ACMA - February 3, 2011Arizona Commerce Authority

Sharing the Vision

Partnering for Economic

Development

2011-2012

Q

QUALITY JOBS!

Local Economic Local Economic Development Development Community Community

Science Science and and

TechnologyTechnology

Aerospace Aerospace and and

DefenseDefense

Small Business Small Business and and Entrepre-Entrepre-neurshipneurship

Renewable Renewable EnergyEnergy

Rural Business Rural Business Advisory Advisory CouncilCouncil

Business Business RetentionRetention

ACAACALegislative Legislative LeadershipLeadership

Private Private SectorSectorAcademiaAcademia

GovernorGovernor

Q

Attraction

Retention Expansion

Partnering for Economic Development

Renewable Energy

Aerospace & Defense

Science & Technology

Business Retention

Small Business & Entrepreneurship

Sector Focus

Increase Arizona’s Long-Term Competitiveness for Business Attraction, Retention and Growth

Incent High-Value, High-Growth Export-Based Business

Recapture Arizona’s Position for Quality Job Creation

Enhance Capital Formation

Improve Arizona’s Tax Ranking Among Competitor States

Align with 2020 Educational Goals

Goals and ObjectivesCompetitiveness Package ECONOMIC DEVELOPMENT

Competitiveness Package CONSENSUS PROPOSALECONOMIC DEVELOPMENT

Attract New Base Industry Investments

Arizona Competes – Deal Closing Fund Competitive

Tax Credits Modernize Enterprise Zone - Quality Jobs

Competitiveness Rank: 9 to 3 (Mountain West)

Extend/Modify Angel Investment Program Competitiveness Rank: Top 10

Enhance Research and Development Competitiveness Rank: Top 3

Competitiveness Package CONSENSUS PROPOSALECONOMIC DEVELOPMENT

Attract, Retain and Grow Base Industries

Modernize Enterprise Zone Property ReclassificationReal & Personal

Long-Term Tax Policy 100% Sales Factor

Competitiveness Rank: 19 to 1 (Top Tier)

Corporate Income Tax Reduction Competitiveness Rank: 24 to 5

Eliminate Capital Gains Tax for Investment in Qualified Small Businesses

Competitive

Working TogetherPartnering for

Economic Development

Rural Business Advisory Council

Targeted Business Recruitment in California

Regular Conversations with Communities

Quality Jobs!

ACMA - February 3, 2011Arizona Commerce Authority