A big proponent of smart-city initiatives under Gov. Doug Ducey, Arizona Commerce Authority President and CEO Sandra Watson shared her insight on the work being done to elevate the Greater Phoenix region as a smart city during the Arizona Technology Council’s 2020 Smart City + IoT Conference.
Committed to increasing the use of renewable energy and energy efficiency in the state, the Arizona Technology Council outlines the importance of renewable energy.
In the Council’s August 2020 podcast, distinguished Tucson economic development leaders discussed the key drivers strengthening Tucson’s competitiveness, how Sun Corridor and the City of Tucson have been instrumental in accelerating economic growth in the region, as well as the factors fostering the innovation, technology and creativity needed to be a world-class tech hub.
Innovative companies, agencies and cities are playing a significant role in enabling the growth of Arizona’s transportation electrification market and electric-vehicle charging infrastructure. A distinguished panel of experts from the Nikola Motors Company, Silicon Foundry, Exponent and the City of Peoria, Ariz. discussed the economic development benefits and infrastructure challenges of increased adoption of electric vehicles, as well as how the growth of the electrification market and EV-charging infrastructure can play a role in Arizona’s economic recovery plan for the state. Moderated by Dominic Papa, Arizona Commerce Authority’s vice president of Smart State Initiative, it was a fantastic discussion and well worth a listen.
Nikola Motors Corporation, a global transportation leader in zero-emissions and infrastructure solutions, is one step closer to bringing a 1 million-square-foot manufacturing facility to Coolidge, Ariz. following an official groundbreaking ceremony on its approximate 430-acre parcel.
The bounce for Carvana represents the continuation of a comeback after the shares tanked in March and April as the Covid-19 pandemic set in and demand for cars took a break.
The United States-Mexico-Canada Agreement (USMCA) finally goes into effect across North America. In this uneasy time full of conflict and intense partisanship, it’s worth taking a moment to celebrate the bipartisan effort of Arizona’s congressional delegation to secure passage of this historic trade agreement. All 11 Republican and Democratic senators and representatives voted unanimously in favor of the USMCA, and they served as a model of compromise and cooperation for a divided Congress.
The Paycheck Protection Program Flexibility Act of 2020 (PPPFA) is intended to make it easier for Borrowers to maximize loan forgiveness. The PPP loan program still has funds available! View a list of participating lenders and get started today!
The Arizona Technology Council released its latest quarterly Arizona Technology Industry Impact Report. Among other positive news, the data from the Q1 2020 report revealed a steady 3.45% growth in technology sector employment. A new Supply Chain Gap Analysis also revealed 76% of Arizona’s technology industry supply chain purchases—a $4.5 billion value—are sourced in-region.
Federal leaders must find innovative ways to continue to support these businesses. One approach would be to establish a Small Business Energy Efficiency Grant program that would provide federal grants to electric and natural gas utilities and supplement available utility incentives to encourage small businesses to make zero-cost energy efficiency upgrades to their facilities.