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Councilman Daniel Valenzuela Applauds City of Phoenix Development Agreement with Visiongate, Inc.Councilman Daniel Valenzuela Applauds City of Phoenix Development Agreement with Visiongate, Inc.<div class="ExternalClass6EE723FC39664B2798C0D2678578382F"><p>Councilman Daniel Valenzuela applauded the decision by the City Council to enter into a development agreement with VisionGate, Inc.</p><p>VisionGate, Inc. is a cutting-edge bioscience technology company that relocated to Phoenix in 2010 bringing 20 high paying jobs and setting up business on the Phoenix Biomedical Campus. VisionGate developed a non-evasive test to detect early-stage lung cancer, a major advancement against one of the deadliest forms of cancer.<br></p><p>"VisionGate is a phenomenal example of why it's important for the city of Phoenix to continue our investment in bioscience and support innovation," Valenzuela said.<br></p><p>The terms of the development agreement allow VisionGate headquarters to remain within the city of Phoenix and allow for the company to expand into the future. VisionGate will create and maintain up to 125 jobs with an average salary of at least $50,000 a year within five years of entering into the development agreement.  The city will invest in performance-based job training and on-the-job training utilizing funds from the Strategic Economic Development Fund (SEDF) and the Workforce Innovation Opportunity Act (WIOA) funds.<br></p><p>"We will continue to invest in our partners to foster an environment of entrepreneurship and creativity that helps create successful ventures," said Valenzuela. "We have proven that Phoenix has created an environment where startups can succeed."<br></p><p>For more information about VisionGate, Inc. visit:  <a href="http://lists.phoenix.gov/t/1367989/5827421/21351/3/">http://www.visiongate3d.com/</a><br></p></div>3/21/2018 11:00:00 PMNick Valenzuela602-495-5405