOT, an incubator for socially-minded entrepreneurs, entertained a sell-out crowd at its Demo… Read More →

CEO leads Banner Health through healthcare ‘re-invention’

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Around the first of the year, Phoenix-based Banner Health is expected to close on a nearly $1 billion deal to acquire the University of Arizona Health Network and its subsidiaries. The deal will make Banner the largest private employer in the state, will pump least $500 million of spending on capital projects into the state’s… Read More →

Phoenix Chamber appoints new VP of public affairs

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The Greater Phoenix Chamber of Commerce today announced the appointment of Mike Huckins as Vice President of Public Affairs. Huckins will spearhead the Chamber’s lobbying efforts at the Capitol, oversee the Chamber’s public affairs and seven issue committees, as well as provide leadership for the Chamber’s internal public affairs team. “We are thrilled to welcome… Read More →

UMB Bank opens Biltmore location

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In the back of a large, architecturally beautiful, glass building on Camelback and 28th Street resides the newest bank to the Biltmore area, UMB Bank. UMB Bank, a previous resident to the Biltmore area, has returned and brought with them hopes of improving their community. “We want to become focused and help the community. Most… Read More →