Empowering Greater Phoenix to become a global leader in medical device manufacturing.
What is a Tech Hub?
A Tech Hub is an ecosystem that serves as a center for technology-related innovation, entrepreneurship and investment. These hubs feature a concentration of technology companies, startups, research institutions, venture capitalists and skilled workers.
Tech Hubs foster collaboration and networking among individuals and organizations in the tech industry, leading to rapid growth and innovation. These areas attract talent and investment, driving economic growth and technological advancement.
Incumbent Strategy
Start, grow, retain and attract firms.
Workforce Development
Build talent and workforce pipeline to meet industry demand
Lab to Market
Foster quicker market entry for new products.
Venture Development
Support startup growth.
Why Greater Phoenix?
The U.S. is on the brink of revolutionizing its medical device manufacturing landscape, poised to translate groundbreaking advances into widespread use. Greater Phoenix stands at the forefront, equipped with all the essential elements to cultivate a globally competitive medical device manufacturing ecosystem. Greater Phoenix is home to innovative companies pioneering new technologies, robust economic development initiatives fostering the region’s innovation economy and dedicated efforts to address underinvestment in marginalized communities. With the rapid growth of the semiconductor industry, a young and diverse population, and a skilled workforce, Greater Phoenix is set to become a beacon of excellence in the medical device manufacturing sector.
Supporting Bioscience & Healthcare Innovation
Arizona is cultivating a thriving bioscience and healthcare innovation ecosystem designed to propel innovation and company success. Collaboration flourishes between universities, research institutions and established bioscience companies, accelerating development cycles. Targeted incentives support investment in capital equipment and job creation. Additionally, Arizona's top-ranked universities produce a highly skilled workforce, ensuring a steady stream of talent for the bioscience and healthcare industry.
Demographics & Workforce
Greater Phoenix fosters a dynamic learning environment with over 40 institutions of higher learning, including Arizona State University, Maricopa Community Colleges, Grand Canyon University, Northern Arizona University and the University of Arizona. These institutions cultivate a highly skilled and diverse workforce, preparing graduates for success in the MedTech field.
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Research Infrastructure
Arizona is building a powerhouse research infrastructure to propel bioscience and healthcare innovation. Leading universities provide a strong foundation for discovery. Collaborative research institutions foster knowledge exchange between researchers, companies, and entrepreneurs, accelerating advancements. Arizona's proven track record in bioscience and healthcare research attracts significant federal funding, further fueling groundbreaking discoveries and development.
