What's Happening News & Events

PHOENIX, AZ (July 9, 2025) – Following an unprecedented streak of record setting years, Arizona economic development efforts reached still greater heights in Fiscal Year 2025 (FY25). In the 12-month fiscal period that ended on June 30, 2025, the Arizona Commerce Authority (ACA) and local economic development agencies successfully worked with companies that committed to creating a projected 24,285 new Arizona jobs with an average wage of $95,928. Both represent record-setting results for the state. The companies also committed to investing more than $31 billion in local communities. In addition to high-quality economic expansions, FY25 saw substantial wins for workforce development, startup and small business growth, supply chain enhancements, rural economic development, and more. 

PHOENIX, AZ (July 8, 2025) – The Arizona Commerce Authority (ACA), in partnership with the Southwest Mission Acceleration Center (SW MAC) today announced the launch of the Arizona Office of Defense Innovation (ODI), a new public-private partnership that will expand Arizona’s aerospace and defense leadership. Governor Hobbs and the Arizona Legislature established the Arizona Office of Defense Innovation through the recently enacted Fiscal Year 2026 budget. The Office will be housed within the ACA and serve as a critical hub to coordinate efforts between state agencies, defense contractors, academia, innovators, and the DoD.

PHOENIX, AZ (June 25, 2025) – To further strengthen economic ties between Arizona and Mexico, Arizona hosted a collaboration forum focused on semiconductor advancement on June 23-24. Held for the first time in the U.S. and Arizona, the U.S.-Mexico Semiconductor Collaboration Forum: Advancing Subnational Priorities and Strengthening Bilateral Collaboration showcased Arizona and Mexico’s semiconductor strengths. The Forum convened over 100 state and regional industry, government, and academic leaders in Arizona, the United States and Mexico to discuss enhanced semiconductor collaboration opportunities, strengthening regional cooperation to advance innovation, expand supply chains, and attract investment.