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.
Past deals in Arizona
Sequitur Health
Grant in 2023
Sequitur Health is a medical device company founded in 2019 and based in Scottsdale, Arizona. The company focuses on developing innovative patient care platforms that aim to save, extend, and enhance the quality of life for individuals. By leveraging technological advancements, Sequitur Health addresses unmet needs for both patients and healthcare providers. The company's technology is co-developed in collaboration with educational and medical institutions in Arizona, allowing for timely and effective responses to patient care requirements.
Radpay
Grant in 2019
Radpay, Inc. is a developer of a blockchain-based online payment platform that offers comprehensive merchant payment services. Founded in 2018 and based in Phoenix, Arizona, the company provides a patent-pending platform that integrates blockchain technology with PCI-compliant card payment and banking infrastructure. This allows merchants to accept payments in both card-present and card-not-present environments, including digital wallet transactions. Radpay’s services are accessible through a mobile app, browser plug-ins, application programming interfaces (APIs), pre-configured e-commerce cart plug-ins, and credit card terminal applications. Additionally, the platform supports peer-to-peer payment processing and a rewards framework, enabling a seamless customer experience and offering flexibility in payment options for merchants, consumers, banks, and enterprises alike.
Resonea
Grant in 2018
Resonea, Inc. is a company focused on developing innovative solutions for monitoring and understanding sleep breathing patterns. Based in Scottsdale, Arizona, it offers the DROWZLE PRO Sleep Apnea Pre-screening Device, a Class II medical device designed for in-home screening of obstructive sleep apnea. This device, paired with smartphone-based software, records and analyzes respiratory patterns during sleep, assessing sleep apnea risk along with factors like daytime sleepiness and chronic disease risks. Resonea also provides a comprehensive platform for sleep health management, including education, screening, diagnosis, and treatment options for sleep disorders. Their approach enhances the detection and management of conditions such as obstructive sleep apnea, ultimately aiming to improve overall sleep health and employee performance. Founded in 2016, Resonea continues to advance the field of sleep health and wellness.
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