Business Climate

CBRE identified Tucson in the Top 25 for “Tech Talent Markets 2021” due to its strong labor market and growth opportunities for companies.

Southern Arizona is blessed with warm weather, lots of sunshine and very few natural disasters. The welcoming climate extends into the welcoming business environment.

Businesses regard Southern Arizona as an emerging location of choice for many important reasons including:

Availability and affordability of land, water and electricity
Competitive operational and payroll costs
A diverse workforce and skill set availability
No corporate inventory tax
Arizona’s designation as a right to work state
Focused incentives for jobs and capital investment

Businesses and companies can benefit from a variety of regional and state tax incentive programs including state and local Job Training Grants, Foreign Trade Zone and the Arizona Quality Jobs Tax Credit.

Industry clusters and tech associations thrive here including: Arizona Tech Council, AZ Optics Valley, and AMIGOS Arizona Mining Industry

Tech Parks Arizona creates interactive ground, which generates, attracts and supports technology companies and talent in alignment with the goals of the University of Arizona.