arizona commerce authority Archives

Kudelski Group will expand HQ to Phoenix

Digital content distributor and security firm, Kudelski Group (SIX:KUD.S), is opening its second global headquarters in Phoenix. This strategic decision brings several key business functions to the North American market and positions the company to capitalize on growth initiatives,while showcasing the high-quality innovation and engineering of its Swiss teams. The Kudelski Group’s technologies are used in a wide… Read More →

New York-based Oscar Health expands into Tempe

Oscar, a New York-based health insurance company, is expanding its Oscar Concierge team into Tempe at The Circuit, an adaptive re-use development near the Loop 101 and Loop 202 freeways. Oscar is a new kind of health insurance company designed to put people first. Through a high-tech, data-driven approach, easy-to-understand language and a unique set… Read More →

Arizona Commerce Authority announces innovative finalists

The Spring 2016 round of the Arizona Innovation Challenge (AIC) continues as the Arizona Commerce Authority (ACA) announced 10 finalists in its bi-annual business plan competition. The ACA provides $3 million in grants annually – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and early-stage companies. Up… Read More →

Ducey signs tax bill affecting business incentives

Ducey

Arizona Governor Doug Ducey has signed into law legislation to improve one of Arizona’s main tax incentives administered by the Arizona Commerce Authority. House Bill 2666, sponsored by Representative Karen Fann, includes amendments and reorganizations that affect Arizona’s business incentives. Highlights of the bill include: Office of Economic Opportunity: Establishes the Governor’s Office of Economic… Read More →

College Football Playoff has $273.6M economic impact

The 2016 College Football Playoff (CFP) National Championship generated $273.6 million in economic impact, highest among Arizona’s eight college football title games, according to a study by the L. William Seidman Research Institute at Arizona State University’s W.P. Carey School of Business. An estimated 65,401 visitors came to Arizona for the 2016 College Football Playoff… Read More →

Arizona Commerce Authority hosts competitiveness exchange

Arizona Commerce Authority

More than 50 high-level officials from 24 countries will come together to participate in the Americas Competitiveness Exchange (ACE) on Innovation and Entrepreneurship, hosted by the Arizona Commerce Authority April 10 through 13, 2016. Attendees represent a mix of industry, innovation, university and government organizations. ACE is a best practices-focused program that brings together business… Read More →

Orbital ATK will expand operations in Gilbert, add jobs

Arizona Gov. Doug Ducey and Orbital ATK, one of the Valley’s leading aerospace and defense technology firms, announced, Friday, the expansion of the company’s engineering operations in Gilbert. The expansion will add 60,000 square feet to the site that includes Orbital ATK’s Satellite Manufacturing Facility, one of the largest and most advanced spacecraft assembly and… Read More →

CEOs say education is Arizona’s No. 1 business challenge

Enterprise Bank & Trust

In a first-of-its-kind survey of Arizona-based businesses about the state’s overall business climate, findings show that the number one business issue in the state is education, and that the number one priority for local and state governments should be increasing K-12 public funding. The concern around education as it applies to job readiness was underscored through… Read More →

Census report shows record year for Arizona exports

Ducey

Preliminary data released this morning by the U.S. Census Bureau notes that Arizona’s 2015 exports were $22.56 billion, representing Arizona’s largest export year in recorded history. Additionally, Arizona exports were 6.2 percent higher than 2014, making it the 4th fastest growing export economy in the U.S. “These impressive trade figures are further evidence that Arizona is… Read More →

Arizona looks for economic boost from sports

by in AZ Business Magazine | Economy | Sports

The College Football Playoff National Championship Game on Jan. 11 is the next in a line of major sporting events coming to Arizona that has the potential for both short- and long-term financial benefits for the state, analysts and backers say. But while Super Bowl XLIX brought in over $700 million for the local economy, according… Read More →

Paraffin International wins 2015 innovation challenge

Paraffin

Paraffin International Inc. announced, Wednesday, the company has been named a winner in the Fall 2015 Arizona Innovation Challenge (AIC) for its innovative gLOVE Treat, a revolutionary therapeutic paraffin wax treatment for hands and feet. gLOVE Treat gloves and boots are an innovative, all-in-one solution to the disadvantages of traditional paraffin wax treatments. The easy-to-use, self-contained paraffin… Read More →

ACA announces Innovation Challenge winners

Vixxo

The Arizona Commerce Authority (ACA) has named six innovative early-stage companies as winners in the Fall 2015 round of the Arizona Innovation Challenge (AIC), its bi-annual business plan competition. “The Arizona Commerce Authority is proud to provide ongoing support to our state’s vibrant entrepreneurial ecosystem,” said Sandra Watson, Arizona Commerce Authority President and CEO. “Advancing… Read More →

ACA announces Fall Innovation Challenge finalists

Self-Service Technologies, Technology

The Fall 2015 round of the Arizona Innovation Challenge (AIC) continues as the Arizona Commerce Authority (ACA) today announced 10 finalists in its bi-annual business plan competition. The ACA provides $3 million in grants annually – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and… Read More →

Canadians help heat up Arizona economy

by in AZ Business Magazine | Economy | Featured

Canadians love escaping the cold and traveling south to soak up the Arizona sun, but Arizona is becoming more than just a vacation destination for Canadians. Arizona’s economic climate offers Canadian companies a great place to enter the U.S. market, and Canadian companies are taking advantage of Arizona’s favorable business climate. More than 350 Canadian… Read More →