arizona commerce authority Archives

Education and health services showed most job growth in Arizona in 2016

job growth

Arizona has shown job growth in a majority of its employment areas in the past year, which experts hope will continue through 2017. The Office of Economic Opportunity’s latest jobs report indicated six of the 11 employment sectors gained jobs over the year. Nonfarm employment gained about 32,000 jobs over the year, according to the… Read More →

How Casa Grande secured the Lucid Motors manufacturing facility

Lucid Motors

Arizona beat out 12 other states competing for the location of a proposed $700 million electric car manufacturing plant. In late November, Gov. Doug Ducey announced that Lucid Motors, a Silicon Valley luxury electric car startup, plans to build its manufacturing center on 500-acres in Casa Grande next year. Lucid Motors, formally Atieva, narrowed down… Read More →

32 startups advance to next round of Venture Madness

Copyright: pretoperola / 123RF Stock Photo

The top 32 startups have been picked to advance to the next round of Venture Madness by Invest Southwest, in partnership with the Arizona Commerce Authority. Now, the selection panel will narrow down the list to 16 finalists to present at the bracket-style head-to-head live event on March 8 through 10 at the Hotel Valley Ho.… Read More →

64 startups picked for 2017 Venture Madness competition

startup

This year’s startup lineup has been picked by Invest Southwest and the Arizona Commerce Authority for the 2017 Venture Madness competition. On Jan. 25, the top 64 companies picked this year will be narrowed down to 32, and then by Feb. 3, 16 finalists will be chosen to move to the live, bracket-style head-to-head competition… Read More →

Joint efforts help create economic development

Downtown Phoenix (Photo by Mike Mertes, AZ BIG Media)
by in AZRE Magazine

When a company relocates to a region, it creates a lot of benefits that spin off to the entire broader region, county and state as a whole. Mayors, city officials, economic development teams and groups are working together to facilitate more economic development opportunities throughout the state by finding the right locations that best serve… Read More →

Elevating Arizona’s tech sector for faster growth

Phoenix
by in AZ Business Magazine | Tech

There are many encouraging signs for Arizona’s technology sector. Jobs are on the rise, our education system is more focused on STEM initiatives and Arizona has become a desirable place to move to for high-tech companies from innovation hotbeds such as California. The outlook for 2017 is even stronger. It may, in fact, be our… Read More →

$700M electric car manufacturing facility in Casa Grande announced

A screenshot of a Lucid Motors electric car  from the livestream of the announcement event. (Screenshot courtesy of Lucid Motors)

Casa Grande will soon be home to a $700 million electric car manufacturing facility that plans to employ 2,000 full-time workers, according to an announcement made by Gov. Doug Ducey. California-based Lucid Motors picked Casa Grande as the site for a manufacturing facility that will build the firm’s luxury electric cars, Ducey said during the Tuesday afternoon… Read More →

Raytheon adding nearly 2,000 jobs with Arizona expansion

Photo: neilld / 123RF Stock Photo

Raytheon Company (NYSE: RTN) plans to expand its Southern Arizona operations by adding nearly 2,000 jobs at the Missile Systems business headquarters over a five year period. The company plans to hire workers at all skill levels with an emphasis on engineering and other higher-wage, technical positions. Job creation, facilities expansion and operational output is… Read More →

Invest Southwest announces Venture Madness sign-up date

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Invest Southwest announced Monday that applications will open for the 2017 Venture Madness competition on Nov. 1, 2016 and run through Jan. 5, 2017. The anticipated annual event, in partnership with the Arizona Commerce Authority, will select 64 early-stage companies to compete in the bracket-style competition for a chance at a $100,000 shared prize. Invest Southwest is also holding a… Read More →

Forum to focus on ‘Doing Business in Mexico’

Mariposa port

Global law firm Greenberg Traurig, LLP, together with the Arizona-Mexico Commission and the Arizona Commerce Authority, will host a comprehensive forum focused on “Doing Business in Mexico.” The forum will be on Oct. 6 from 7:30 to 11:30 a.m., and it will be held at The Camby at 24th Street and Camelback Road in Phoenix. The… Read More →

Tech Council announces winners, finalists for Innovation Awards

Self-Service Technologies, Technology

The Arizona Technology Council and the Arizona Commerce Authority announced Individual Award winners, Company Award finalists and Student and Teacher Awards for the 2016 Governor’s Celebration of Innovation Awards (GCOI) presented by Avnet. The awards honor the visionaries of Arizona’s technology ecosystem whose passion and dedication energize Arizona’s rapidly growing technology community. “We were pleased to… Read More →

ACA names director of the Office of Economic Opportunity

Debra Schooler

The Arizona Commerce Authority Thursday selected Paul Shannon as its director of the Office of Economic Opportunity. The office will serve as an analytics and strategy team under the Arizona Commerce Authority that will continually analyze how Arizona stacks up against other states, identify ways to drive down regulatory and tax burdens and provide real-time data so… Read More →

Valley Partnership examines Valley as a logistics hub

rsz_estrella_logistics_center
by in AZRE Magazine

Valley Partnership has announced the topic for the August 26 breakfast. This month’s panel will discuss Arizona’s future as a hub for manufacturing and logistics and what business and economic development leaders are doing to ensure viability in these industries going forward. The logistics and manufacturing panel will feature Nicholaus Fischer, Merit Partners; Mark Lashinske,… Read More →

7 traits top entrepreneurs should have

Entrepreneurs

In today’s world, it seems like everyone has an idea for the next big thing. The success of ABC’s Shark Tank has spurred new shows like West Texas Investors Club, Food Fortunes and The Profit – all showcasing entrepreneurs and their 10-minute pitch to land a million-dollar deal. Yes, some ideas are less than stellar,… Read More →