Arizona Association for Economic Development Announces New Officers

Arizona Association for Economic Development

The Arizona Association for Economic Development (AAED) has announced its new officers for 2020-2021. Mignonne Hollis, AZED Pro, executive director of the Arizona Regional Economic Development Foundation in Sierra Vista, is AAED’s new president. Lori Collins, deputy economic development director for the city of Mesa is the organization’s president-elect.  Wendy Bridges, AZED … [More]

Multi-family Expert Matt Rogers Joins MEB Management Services as VP of Operations

MEB Management Services

MEB Management Services is pleased to announce that multi-family industry expert Matt Rogers has joined the firm’s main office as Vice President of Operations. Rogers possesses more than 15 years of multi-family real estate and client management experience within the commercial real estate industry. Rogers has a strong grasp on both the Phoenix and Tucson markets, learning … [More]

Land Advisors Organization Hires Rebecca Wiley as Marketing Manager

Land Advisors Organization

Land Advisors Organization is pleased to announce that Rebecca Wiley has been hired as marketing manager for the firm’s 23 offices located across the country. Wiley possesses 20 years of experience in commercial real estate marketing and will be leading the firm’s marketing team strategy development and implementation from the Land Advisors Organization’s Metropolitan … [More]

Local Corp. Donates Free Meals from Local Food Trucks to Hospital Employees and First Responders

Abrazo Health

Employees and first responders at Abrazo Health locations across the Valley will be treated to free meals from local food trucks during the second week of June courtesy of Ball Corporation. The meals donated by Ball Corporation are in recognition of Abrazo’s health care heroes serving greater Phoenix during the ongoing novel coronavirus pandemic. Abrazo hospitals, like … [More]

Software Co. Closes Seed Round, Creates Conversational Marketing at Scale for Enterprises

Botco.ai

Botco.ai, Inc., a software technology company offering an automated conversational marketing platform that intelligently nurtures real-time chats with customers, today announced it has secured funding from several prominent angels and  investor groups. Botco.ai recently closed funds from AZ Tech Investors, Desert Angels, InvestU and PHX Ventures, setting the stage for … [More]

Opinion: Small Businesses Need PPP Flexibility Act to Become Law

Main Street Alliance

On the passage of the PPP Flexibility Act in the Senate last night, Executive Director of the Main Street Alliance Amanda Ballantyne has this to say: “The Paycheck Protection Flexibility Act is a first step in addressing the design flaws of the PPP and must immediately go to the President’s desk to become law, however, additional support is necessary to address the ongoing … [More]

1.9M Jobless Claims Last Week As Economy Begins to Reopen

U.S. Department of Labor

In the week ending May 30, the advance figure for seasonally adjusted initial claims was 1,877,000, a decrease of 249,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 2,123,000 to 2,126,000. The 4-week moving average was 2,284,000, a decrease of 324,750 from the previous week's revised average. The previous week's average was … [More]

May Commercial Ch. 11s Increase 48 Percent over Last Year, Total Filings Down 42 Percent

American Bankruptcy Institute

Total commercial chapter 11 filings in May 2020 increased 48 percent from the previous year, according to data provided by Epiq Systems, Inc. Commercial chapter 11 filings totaled 722 in May 2020, elevated from the May 2019 total of 487. Conversely, total commercial filings decreased 28 percent in May 2020, as the 2,578 filings were down from the 3,558 commercial filings … [More]

Institute Research Shows Impact of COVID-19 on Local Commerce, Spending Declines

JPMorgan Chase Institute

The JPMorgan Chase Institute released new research that examines the COVID-19 pandemic’s localized impact through the lens of consumers and merchants across 16 U.S. cities:  Phoenix, Atlanta, Chicago, Columbus, Dallas, Denver, Detroit, Houston, Los Angeles, Miami, New Orleans, New York, Portland, San Diego, San Francisco, and Seattle. This new research is the third in a series … [More]

Restaurant Accounting Platform Launches ‘Recovery Toolkit’

Restaurant365

Restaurant365®, the leading all-in-one restaurant management platform, today announced an additional set of tools designed to stimulate restaurant recovery. Restaurant365’s new features address the key areas currently facing restaurants: re-hiring, staffing, customer safety, delivery and profitability. “As we listen to customers, their stories of perseverance continue to … [More]

U.S. Chamber Launches National Initiative, State Chamber Leader Joins

Arizona Chamber of Commerce & Industry

Glenn Hamer, the president and CEO of the Arizona Chamber of Commerce & Industry, will serve on a steering committee for a U.S. Chamber of Commerce initiative to address inequality of opportunity through education, employment, entrepreneurship, and criminal justice reform. “I am honored to participate in this critically important initiative,” Hamer said. “The … [More]

Benefits Survey Shows Trends and Strategies to Control Costs and Attract, Retain Employees

Benefit Commerce Group

The results of the 7th annual Arizona Employee Benefits Benchmarking Survey of mid-size employers (50-5,000 employees), presented today in a Virtual Event, showed that: 44 percent of health insurance plans offered by Arizona employers surveyed were lower-cost high deductible plans; 50 percent were traditional copay type plans. In Arizona, median deductibles for … [More]

How to Be a Courageous Leader in the Post-Pandemic Era

By Merilee A. Kern, MBA

While some contest, or outright refute, whether or not former British Prime Minister Winston Churchill famously said “success is not final, failure is not fatal: It is the courage to continue that counts,” the power of that statement looms large irrespective of origin. Amid the wildly unforeseen fallout from the COVID-19 pandemic, this quote is rather prophetic. It speaks to … [More]

Three Phoenix Bio Startups Among 30 Worldwide Selected for International Venture Capital Competition

By Eric Jay Toll for In Business Magazine. Athena Sanchez contributed to this article.

Three Phoenix bioscience startups have been selected as finalists in the BIO International 2020 Startup Stadium. This year’s virtual event pits the trio of companies against 27 other finalists for venture capital, strategic partnerships and collaborative opportunities. BioMedical Sustainable Elastic Electronic Devices, Equus Innovations and i-calQ will face off in front of … [More]

Driving School Launches Extensive Track and Facility Expansion

Bondurant School of High Performance Driving

Bondurant High Performance Driving School reopens Sunday, June 14, to start its summer course schedule and showcase phase one of an extensive track and facility expansion and enhancement expected to be completed in time for the July 4th holiday. The reopening kicks off in high gear with an Advanced Formula Road Racing course featuring the school’s newest fleet -- Ligier JS F4 … [More]

WEBINAR – June 8: AAED Virtual Workforce Symposium Session 2 – Preparing a Workforce in the “New Normal”

Arizona Association for Economic Development

COVID-19 has forced expedited changes in approaches to workforce development in order to address the economic climate in which we find ourselves. Businesses, workforce participants, and the entire workforce development system must reinvent themselves in order to keep pace with the demands of the post-pandemic world. Hear from panelists, Holly Schor, Vice President of Mission … [More]

How Businesses Are Implementing the CDC Guidelines to Reopen Safely

by Edgar R. Olivo

As reopening across America is underway, many businesses are left wondering if they are doing enough to follow CDC guidelines to keep their workers and customers safe while making a profit. This is one of the many challenges small businesses will have to overcome soon to regain confidence in the marketplace. The CDC has published guidelines and decision tools to safely reopen … [More]

WEBINAR – June 9: Social Media Gold- Increasing Business Results Using Social Media 

Arizona Hispanic Chamber of Commerce

Presented by best selling author and Radio Show Host, Dom Faussette  This course will help the small business owner or new entrepreneur better their brand and overall presence on social media allowing them to increase their monetary results. Join us at our next Business Bootcamp/Member Orientation sponsored by Comerica Business Sense. After the presentation, we will have … [More]

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