PHOENIX, AZ – Plug and Play announced its expansion in Phoenix, Arizona, to launch a new facility in conjunction with the Arizona Commerce Authority (ACA).
The partnership aims to reach multiple industries in the coming years. Its first target will be advanced manufacturing, followed by sustainability and healthcare in the coming months. On April 5, Plug and Play will hold a launch event for this new office, where 10 to 20 startups will also be selected for Plug and Play Arizona’s inaugural batch.
“Arizona is thrilled to facilitate this innovative partnership with global technology leader Plug and Play, who sets the standard for accelerating innovation and collaboration by finding the next generation of cutting-edge technology. Their new Arizona office will be a powerful force connecting promising startups with industry-leading companies to create profound social impact,” said Gov. Katie Hobbs.
Saeed Amidi, founder and CEO of Plug and Play noted that there are only a few special places in the world where key stakeholders such as government entities, local entrepreneurs and VCs, and business or university leaders welcome you with open arms.
“Everyone I’ve encountered in Arizona has been incredibly supportive and motivated me to create as business-friendly a community as possible. I am incredibly excited to launch Plug and Play Arizona and help accelerate the next generation of entrepreneurs in the Grand Canyon State,” said Amidi.
Plug and Play is a global innovation platform that runs programs in more than 50 locations around the world. This Arizona office will bring together stakeholders from across the state who want to bring innovation to the forefront of their businesses. Plug and Play will work with program partners to find the most relevant startups to solve problems in a specific industry. The first stage will focus on advanced manufacturing and will include topics around supply chain, mobility and Information Technology.
The accelerator chose Arizona for its new headquarters because of the state’s strong startup community, leading companies in specific sectors and the close collaboration between startups, industry, government and education that fosters innovation and future growth.
Startups selected in this first batch will undergo a three-month program and complete a curriculum focused on business development, strategic growth and networking. Together with the ACA, Plug and Play will support these startups with connections to its ecosystem and potential capital.