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Arizona's Population: 5,832,150
Median age: 34.2
Available civilian workforce: 2,671,705
Total Employment: 2,506,677
Unemployment rate: 6.2%
Arizona is ranked:
1st in Entrepreneur Magazine’s list of “Hot States for Entrepreneurs” (September 2005)
4th in the nation in semiconductor employment (AeA Cyberstates 2005 Report)
5th in the nation in Department of Defense contracts (Department of Defense, 2002)
6th in high-tech exports in 2004 (AeA Cyberstates 2005 Report)
6th nationally in industry R & D investment as a percentage of Gross State Product (GSP) (Progressive Policy Institute's 2002 State New Economy Index)
CEOs named Arizona as the 4th most desirable state for corporations.
(Source: Chief Executives Magazine's poll)
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The Angel Investment Tax Credit Program has recorded its first certifications for eight small businesses. This paves the way for the investors in the businesses to qualify for tax credits. Read more.
The Angel Investment Tax Credit,signed into law by Governor Janet Napolitano, makes $20 million available in tax credits. As recommended by the Governor's Council on Innovation and Technology, this Arizona tax credit will assist early-stage small businesses attracting the much needed capital to expand operations and bring new ideas, products and services to market.
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