Arizona Commerce Authority

The Arizona Commerce Authority (ACA) is the principal economic development agency based in Phoenix, Arizona, established in 1985. Its mission is to enhance and strengthen the state's economy through a focused three-pronged approach: recruiting out-of-state companies to establish operations in Arizona, supporting the growth of existing businesses, and collaborating with entrepreneurs to create new jobs and enterprises in targeted industries. The ACA is governed by a public-private sector board comprised of leaders from business and policy, overseeing the management of the agency's assets. Through these efforts, the ACA aims to foster a robust economic environment and promote job creation across the state.

Sandra Watson

President, CEO, Board Member and Member of the Executive Committee

Past deals in Arizona

Sequitur Health

Grant in 2023
Sequitur Health, founded in 2019 and based in Scottsdale, Arizona, specializes in the development of innovative medical devices aimed at enhancing patient care and improving quality of life. The company focuses on addressing unmet needs of patients and physicians by leveraging technological advancements. By collaborating with educational and medical institutions in Arizona, Sequitur Health creates solutions that enable healthcare providers to deliver timely and effective care to patients.

Radpay

Grant in 2019
Radpay, Inc. is a Phoenix-based company that offers a blockchain-based payment processing platform designed to provide comprehensive merchant payment services. Founded in 2018, Radpay's patent-pending technology integrates blockchain with PCI-compliant card payment and banking infrastructure, enabling secure electronic transactions. The platform supports both card present and card not present environments, allowing merchants to accept digital wallet payments and facilitating peer-to-peer payment processing. Radpay provides its services through various channels, including a mobile app, browser plug-ins, application programming interfaces (APIs), and pre-configured e-commerce cart plug-ins, ensuring a seamless customer experience and flexibility in payment methods for users.

Resonea

Grant in 2018
Resonea, Inc. is focused on improving sleep health and wellness through innovative technology. Based in Scottsdale, Arizona, the company develops devices and software solutions designed to monitor and analyze sleep breathing patterns, particularly for the detection and management of obstructive sleep apnea. Its primary product, the DROWZLE PRO Sleep Apnea Pre-screening Device, is a prescription medical device that utilizes smartphone-based software to record and assess respiratory patterns during sleep. This device enables in-home screening, providing valuable data on sleep apnea risk, daytime sleepiness, and chronic disease factors. In addition to screening, Resonea offers treatments such as oral appliance therapy, which involves custom-fitted mouthpieces to reposition the jaw. The company's comprehensive approach includes education, condition management, and follow-up services, facilitating early detection and effective treatment of sleep disorders.
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