Arizona can no longer be considered an “up-and-coming” technology hub. We have firmly solidified ourselves as a serious contender among the nation’s elite technology centers. In order to continue our community’s growth, we have prioritized investment capital as a key challenge to tackle. Through our legislative efforts, we feel that we are on track in this area as well.
The Arizona Technology Council has worked hard to accelerate investment in the technology community by advocating for important pro-investment legislation such as the Angel Investment Tax Credit, which gives a 30-35 percent tax credit to investors. Convincing our lawmakers to pass legislation that promotes investment is the final frontier to reaching peak technology output.
Overall, there are a number of sectors on the rise filled with companies deserving of investor dollars. And while I don’t want to make any specific recommendations on companies deserving of investment, I have broken down the 10 hottest sectors to explore if you’re interested in investing in our state’s technology community.