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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/econdevNewscedCity of Phoenix sky lineCEDPhoenix is BIO Phoenix is BIOAthena Sanchez602-262-6624athena.sanchez@phoenix.govhttps://www.phoenix.gov/newssite/Lists/MediaContact/Attachments/52/Athena_Sanchez.jpgPHXEconDev

 

 

World Atlatl Day 2024https://www.phoenix.gov/newsroom/sedav-vaaki-museum/3112S’edav Va’aki Museum5/25/2024 5:30:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/3112/WorldAtlatlDay_SVM_001.jpgWorld Atlatl Day 2024<div class="ExternalClassDA51B92BB34B4991877310DCB7803D4A"><html> <p>​<span style="background-color:window;color:windowtext;font-size:10pt;">On June 2</span><sup style="background-color:window;color:windowtext;">nd</sup><span style="background-color:window;color:windowtext;font-size:10pt;">, the C</span><span style="background-color:window;color:windowtext;font-size:10pt;">ity of Phoenix will officially celebrate it's first 602 day. Like other cities throughout the country, area code day gives Phoenix the opportunity to promote the city as a </span><span style="background-color:window;color:windowtext;font-size:10pt;"> </span><span style="background-color:window;color:windowtext;font-size:10pt;">great place to live, work, and enjoy live. The goal of 602 day is to partner with businesses, cultural organizations, and other groups to provide events and community engagement opportunities that cultivate. civic pride</span></p> <p>In celebration of 602 Day weekend, the S'e<span style="text-decoration:underline;">d</span>av Va'aki Museum invites families to join us for World Atlatl Day and test their prehistoric hunting skills at S'e<span style="text-decoration:underline;">d</span>av Va'aki Museum on Saturday, June 1st! S.A.L.T. (Study of Ancient Lifeways and Technologies), will be conducting an atlatl demonstration from 9 a.m. to noon. <br></p> <p>The atlatl is a weapon predating the bow and arrow. Used worldwide for thousands of years, it proved an effective weapon. It is a stick with a hook on the end to hold the dart/spear, that  increased the distance, speed, and force of the dart/spear. ​<br></p> <p>This FREE event is open to the public with free museum admission from 9 a.m. to noon; donations are welcome. Pre-registration is not required and no experience is needed to join the demonstration. For more information on this or other events at S'e<span style="text-decoration:underline;">d</span>av Va'aki Museum, visit phoenix.com/sedav-vaaki or call (602) 495-0901.<span style="background-color:window;color:windowtext;font-size:10pt;">      </span></p> <p>The goal of World Atlatl Day is to increase awareness and appreciation of this ancient technology and have as many people throw an atlatl on a single day as possible. S.A.L.T. is a local Arizona group whose mission is to teach, share, learn, and practice the skills that allowed ancient people to not only survive but to thrive in their respective environments.<br></p> <p> <br> </p> </html></div>https://www.phoenix.gov/parks/arts-culture-history/sedav-vaakiNews
Phoenix’s Central Station One Step Closer to Completionhttps://www.phoenix.gov/newsroom/public-transit/3111Public Transit5/24/2024 5:00:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/3111/Central Station East Tower Newsroom.pngPhoenix’s Central Station One Step Closer to Completion<div class="ExternalClass8E328A4B8DC04CBF995AF00B775D0E7E"><html> <p> Central Station redevelopment, the mixed-use, transit-oriented development project hosted a topping-out ceremony for the east tower May 23, 2024. This event marks a significant milestone in the construction progress of Central Station.</p><div> </div> <div> Located in the heart of downtown, next to the historic Security Building, Civic Space Park, and ASU's Downtown Campus, Central Station is set to become a new city landmark consisting of two residential towers that will offer student and workforce housing, two levels of below-grade parking, City of Phoenix public transit hub, and retail/office spaces.  </div> <div> <br> </div> <div> Slated to open in early 2025, Central Station will transform how users experience the city's primary downtown bus and light rail transit center, which serves two million passengers annually. Central Station is a public-private partnership with the City of Phoenix retaining ownership of the land and the development partners entering into a long-term ground lease for the project.  </div> <div> <br> </div> <div> Representatives from the City of Phoenix, including Councilwoman Ann O’Brien, along with members from the development and project teams, GMH Communities, CBRE Investment Management, Medistar Corporation, Layton Construction, and Multistudio attended the topping out to celebrate this important milestone.  </div> </html></div>https://www.phoenix.gov/publictransitNews
Truth in Taxation Hearing Notice of Property Tax Increasehttps://www.phoenix.gov/newsroom/budget-and-research/3110Budget & Research5/24/2024 3:00:00 PMhttps://www.phoenix.gov/newssite/Lists/NewsArticle/Attachments/3110/Phoenix City Hall.pngTruth in Taxation Hearing Notice of Property Tax Increase<div class="ExternalClass90890A8C2D23431CB2A2ED63C2A90F26"><html> <p> <strong>​Tax Notice Explained</strong> <strong> </strong> </p> <p>The accompanying Truth in Taxation notice is required by state law. The required notice addresses the city's primary property tax, which supports the General Fund services such as police and fire, parks and recreation, libraries and senior and community centers. </p> <p>The City of Phoenix's proposed primary property tax rate for 2024-25 of $1.2658 per $100 of assessed valuation is reduced from its 2023-24 rate of $1.2851 per $100 of assessed valuation. However, overall increases in assessed valuation result in a 2% increase in primary property taxes for the average City of Phoenix property owner. Individual experiences may differ based on unique property variances. </p> <p>State law requires the notice below any time the average primary property tax bill increases, even if the primary property tax rate is reduced.  </p> <p>The Truth in Taxation notice prescribed by state law does not address the City's secondary property tax. The City's secondary property tax rate for 2024-25 will be unchanged from its 2023-24 rate of $0.8141 per $100 of assessed valuation. Secondary property taxes pay the bonded debt service for facilities like libraries, police and fire stations, storm drains and parks. </p> <p>For more information, call 602-262-4800, or visit phoenix.gov/budget. </p> <p>Truth in Taxation notice publication dates and locations: </p> <p>The Record Reporter – May 24, 2024 and June 3, 2024. </p> <p>Additionally included in published estimates of revenues and expenses: </p> <p>The Record Reporter – June 10, 2024. </p> <p> <strong>Truth in Taxation Hearing Notice of Tax Increase</strong> <strong> </strong> </p> <p>In compliance with section 42-17107, Arizona Revised Statutes, the City of Phoenix is notifying its property taxpayers of the City of Phoenix's intention to raise its primary property taxes over last year's level.  The City of Phoenix is proposing an increase in primary property taxes of $4,177,285 or 2.00%. </p> <p>For example, the proposed tax increase will cause the City of Phoenix's primary property taxes on a $100,000 home to be $126.58 (total proposed taxes including the tax increase). Without the proposed tax increase, the total taxes that would be owed on a $100,000 home would have been $124.10. </p> <p>The proposed increase is exclusive of increased primary property taxes received from new construction. The increase is also exclusive of any changes that may occur from property tax levies for voter approved bonded indebtedness or budget and tax overrides. </p> <p>All interested citizens are invited to attend the public hearing on the tax increase that is scheduled to be held June 12, 2024, at 2:30 p.m. at the City of Phoenix Council Chambers, 200 W. Jefferson St​<span style="background-color:window;color:windowtext;font-size:10pt;">​</span></p> </html></div>https://www.phoenix.gov/budgetNews

 

 

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