Many of Arizona’s biggest economic engines and employers have been cultivating business with Israeli companies for years. Intel, Raytheon, Honeywell and Microchip to name just a few, have capitalized on the valuable resources and opportunities contributing to their continued success as leaders in their industries.
A simplified tax system lowers your cost of doing business. Arizona’s pro-business environment has resulted in corporate and individual income tax rates that are among the lowest in the nation. By 2017, corporate income tax will decline by 30% for a final rate of just 4.9%. In addition, the state has created a variety of tax programs that benefit companies located within Arizona.
Poised and ready to meet your project needs, the state’s available workforce is skilled, abundant, talented, and young. While the national average age is 37.2, Arizona’s is 36.0. The population is plentiful, with more than two million workers living in the greater Phoenix area and an additional 450,000 in the Tucson metropolitan area.
Arizona is nationally known as a top state for workforce quality and availability, ranking #2 in the country and #1 in higher education degree opportunities.
With a Tech employment rate showing a growth rate of 33.5 percent from 2011 to 2016, Phoenix came out ahead of more established markets like Seattle at 33.4 percent, New York at 32.9 percent, Austin at 28.3 percent and Los Angeles at 19 percent, over the same period.
Arizona knows that attracting great minds is easy when you give them the tools and support they need to go faster and further than ever before.
Arizona is home to a surging ecosystem of global giants, early-stage entrepreneurs and tech-savvy Millennial talent who are breaking new ground across a wide range of industry growth sectors. What’s more, Arizona offers a robust portfolio of programs and resources supporting both large and emerging tech employers.
The state’s rich startup culture continues to thrive and is a preferred choice for technology companies seeking growth. Leading startups have collectively taken advantage of Arizona’s high-skills talent base. Feeding this worker pipeline is Arizona’s university system which produces in-demand graduates specializing in technology and innovation who can quickly make an impact on these growing businesses.
Arizona’s solid reputation and assertive stance on innovation, led Fast Company to rank Arizona No.1 in the country for “entrepreneurial activity”, attracting even more of the nation’s – and the world’s – ‘big thinkers.’
Access to Major World Markets
Arizona is strategically located in the southwest region of the United States, immediately accessible to three of the world’s largest economies — California (#8), Texas (#12) and Mexico (#15). In fact, Arizona is the only state in the nation within a day’s drive of all those major world markets.
Arizona has made a concerted effort in recent years to create a business-friendly, minimalist regulatory environment by cutting red tape and by repealing overly burdensome regulations that would otherwise make business more difficult for companies in the state.
Established in 1977, the BIRD Foundation is a joint initiative between the U.S. and Israeli governments. Operating from its main offices in Tel Aviv, with representatives throughout the U.S., the BIRD Foundation aims to stimulate, promote and support joint industrial R&D of mutual benefit to Israel and the United States.