In 2011, Arizona faced a true “crossroads” moment. Our economy slumped under the weight of the great recession. State revenue had plummeted. Families and businesses were suffering. What came next was unprecedented in our state’s history. Hundreds of stakeholders from the private sector, academia, elected office and more came together to develop a new vision for … [More]
With Gratitude
From its inception, the Arizona Commerce Authority has been guided by some of the best minds in private industry, the legislature and our state universities. This unique collaboration has been one of the chief strengths of the ACA, and the work of the last 10 years would not be possible without the time, leadership and dedication of all the individuals who have served on our … [More]
It Takes a Team
Ribbon cutting for the opening of Benchmark Arizona is recognized for our streamlined approach to economic development, with state, regional and local partners all working closely together to ensure an excellent, seamless experience for companies doing business here. Each organization brings key resources to the table to highlight a region’s strengths and assets. The ACA is … [More]
Growth Reimagined
Resilience in Arizona Arizonans are no strangers to hard times, and few times tested the state and its leaders like the Great Recession. In the years leading up to the 2008 financial collapse, Arizona’s economy blossomed, at least on the surface. A flood of new home and construction projects boosted job and revenue numbers to new heights. But these peaks would prove … [More]
A Transformative Decade
Period of Growth The passage of the Arizona Competitiveness Package in 2011 represented a groundbreaking shift in how Arizona pursues economic development and was the culmination of countless hours of collaboration among the legislature, Governor’s office and private sector. Of course, it was also just the beginning. “The work of creating a new Arizona Commerce … [More]
Welcome to Arizona, Where the Future Is Now
Ask any visitor to the state in 2011 what drives Arizona’s economy and you’d likely hear about retirees, real estate and red rocks. Today, Arizona is making a name for itself for entirely different reasons. Recently, national publications have labeled the state “U.S. Semiconductor Central,” “a modern-day salon of (electric vehicle) innovators,” and “the place where … [More]
