Phoenix, Arizona’s rich business climate is rich expansive and ever growing. With a small state government and modest taxes, Arizona offers businesses inexpensive operational costs and a talented work force. Additionally, companies benefit from refundable tax credits, reimbursable grants and property tax reductions.
Arizona is known for its educated work force. Large universities and small specialized schools support a community of executives and new hires. With its healing climate, low cost of living and quality of life, Phoenix is tops for companies and people moving to the area. As a result, the city has been named by Forbes as one of the “Best U.S. Cities for Jobs” with an average age of 34.
Driving the educated workforce is Arizona State University. One of the largest public universities in the United States with just over 72000 students, ASU has four separate campuses across the Valley. Additionally, the University of Arizona (headquartered in Tucson) and Northern Arizona University (Flagstaff) both maintain a presence in Phoenix. Through small campuses in the Valley, these two post secondary institutions support medical and non-medical academic disciplines.
The Maricopa Community College District is one of the largest higher education systems in the country with 10 colleges and two skill centers. Serving more than 250,000 annually, it is Arizona’s largest provider of job training services.
Starting A Business
Entrepreneur magazine ranked Arizona 8th in “10 Best States for Starting a Business” in an April 2013. Making the greater Phoenix area among the nation’s fastest-growing regions. Recognized for strong job growth and entrepreneurial environment, Arizona is a fantastic place to start a new career or business. Arizona hosts the Arizona Innovation Challenge giving out $3 million in awards to entrepreneurs annually.
Due to the city’s location in the southwest United States and temperate climate, Phoenix has turned it into a top choice for business. Specifically in aerospace, high-tech, bioscience, advanced business and sustainable technology companies.