Over the past year, Arizona has been a hot spot for technology and business expansion. With the national eye watching what’s brewing in the Valley of the Sun, companies large and small have chosen to expand in a hotbed of new innovation, bringing both jobs and investments with them. According to data collected by the … Read more
Qwick, the Phoenix-based on-demand staffing platform for the food and beverage industry, will add more than 100 new employees this year — further evidence that Arizona continues to stand out as an up and coming tech ecosystem coming out of the COVID-19 pandemic. To say that Qwick struggled in 2020 would be an understatement. The … Read more
National Economic Development Week is wrapping up, but what isn’t ending this week is ASU’s commitment to helping businesses thrive in Arizona and contribute to the state’s economy. ASU’s Economic Development team works to help businesses succeed in our pro-business state by positioning them within reach of talented people and a multitude of resources at … Read more
We probably sound like a broken record at this point, but Arizona is doing really well in economic recovery coming out of the Covid-19 pandemic. Here’s another report that proves it. Arizona is number 3 in the country for job recovery, according to a report from the Arizona Commerce Authority. The state’s job recovery rate … Read more
June was another big month for tech in Arizona — everything from partnerships and grants to business milestones and expansions. Arizona Technology Council praises AZ’s 2022 fiscal year budget proposal The Council’s president and CEO Steven G. Zylstra said the proposal includes funding to keep Arizona competitive in tech. The proposed budget includes many of … Read more
Arizona saw some big tech developments in May, from expansion, acquisitions and life-saving partnerships to raising millions for local and regional startups. Another possible TSMC expansion in Arizona Taiwan Semiconductor Manufacturing Co., the world’s largest chipmaker, may expand even more in Arizona. Reuters reported in early May that sources familiar with TSMC’s expansion plans said … Read more
The Covid-19 pandemic cost the United States over 22 million jobs. The U.S. is 8 million jobs short of where we were in February 2020. Even so, Arizona job growth is increasing. It won’t be slowing down any time soon, as the state economy recovers faster than the rest of the country. Amid the country’s … Read more
The world’s largest chipmaker looks to double down on Arizona. Reuters reports that Taiwan Semiconductor Manufacturing Co (TSMC) may build several new semiconductor facilities, or fabs, in Arizona, in addition to an already planned fab in Phoenix. TSMC currently manufactures most of its chips in Taiwan, with older facilities in China and Washington state. But … Read more
Today at maker space TechShop Chandler, Governor Doug Ducey signed bill HB 2591, an intrastate crowdfunding bill where small businesses and entrepreneurs will be able to sell equity in their company over the Internet and receive funding from the general public. “Small businesses and startups will have a new avenue for growing and creating capital,” … Read more
GTAT announced Thursday afternoon their plan to cut hundreds of jobs due to their Chapter 11 bankruptcy filing on October 6. Reports indicate that a total of 727 jobs will be cut in order to help keep the struggling company afloat. According to SFGate, the job cuts include 524 production workers, 108 technical positions, 70 … Read more