Following an unprecedented streak of record-setting years, Arizona’s job creation record in 2025 reached new heights. In the 12-month Fiscal Year 2025 (FY25) that ended June 30, the Arizona Commerce…
On July 29, the Arizona Commerce Authority announced it was accepting applications for the Fall 2025 Cohort of the Arizona Innovation Challenge, one of the nation’s largest business plan competitions. Through…
With billions in new investment, a surge of startups and venture activity, and a deep pool of skilled talent, Arizona’s innovation economy is scaling fast — and the world is…
Today, Hadrian, the advanced manufacturing company building AI-powered factories for America, announced plans to establish a large-scale manufacturing and software hub, known as Factory 3 (F3) in Mesa, Arizona. The 270,000-square foot…
As the Paris Air Show kicks off, Arizona’s premier aerospace and defense (A&D) attractiveness is once again on the global stage. Home to some of the world’s largest A&D companies, innovative startups,…
In recognition of yet another banner year for economic development wins and economic momentum, Arizona today received a prestigious “Gold Shovel” award from Area Development Magazine in the 5-8 million state population category,…
International trade and investment continue to fuel new economic opportunities across Arizona, new data shows. Arizona’s international trade reached a record $74.4 billion in 2024, Governor Hobbs announced during her…
With a growing and skilled workforce, top education institutions and global industry leaders, Arizona launched the latest training facility for its nationally-recognized workforce development program. Joined by industry, education, and…
Governor Katie Hobbs today released her fiscal year 2026 Executive Budget proposal, which emphasizes key priorities including education, water security, and public safety. In addition, the Governor’s budget shows strong…
In 2024, the Arizona economy continued to attract historic investments while pioneering new advancements for workers, startups and small business owners, rural communities and more. “2024 represented a year of…
The Arizona Commerce Authority (ACA) announced today 10 awardees have been selected for the 2024 Arizona Innovation Challenge (AIC). The AIC is designed to advance innovation and technology commercialization opportunities in Arizona…
Terraline, an autonomous-ready electric truck company revolutionizing freight transportation, today announced plans to establish a new engineering headquarters in greater Phoenix, Arizona. The company is expected to create 30 new…
