Like the mythological Phoenix rising, the Valley of the Sun gives rise to startup companies like few metropolitan areas in the country can. Inc Magazine named this region one of the top 20 for startups and we rank third in the nation in entrepreneurs per 1,000 people.
It's part of our culture. Arizona State University has made innovation one of the pillars of its academic goals; some 11,000 students are enrolled in more than 100 courses in entrepreneurship. Public and privately funded business incubators and accelerators thrive across the region.
And incentive programs that encourage innovation from the Arizona Commerce Authority and energy efficiency rebates from SRP make the cost of starting here competitive.
Plus, with everything from thriving nightlife to outdoor living fueled by 300-plus days of sunshine a year, we have the culture and climate to attract and retain those with an innovative spirit.
Whether your passion is electric vehicles to renewables, self-driving cars to the Internet of Things, Phoenix has the culture of innovation that will help your business thrive.
Learn more about emerging businesses in Phoenix from one of our partner agencies or contact an SRP economic development advisor today.