Incentives For High-Tech In Arizona

Arizona attempts to spur its slowing tech industry with tax credits and private investments.

1 minute read

December 22, 2003, 6:00 AM PST

By Ambar Mukherjee


"The recommendations for capital formation include state tax credit to attract out-of-state investors, a program that exists in other states. The second set of recommendations focuses on technology commercialization, in which businesses license inventions developed at the state universities and turn them into successful products. The third set of recommendations is aimed at building up infrastructure for technology businesses, with a focus on growing local companies. Suggestions include a more business-friendly tax structure, a stronger relationship with federal policy makers, and a campaign to brand Arizona as a tech-savvy state."

Thanks to Ambar Mukherjee

Friday, December 19, 2003 in The Arizona Republic

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