Three Innovative Phoenix Biotech Businesses Secure Spot in Prestigious Start-Up Stadium Stage at 2023 BIO International Conventionhttps://www.phoenix.gov/newsroom/ced/2759Community and Economic Development5/31/2023 12:00:00 AMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/2759/Newsroom_CED_06.pngThree Innovative Phoenix Biotech Businesses Secure Spot in Prestigious Start-Up Stadium Stage at 2023 BIO International Convention<div class="ExternalClass744D7931B24C495DB11A96A54CD288A1"><html> <p> <br> </p> <p>​Phoenix-based start-ups <a href="https://electratect.com/" target="_blank">ElectraTect</a>, <a href="https://www.faknostics.com/" target="_blank">FAKnostics</a>, and <a href="https://www.referencemedicine.com/" target="_blank">Reference Medicine</a> are among the 50 global companies selected to participate in the highly acclaimed <a href="https://www.bio.org/events/bio-international-convention/start-stadium-2023" target="_blank">Start-Up Stadium</a> at the <a href="https://www.bio.org/events/bio-international-convention" target="_blank">2023 BIO International Convention</a>. This unique platform provides seed-stage companies with an invaluable opportunity to interact with influential investors and receive feedback that will contribute to their journey toward success.</p> <p>Competing on the Start-Up Stadium stage opens avenues for these start-ups to connect with key players in the investment community, venture philanthropy groups, and strategic partners, and gain access to previously unreachable capital.</p> <p>"Companies are flocking to Phoenix, making it number one in life science job growth among the nation's emerging life science markets," said Mayor Kate Gallego. "The bioscience health care workforce has increased by over 60% since 2008, which drives our economy forward. Watching businesses such as ElectraTect, FAKnostics, and Reference Medicine take the global bioscience stage and represent Phoenix is exciting."</p> <p>This year's BIO International Convention, set to take place from June 5-8 in Boston, Massachusetts, aims to promote collaboration between large corporations and fledgling businesses in the biotechnology industry. Representing the City of Phoenix Pavilion (booth #3035) are nearly 30 companies and organizations. Attendees are encouraged to visit the City of Phoenix Pavilion at the 2023 BIO International Conference.</p> <p>"As America's fifth-largest city, we are also one of the top 10 places for start-ups, driving our bioscience industry forward at rapid speeds," said the City of Phoenix Community and Economic Director, Christine Mackay. "Investors from across the globe are doubling down on their commitment to bioscience in Phoenix. I'm confident that the emerging life science opportunities and extraordinary innovation ecosystem in Phoenix will only continue to thrive. Our delegation is the best of the best, and we are ready to show off all Phoenix has to offer at BIO 2023."</p> <p>These Phoenix-based biotech start-ups, selected as finalists, are working on groundbreaking projects.</p> <p>"We are thrilled to have the opportunity to present at Start-Up Stadium and are excited to share our vision for a world where cancer research isn't stopped by specimen access, but rather, accelerated by it," said Inga Rose, Founder, and CEO, Reference Medicine.</p> <p>Similarly, FAKnostics is making a mark in cancer therapeutics.</p> <p>"We are extremely excited to have this chance to present our science on groundbreaking cancer therapeutics and detection of highly aggressive cancers," said Timothy Marlowe, PhD, Chief Scientific Officer, FAKnostics, LLC. "FAK is a protein found in 80% of all cancers and FAKnostics has pioneered a brand-new way to design drugs that inhibit FAK, which represent the first of its kind. This is an excellent opportunity to meet prospective investors that want to bring revolutionary medicines to cancer patients in need."</p> <p>Making waves in innovation, ElectraTect among those selected this year.</p> <p>“EelctraTect is honored to be selected among the hundreds of applicants to present at Start-Up Stadium and represent the budding biotech start-up hub in Phoenix," Dr. Christina Forbes, Senior Scientist.</p> <p>The Start-Up Stadium will distinguish evaluations of start-up company finalists who have raised less than $1M from those of emerging company finalists who have secured more than $1M but less than $10M to date. Winners will be identified in both categories. Previous winners have reaped benefits such as "fast-track" admission review to incubator programs at the <a href="https://www.illumina.com/company/illumina-for-startups/accelerator-program.html" target="_blank">Illumina Accelerator</a> and <a href="https://innovationspace.org/" target="_blank">The Innovation Space</a>, along with complimentary one-year memberships in the <a href="https://www.bio.org/events/bio-international-convention" target="_blank">Biotechnology Innovation Organization</a>, inclusive of access to cost-saving programs of <a href="https://www.bio.org/save/business-solutions" target="_blank">BIO Business Solutions</a>.</p> <p>About the Phoenix Start-ups:<br></p> <p> <a href="https://electratect.com/" target="_blank">ElectraTect, Inc.</a> is developing a solution to one of society's most recent problems – marijuana detection. Like alcohol, marijuana use can impair the operation of any vehicle. ElectraTect's breathalyzers detect tetrahydrocannabinol (THC), the primary psychoactive compound in marijuana. The device would use electricity and an oxidation reaction to detect levels of THC. Police would employ the breathalyzer roadside, with the long-term goal of the device being accessible for the public to use in the home.</p> <p> <a href="https://www.faknostics.com/" target="_blank">FAKnostics, LLC</a> is a research leader in therapeutic development with core competencies in pharmacology and drug discovery. FAK (focal adhesion kinase) is a cytoplasmic protein tyrosine kinase that is over-expressed and activated in several advanced-stage solid cancers. Over the last four years, FAKnostics has developed a focus on structure-based drug design to complement and extend cancer biology capabilities. In the future, FAKnostics plans to continue the development of FAK-related drugs to provide new therapies for cancers and other diseases that lack effective treatment options.</p> <p> <a href="https://www.referencemedicine.com/" target="_blank">Reference Medicine</a> was founded by researchers who were tired of traditional biospecimen sourcing getting in the way of science. Reference Medicine makes it easy to find the specimens you need at a fraction of the cost - so your team can get on to building the next big thing in healthcare.</p> <p>About Phoenix:</p> <p>Phoenix is the fifth-largest American city, home to 1.7 million people. The most populous state capital, it was named the 2017 “Highest Performing City" by Governing Magazine. Key industries include advanced business and financial services, technology, health and life sciences, hospitality, and advanced manufacturing. At 517 square miles, with world-renowned mountain trails and opportunity for diverse lifestyles, Phoenix has the shortest average commute times among the 12 largest U.S. metropolitan areas. Founded in 1868, Phoenix's wild-west roots grew to host major events in a dynamic downtown for the Super Bowl, NCAA championships and music festivals. Community and accessibility have made Phoenix a top market for bioscience, semiconductor manufacturing, retail, and so much more. For more information, visit <a href="file:///C:/Users/077120/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/B5ICQ230/investinphoenix.com/industries/bioscience-healthcare" target="_blank">investinphoenix.com/industries/bioscience-healthcare</a>.​​<br></p> <div>Media Contact:</div> <div>Athena Sanchez</div> <div>Interim Communications Manager  </div> <div>City of Phoenix </div> <div>E-mail: athena.sanchez@phoenix.gov</div> <div>Cell: 602-621-0507 ​<br></div> <br> </html></div>https://www.phoenix.gov/econdevNewscedCED
World-Class Workforce Training Facility in Development for West Phoenix Residents https://www.phoenix.gov/newsroom/ced/2714Community and Economic Development4/4/2023 6:00:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/2714/Newsroom_CED_05.pngWorld-Class Workforce Training Facility in Development for West Phoenix Residents <div class="ExternalClassB576C0D773494831913E254170C10916"><html> <p> ​PHOENIX (March 10, 2023) – The City of Phoenix has taken a significant stride in the investment of its west side community. In hopes of partnering with community members to revitalize the area, along with the redevelopment of Metro Center and nearby health care facilities, the City of Phoenix (City) purchased the former Kmart building located at the northwest corner of I-17 and Northern Avenue. Plans are underway for renovations of the site to transform it into a much needed, state-of-the-art workforce training and education facility, appropriately named the Innovation 27 Workforce Training and Education Collaborative.<br></p> <p>The City, along with education partners: Arizona State University (ASU), Maricopa County Community College District (MCCCD), and Western Maricopa Education Center (West-MEC), intend to provide advanced education opportunities and workforce development to support this area of Phoenix in both its workforce and businesses. The former Kmart building has been vacant for the past five years and is one of the last remaining large infill sites located along a major freeway in Phoenix that is available for redevelopment.</p> <p>In 2022, the Phoenix City Council approved the 27th Avenue Corridor Community Safety and Crime Prevention Plan, which directly focuses on the community. Innovation 27 is an essential part of the solution to help combat those safety and economic issues. Residents currently experience barriers to education opportunities, food deserts, and access to transportation to other training facilities in the valley. Training opportunities anticipated for this site are expected to prepare individuals for careers in the semiconductor, public safety, bioscience, information technology, food innovation, and healthcare fields. </p> <p>“With the Innovation 27 Workforce Training and Education Collaborative, we are taking a major step forward in providing our community with the resources and opportunities needed to develop a strong workforce here in Phoenix. This state-of-the-art facility will be a hub for training and education that will empower our residents to become leaders in critical fields and help drive economic growth in our city," said Mayor Kate Gallego. </p> <p>“We are working hard to bring opportunity to the residents of west Phoenix," said Councilwoman Betty Guardado. “Thanks to the vision and determination of our local neighborhood leaders, Innovation 27 will become an education and workforce catalyst for the entire community."</p> <p>"We appreciate the leadership of the city of Phoenix in helping to advance a location and facility that provides easy access for the public and we believe that Innovation 27 represents a welcome opportunity in the West Valley for ASU to partner with others to advance learning opportunities for residents working to upskill and reskill for career advancement," said Todd Sandrin, Vice Provost of ASU West. “Our university charter calls upon us not only to be accessible and inclusive but also to take responsibility for the communities we serve and we look forward to contributing to the success of this unique facility, providing ASU's state-of-the-art programs that empower learners to create new futures for themselves, their families, and the community." </p> <p>"The Maricopa Community Colleges are excited to partner with the City of Phoenix utilizing this location to help educate additional workforce and develop further opportunities for our students. We thank the Mayor, Councilwoman Guardado, and the rest of the Council for their entrepreneurial leadership on this property," said Chancellor Steven Gonzales.</p> <p>"With the tremendous growth being realized across multiple industries in Arizona, West-MEC values the opportunity to support the collaboration that is Innovation 27.  Innovation 27 illustrates the powerful linkages that exist between our region's education and training providers and how they can be leveraged in support of workforce development at the community level," said CJ Williams, Director of Business Development and Government Affairs.</p> <p>Innovation 27 provides a space for advanced education and job upskilling. It will focus on cultivating sustainable occupations that can withstand market volatility and foster entrepreneurship, creativity, and growth opportunities. Programs and classes in the buildings are estimated to begin in the fall of 2024.</p> <p style="text-align:center;"> <strong>-30-</strong> </p> <p> <strong>Media Contact: </strong> </p> <p>Athena Sanchez<br> Interim Communications Manager <br> Phoenix Community and Economic Development <br> Cell: 602-621-0507 (call or text)<br> Email: <a target="_blank" href="https://action.phoenix.gov/c1.pl?ea6f01f3c34a224c2aa5071313b0c1cbf7850e7802fa279e"><strong>athena.sanchez@phoenix.gov</strong></a>​<br></p> <span id="ms-rterangepaste-end"></span> <p> <br> </p> </html></div>https://www.phoenix.gov/econdevNewscedCED
Greater Phoenix GDP More Than Doubles National Post-Pandemic Economic Growthhttps://www.phoenix.gov/newsroom/ced/2595Community and Economic Development12/12/2022 4:00:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/2595/NEWSROOM-20221212-gdp-2021-2019.jpgGreater Phoenix GDP More Than Doubles National Post-Pandemic Economic Growth<div class="ExternalClass1E259F0CB31F43F5A68F5687EF7942D4"><html> <div>Greater Phoenix saw its annual gross domestic product climb 7.7 percent since 2019, the last full economic year before the pandemic, according to the Bureau of Economic Analysis and its 2021 County GDP Report released Dec. 8. The metro area’s growth rate was more than twice the national average for the same period, 2.9 percent, and almost a full percent higher than the state’s growth.<br></div> <div> <br> </div> <div style="text-align:center;"> <em>By Eric Jay Toll for the PHX Newsroom</em> <br> </div> <div> <br> </div> <div>The Greater Phoenix GDP includes data for both Maricopa and Pinal County. The Maricopa County GDP grew 7.6 percent between 2019 and 2021, and Pinal clocked in with an 11.6 percent jump, more than three times the national average. Greater Phoenix accounts for over 75 percent of the 2021 Arizona GDP.</div> <div> <br> </div> <div>The Phoenix-Mesa-Chandler metropolitan area posted a 2021 GDP of $261.7 billion compared to $242.9 billion in 2019. Despite the pandemic’s economic impact, the metro area GDP grew 0.8 percent to $244.9 billion in 2020 over 2019. Arizona’s GDP last year was $347.7 billion, compared with $325.4 billion in 2019.</div> <div> <br> </div> <div>Greater Phoenix stood tall in its economic growth compared to other major U.S. counties. The five New York City boroughs showed two with negative GDP and the largest, New York County (Manhattan), posting a 1.6 percent increase in 2021 over 2019. Los Angeles County’s growth was 1.7 percent, and Chicago less than one-half of a percent growth over the same period. Harris County, Texas (Houston), had 1.4 percent negative growth.<br></div> </html></div>https://www.phoenix.gov/econdevNewscedCED
Super Bowl LVII Small Business Permitting and Licensing Workshophttps://www.phoenix.gov/newsroom/ced/2549Community and Economic Development11/2/2022 5:45:00 PMhttps://youtu.be/FQxjo4irfoESuper Bowl LVII Small Business Permitting and Licensing Workshop<div class="ExternalClass8ACB0FE85E7B424AA180DCBC8539F025"><html> <div class="ExternalClassC832FDF77AB049ED81390BB81D65C054"> <p>​Learn about the permits and licenses needed by small businesses for food sales, signs, street and sidewalk vending, public assembly and special events during Super Bowl LVII in 2023. City of Phoenix and Maricopa county staff explain how to apply and when to file the required applications.<br></p><p>Workshop was hosted by the City of Phoenix, Downtown Phoenix, Inc., and the Arizona Super Bowl Host Committee.<br></p><p>See also: <a href="/newsroom/city-manager/2503" target="_blank">Super Bowl 2023 Small Business Support information page​</a></p> </div> </html></div>https://www.phoenix.gov/econdevVideocedCED
Phoenix Promise Scholarship Application Portal Now Open For Studentshttps://www.phoenix.gov/newsroom/ced/2522Community and Economic Development10/11/2022 6:00:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/2522/111W-20170712-111-W-Monroe-St-Building-(Sunset).jpgPhoenix Promise Scholarship Application Portal Now Open For Students<div class="ExternalClass53039B86D0014CE5A1C02A0A47A436F0"><html> <div>​Online applications are being accepted for Phoenix Promise scholarships to attend Maricopa Community Colleges. <br></div> <div> <br> </div> <div>The $5-million scholarship program from the City of Phoenix provides scholarship and student support funding to around 400 Phoenix residents pursuing two- and four-year degrees at Maricopa Community College. The Phoenix Promise program, administered through Maricopa Community Colleges Foundation, is using American Rescue Plan Act funding, to support eligible residents. </div> <div> <br> </div> <div>“Phoenix’s future is strengthened by partnerships that ensure today’s students have the best skills and are positioned for promising careers, including those in semiconductors, electric vehicles, healthcare, and computer technology advancement,” said Phoenix Mayor Kate Gallego. “This program with Maricopa Community Colleges will help hundreds of students overcome barriers and access degree programs, delivering top talent to growing industries in Phoenix.”</div> <div> <br> </div> <div>Applications can be submitted online at <a href="https://maricopa.edu/phoenix-promise" target="_blank">Maricopa.edu/Phoenix-Promise</a>. The application deadline for the Spring 2023 semester is October 31, 2022.</div> <div> <br> </div> <div>“The Phoenix City Council’s unanimous August 31st approval of this program demonstrates their support for this program and the City’s commitment to grow and maintain an experienced and educated workforce,” said LaSetta Hogans, Executive Director of Phoenix Business and Workforce Development Board, the body that oversees the city’s Workforce programs, including Arizona@Work-Phoenix. “Companies looking to grow and locate in Phoenix say talent is their number one reason for selecting a location. Phoenix Promise is for both our career-bound residents and growing companies in search of talent.</div> <div> <br> </div> <div>To be eligible for Phoenix Promise scholarships, students must be current Phoenix residents eligible for Arizona in-state tuition and have graduated from high school or obtained a GED/High School Equivalency. Applicants must demonstrate financial need through receipt of a Pell Grant or being part of a household qualifying for certain federal assistance programs. Students must be enrolled in a minimum of six credit hours per semester.</div> <div> <br> </div> <div>Complete details of the program and eligibility requirements are on the website. </div> <div> <br> </div> <div><strong>Complete Eligibility Requirements</strong></div> <div>Each applicant must meet these requirements:</div> <div> <br> </div> <div>A.    Be a current resident of Phoenix at the time of application, who qualifies for Arizona resident tuition, registration, and fees</div> <div>B.    Attend a Maricopa Community College in the coming academic year</div> <div>C.    Demonstrate financial need: </div> <div> <br> </div> <div>Qualify for a Pell Grant as determined by the Free Application for Federal Student Aid; or</div> <div>Be in a household that qualifies for certain federal programs, such as Free and Reduced Price School Meals Program, Supplemental Nutrition Assistance Program, or Temporary Assistance for Needy Families</div> <div>D.    Be a high school graduate, or have obtained a state-accredited General Educational Development Credential or High School Equivalency</div> <div>E.    Enroll in a minimum of 6 credit hours per semester at any Maricopa Community College</div> <div>F.    Enroll in a credit program leading to a two- or four-year degree</div> <div>G.    Maintain Satisfactory Academic Progress while enrolled at a Maricopa Community College</div> <div> <br> </div> <div>After the above-listed qualification are met, priorities may be assigned to applicants who are:</div> <div> <br> </div> <div>•    Graduates from high school since Spring 2020;</div> <div>•    First-Generation college students;</div> <div>•    Single parents;</div> <div>•    Veterans; and/or</div> <div>•    Residing in a historically under-served area known as a Qualified Census Tract</div> <div> <br> </div> <div><strong>Statements from the Phoenix City Council</strong></div> <div>Vice Mayor Laura Pastor, District 4<br></div> <div> <br> </div> <div>“Long before I was councilwoman or vice mayor, education was fundamentally important to me,” said Vice Mayor Laura Pastor. “Having served in roles from teacher to school board member, I have a first-hand perspective on the importance of every person’s access to affordable education. I am thrilled to see our Phoenix City Council pass this Phoenix Promise Program – offering tuition assistance to Phoenix residents attending Maricopa County Community College District schools.” </div> <div> <br> </div> <div>Councilwoman Yassamin Ansari, District 7</div> <div> <br> </div> <div>“As a daughter of immigrants who heavily emphasized access to education as a pathway to personal and generational resiliency, I want to equip every young person in my district with the opportunity to pursue any level of education that could benefit their future and our entire city,” said Councilwoman Yassamin Ansari. “More importantly, I’m going to push for an aggressive outreach campaign that reaches young adults who might have lost that opportunity during the pandemic. With this major investment, Phoenix is showing we’re focused on proactively addressing inequalities in educational attainment and building strong, sustainable pathways for economic vitality.”</div> <div> <br> </div> <div>Councilmember Carlos Garcia, District 8</div> <div> <br> </div> <div>“As a proud product of community colleges, I am really excited about this opportunity for students,” Councilmember Carlos Garcia said. “In conversations with both the colleges and students, it was evident that there were needs beyond just tuition, and the Phoenix Promise Program can now fill those gaps. I am glad that these funds will be able to be used for childcare, food, and other academic support.”</div> <div> <br> </div> <div><strong>Statements from Maricopa County Community Colleges leadership</strong></div> <div>Dr. Steven R. Gonzales, Chancellor, Maricopa County Community Colleges District</div> <div> <br> </div> <div>“The Maricopa County Community College District is proud to lead the way in providing access to affordable, high-quality education for City of Phoenix residents.  Through the Phoenix Promise Program, eligible students will benefit from critical funding that will support their educational journeys.  This partnership aligns with our System's mission in that it works to dismantle the financial barrier that many low-income families face when determining if post-secondary education is within their reach.  I thank City of Phoenix leadership Mayor Kate Gallego, Vice Mayor Laura Pastor, Councilwoman Yassamin Ansari, and the Phoenix City Council for investing in our student's futures.”</div> <div> <br> </div> <div>Brian F. Spicker, President and CEO, Maricopa Community Colleges Foundation</div> <div> <br> </div> <div>“The Phoenix Promise Program underscores the role the community colleges play in contributing to the wellbeing of the community and ensuring we have a pipeline of successful graduates entering the workforce, who are prepared for 21st-century employment. As a longstanding partner, the City of Phoenix continues to support the Foundation's vision with this program by making post-secondary education affordable and accessible for those Phoenix residents who are most in need.”<br></div> <p> <br> </p> </html></div>https://www.phoenix.gov/econdevNewscedCED
Phoenix Hits The Top 5 in Small Business Wage Gainshttps://www.phoenix.gov/newsroom/ced/2294Community and Economic Development3/30/2022 2:00:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/2294/AdobeStock_Licensed-265809361.jpegPhoenix Hits The Top 5 in Small Business Wage Gains<div class="ExternalClass042A2BE9D3644E41B5F1404EA7B5D8E9"><html> <p></p> <span id="ms-rterangepaste-start"></span> <p>A 4.7 percent average gain in weekly small business earnings placed Phoenix fifth in the nation for year-over-year wage growth in the March 2022 Paychex IHS Markit Small Business Employment Watch.</p> <p style="text-align:center;"> <em>By Eric Jay Toll for the PHXNewsroom</em> </p> <p>Metro area average weekly earnings approached $993, just shy of the western states’ average of $1,036. Phoenix’s average small business hourly wage climbed 5.1 percent to $29.70 when comparing March 2022 to March 2021, ranking seventh among metropolitan areas in the U.S.</p> <p>Paychex IHS Markit publishes a monthly report based on data collected from companies using Paychex to manage small business payrolls. Phoenix small businesses have been pushing up the average paycheck over the past year.</p> <p>Last March, the Valley ranked 17th when compared to March 2020, with an average weekly wage of $930. By July 2021, year-over-year data showed the average weekly earnings moved up to $949. By December, the average small business weekly wages hit $963, and Phoenix moved into the top ten among U.S. metro areas.</p> <p>Arizona ranked fourth in the nation with small business upping weekly wages by 4.5 percent over last year. The statewide average wage is $946 per week. The average U.S. small business pays $29.99 per hour, still more than the Phoenix metro area. Statewide the average is $28.63.</p> <span id="ms-rterangepaste-end"></span> <p>​</p> </html></div>https://www.phoenix.gov/econdevNewscedCED
Phoenix Adds Nearly 90,000 Jobs in February Year-Over-Year Numbershttps://www.phoenix.gov/newsroom/ced/2286Community and Economic Development3/28/2022 2:30:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/2286/AdobeStock_364843654.jpegPhoenix Adds Nearly 90,000 Jobs in February Year-Over-Year Numbers<div class="ExternalClass5DD46A203EED4C23AD9D6C0AB4C7337D"><html> <p>​Greater Phoenix added nearly 90,000 new hires over the past year, according to the latest employment reporter from the Arizona Office of Economic Opportunity. The metropolitan area unemployment rate continued to fall, dipping to 3.1 percent, down 0.1 percent from January and down from 6.7 percent a year ago.<br></p> <p style="text-align:center;"> <em>By Eric Jay Toll for PHXNewsroom</em> <br> </p> <p>Most hires took positions in the food and beverage industry sector reflecting seasonal hiring, increased tourism and more new restaurants opening this year than last February. Nearly 21,000 new positions were filled in the sector.</p> <p>Retail hiring was also strong with almost 15,000 new hires compared to last year. </p> <p>Professional, technical and scientific positions placed third, in a strong showing once again. More than 12,000 new positions were filled in the sector over the past year. The professional sector has been among the top three hiring sectors for the last five months in a row. This is the first time in the last five years the sector has had so many consecutive months of significantly increased hiring.</p> <p>Jobs in the scientific sectors reflect Phoenix’s nation-leading position in life sciences hiring, according to the CBRE 2022 Life Sciences market report.</p> <p>Arizona’s unemployment rate dropped to 3.6 percent, down from 3.7 percent in January and 6 percent a year earlier. The state added nearly 127,000 jobs in year-over-year comparisons with 30 percent of jobs statewide landing in areas other than Greater Phoenix. Dining and retail showed the greatest growth statewide outside the Phoenix metropolitan area.</p> <p>Manufacturing hiring continued its Greater Phoenix growth adding 5,400 jobs compared to February 2021 and outstripping construction hiring again. Another 7,500 jobs were added in health care hiring.</p> <p>Greater Phoenix continues to be among the strongest markets for hiring compared to other major metropolitan areas around the country, according to data from the U.S. Bureau of Labor Statistics.</p> <p> <br> <br> </p> <p> <br> </p> </html></div>https://www.phoenix.gov/econdevNewscedCED
Phoenix Expands the Bio Research Campus Brand; Welcome the ‘Phoenix Bioscience Core’https://www.phoenix.gov/newsroom/ced/2280Community and Economic Development3/23/2022 4:00:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/2280/BIO 20220104 PBC Video Thumbnail.jpghttps://youtu.be/wMA9blusmSsPhoenix Expands the Bio Research Campus Brand; Welcome the ‘Phoenix Bioscience Core’<div class="ExternalClass29D03E1BB7804A9AA00A6733580CB305"><html> <p>​Health-advancing discoveries underway in Phoenix show promise that the cure for cancers comes through the city’s biosciences ecosystem. </p> <p style="text-align:center;"> <em>By Eric Jay Toll for the PHXNewsroom</em> <br> </p> <p>The reason is the 30-acre Downtown bioresearch and discovery campus located between Fifth and Seventh streets in the city’s core. Bustling from a more than $600 million investment by the City of Phoenix and its partners, the campus is the core of a bio and life science ecosystem that rolls outward across the city and throughout Greater Phoenix.</p> <p>Recognizing its role at the center of driving translational discovery, Phoenix is rebranding the campus as the Phoenix Bioscience Core. The core partnership involves various major bioscience research organizations, including the Arizona Board of Regents, Arizona State University, Northern Arizona University, University of Arizona, Translational Genomics Research Institute (TGen), Dignity Health and others. </p> <p>“Our bioscience landscape has expanded exponentially from the campus approach we first imagined for downtown,” said Phoenix Mayor Kate Gallego. “Phoenix is now a center for treatments discovered and cures delivered. We lead the nation in bioscience job growth, and are recognized among the top five emerging life science markets. It is the right time to update our image to mirror this growth in medical technology, life sciences and medical devices.”</p> <p>Located on the edge of the Roosevelt Row Arts District and within the heart of the Evans Churchill neighborhood, the Phoenix Bioscience Core physical boundaries fall between Monroe and Garfield streets, and from Fourth to Seventh streets. With more than 20 institutes of research excellence located on or within a 2-mile radius of the PBC, bioscience companies have unprecedented collaboration partnership opportunities to accelerate novel innovations.</p> <p>“When the Flinn Foundation proposed that Phoenix follow the Arizona Bioscience Roadmap in 2002, few saw it as anything more than a dream,” said the Mayor. “Today, we’re seeing the destination at the end of that journey with our Downtown campus at its core.”</p> <p>Over the past two years, brokerage CBRE placed Phoenix in the top ranks of its life sciences scorecard. This year, the report showed Phoenix with the fastest-growing increase in life science jobs, more than any bio legacy market. Only Boston has more new bioscience facilities under development than Phoenix.</p> <p>The branding refresh doesn’t change the classic stylized Phoenix and globe depicting the core’s connection to the world of science from Phoenix; the new name will begin appearing around the Downtown campus and in marketing materials at the Bio International Conference in San Diego this summer.<br></p><div><br></div> </html></div>https://www.phoenix.gov/econdevVideocedCED



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