Economic Development Newshttps://www.investinphoenix.com/newsEconomic Development News<div class="ExternalClass0D1A7AE5BAF34B278987EABE25D7716F"> <h1> See What's Happening in Phoenix<br></h1><p class="_text-body">The newsroom gives you information on Phoenix-focused news and exciting developments. Find story's about our growing population, new projects throughout the city, and learn about the latest rankings Phoenix is topping. Explore new and old stories about Phoenix and our community.<br></p></div>/images/NewsroomBanner.jpgnewsEconomic Development NewsHome Pagenews

 

 

In this section

 

 

Phoenix Business and Workforce Development Team Honored with Golden Prospector Awardhttps://www.investinphoenix.com/news/72Phoenix Business and Workforce Development Team Honored with Golden Prospector Award<div class="ExternalClass52DA75EF50444834BD0348A8FF1A5CF3"><p>​PHOENIX, Ariz. -​ The <a href="/workforce/bwdc" target="_blank">City of Phoenix Community and Economic Development Department’s ​Business and Workforce Development</a> team was honored with an Arizona Association for Economic Development (AAED) Golden Prospector Award for its Rapid Response effort last year when Nikola Corporation closed its manufacturing facilities in Phoenix and Coolidge. <br></p><p>Working in partnership with Pinal County, the team's rapid response coordination involved assisting more than 740 job seekers across four events, with 93 candidates trained, 44 employers connected with pre-screened candidates, and hundreds of job matches made within weeks of the layoffs.<br></p><p>The Phoenix Business and Workforce Development team was one of 11 organizations honored with a Golden Prospector Award during AAED's annual Fall Forum that was held in October in Prescott. The team was also recognized during a Pinal County Board of Supervisors meeting on January 7.<br></p><p><a href="https://aaed.com/aaed-presents-2025-golden-prospector-awards/" target="_blank">Read more about the 2025 AAED Golden Prospector awardees</a><br></p><p>Established more than 20 years ago, the Golden Prospector Award recognizes excellence in economic development. <br></p><p><strong>About the Arizona Association for Economic Development</strong><br>AAED, founded in 1974, has a mission to serve as Arizona's unified voice for responsible economic development through professional education, public policy, and collaboration. For more information, visit <a href="https://aaed.com/" target="_blank">aaed.com</a>.<br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Senior Public Information Officer<br>Phoenix Community and Economic Development Department<br>602-621-0507 (call/text)​<br><a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a><br></p></div>The Phoenix Business and Workforce Development team being recognized by the Pinal County Board of Supervisors for receiving a AAED Golden Prospector Awardhttps://www.investinphoenix.com/Lists/News/Attachments/72/Business Workforce Development - AAED Golden Prospector Award 2025 (cropped for Newsroom).jpg1/13/2026 6:30:25 PM
Phoenix Positions Itself at the Center of Global Innovation at 2026 Global Links Business Luncheonhttps://www.investinphoenix.com/news/71Phoenix Positions Itself at the Center of Global Innovation at 2026 Global Links Business Luncheon<div class="ExternalClass28FE8F1FCC374978A5C12AB82732D22A"><p>​PHOENIX, Ariz. - Mayor Kate Gallego and <a href="https://phoenixsistercities.org/event/2026-global-links/" target="_blank">Phoenix Sister Cities present the 2026 Global Links Business Luncheon​</a> on Thursday, February 19 at The Abbey on Monroe in Downtown Phoenix, 302 W. Monroe St. The event brings together regional business leaders, innovators, and civic partners to examine emerging global business trends and ways Phoenix can compete for investment, talent, and growth. <br></p><p>Global Links is a signature Phoenix Sister Cities event designed to strengthen international collaboration and advance the City’s presence in global commerce. <br></p><p><strong>FEATURED SPEAKERS</strong><br>Following a standout joint appearance at the 2025 Phoenix Global Forum, Dan Hart and Matt Cimaglia return to expand the conversation about how business leaders can connect the space economy and quantum technology to real-world competitiveness.</p><p><strong>Dan Hart, President, HarTechnologies</strong><br>Dan Hart leads HarTechnologies, where he advises technology companies and investors on strategy and execution across commercial and government markets. He is a longtime aerospace leader who previously served as CEO of Virgin Orbit and spent more than three decades at Boeing, including as Vice President of Government Satellite Systems. Hart is a member of the National Academy of Engineering, a Senior Fellow at the Atlantic Council, and serves on the National Academies Space Studies Board. He is known for leading complex space programs and translating technical innovation into clear strategy and effective execution. </p><p><strong>Matthew Cimaglia, Founder & Managing Partner, Quantum Coast Capit</strong><strong>al</strong><br>Matt Cimaglia leads Quantum Coast Capital, where he invests in early-stage quantum companies with an emphasis on practical advancement across hardware, software, and sensing. A serial entrepreneur and technology advocate, he previously founded Third Summit (parent company of Alteon.io) and built and exited a media business he launched at age 20. Cimaglia serves on the board of the Boca Raton Center for Arts & Innovation, and is known for making quantum computing more accessible and actionable for business leaders and investors.</p><p><strong>Mayor Kate Gallego, City of Phoenix (Special Presentation)</strong><br>Mayor Gallego will present Phoenix’s 2026 Business Awards during the luncheon, recognizing local companies and leaders driving job creation, innovation, and Phoenix’s global competitiveness in advanced industries. </p><p><strong>What Attendees Will Gain</strong><br></p><ul><li><p>Timely insights on global business trends shaping Phoenix’s economy, including emerging opportunities in the space economy and quantum innovation. </p></li><li><p>Meaningful networking with regional executives, investors, and civic leaders focused on international partnerships and growth. </p></li><li><p>A closer look at Phoenix companies and leaders advancing innovation and global engagement.<br></p></li></ul><p><strong>Event Details</strong></p><p><em>What:</em> 2026 Global Links Business Luncheon</p><p><em>When:</em> Thursday, February 19, 2026, 11:30 a.m. – 1p.m. </p><p><em>Where:</em> The Abbey on Monroe, 302 W. Monroe St.</p><p><em>Tickets:</em> General Admission ($125); Young Professionals under age 35 ($85). Purchase at <a href="https://phoenixsistercities.org/event/2026-global-links/" target="_blank">PhoenixSisterCities.org</a> </p><p><em>Sponsorship Opportunities:</em> Contact Joseph MacEwan, President/CEO of Phoenix Sister Cities: <a href="mailto:joseph.macewan@phoenix.gov">Joseph.MacEwan@phoenix.gov</a></p><p><strong>About Phoenix Sister Cities</strong><br>Phoenix Sister Cities is a nonprofit organization advancing Phoenix’s international friendship and global engagement through cultural, educational, and business exchanges. The Global Links Business Luncheon highlights the role of global partnerships in driving local economic growth and innovation. <br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Senior Public Information Officer<br>Phoenix Community and Economic Development Department<br>602-621-0507 (call/text)​<br><a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a>​</p></div>Global Links luncheon from 2025https://www.investinphoenix.com/Lists/News/Attachments/71/Mayor remarks.jpg1/5/2026 3:58:02 PM
Phoenix Advances Global Competitiveness with CES 2026 Business Delegationhttps://www.investinphoenix.com/news/70Phoenix Advances Global Competitiveness with CES 2026 Business Delegation<div class="ExternalClass34CF6B50605A414C9DE17D611E66D582"><p>​PHOENIX, Ariz. - A delegation of representatives from the City of Phoenix and innovative local companies will travel to Las Vegas on January 6-9 to participate in the <a href="https://www.ces.tech/" target="_blank">Consumer Electronics Show (CES)</a>.</p><p>CES is the world's largest and most influential technology conference, bringing together key players from tech companies of all sizes, senior-level executives, key government and policy decision-makers, media, and prominent tech influencers.</p><p>“Phoenix continues to show the world what a modern innovative city looks like," Mayor Kate Gallego said. “CES gives our companies a global stage to showcase their ideas, attract investment, and build partnerships that support good jobs and long-term economic growth here at home."</p><p>Phoenix-based companies joining the delegation will represent a variety of industries, including health technology, artificial intelligence, advanced manufacturing, clean energy, robotics, aerospace, and venture capital. </p><p>Companies scheduled to participate in the City of Phoenix delegation include:<br></p><p></p><ul><li><a href="https://www.algoface.ai/about-us/" target="_blank">AlgoFace</a> - AI powered facial recognition and analytics</li><li><a href="https://www.rakk.haus/projects/atari-hotel-phoenix" target="_blank">Atari Hotel</a> - Being designed/developed in Downtown Phoenix by local architecture studio <a href="https://www.rakk.haus/" target="_blank">räkkhaus</a></li><li><a href="https://www.censyn.com/" target="_blank">Cen​Syn</a> - Privacy preserving data collaboration technology</li><li><a href="https://www.freewayphx.com/" target="_blank">Freeway</a> - Startup growth and founder support platform</li><li><a href="https://healthtechconnex.com/" target="_blank">HealthTech Connex</a> - Healthcare technology and innovation platform<br></li><li><a href="https://www.miihealth.ai/" target="_blank">MiiHealth</a> - Digital health and AI solutions</li><li><a href="https://newuseenergy.com/" target="_blank">New Use Energy</a> - Clean energy and sustainability solutions</li><li><a href="https://pawport.com/" target="_blank">Pawport</a> - Smart pet door systems</li><li><a href="https://paxauris.com/" target="_blank">Paxauris</a> - Innovative hearing protection</li><li><a href="https://revobots.ai/" target="_blank">Revobots</a> - Robotics and autonomous systems</li><li><a href="https://syberjet.com/" target="_blank">SyberJet</a> - Aerospace and aviation manufacturing</li><li><a href="https://tesoro.vc/" target="_blank">Tesoro VC</a> - Venture capital and startup investment</li><li><a href="https://thepause.ai/" target="_blank">thePause</a> - Artificial intelligence driven wellness technology</li><li><a href="https://www.wexfordpbc.com/" target="_blank">Wexford Science & Technology</a> - Innovation district and life sciences development<br></li><li><a href="https://willmeng.com/" target="_blank">Willmeng Construction</a> - Advanced construction and development</li><li>and more are expected<br></li></ul><p></p><p>Phoenix Vice Mayor Ann O'Brien, representing District 1, is also scheduled to participate in the delegation. The Vice Mayor's district is home to Taiwan Semiconductor Manufacturing Company (TSMC) Arizona and other companies that support the semiconductor and advanced manufacturing supply chain in Greater Phoenix.</p><p>“Phoenix's approach to economic development is intentional and results-driven," Vice Mayor Ann O'Brien, chair of Phoenix's Economic Development Subcommittee, said. “CES gives us the opportunity to highlight Phoenix's strengths in advanced manufacturing and emerging technologies, while building partnerships that create pathways to quality jobs and workforce readiness for our residents."</p><p>The trip advances the City's strategy to position Phoenix as a global hub for innovation, talent, and investment.</p><p>“CES is where technology, capital, and talent intersect," Ryan Touhill, Director of the City of Phoenix Community and Economic Development Department, said. “This delegation highlights the depth of Phoenix's innovation ecosystem and our commitment to helping local companies scale, compete, and connect on a global level."<br></p><p>CES attracts more than 130,000 attendees from more than 150 countries and features thousands of exhibitors showcasing next generation technologies. Participation allows Phoenix companies to increase visibility, build partnerships, and strengthen the City's reputation as a destination for innovation and investment. </p><p>For more information, visit <a href="/why-phoenix/ces" target="_blank">InvestInPhoenix.com/CES</a>.</p><p><strong>What business leaders are saying about Phoenix:</strong> </p><p>Zac Cohen, Founder, <a href="https://www.rakk.haus/" target="_blank">räkkhaus</a>, said: <br>"Atari has always lived in the future - long before the rest of the world caught up. Phoenix is the launchpad. Anchored in the Roosevelt Row Arts District, The Atari Hotel fuses gaming, culture, and architecture into a single, evolving system. This is culture at full voltage."<br></p><p>Martin Diamond, CEO, <a href="https://pawport.com/" target="_blank">Pawport</a>, said: <br>"Pawport is very excited to be featured again with the City of Phoenix at CES 2026. With our recent launch behind us, we are proud to be showcased among the robust and growing Phoenix technology sector at this important global consumer tech event."<br></p><p>Susan Sly, Founder/CEO, <a href="https://thepause.ai/" target="_blank">thePause</a>, said:<br>"It is an incredible honor to represent the transformative potential of technology at CES. As a founder, author, and global speaker, I have spent my career advocating for innovation that genuinely improves people's lives. Showcasing our work at CES is both a privilege and a responsibility, and I am grateful for the opportunity to stand alongside leaders who are shaping the future of health and technology."<br></p><p><strong>Media Contacts:</strong></p><p>Gregg Bach, Marketing and Communications Manager<br>Phoenix Community and Economic Development Department<br>602-309-2667 (call/text)<br><a href="mailto:Gregg.Bach@phoenix.gov">Gregg.Bach@phoenix.gov</a></p><p>Athena Sanchez, Senior Public Information Officer<br> Phoenix Community and Economic Development Department<br>602-621-0507 (call/text)​<br><a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a>​<br></p></div>CES event logo on a sign at a convention center in Las Vegas, Nevadahttps://www.investinphoenix.com/Lists/News/Attachments/70/CES_sign_image.jpg12/30/2025 4:56:12 PM
Phoenix Leads List of Best U.S. Cities for Startupshttps://www.investinphoenix.com/news/69Phoenix Leads List of Best U.S. Cities for Startups<div class="ExternalClassDC7FB282D0FD4C43AF9E415E745D3A47"><p>​PHOENIX, Ariz. - Phoenix leads all major U.S. cities in startup company density and growth, according to a report published this month by Commercial Cafe. Scoring 62.1 out of a total of 100 points, it topped the list of cities with a population of more than 1 million. <br></p><p>Additionally, Phoenix earned maximum points for its startup density and percentage increase, and boasted the second-highest jump in total share of college-educated residents. The city's prospective talent pool grew by nearly one-third between 2019 and 2024.​<br></p><p>Analysis for the report included a range of factors, such as office or coworking costs, networking opportunities, startup density and survival rate, and percentage of college-educated residents.<br></p><p><em>Read the complete article and report available on CommercialCafe.com:</em> <br><a href="https://www.commercialcafe.com/blog/best-us-cities-for-startups/" target="_blank">Best Cities for Startups: Phoenix & Austin Lead the Charge for New Business Density & Growth</a><br></p><p>Commercial Cafe is an online platform for commercial real estate (CRE) listings and data. Part of the Yardi network, it connects available office, industrial, retail and coworking properties with tenants and buyers.<br></p></div>Downtown Phoenix at nighthttps://www.investinphoenix.com/Lists/News/Attachments/69/downtown phoenix nightime.jpg12/16/2025 6:24:02 PM
Phoenix-based Humabiologics Expands to Winston-Salem’s Innovation Quarterhttps://www.investinphoenix.com/news/68Phoenix-based Humabiologics Expands to Winston-Salem’s Innovation Quarter<div class="ExternalClass4A0FD0FFAA3649C09A7878ECCAE754D0"><p></p><p>PHOENIX, Ariz. - Humabiologics, a leading biotechnology company pioneering human-derived biomaterials for regenerative medicine, announced on November 12 its expansion to Winston-Salem, North Carolina, with a new site in the Innovation Quarter, one of the nation's leading hubs for biomedical science and technology. <br></p><p>Building on a recent grant from the National Science Foundation's (NSF) Regenerative Medicine Engine in North Carolina, and growing collaborations with medical device innovators, Humabiologics' new location marks its first expansion outside of Phoenix. The company will use the Innovation Quarter site to accelerate the development and manufacturing of first-in-market medical devices made from native human collagen.<br></p><p>Founded in Phoenix, Humabiologics began with a mission to provide the first clinically relevant, human-derived materials for regenerative medicine research. After years of building a strong foundation in quality systems and tissue-based biomaterial innovation, the company is now extending its impact beyond research, translating its technology to serve patients directly. <br></p><p>"We started by providing scientists with the first human-based materials for research. Today, we are taking the next step, developing medical devices from the same human collagen that has already helped patients for decades through donated human tissue," Dr. Mohammad Albanna, Founder and CEO of Humabiologics, said. "Our expansion to Winston-Salem's Innovation Quarter places us at the heart of one of the most vibrant regenerative medicine ecosystems in the country, close to clinical partners, emerging manufacturing talent, and world-class research institutions."<br></p><p>The Winston-Salem site will focus on collaborative product development, clinical translation, and early-stage manufacturing in partnership with regional institutions, including the Wake Forest Institute for Regenerative Medicine (WFIRM). The location offers proximity to both hospital systems and the specialized workforce pipeline needed for future scale-up.<br></p><p>The expansion aligns with the FDA's broader initiatives to reduce animal testing and promote human-relevant biomaterials in preclinical and clinical development. By leveraging its unique tissue donation history and advanced collagen technology, Humabiologics aims to co-develop innovative regenerative therapies with leading medical device companies.<br></p><p>"Humabiologics is helping shape the next generation of regenerative technologies by using native human biomaterials to bridge the gap between research and patient care," Dr. Anthony Atala, Director of the Wake Forest Institute for Regenerative Medicine, said. "Their presence in the Innovation Quarter strengthens the region's ecosystem, where science, medicine, and industry work side by side to bring new technologies to life."<br></p><p>The move also reflects the company's commitment to building on the strong foundation established in Phoenix. <br></p><p>"Phoenix is proving that scientific innovation and economic growth go hand in hand. Humabiologics started here with a groundbreaking vision for human-derived biomaterials, and, today, their national expansion shows how discoveries made in Phoenix can shape the global biotech economy and improve people's lives. This is the kind of innovation that strengthens both our City and the future of medicine," Phoenix Mayor Kate Gallego said.<br></p><p>Humabiologics is now hiring its first Winston-Salem-based employees and expects to expand its local team during the coming year.<br></p><p>"We're not leaving Phoenix; we're growing," Albanna said. "The Innovation Quarter offers an ideal environment where science, collaboration, and economic development come together, exactly the kind of community where transformative medical innovation belongs."<br></p><p><strong>About Humabiologics:</strong><br>Humabiologics is a pioneering biotechnology company dedicated to developing and producing high-quality, native human-derived biomaterials for regenerative therapies and tissue engineering applications. The company is committed to advancing the field by providing researchers with innovative and ethically sourced biomaterials that meet the highest standards. The company's products are used by researchers worldwide to drive advancements in tissue engineering, wound healing, and drug discovery. Learn more at <a href="https://humabiologics.com/" target="_blank">humabiologics.com</a>.</p><p><strong>Media Contact:</strong><br>Vishal Khanna, Humabiologics<br>336-251-2560<br><a href="mailto:info@humabiologics.com">info@humabiologics.com​</a>​​</p></div>Humabiologics branding https://www.investinphoenix.com/Lists/News/Attachments/68/Humabiologics-2021.png11/14/2025 2:24:55 AM
Ryan Touhill Named New Phoenix Community and Economic Development Directorhttps://www.investinphoenix.com/news/67Ryan Touhill Named New Phoenix Community and Economic Development Director<div class="ExternalClass9F4129E93C8A494AAC9A627DEAC5C960"><p>​PHOENIX, Ariz. - The City of Phoenix is pleased to announce the appointment of Ryan Touhill as the new Community and Economic Development Director. He will begin his new role on December 1, 2025.​</p><p>Touhill brings nearly two decades of experience in local government and economic development, most recently serving as Director of Arlington Economic Development (AED) in Virginia. There, he led the creation and implementation of AED’s Strategic Plan for Economic Growth, positioning Arlington as a leader in the region’s tech and innovation ecosystem. Under his leadership, AED secured millions in new investment and supported the creation of thousands of jobs, while launching successful initiatives such as the All In Arlington tourism campaign and policies to revitalize commercial districts.</p><p>Prior to his role in Arlington, Touhill served as Senior Vice President and Chief of Staff at the Alexandria Economic Development Partnership, where he played a key role in securing Amazon’s second headquarters and Virginia Tech’s Innovation Campus for Northern Virginia. He also led COVID-19 economic relief programs, supporting hundreds of small businesses and protecting thousands of jobs. Touhill’s career began in the City of Alexandria’s budget and human resources departments, and he has been recognized for his service by Virginia Business Magazine, George Mason University, and the Alexandria Chamber of Commerce.</p><p>"Ryan’s proven track record of driving economic growth, fostering innovation, and supporting community development makes him an outstanding choice to lead Phoenix’s Community and Economic Development Department," City Manager Jeffrey J. Barton said. "We are confident that his leadership will build on an already strong foundation ensuring Phoenix advances as a premier destination for business and opportunity."<br></p><p>Touhill holds a Bachelor of Arts from George Mason University and a Master of Public Administration from George Washington University. He is an active member of the Virginia Economic Developers Association and the Northern Virginia Economic Development Alliance.</p><p>Touhill succeeds Christine Mackay, who retired from the City earlier this month after 11 years of distinguished service to lead the Greater Phoenix Economic Council (GPEC) as President and CEO. <br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a><br></p></div>Ryan Touhil was named as the new Director of the Phoenix Community and Economic Development Department.https://www.investinphoenix.com/Lists/News/Attachments/67/newsroom-ryan-touhill.jpg10/30/2025 11:23:29 PM
Read the Latest Issue of the Phoenix CED Quarterly Newsletterhttps://www.investinphoenix.com/news/66Read the Latest Issue of the Phoenix CED Quarterly Newsletter<div class="ExternalClassD8E26B3F562C44EC82A45917BDAFD8B6"><p>​P​HOENIX​, Ariz. - The <a href="/why-phoenix/business-newsletter" target="_blank"><strong>October issue of The Quarterly</strong></a>, a digital newsletter published by the Phoenix Community and Economic Development Department, ​covers news and updates from the third quarter of 2025, including:</p><ul><li>Highlights from the SEMICON West event held at the Phoenix Convention Center on Oct. 7-9<br><br></li><li>A look at a new "funtertainment" concept that recently opened in North Phoenix<br><br></li><li>An announcement about a new biomedical partnership between Arizona and Taiwan<br><br></li><li>And, a farewell message from Christine Mackay as she retires from the City of Phoenix and moves into a new role with GPEC ​<br></li></ul><p>Published four times a year, <a href="/why-phoenix/business-newsletter" target="_blank"><strong>The Quarterly</strong></a> celebrates the successes of the Phoenix business community, and provides information about the many resources the City of Phoenix and its partner​ organizations offer to help local businesses grow, expand and thrive. </p><p>Visit the links below to read and interact with the newsletter, and become a FREE subscriber.​<br></p><p><a href="https://issuu.com/phxced/docs/the_quarterly_newsletter_2025_q3" target="_blank"><strong>Read The Quarterly - 2025: Quarter 3 issue</strong></a><strong> ​</strong></p><p><a href="https://action.phoenix.gov/j1.pl?46126-TheQuarterly" target="_blank"><strong>Subscribe to The Quarterly email list</strong></a></p><p><a href="/why-phoenix/business-newsletter" target="_blank"><strong>Visit The Quarterly webpage</strong></a>​​​​​<br></p></div>SEMICON West at Phoenix Convention Center in October 2025https://www.investinphoenix.com/Lists/News/Attachments/66/Semicon 2025-Phoenix-16.jpg10/30/2025 7:27:37 PM
Mackay Among WESTMARC Best of the West 2025 Honoreeshttps://www.investinphoenix.com/news/65Mackay Among WESTMARC Best of the West 2025 Honorees<div class="ExternalClassC645C59B14184DC9B5A96CACB4B08A86"><p>​GLENDALE, Ariz. - Christine Mackay, the former Director of the City of Phoenix Community and Economic Development Department, was honored with WESTMARC's (Western Maricopa Coalition) West Valley Regional Advancement Award during the 33rd Annual Best of the West Awards Dinner on Oct. 23 at Desert Diamond Arena.<br></p><p> Mackay, who retired earlier this month after 11 years with the City of Phoenix ​and is now the President and CEO of the Greater Phoenix Economic Council (GPEC), was recognized for her instrumental work in strengthening the West Valley's position for economic growth. Her efforts include the leadership behind attracting TSMC to North Phoenix, and bringing other transformative projects to the region.</p><p>In addition to Mackay's award, the WESTMARC Board of Directors recognized two other individuals whose leadership and dedication continue to shape the future of the West Valley:</p><ul><li><strong>West Valley Inspiration in Leadership Award:</strong> Charley Freericks, President, Howard Hughes-Teravalis<br><em>Recognizing extraordinary leadership that serves as an inspiration to others across the region.<br><br></em></li><li><strong>35th Anniversary Milestone - Pinnacle of Dedication Award:</strong> Herman Orcutt, Founding Leader of WESTMARC<br><em>Recognized for his foundational contributions and lifelong advocacy for the West Valley's growth and success.</em></li></ul><p>Also presented during the dinner was the Best of the West Awards in the categories of Economic Engine, Emerging Leader, Education & Workforce Development, Innovation, and Quality of Life Enhancement.<br></p><p><strong>2025 Best of the West Award Winners:</strong><br></p><ul><li><strong>Economic Engine:</strong> Taiwan Semiconductor Manufacturing Company (TSMC)<br><br></li><li><strong>Emerging Leader:</strong> Gabriel Gamino Guerrero<br><br></li><li><strong>Excellence in Education & Workforce Development:</strong> Agua Fria Union High School District - Academies of the Southwest Valley<br><br></li><li><strong>Excellence in Innovation:</strong> Abrazo​ Health West Campus<br><br></li><li><strong>Quality of Life Enhancement:</strong> West Valley Mavericks Foundation<br></li></ul><p></p><p><b>About WESTMARC:<br></b>The Western Maricopa Coalition (WESTMARC) is a public-private partnership of the 15 communities, business community, and education sector in the West Valley. For 35 years, WESTMARC has focused on promoting responsible growth, quality of life, and economic development throughout the region - bringing leaders together to strengthen and advance the West Valley's position as a premier place to live, work, and thrive.</p><p><strong>Media Contact:</strong><br>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a>​<br></p></div>Christine Mackayhttps://www.investinphoenix.com/Lists/News/Attachments/65/ChrisMackay_Landscape.jpg10/28/2025 12:14:17 AM
Tesoro VC and Startup Island TAIWAN Forge Global Partnershiphttps://www.investinphoenix.com/news/64Tesoro VC and Startup Island TAIWAN Forge Global Partnership<div class="ExternalClass651625C985BE4469994ABAA7A1011B9B"><p>​PHOENIX, Ariz. & TAIPEI, Taiwan​ - Tesoro Venture Capital (Tesoro VC), a leading Arizona-based venture fund and accelerator focused on artificial intelligence and semiconductor innovation, and Startup Island TAIWAN (SIT), the national startup brand powered by Taiwan’s National Development Council, announced on Oct. 15 the signing of a Memorandum of Understanding (MOU) to deepen collaboration between the U.S. and Taiwan in the rapidly expanding AI + Semiconductor sectors.<br></p><p>The partnership establishes a two-way bridge between two of the world’s most dynamic technology ecosystems - Arizona and Taiwan - focused on accelerating startup growth, facilitating investment, and connecting innovators with corporate and manufacturing resources across both regions.<br></p><p>At a time when global investment in semiconductors and AI is projected to reach multi-trillion-dollar levels by 2030, Tesoro VC and SIT are aligning efforts to ensure startups remain at the heart of that growth. The partnership will focus on five key pillars: startup acceleration, market access, joint events, co-investment opportunities, and ecosystem development - linking universities, corporates, and research institutes across both regions to strengthen innovation, commercialization, and cross-border collaboration.</p><p>Startups have always been the lifeblood of the AI and semiconductor industries. Every global leader - Nvidia, TSMC, Apple, OpenAI - was once a startup. Arizona has emerged as the epicenter of U.S. semiconductor and AI investment, home to over 200 semiconductor-related companies and a rapidly growing AI infrastructure hub. The state now hosts more than $165 billion in TSMC fabs, Intel’s multi-billion-dollar expansion, and Amkor’s new $7 billion advanced packaging facility in Peoria, alongside major investments from Apple, Microsoft, Nvidia, Amazon, and OpenAI in AI, cloud, and hyperscale data centers.<br></p><p>Taiwan, meanwhile, remains the world’s cornerstone of semiconductor design, manufacturing, and innovation. This partnership brings both regions together in a shared mission - to empower startups to lead the next wave of global technology development and ensure that the fabs and data centers of today are filled with the breakthrough ideas that define tomorrow.</p><p>"The next generation of trillion-dollar companies will come from the intersection of AI and semiconductors - and startups are where that value is born," Andy Lombard, Managing Partner of Tesoro VC, said. "Our model bridges early-stage innovation directly into the global semiconductor value chain. With partners like TSMC, Cadence, and Amkor, we’re giving investors and corporates access to the founders building the chips, systems, and AI platforms that will power the next decade of growth. Partnering with Startup Island TAIWAN extends that bridge across the Pacific - connecting Arizona’s infrastructure with Taiwan’s unmatched innovation ecosystem."<br></p><p>Amanda Lui, Managing Director of Startup Island TAIWAN, said:<br>"Taiwan has long been the world’s innovation engine for advanced technologies, and Startup Island TAIWAN was created to connect our founders to global markets. Partnering with Tesoro VC provides a direct bridge into Arizona’s growing semiconductor and AI hub, enabling startups to access investment, corporate partnerships, and real commercial pathways. Together, we’re creating a cross-border platform that accelerates growth and amplifies impact."<br></p><p>Mark Kelly, U.S. Senator of Arizona, said:<br>"The partnership between Tesoro VC and Startup Island TAIWAN is an exciting step to help more startups in the microchip, artificial intelligence, and other tech industries grow their U.S. presence in Phoenix. Building on the 2023 agreement I witnessed in Taiwan between the Greater Phoenix Economic Council and Startup Island TAIWAN, today’s milestone will further strengthen the bonds between Phoenix and Taiwan, paving the way for more innovation, good-paying jobs, and continued economic growth in Arizona."<br></p><p>Christine Mackay, CEO of the Greater Phoenix Economic Council (GPEC), said:<br>"This partnership exemplifies the type of global collaboration that has driven Greater Phoenix’s emergence as a premier hub for advanced manufacturing and innovation. Tesoro VC and Startup Island TAIWAN are building powerful pathways for startups to scale, and we are proud to support their work in building the future of AI and semiconductors."<br></p><p>The MOU builds on previous collaborations between SIT and GPEC, and supports broader national objectives in both the U.S. and Taiwan to strengthen supply chain resiliency, accelerate startup-driven commercialization, and expand global innovation networks. Through this partnership, Tesoro VC and Startup Island TAIWAN aim to co-launch initiatives that bring together investors, corporates, universities, and governments to turn bold ideas into world-changing technologies.</p><p><b>About Tesoro Venture Capital:<br></b>Tesoro VC is a Phoenix-based venture fund and accelerator focused on scaling the world’s most promising startups in artificial intelligence, semiconductors, and deep-tech. Through its AI + Semiconductor Accelerator and Global Design Center - developed in collaboration with TSMC, Cadence, and Amkor - Tesoro helps founders move from prototype to pilot to production while connecting them directly to global supply chains, investors, and customers. Learn more: <a href="http://www.tesoro.vc/" target="_blank" rel="noopener">tesoro.vc</a>​</p><p><strong>About Startup Island TAIWAN (SIT):</strong><br>Startup Island TAIWAN is the national startup brand launched by Taiwan’s National Development Council. It promotes Taiwan’s innovation ecosystem by supporting founder exchanges, cross-border partnerships, and global commercialization. By linking Taiwan’s deep-tech talent, semiconductor expertise, and vibrant startup community with international markets, SIT is driving the next wave of global technology entrepreneurship. Learn more: <a href="http://www.startupisland.tw/" target="_blank" rel="noopener">startupisland.tw</a>​</p><p><b>About the Greater Phoenix Economic Council:<br></b>The Greater Phoenix Economic Council (GPEC), globally recognized as a top economic development organization (EDO), works to attract and grow quality businesses and advocate for the competitiveness of Greater Phoenix. A data-driven regional EDO, GPEC works with 22 member communities, Maricopa and Pinal counties and more than 200 private investors to accomplish its mission and serve as a strategic partner to companies across the world as they expand or relocate to Greater Phoenix. Over the past 36 years, GPEC has fueled the regional economy by helping over 1,075 companies, creating more than 195,000 jobs and more than $76.5 billion in capital investment. Greater Phoenix is in a relentless pursuit of innovative and entrepreneurial-focused companies looking to thrive and scale in a vibrant, dynamic region. There is an undeniable spirit about Greater Phoenix; one rooted in strength, collaboration and resilience. Greater Phoenix is Greater Together. Learn more: <a href="http://www.gpec.org/" target="_blank" rel="noopener">gpec.org</a></p><p><strong>Media Contact:</strong><br>Andy Lombard, Tesoro VC<br><a href="mailto:andy@tesoro.vc">andy@tesoro.vc</a>​<br></p></div>Branding for Tesoro Venture Capital and Startup Island TAIWANhttps://www.investinphoenix.com/Lists/News/Attachments/64/Tesoro-Startup-Island-logos.jpg10/15/2025 9:26:10 PM
Taiwan AI Smart Health Showcase Center Established at Phoenix Bioscience Corehttps://www.investinphoenix.com/news/63Taiwan AI Smart Health Showcase Center Established at Phoenix Bioscience Core<div class="ExternalClass97BBA4CFB1334B528B8BD6B579B7B10B"><p>​PHOENIX, Ariz. - To advance health care and biomedical opportunities between Arizona and Taiwan, the City of Phoenix, Arizona Commerce Authority, Arizona State University (ASU), and Taiwan Digital Health Industry Development Association signed a Declaration of Collaboration focused on establishing and promoting the Taiwan AI Smart Health Showcase Center on the Phoenix Bioscience Core (PBC) in downtown. The signing ceremony was held on Oct. 9 at Venture Cafe Phoenix in the 850 PBC Building, 850 N. 5th St​.<br></p><p>Ceremony​ attendees also celebrated the opening of the Taiwan AI Smart Health Showroom, which features 15 innovative Taiwan-based health care companies that were part of a delegation visiting the Valley this week to attend the SEMICON West event at the Phoenix Convention Center.<br></p><p>The Declaration of Collaboration aims to support Taiwanese companies to establish and expand their presence in the U.S. and global markets with Arizona as a hub, bringing together government, industry, and academia to create a dynamic, two-way innovation ecosystem.</p><p>Representatives from each signing party included, Phoenix Mayor Kate Gallego​; Sandra Watson, President and CEO of the Arizona Commerce Authority; Dr. Sally Morton, Executive Vice President and Professor, ASU Knowledge Enterprise; and Jean Yang, President of Huijia Health on behalf of the Taiwan Digital Health Industry Development Association.<br></p><p>Declaration of Collaboration goals include:</p><p></p><ul><li><p><strong>Showcase Center Development:</strong> Plan, establish, and operate the Showcase Center to enable Taiwanese biomedical and medical device companies to land and grow in Arizona.<br></p></li><li><p><strong>Research and Development, and Clinical Collaboration:</strong> Facilitate joint research and clinical trials with Arizona academic institutions and medical organizations.<br></p></li><li><p><strong>Market Expansion:</strong> Assist companies in developing sales channels, strategic partnerships, and investment opportunities across the U.S. and international markets.<br></p></li><li><p><strong>Policy and Regulatory Support:</strong> Provide guidance on relevant government policies and regulatory requirements to help companies enter and thrive in the U.S. market.<br></p></li><li><p><strong>Talent and Exchange:</strong> Promote industry–academic exchange and workforce development to build a long-term cooperative network.<br></p></li></ul><p></p><p></p><p>"The launch of the Taiwan AI Smart Health Showroom at the Phoenix Bioscience Core marks an exciting step forward in international collaboration and innovation," Phoenix Mayor Kate Gallego said. “This partnership brings cutting-edge health care technology to our community, while strengthening the ties between Phoenix and Taiwan. As we continue to grow as a global hub for bioscience, this collaboration is a powerful example of how innovation and diplomacy can come together to improve lives and drive economic opportunity."<br></p><p>"As home to world-class universities and a thriving startup ecosystem, Arizona has become a global destination for health care innovation and cutting-edge research," Sandra Watson, President and CEO of the Arizona Commerce Authority, said. “We are proud to collaborate with ASU, the City of Phoenix, and the Taiwan Digital Health Industry Development Association on the Taiwan AI Smart Health Showcase Center, which will accelerate health care advancements and further expand economic collaboration between Arizona and Taiwan."<br></p><p>"Advancement in biomedical and medical device industries will not only drive innovation in patient care and scientific discovery, it will produce devices and therapies that will help treat chronic conditions and reduce health care costs," ASU President Michael Crow said. "Arizona State University is excited to be part of this collaborative effort, working with partners in Arizona and Taiwan, to strengthen resilience in this important area of technological convergence."<br></p><p>"On behalf of TAIDHA, we're honored to formalize this collaboration with Arizona," Jean Yang, President, Huija Health and Representative, Taiwan Digital Health Industry Development Association, said. "Together we will accelerate AI-enabled smart health innovations, connect clinical partners, and open new pathways for U.S.–Taiwan biomedical exchange."<br></p><p><strong>Exhibiting companies in the Showcase include:</strong> <br>PHARMIGENE, Inc.; Leeuwenhoek Laboratories Co. Ltd.; Inno-Health Technology Co., Ltd. (Aculife); IDEABUS TECHNOLOGY LIMITED LIABILITY COMPANY; PROFET AI TECHNOLOGY CO., LTD; Brain Navi Biotechnology Co., Ltd; Elite BioMedical Corporation, Inc.; Somnics Inc.; Kaohsiung Armed Forces General Hospital Sleep Center; Neural Engineering Lab Office of Industrial-Academia Co-creation, NYCU; Core-Spirit Co., LTD.; ProtectLife International Biomedical Inc.; Institute of Preventive Medicine, National Defense Medical University; Dynalab Inc.; Huijia Health Life Technology Co., Ltd.</p><p>Arizona's bioscience ecosystem continues to grow with innovation hubs and biotech corridors, including Mayo Clinic's Discovery Oasis that is currently under development in North Phoenix, the Phoenix Bioscience Core (PBC) in downtown, Phoenix Medical Quarter/Midtown, ASU Research Park, Tech Parks Arizona, and more that bring together startups, researchers, industry, and clinical partners to develop and advance new research and technologies in shared, state-of-the-art facilities.<br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a>​<br></p></div>Taiwan AI Smart Health Showcase Center in downtown Phoenix, AZhttps://www.investinphoenix.com/Lists/News/Attachments/63/Taiwan AI Smart Health Showcase Center.jpg10/10/2025 5:59:10 PM
Canada-based NeuroCatch Announces U.S. Headquarters at Phoenix Bioscience Corehttps://www.investinphoenix.com/news/62Canada-based NeuroCatch Announces U.S. Headquarters at Phoenix Bioscience Core<div class="ExternalClassF1053789C8204C9DA50B517FF320F7DE"><p>​PHOENIX, Ariz. - NeuroCatch Inc., a brain health technology company based out of British Columbia, announced that it will open its United States headquarters in Greater Phoenix at the Phoenix Bioscience Core (PBC).</p><p>The company, an alumnus of the 2025 Arizona State University (ASU)/Mayo Clinic MedTech Accelerator, will support commercialization, manufacturing, sales, distribution, and clinical trials out of its new 1,000-square-foot office space. Operations began Oct. 1, with further scaling of operations planned into 2026.</p><p>"Phoenix has built one of the most dynamic healthcare and innovation ecosystems in the world, fueled with passionate people across all spectrums, and we are excited to become a part of it for the U.S. and global commercialization of our product," CEO Derek Norsworthy said. "With NeuroCatch, we look forward to contributing our own breakthrough in brain health, helping expand the Valley’s impact outward to communities across the nation and around the world."<br></p><p>This location represents NeuroCatch’s first major U.S. presence and will serve as a launchpad for commercialization throughout the U.S. Its primary technology, the NeuroCatch Platform, provides objective, rapid and non-invasive cognitive assessments using electroencephalography (EEG)-based brain vital signs. The company intends to hire approximately 10 new employees over the first three years.</p><p>"NeuroCatch chose Phoenix because this is where bold ideas in medicine become real-world breakthroughs," Phoenix Mayor Kate Gallego said. "Their expansion to the Phoenix Bioscience Core strengthens our growing ecosystem of researchers, clinicians, and entrepreneurs who are redefining what’s possible in neurotechnology. Phoenix is proud to be a place where innovation thrives and the future of healthcare is being built every day."<br></p><p>Phoenix’s bioscience and medtech sectors have emerged as one of the most rapidly growing ecosystems in the nation, backed by a workforce that grew more than 50% from 2018-2023 and a growing number of clusters in the region. The PBC is a major hub of bioscience activity, serving as a premier environment for research activities across a 30-acre medical and bioscience campus. The campus features a collection of Arizona’s three major universities, three major hospital systems, and a mixture of public and private research.</p><p>"The blend of Greater Phoenix’s renowned healthcare ecosystem, opportunities for innovators and entrepreneurs, and growing talent pool made it the ideal region for NeuroCatch’s national headquarters," Allison Bakovic, Greater Phoenix Economic Council Vice President of Business Development, said. "Surrounded by partners in PBC, NeuroCatch will be able to maximize its efforts to advance and commercialize its neurotechnology around the nation."<br></p><p><b>About NeuroCatch:<br></b>NeuroCatch Inc. is a leader in advanced brain health technology. Its flagship product,the NeuroCatch® Platform, features a medical device that provides objective, rapid, and non-invasive cognitive assessments using EEG-based Brain Vital Signs. Recognized globally as a breakthrough in neurotechnology, NeuroCatch is trusted by clinicians, researchers, sports organizations, and military programs to better understand, monitor, and optimize brain health.​</p><p><strong>Media Contact:</strong><br>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a>​​</p></div>850 PBC building at 850 N. 5th St. in downtown Phoenix, AZhttps://www.investinphoenix.com/Lists/News/Attachments/62/PBC_850_N_5th_Street_aerial_view.jpg10/10/2025 4:29:18 PM
SEMICON West Comes to Phoenix, Boosting City's Status on Global Tech Stagehttps://www.investinphoenix.com/news/61SEMICON West Comes to Phoenix, Boosting City's Status on Global Tech Stage<div class="ExternalClass5C5E16E2EDC6490AADC263D0A57FA1BC"><p>​PHOENIX, Ariz. – The City of Phoenix, in partnership with the Greater Phoenix Economic Council (GPEC) and other regional partners, welcomes <a href="https://expo.semi.org/west2025/Public/enter.aspx">SEMICON West</a> – the world's premier microelectronics industry conference – to the Phoenix Convention Center on October 7-9. After being held for decades in San Francisco, Phoenix will now play host to the event on a rotating basis, with it scheduled to return in 2027 and 2029.  <br></p><p>Mayor Kate Gallego said: “Phoenix is proud to welcome SEMICON, deepening our ties with international partners in Asia, Europe, and beyond. This achievement highlights our City's strength as a center of innovation, our world-class workforce, and our role in advancing technology that impacts the entire globe. SEMICON will energize our economy, support local businesses, and cement Phoenix's place as America's semiconductor capital." </p><p>The conference is expected to have more than 35,000 attendees, which would make it the most attended SEMICON West to date, and generate millions of tourism dollars for the local economy. Its historic move underscores Phoenix's growing reputation as a hub of semiconductor manufacturing and advanced technology in the U.S., while also reflecting the City's leadership in workforce development, global supply chain integration, and innovation. </p><p>Christine Mackay, Director of the City of Phoenix Community and Economic Development Department, and incoming CEO of GPEC said: “Bringing SEMICON to Phoenix is the result of years of collaboration and determination. This move validates our position as a global leader in semiconductors, and ensures that Phoenix residents and businesses will benefit from new opportunities, investment and visibility on the international stage." </p><p>The conference provides an opportunity to highlight Foreign-Trade Zone (FTZ) No. 75, which serves the Greater Phoenix region and enhances Arizona's semiconductor ecosystem by providing cost savings and other efficiencies to advanced manufacturers. As Grantee, the City of Phoenix administers FTZ 75. In 2023, FTZ 75 reported over $22 billion in merchandise received and more than $3 billion in exports. Semiconductor, aerospace, and electronics firms actively leverage its benefits, from duty deferral and streamlined customs procedures to accelerated time-to-market, making Phoenix a powerful platform for global tech growth.  </p><p>Overlapping with the programming at SEMICON, the Phoenix Workforce Coalition will host a Community of Practice discussion titled “Future of Workforce in the Semiconductor Industry" on October 10 from 8:30 a.m.-noon at South Mountain Community College, 7050 S. 24th St. This dynamic half-day session will bring together employers, educators, city leaders and workforce partners to co-design the next phase of Phoenix's semiconductor talent pipeline.   </p><p>SEMICON connects the entire extended electronics design and manufacturing supply chain in one place at one time.</p><p><strong>Media Contact: </strong><br> Gregg Bach, Marketing and Communications Manager<br> City of Phoenix Community and Economic Development Department <br> Call/text: 602-309-2667 <br> <a href="mailto:Gregg.Bach@phoenix.gov">Gregg.Bach@phoenix.gov</a><br></p></div>Tech imagehttps://www.investinphoenix.com/Lists/News/Attachments/61/AdobeStock_305507033.jpeg10/2/2025 10:36:44 PM
Celebrate Taiwanese Culture at the 2025 Double Ten Festival https://www.investinphoenix.com/news/60 Celebrate Taiwanese Culture at the 2025 Double Ten Festival <div class="ExternalClassA8010FA32565485BAB5E43F4145CAAFF"><div><div>​Phoenix Sister Cities Taipei Committee hosts an evening of food, music, fireworks, and cultural exchange at ASU West </div><div><br><strong>​Phoenix, Ariz.</strong> – Phoenix Vice Mayor O’ Brien, Phoenix Sister Cities and the Taipei Committee invite the community to celebrate 2025 Double Ten at Arizona State University’s West Valley campus on Saturday, October 4, from 6 to 9 p.m. This annual event, free and open to the public, brings together families, students, and neighbors to honor Taiwanese heritage and enjoy an evening of cultural exchange and festivity. The celebration was established and is funded through the support of Phoenix’s Vice Mayor Ann O’Brien, whose leadership has helped make this gathering a cherished tradition in the city.  </div></div><div><br></div><div>“I’m proud of our Sister City relationship with Taipei, one of our strongest and most vibrant global partnerships,” said Phoenix Vice Mayor Ann O’Brien. “Events like Double Ten Day showcase the diversity and cultural richness that make Phoenix special, while also strengthening international relationships that open doors for future collaboration in education, business, and the arts.”</div><div><br></div><div><strong>Guests can experience:</strong></div><div>•<span style="white-space:pre;"> </span>Authentic Taiwanese and Asian cuisine</div><div>•<span style="white-space:pre;"> </span>A lively night market featuring local craft vendors</div><div>•<span style="white-space:pre;"> </span>Live cultural performances on stage</div><div>•<span style="white-space:pre;"> </span>Fun activities for children</div><div>•<span style="white-space:pre;"> </span>Unique door prizes</div><div>•<span style="white-space:pre;"> </span>A spectacular drone show to close out the evening</div><div><br></div><div><strong>A Celebration of Global Friendship</strong></div><div>In partnership with Vice Mayor O’Brien’s Office, The Double Ten Festival is co-organized by the Phoenix Sister Cities Taipei Committee, one of the City’s active international committees working under Phoenix Sister Cities, the City of Phoenix’s official citizen diplomacy program. For more than 50 years, Phoenix Sister Cities has built relationships with communities around the world, creating opportunities for cultural exchange, economic connections, educational programs, and international goodwill.</div><div><br></div><div>“The Double Ten Festival is more than a celebration, it’s a bridge between cultures,” said Wen Chyi Chiu, Chair of the Phoenix Sister Cities Taipei Committee. “Through food, music, and shared traditions, we bring our community together to honor Taiwan’s heritage and highlight the deep friendship between Taipei and Phoenix. It’s an evening where neighbors can experience the richness of Taiwanese culture right here in their community.”</div><div><br></div><div>The Taipei Committee plays a vital role in promoting the strong bond between Phoenix and its sister city, Taipei, Taiwan. Each year, committee members and volunteers collaborate to present the Double Ten Festival as a way to showcase Taiwanese culture, strengthen community ties, and celebrate the friendship between Phoenix and Taipei. Additional sponsorship provided by Taiwan Semiconductor Manufacturing (TSMC), Arizona Public Service (APS), HonorHealth, and Southwest Gas.</div><div><br></div><div>Board Chair Bruce Meyerson added, “Phoenix Sister Cities is proud to create an event that welcomes everyone, from longtime Phoenicians to first-time visitors, to experience Taiwan’s spirit of community. This festival embodies the mission of Phoenix Sister Cities: connecting people, fostering understanding, and building friendships that last across generations.”</div><div><br></div><div><strong>EVENT DETAILS</strong></div><div>•<span style="white-space:pre;"> </span>What: 2025 Double Ten Festival</div><div>•<span style="white-space:pre;"> </span>When: Saturday, October 4, 2025 | 6–9 p.m.</div><div>•<span style="white-space:pre;"> </span>Where: ASU West Valley – Sun Devil Fitness Center Lawn</div><div>4701 W. Thunderbird Rd, Glendale, AZ 85306</div><div>•<span style="white-space:pre;"> </span>Website: asuevents.asu.edu/event/double-10</div><div><br></div><div>The event is free to attend. The celebration will take place outdoors. Guests are encouraged to bring lawn chairs or blankets for seating comfort. Free parking will be available in throughout the campus, with signs guiding attendees to the festival entrance.</div><div><br></div><div><strong>Media Contact</strong></div><div>Rita Marko, President/CEO </div><div>Phoenix Sister Cities </div><div>rita.marko@phoenix.gov</div><div>602-430-4853<br></div><p><br></p></div>Double 10 image https://www.investinphoenix.com/Lists/News/Attachments/60/double 10.png10/2/2025 6:20:31 PM
Phoenix's Tesoro VC Launches Global AI + Semiconductor Accelerator and Startup Hubhttps://www.investinphoenix.com/news/59Phoenix's Tesoro VC Launches Global AI + Semiconductor Accelerator and Startup Hub<div class="ExternalClass8B29D3B82F7A4A7BA2A1DF165BAB03B7"><p>​PHOENIX, Ariz. - Tesoro Venture Capital announced on Wednesday landmark startup initiatives in Phoenix, where it will serve as the lead operator to oversee accelerator programs and design-center operations. Tesoro VC will collaborate closely with industry partners, including Amkor, Cadence, and TSMC, as well as the City of Phoenix and Greater Phoenix Economic Council (GPEC), to drive the growth of the local semiconductor ecosystem through:</p><ul><li><strong>The Global AI + Semiconductor Startup Hub</strong> - a purpose-built accelerator designed to launch and scale 40 to 60 deep-tech startups annually.<br><br></li><li><strong>The Global Semiconductor Design Center</strong> - an advanced chip design and prototyping facility co-developed with Cadence.</li></ul><p>Tesoro's AI + Semiconductor Accelerator is a launchpad for high-potential startups advancing AI and chip innovation. Working closely with ecosystem partners, Tesoro delivers an end-to-end pathway - from design and prototyping to packaging and high- volume manufacturing - helping founders shorten development cycles and scale breakthrough technologies. By anchoring this innovation pipeline in Phoenix, the initiative strengthens U.S. competitiveness and advances national leadership in critical AI and semiconductor technologies.<br></p><p><strong>Transformative Impact for Phoenix and the Global Semiconductor Ecosystem</strong><br></p><ul><li><strong>Startup Acceleration:</strong> Providing startups with access to capital, mentorship and industry partners to speed development and scale breakthrough technology companies.<br><br></li><li><strong>Innovation Capacity:</strong> Startups gain immediate access to Cadence's world-leading Electronic Design Automation (EDA) platform, advanced prototyping infrastructure, and high-performance compute resources, while also benefiting from TSMC's industry-leading process technologies, Amkor's state-of-the-art packaging and test solutions, and Phoenix's innovation ecosystem that connects talent, infrastructure and industry leadership.<br><br></li><li><strong>High-Skill Job Creation:</strong> Hundreds of specialized engineering, design and support roles will be created across the Greater Phoenix region.<br><br></li><li><strong>University Collaboration:</strong> Tesoro VC and its partners will work with leading universities worldwide to convert research breakthroughs into high-growth spinouts through tech transfer and proof-of-concept funding. The initiative will expand access for students, researchers and spinouts to world-class design and manufacturing capabilities.<br><br></li><li><strong>Global Reach:</strong> Tesoro VC will curate a worldwide pipeline of startups and spinouts - spanning the U.S., Asia, Europe and Latin America - providing them a direct pathway to design, prototyping and manufacturing, while enabling them to scale and become the next generation of AI and semiconductor leaders.</li></ul><p><strong>Leadership Commentary</strong></p><p><strong>Andy Lombard, Founder and Managing Partner, Tesoro Venture Capital</strong></p><p>"Startups are the lifeblood of innovation in AI and semiconductors. Our mission is to give them a seamless path from idea to impact - accelerating their journey from concept to design to global scale. By partnering with TSMC, Cadence, Amkor, the City of Phoenix, and GPEC we are creating the next generation ecosystem designed to cultivate the very companies that will define and then deliver technology the world has yet to imagine."</p><p><strong>Mayor Kate Gallego, City of Phoenix</strong></p><p>"Phoenix is a global semiconductor and tech hub, and today's announcement further cements our status. Collaborating with Tesoro, TSMC, Cadence, Amkor and our university partners accelerates our already significant bevy of cutting-edge technology companies investing in our region and the high-quality, middle- class jobs you can raise a family on that come with them."<br></p><p><strong>Tom Beckley, Senior Vice President, Cadence Design Systems</strong></p><p>"We're excited to partner with Tesoro and industry leaders to power startups with Cadence's world-class design tools. Together, we're creating an ecosystem that accelerates AI, semiconductor and systems innovation vital to U.S. leadership. As a global leader in electronic design automation, Cadence is committed to giving startups cutting-edge technologies and solutions trusted by the world's top semiconductor companies."<br></p><p><strong>Lucas Tsai, Vice President, Emerging Business Management, TSMC North America</strong></p><p>"Startups are a vital source of innovation. Since its inception, TSMC has empowered startups across the industry by providing access to our cutting-edge technologies and manufacturing capacity to help them grow and succeed. We will continue to collaborate with industry partners like Tesoro to nurture next-generation semiconductor startups globally, driving exciting innovations and fueling significant growth across the semiconductor industry."<br></p><p><strong>Kevin Kan, Senior Vice President, Amkor Technology</strong></p><p>"We're proud to partner with Tesoro, TSMC, and Cadence to create a complete pathway​ for startups ready to scale. With Amkor's advanced packaging and test capabilities, we ensure that breakthrough AI and semiconductor designs can transition into reliable, high-volume products that strengthen the global supply chain."<br></p><p><strong>About Tesoro Venture Capital:</strong><br>Tesoro Venture Capital is an AI + S​emiconductor-focused accelerator and fund based in Phoenix, Arizona. Partnering with founders, industry leaders and global universities, Tesoro helps early-stage ventures transform advanced research and technology into scalable startups, creating the next generation of leaders in AI and semiconductors. Learn more at <a href="http://www.tesoro.vc/" target="_blank">tesoro.vc</a><br></p><p><strong>Media Contacts:</strong><br>Andy Lombard, Tesoro VC<br><a href="mailto:andy@tesoro.vc">andy@tesoro.vc</a><br></p><p>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:athena.sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a>​<br></p></div>Tech imagehttps://www.investinphoenix.com/Lists/News/Attachments/59/AdobeStock_321373627.jpeg9/17/2025 7:24:02 PM
MiiHealth AI to Collaborate with one of the leading Health Systems in the United States to advance DAINA, its AI Agent for Streamlining Patient Intakehttps://www.investinphoenix.com/news/58MiiHealth AI to Collaborate with one of the leading Health Systems in the United States to advance DAINA, its AI Agent for Streamlining Patient Intake<div class="ExternalClass16CCB4A41ED54E9FBDBE679A7D31C287"><div><strong>​Phoenix, Ariz.,</strong> MiiHealth AI, an emerging leader in agentic AI for healthcare, has announced it has entered into a know-how agreement with Mayo Clinic. This collaboration aims to revolutionize patient intake, streamline provider workflows, and enhance care quality.<br></div><div><br></div><div>“DAINA marks a seminal moment in the evolution of digital medicine, demonstrating how artificial intelligence can be harnessed to restore the inherent passion and purpose that defines exceptional healthcare practice,” said Kelvin Summoogum. “By combining world-class clinical insight with cutting-edge AI, and in working with Mayo Clinic experts to ensure clinical rigor and relevance. We’re building a solution that drives clinical excellence, while preserving the attention and empathy that patients expect in care.”</div><div><br></div><div>Administrative burden and provider burnout poses a significant crisis for health systems, impacting both patients and providers. By automating routine tasks and facilitating timely patient interactions with MiiHealth AI’s agents, health systems can improve operational efficiency while supporting overburdened staff and allowing care teams to work at the top of their license, maintaining a high standard of patient care.</div><div><br></div><div>Phoenix Mayor Kate Gallego states, “Phoenix is proud to be home to groundbreaking collaborations that are shaping the future of healthcare. This collaboration exemplifies the innovation happening in our City where cutting-edge technology and world-class medicine come together to improve lives. By advancing tools like DAINA, we are creating a more compassionate and accessible patient experience while also easing unnecessary burdens on providers. This is the kind of forward-thinking solution that keeps Phoenix at the forefront of global healthcare innovation.</div><div><br></div><div>The project will be lead by MiiHealth AI Chairman and CEO, Hon Prof. Kelvin Summoogum, and Vice-Chair for cardiology at Mayo Clinic, Reza Arsanjani, M.D.</div><div><br></div><div>DAINA (Dynamic AI Intake and Navigation Assistant) is a fully autonomous, multilingual AI agent that modernizes and humanizes the patient intake process through empathetic, natural-language conversations via tablets in the exam room. Unlike AI scribing technologies, DAINA independently guides patients through clinical intake without the provider in the room, engaging individuals in their native language with culturally sensitive dialogue. It collects structured medical history, symptoms, medication adherence, and flags critical issues, generating concise, specialty-specific summaries for providers ahead of each visit. DAINA handles intake logistics, so Mayo Clinic staff can focus on providing the personal connection and reassurance patients value most. This approach streamlines workflows, reduces administrative burden, and delivers comprehensive pre-visit data in a relaxed, user-friendly way, empowering providers to focus on higher-order clinical care and meaningful human interaction, ensuring patients fell heard, supported, and understood throughout the visit.<br></div><p><strong></strong></p><p><strong>This</strong><strong> </strong><strong>collaboration</strong><strong> </strong><strong>presents</strong><strong> </strong><strong>a</strong><strong> </strong><strong>strategic</strong><strong> </strong><strong>opportunity</strong><strong> </strong><strong>to:</strong></p><ul><li><strong>Support</strong><strong> </strong><strong>overburdened</strong><strong> </strong><strong>clinical</strong><strong> </strong><strong>staff</strong><strong> </strong>by offloading time-consuming, repetitive documentation tasks, enabling them to focus on patient interaction and empathetic care.</li><li><strong>Improve</strong><strong> </strong><strong>staff</strong><strong> </strong><strong>utilization</strong><strong> </strong>by enabling teams to focus on higher-value, revenue-generating care that directly impact profitability.</li><li><strong>Validate</strong><strong> </strong><strong>scalable,</strong><strong> </strong><strong>patient-facing</strong><strong> </strong><strong>AI</strong><strong> </strong>that preserves empathy while enhancing workflow speed, precision and staff efficiency.</li></ul><p>MiiHealth AI was founded by a multidisciplinary team of clinicians, technologists, and healthcare operators with a mission to build AI tools with providers, for providers that enhance patient-centered clinical excellence while making healthcare more human, intuitive, and equitable.</p><p><em>Mayo</em><em> </em><em>Clinic</em><em> </em><em>has</em><em> </em><em>a</em><em> </em><em>financial</em><em> </em><em>interest</em><em> </em><em>in</em><em> </em><em>the</em><em> </em><em>technology</em><em> </em><em>referenced</em><em> </em><em>in</em><em> </em><em>this</em><em> </em><em>press</em><em> </em><em>release.</em><em> </em><em>Mayo Clinic will use any revenue it receives to support its not-for-profit mission in patient care, education, and research. </em></p><p>For more information, visit <a href="http://www.miihealth.ai/">www.miihealth.ai</a> or <a href="mailto:contact%C3%82%C2%A0hello@miihealth.ai">contact <strong>hello@miihealth.ai</strong></a>.</p><div><strong>​Media Contact:</strong><br></div><div>Athena Sanchez, Sr. Public Information Officer<br></div><div>City of Phoenix Community and Economic Development Dept.<br></div><div>Call/text: 602-621-0507</div><div>Athena.Sanchez@phoenix.gov<br></div><p><br></p></div>mii health DIANA device https://www.investinphoenix.com/Lists/News/Attachments/58/LinkedIn_Hype 1.png9/10/2025 9:01:49 PM
Najafi Family and Barrow Neurological Foundation to Receive Prestigious Global Awardshttps://www.investinphoenix.com/news/57Najafi Family and Barrow Neurological Foundation to Receive Prestigious Global Awards<div class="ExternalClass3CCEF972E31548A18C42E7326F7AFDE9"><p>PHOENIX, Ariz. – Phoenix Sister Cities will host its signature <strong>Mayor's International, a Global Citizen Celebration, at Chateau Luxe on Friday, October 17, 2025</strong>, bringing together community leaders, business executives, and international partners for an evening of cultural exchange, fine dining, and recognition of those who elevate Phoenix on the global stage.<br></p><p>Highlights of the evening will include the presentation of the prestigious <strong>Global Citizen Awards</strong>, honoring individuals and organizations whose vision and leadership strengthen P​​​​​hoenix's international presence:</p><ul><li><p><strong>Global Citizen Award:</strong> Francis and Dionne Najafi, and Jahm and Cheryl Najafi</p></li></ul><ul><li><p><strong>Global Industry Award:</strong> Barrow Neurological Foundation</p></li></ul><p>"As a city that thrives on connection, collaboration, and cultural exchange, Phoenix is proud to recognize and honor those who exemplify what it means to be a global citizen," Mayor Kate Gallego said. "This celebration reflects the strength of our Sister Cities network and the power of international partnerships to build a more vibrant, inclusive future."<br></p><p><strong>Celebrating Leadership, Creativity, and Community</strong></p><p>This year's event will be co-chaired by Oscar De las salas and Gary Jackson, dynamic leaders whose careers and volunteer service reflect a deep commitment to arts, culture, and community. </p><p>De las salas​​, a native of Colombia, is an award-winning architect and business leader with Gensler. Jackson, originally from Seattle, began his career as a professional actor before moving into global ecommerce leadership and now leads North America Sales for PayPal. Together, they serve on boards and committees for Artlink, Greater Phoenix Economic Council (GPEC), Valley Partnership, Phoenix Sister Cities, and Arizona Opera, and have chaired numerous nonprofit events.</p><p>"Our shared belief is simple," Jackson said. "Strong economies and thriving arts both grow from the same foundation - community."<br></p><p>This years' experience will be curated by renowned celebrity chef Markus Ford (<a href="https://chefmarkusford.com/" target="_blank">ChefMarkusFord.com</a>), known across the country as the "Chef to the C-Suite" for his bespoke culinary experiences for top executives and dignitaries. Chef Ford will design a one-of-a-kind dining menu inspired by Phoenix's global Sister Cities, creatively blending international flavors with local flair.<br></p><p>"Chef Ford brings unmatched passion and international perspective to every plate," De las salas said. "The culinary journey he's preparing will celebrate the shared spirit of community and cultural exchange that defines Phoenix Sister Cities."<br></p><p>​​In addition to the awards and dinner, guests will have the chance to win exceptional prizes through the Travelin' Around drawing, including:</p><p><strong>Grand Prize:</strong> Two round-trip economy class tickets to any one of our sister cities PLUS $3,000 cash<br><strong>First Prize:</strong> Two round-trip tickets on Starlux Airlines<br><strong>Second Prize:</strong> A Staycation Package, including a clay sports shooting experience for four<br><strong>Third Prize:</strong> Something special from Hamra Jewelers<br></p><p>Event tickets are $250 per person and $100 for Young Professionals. A $350 VIP ticket will include admission to a pre-event speakeasy at Chateau Luxe. Guests may check in at registration upon arrival - no paper tickets will be issued.</p><p><strong>Event Details:</strong><br> When: Friday, October 17, 2025 | 6:30 PM<br> Where: Chateau Luxe<br>1175 East Lone Cactus Drive, Phoenix, 85024<br>​Tickets: $350 VIP | $250 General | $100 Young Professionals<br> Website: Purchase tickets and drawing entries at <a href="https://phoenixsistercities.org/" target="_blank">PhoenixSisterCities.com</a><br></p><p><strong>Media Contact:</strong><br> Athena Sanchez, Communications Manager<br> City of Phoenix Community and Economic Development Department<br> Call/text: 602-621-0507<br> <a href="mailto:Athena.Sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a><br></p></div>Image of international flagshttps://www.investinphoenix.com/Lists/News/Attachments/57/MI Image 2025.png9/3/2025 8:48:12 PM
GPEC Names Christine Mackay as President and CEOhttps://www.investinphoenix.com/news/56GPEC Names Christine Mackay as President and CEO<div class="ExternalClassC4503A67ADF4459B9B64840A1A30336A"><p>PHOENIX, Ariz. - The Greater Phoenix Economic Council (GPEC) Board of Directors announced on Thursday that nationally recognized economic leader Christine Mackay will be the new President and CEO of the organization, effective Oct. 13, 2025.</p><p>Mackay, who has served as the City of Phoenix Community and Economic Development Director since August 2014, enters the role with nearly 30 years of experience in economic development, which coincides with her 30 years of commercial real estate experience.</p><p>"Christine is a powerhouse in the region with meaningful relationships across the market and a deep understanding of our dynamic industry base and GPEC priorities," GPEC Board Chair and Arizona Diamondbacks President and CEO Derrick Hall said. "The board is confident that her experience and leadership will reinforce GPEC's strengths in positioning Greater Phoenix as a global leader for economic growth."<br></p><p>"Christine's steadfast partnership and leadership in catalytic projects to the market has elevated Greater Phoenix to its current era of unmatched growth," GPEC's Interim CEO Thomas Maynard said. "Her leadership will ensure GPEC continues building on its strong foundation, while advancing opportunities that strengthen businesses and communities alike."<br></p><p>"GPEC has been at the forefront of driving high-tech growth, expanding opportunity and ensuring Greater Phoenix is known as a place where businesses and people succeed," Mackay said. "Throughout my career in Phoenix and Chandler, I've seen firsthand how powerful this region's strengths and partnerships are. I'm excited to build on that momentum and continue to elevate Greater Phoenix's standing as one of the world's premier markets."<br></p><p>At the City of Phoenix, Mackay led a department of more than 70 full-time staff members and a budget of over $70 million that drove comprehensive economic development through business attraction, expansion and retention, community development, international relations, and research and marketing. Mackay's oversight also included city entities such as the Phoenix Business and Workforce Development Board, Phoenix Sister Cities, PHX Arena and Phoenix Bioscience Core.<br></p><p>During her tenure, she led the creation of more than $190 billion in capital investment and more than 100,000 new jobs in the City of Phoenix, contributing to an increase in average wages of created jobs from $30,000 in 2014 to over $84,000 in 2024. Prior to Phoenix, she served as Economic Development Director for the City of Chandler for 16 years.</p><p>Throughout her career in economic development, Mackay has been integral in transformative projects, including TSMC Arizona, which has invested $165 billion into Phoenix and spearheaded Greater Phoenix's growth as a semiconductor hub, and Park Central, which has been revitalized as a mixed-use center built around healthcare and bioscience headquarters and education.<br></p><p>Mackay has received numerous awards and accolades, including USA TODAY's Women of the Year recognition in 2025, the Arizona Association for Economic Development's (AAED) William Lampkin Long-Term Excellence in Economic Development Award in 2024, a Top-50 Economic Developer in the Country award by Consultant Connect in 2021, and three honors as Economic Developer of the Year, Large Community by AAED.</p><p>GPEC's Interim CEO Thomas Maynard, who has served in that capacity since the departure of previous President and CEO Chris Camacho, will return to his role as Senior Vice President of Business Development at GPEC upon Mackay's start.</p><p><b>About Greater Phoenix Economic Council:<br></b>The Greater Phoenix Economic Council (GPEC), globally recognized as a top economic development organization (EDO), works to attract and grow quality businesses and advocate for the competitiveness of Greater Phoenix. A data-driven regional EDO, GPEC works with 22 member communities, Maricopa and Pinal counties and more than 220 private investors to accomplish its mission and serve as a strategic partner to companies across the world as they expand or relocate to Greater Phoenix. Over the past 36 years, GPEC has fueled the regional economy by helping more than 1,075 companies, creating more than 195,000 jobs and more than $76.5 billion in capital investment. Greater Phoenix is in a relentless pursuit of innovative and entrepreneurial-focused companies looking to thrive and scale in a vibrant, dynamic region. There is an undeniable spirit about Greater Phoenix; one rooted in strength, collaboration and resilience. Greater Phoenix is Greater Together. For more information about GPEC, visit <a href="http://www.gpec.org/">gpec.org</a>.</p><p><strong>Media Contact:</strong><br>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:athena.sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a>​<br></p></div>Photo of Christine Mackayhttps://www.investinphoenix.com/Lists/News/Attachments/56/ChrisMackay_Landscape.jpg8/29/2025 12:12:35 AM
Read the Latest Issue of the Phoenix CED Quarterly Newsletterhttps://www.investinphoenix.com/news/55Read the Latest Issue of the Phoenix CED Quarterly Newsletter<div class="ExternalClass7A864ADD281F41AF8413E447B26AABBB"><p>​P​HOENIX​, Ariz. - The <a href="/why-phoenix/business-newsletter" target="_blank"><b>July issue of The Quarterly</b></a>, a digital newsletter published by the Phoenix Community and Economic Development Department, ​covers news and updates from the second quarter of 2025, including:<br></p><ul><li><p>A feature highlighting the success of a Phoenix-based startup company</p></li><li><p>A documentary about the impact of the Phoenix bioscience industry</p></li><li><p>A list of major business announcements made from April through June ​</p></li></ul><p></p><p>Published four times a year, <a href="https://action.phoenix.gov/c1.pl?07604311085dbc0b59c83357d73c7c03d3ecabbeb7c9222c"><b>The Quarterly</b></a> celebrates the successes of the Phoenix business community, and provides information about the many resources the City of Phoenix and its partner​ organizations offer to help local businesses grow, expand and thrive. <br></p><p>Visit the links below to read and interact with the newsletter, and become a FREE subscriber.​<br></p><p><a href="https://issuu.com/phxced/docs/ced_quarterly_2025-q2-single_pages-draft_2" target="_blank"><strong>Read The Quarterly - 2025: Quarter 2 issue</strong></a><strong> ​</strong></p><p><a href="https://action.phoenix.gov/j1.pl?46126-TheQuarterly" target="_blank"><strong>Subscribe to The Quarterly email list</strong></a><br></p><p><a href="/why-phoenix/business-newsletter" target="_blank"><strong>Visit The Quarterly webpage</strong></a><br></p></div>Subject matter experts participate in a panel discussion at the 2025 Phoenix Global Forum in Phoenix, AZhttps://www.investinphoenix.com/Lists/News/Attachments/55/Phoenix Global Forum panel_2025.jpg7/30/2025 9:38:31 PM
Phoenix Shines at BIO 2025: Breakthroughs, Startups and Big Bioscience Winshttps://www.investinphoenix.com/news/54Phoenix Shines at BIO 2025: Breakthroughs, Startups and Big Bioscience Wins<div class="ExternalClassEBA25448EEAC4B16B8259CA24AB6800C"><p>The City of Phoenix brought bold energy and big announcements to the BIO International Convention 2025 in Boston this month. Here's what you may have missed and why the world is watching Phoenix's bioscience ecosystem:<br></p><p><strong>1. Global Spotlight: <em>The Next Frontier</em> Premieres</strong><br>Presented by the Biotechnology Innovation Organization and produced by BBC StoryWorks, <em>The Next Frontier</em> content series debuted with a feature on TGen's MindCrowd, a groundbreaking global brain health study. TGen is nearing its goal of 1 million study participants, and needs the community's help to reach it. To learn more, visit <a href="https://www.mindcrowd.org/">MindCrowd.org</a> ​<br></p><p>Watch the BBC StoryWorks <em>The Next Frontier</em> feature at <a href="/industries/bioscience-healthcare" target="_blank">PHXisBIO.com</a><br></p><p><strong>2. Calviri Bringing Early Cancer Detection to Dogs</strong><br>Phoenix-based Calviri announced a game-changing test scheduled to launch in August 2025 that detects stage 1 tumors in dogs. Early detection means more treatment options and better outcomes for your four-legged friends. <a href="https://www.prnewswire.com/news-releases/calviri-publishes-results-demonstrating-sensitive-detection-of-stage-1-tumors-in-dogs-302483735.html" target="_blank">Learn more</a><br></p><p><strong>3. Innovation Expansion at the Phoenix Bioscience Core</strong><br>Wexford Science & Technology officially launched pre-leasing for 800 PBC - a cutting-edge lab and research facility that will expand collaboration and discovery on the Phoenix Bioscience Core in Downtown. <a href="https://wexfordscitech.com/wexford-science-technology-launches-pre-leasing-for-800-pbc/">Learn more</a><br></p><p>Kyle Jardine, Wexford Vice President, said: "With 800 PBC, we're not just delivering lab space, we're expanding an innovation ecosystem."<br></p><p><strong>4. Phoenix-based Avata Biosciences Expands Global Reach</strong><br>Avata Biosciences, headquartered in Phoenix, signed a co-development and licensing deal with Oceanus Bio to accelerate its next-gen cannabidiol therapies for epilepsy and schizophrenia across Asia. The treatments target both adult and pediatric patients, marking a significant leap in neurotherapeutics. <a href="https://www.businesswire.com/news/home/20250617132917/en/">Learn more</a><br></p><p><b>5. Phoenix Companies Take Center Stage at Start-Up Stadium<br></b>A signature showcase at the convention, <a href="/news/48" target="_blank">Start-Up Stadium</a> connects early-stage biotech startups with global investors and industry leaders. Participant MindX Sciences, a Phoenix-based company, provides precision medicine for mental health through apps, blood tests and targeted therapeutics. Its Binary Genomics provide DNA-based blood tests that adapt to capture unique epigenetic fingerprints from each patient. ​</p><p><strong>6. Phoenix Powers Global Health<br></strong>Phoenix invests in partnerships that improve lives worldwide.</p><p>Phoenix Mayor Kate Gallego, said: "Health innovation thrives in our city, from clinical trials and research to medical talent to development leading the future of health engineering with the new ASU Health downtown. I am proud to champion the biosciences and healthcare advances delivering the promise of a better quality of life for people everywhere."<br></p><p><strong>7. UofA College of Medicine Responds to Physician Shortage</strong> <br>The University of Arizona College of Medicine in Phoenix launched a three-year accelerated M.D. program designed to address Arizona's physician shortage and get primary care doctors into the field faster. It's a bold move to meet urgent healthcare needs with local talent. <a href="https://www.azfamily.com/2025/06/18/uofa-offers-3-year-medical-degree-tackle-arizonas-doctor-shortage/" target="_blank">Watch an AZFamily story</a><br></p><p>The City of Phoenix Community and Economic Development Department thanks its many partners, including AZBio, Flinn Foundation and others that help shape the future of healthcare. Phoenix bioscience innovators are driving translational discovery, and the momentum is not slowing down. Learn more at <a href="/industries/bioscience-healthcare" target="_blank">PHXisBIO.com</a></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:athena.sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a><br></p></div>A session at Start-Up Stadium during the BIO International 2025 Convention in Bostonhttps://www.investinphoenix.com/Lists/News/Attachments/54/MindX Sciences at Start-Up Stadium - BIO 2025.jpg6/27/2025 9:48:28 PM
Phoenix Showcases Semiconductor Leadership at U.S.-Mexico Collaboration Forumhttps://www.investinphoenix.com/news/53Phoenix Showcases Semiconductor Leadership at U.S.-Mexico Collaboration Forum<div class="ExternalClass52F506FBCA7745CEBA1C0B5EF569623F"><p>​PHOENIX, Ariz. - To further strengthen economic ties between the United States and Mexico, the city of Phoenix played host to a collaboration forum focused on semiconductor advancement on June 23 and 24. <br></p><p>Held for the first time in the U.S., the <a href="https://bciu.zohobackstage.com/USMexicoSemiconductorCollaborationForumPhoenix2025" target="_blank">U.S.-Mexico Semiconductor Collaboration Forum</a> included a <a href="/news/52" target="_blank">Welcome Reception on June 23 at Phoenix City Hall​</a>, and a full-day of programming on June 24 at Arizona State University's Thunderbird School of Global Management in Downtown Phoenix. Based off the theme of "Advancing Subnational Priorities and Strengthening Bilateral Collaboration," the event showcased Arizona and Mexico's semiconductor strengths and opportunities for further collaboration.<br></p><p>Forum partners include the Arizona Commerce Authority<a href="https://www.azcommerce.com/" target="_blank"></a>, the Business Council for International Understanding (BCIU), the Mexican Chamber of the Electronics, Telecommunications and Information Technology Industry (CANIETI), the City of Phoenix, Intel, the Mexican Secretariat of Economy, the Arizona-Mexico Commission, the State of Baja California, Emtech Institute, Iberoamerican Technology Foundation, Arizona State University, and the U.S. Embassy in Mexico City.<br></p><p>The Forum convened over 100 state and regional industry, government and academic leaders from Arizona, around the U.S. and Mexico. Attendees discussed enhanced semiconductor collaboration opportunities, strengthening regional cooperation to advance innovation, expand supply chains, attract investment, and further collaborate on workforce development strategies.<br></p><p>"Greater Phoenix is one of America's longest-standing semiconductor hubs, and we are emerging as North America's epicenter for the future of semiconductor manufacturing, packaging, and research excellence," Phoenix Mayor Kate Gallego said. "We are at the forefront of a mega-region opportunity that builds on our bilateral partnership with Mexico, which brings assets, including vital rare-earth minerals, to strengthen shared industries in semiconductors, aerospace, advanced and electric vehicles, and microelectronics. Working together, both regions will benefit from a dynamic future, delivering good paying jobs to Phoenicians and residents throughout the region."<br></p><p>"As the national leader in new semiconductor investment, we're honored to host the Semiconductor Collaboration Forum with Mexico," Sandra Watson, President and CEO of the Arizona Commerce Authority, said. "Arizona enjoys a long-standing and fruitful relationship with Mexico, with a shared commitment to building a more resilient, secure economy that supports job creation and North American competitiveness."<br></p><p>"The U.S.-Mexico Semiconductor Collaboration Forum demonstrates the power of trusted partnerships and a shared vision across borders," Nina Kundra, Senior Vice President, Business Council for International Understanding, said. "BCIU is proud to support this landmark event, the first of its kind in the United States, which has brought together leaders from academia, government, and industry to strengthen North America's semiconductor ecosystem."<br></p><p>"CANIETI believes that the true strength of our region comes from the complementarity of our industries," Alfredo Pacheco, CEO and Executive Vice President of CANIETI, said. "By working together, Mexico and the United States are forging an integrated, resilient supply chain that enhances competitiveness and shared prosperity."<br></p><p>"Arizona's relationship with Mexico is one of our greatest economic strengths," Eva Masadiego, Executive Director with the Arizona-Mexico Commission, said. "For more than six decades, the Arizona-Mexico Commission has championed cross-border collaboration, and the U.S.-Mexico Semiconductor Forum is one more example of what we can achieve together. This forum reinforced the strategic importance of aligning our innovation ecosystems to create robust, secure supply chains that serve not only Arizona and Mexico, but also the broader global economy."<br></p><p>"Intel, in partnership with the Mexican National Chamber for the Electronics Industry (CANIETI), is proud to champion strategic initiatives such as the U.S.-Mexico Semiconductor Collaboration Forum, recognizing its critical role in fostering innovation and resilience across the industry," Carlos Rebellón, Director of Government and Public Policy, and Country Lead at Intel Mexico, said. "This forum is a powerful example of the cross-sector collaboration - among government, industry, and academia - required to accelerate technological progress and shape a robust, integrated North American semiconductor ecosystem. Together, we are fortifying supply chains, shaping the future of semiconductor innovation, and unlocking meaningful economic opportunities for both Mexico and the United States."<br></p><p>"Arizona and Mexico are uniquely positioned to capitalize on the ongoing global relocation of semiconductor production," James O'Brien, Senior Vice President at Arizona State University, said. "We share an economy, and we can work together to promote mutual economic growth and strengthen supply chain resilience. Arizona State University, with its robust institutional partnerships in Mexico, plays a critical role in developing the workforce needed to power this semiconductor revolution. ASU is deeply committed to innovation, and the semiconductor sector is no exception." <br></p><p>For the last six decades, the Arizona-Mexico Commission has worked to strengthen Arizona's ties with Mexico. The state's shared border with Mexico provides opportunities for cross-border collaboration, and showcases the unique region primed for international investment. Arizona's partnership with Mexico will be showcased at the Arizona-Mexico Commission's 66th Anniversary Summit on June 26 and 27 in Chandler, Ariz.<br></p><p>Mexico is Arizona's top trading partner, with Arizona exports to Mexico reaching $8.9 billion and imports totaling $11.6 billion in 2024. Top exports to Mexico include $824 million in semiconductor and other electronic components, and $968 million in computer equipment.<br></p><p>Arizona provides easy access to six ports of entry with Mexico, as well as the first international air cargo hub to house both Mexican and U.S. customs. </p><p><strong>Media Contact:</strong><br>Athena Sanchez, Communications Manager<br>City of Phoenix Community and Economic Development Department<br>Call/text: 602-621-0507<br><a href="mailto:athena.sanchez@phoenix.gov">Athena.Sanchez@phoenix.gov</a><br></p></div>A session at the U.S.-Mexico Semiconductor Collaboration Forumhttps://www.investinphoenix.com/Lists/News/Attachments/53/US-Mexico Semiconductor Collaboration Forum at Thunderbird School - June 2025.jpg6/25/2025 8:26:35 PM

 

 

1