The University of Arizona Center for Innovation (UACI) is pleased to announce it was selected to participate in the Wells Fargo Innovation Incubator (IN2) Channel Partner network.
The boost in Phoenix job postings was among the largest in the country, both in terms of percent gained and of sheer volume. This glut of tech job openings is part of the larger recovery from the Covid-19 pandemic, which killed hundreds of thousands in the United States, put many people out of work and inspired others to seek new careers.
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.
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.
Startups are a significant driver of the U.S. economy. Each year, thousands of entrepreneurs launch new businesses that create jobs and spur innovation and efficiency across the market. According to the U.S. Census Bureau, more than 420,000 startups accounted for 2.2 million new jobs in 2018. And Metro Phoenix ranks as one of the hottest spots in the country for innovation, ranking No. 7 among U.S. cities with the most startups.
If you haven’t told your story yet, don’t let this momentum escape you. Take some time to think of these elements and sketch out some guiding thoughts to help you along your way. You want to be ready when someone asks you just about the three most important words in business: What’s your story?