Valley business group got a lot of response to its initial effort
The Greater Phoenix Economic Council is expanding its "California 50" program, aimed at bringing the CEOs of 50 California-based companies to the Phoenix area, in hopes of convincing them to move their businesses here.
In just the first week after launching the program, GPEC heard from 57 California CEOs, and has so far invited 11 of them to the Valley for the official pitch.
Meanwhile, the program's goal has now been doubled, with hopes of bringing 100 CEOs here to show them to advantages Phoenix has to offer.
Barry Broome, GPEC President/CEO, tells KFYI News that besides noticeably lower business taxes than California, the Phoenix area also offers a business-friendly legislature, top-flight higher education institutions including a university – ASU – that produces more Fulbright scholars than any university in California, and proximity to California for those companies that have a customer base and/or suppliers in the Golden State.