Highlights

Tech Launch Arizona, the University of Arizona's commercialization office, generated $459.7 million in economic output and supported 3,070 jobs statewide in fiscal year 2025, according to a new independent economic impact analysis reported by the Arizona Technology Council and confirmed by University of Arizona News.

The fiscal year ran July 1, 2024, through June 30, 2025. TLA and TLA-linked activities produced $159.8 million in labor income and $16.8 million in state, county and municipal tax revenues during that period. Compared with fiscal year 2021, TLA's economic impact grew by approximately 20% across all measured categories, including jobs, labor income, economic output and tax revenue.

The analysis, conducted by Rounds Consulting Group, examines direct, indirect and induced economic effects of TLA's activities, including startup formation, technology licensing and office operations. Jim Rounds, president of Rounds Consulting Group and co-author of the report, said the impact is "clear and undeniable" and will "continue to do so well into the future."

Looking back over nine fiscal years spanning July 1, 2017, through June 30, 2025, TLA activities generated $3.3 billion in economic output, $1.2 billion in labor income and $122.2 million in tax revenues. Over the next five fiscal years from 2026 through 2030, the report projects $2.46 billion in economic output, $855.5 million in labor income and $90 million in tax revenues.

TLA is a unit of the U of A Office for Research and Partnerships. The office works with faculty, staff and researchers to protect intellectual property, license technologies to industry partners, and launch startups commercializing university research spanning medical devices, cancer therapies, optics, cybersecurity and advanced software.

Doug Hockstad, associate vice president of TLA, previewed the report's findings at a "Partnering for Impact" event held with Honeywell Aerospace on April 7. The full report is available through Tech Launch Arizona's website.

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Sources

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  1. aztechcouncil.org retrieved 26/05/2026 21:06
  2. Rounds Consulting Group (official site) retrieved 26/05/2026 21:06

Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 26/05/2026 21:06. Every claim traces to a source.