Arizona rises six places overall for state science and technology within the Milken Institute
The Milken Institute’s 2018 Science and Technology report recently recognized Arizona as a blossoming STEM hub.
March 19, 2019
- The Milken Institute’s 2018 Science and Technology report recently recognized Arizona as a blossoming STEM hub throughout the United States, with Arizona rising a total of six ranks since 2016 along with Idaho, Montana, and South Carolina, only being eclipsed by Florida’s eight rank rise.
- Arizona’s momentum was fueled by a large increase in the human capital index, with Arizona State University and the University of Arizona holding record numbers for recent graduates and students currently enrolled in STEM majors. Arizona’s community college system also implements the Arizona Core Education Curriculum system, standardizing a seamless process for students to easily transfer community college credits into one of three public universities throughout Arizona; a process that often bottlenecks educational progression in other states.
- In terms of facilities, Downtown Phoenix has become a flourishing life sciences hub in the last ten years with the growth of Arizona State University’s overall presence and the University of Arizona’s state-of-the art medical education facilities. According to Phoenix’s Community and Economic Development Director, expansion plans continue to surface with $3 billion in biomedical and healthcare facilities planned for delivery throughout the next two years with potential for over 7,000 new employment opportunities.
Source: JLL Research, Milken Institute