In this podcast interview, Zylstra shed light on Arizona becoming as a great technology hub in the United States, how Arizona innovation compares to other states across the country; the flood of technology companies and tech talent moving to the Valley, the plethora of open, high-tech jobs; the importance of two of the most prominent industries in Arizona: semiconductors and aerospace; as well as the importance of venture capitalism and angel investing. Listen to the replay to hear valuable insight.
News and Press
Good business advice can go a long way, whether you’re a tech startup or established tech giant. In a recent podcast, Arizona Technology Council CEO Steven G. Zylstra reminds us “Yes, Dad really was right,” why there’s “No need to go it alone” and eight other valuable lessons he has learned over 50 years. Hosted by Siebe Van Der Zee, president of Vanderzee & Associates, Inc., this is well worth your time to listen to the replay.
As the state’s premier trade association for science and technology companies, the Arizona Technology Council applauds Arizona legislators for the passage of SB1124, which includes provisions extending the Small Business Capital Investment Incentive for another 10 years. Continued funding of this program was a top legislative priority for the Council in FY 2021.
TechTalk enews provides a monthly round-up of member updates, technological advancements, energy news, milestones and awards, industry news and featured content on the Council’s annual sponsors. Check out what’s happening in the Council’s June 2021 issue of TechTalk!
The Arizona Technology Council released its Q1 2021 Arizona Technology Industry Impact Report, providing key insight into the growth of the state’s technology sector. The new report shows technology jobs increased by 3.6%, industry wages grew by 3.07% and the number of technology companies in Arizona expanded by 4.3%, all in the last year. Additionally, job postings in technology for Q1 2021 have nearly hit the high-water mark set in July 2019, a leading indicator of the robust bounce back from the pandemic.
It’s disappointing that Arizona Corporation Commission Chair Lea Márquez Peterson has reversed her position, voting down a bipartisan set of clean-energy rules twice in one month. We are especially pleased to see the strong energy-efficiency standard and a 100% carbon-free electricity standard included in the package. While we would have liked to see a more aggressive timeline for Arizona to achieve 100% carbon-free electricity, the compromise of a strong interim target to achieve 50% clean energy by 2032 will go a long way to growing a thriving clean-energy industry.
Helping the state reach this achievement have been investors showing they believe in what startups and others in Arizona have created to improve our lives. The Legislature has the opportunity to do the right thing by recognizing the economic engine this program has been proven to be and voting to extend the angel investor tax credits for another 10 years. This is an investment in Arizona’s future, not only for the state’s startup community but also for taxpayers here and future generations of entrepreneurs.
As the premier trade association for science and technology companies, the Arizona Technology Council is urging state legislators to extend the Small Business Capital Investment Incentive, commonly referred to as the angel investor tax credit, for another 10 years. This is a program that needs to be continued because it has helped Arizona’s economic success and helped Arizonans fulfill the American dream of being able to start and grow small businesses here and be able to provide for their families while supporting their communities.
The Arizona Technology Council applauds Gov. Doug Ducey and the Arizona Legislature on the state’s fiscal year 2022 budget package proposal. This budget invests dollars and directs policy that will support economic success and growth for many programs of immense importance to Arizona’s technology sector.