Business Resources in Tempe, AZ

To start a business in Tempe, you'll need to register your business with the Arizona Corporation Commission if forming an LLC or corporation, or with the City of Tempe if operating as a sole proprietorship. Obtain an Employer Identification Number (EIN) from the IRS, secure any necessary city business licenses through Tempe's Development Services Department, and verify industry-specific permits (health permits for food businesses, contractor licenses, etc.). Depending on your business type, you may also need to register for Arizona state tax withholding and sales tax permits.

Tempe's economy is increasingly centered on technology and innovation, particularly software development, IT services, and engineering firms that benefit from proximity to ASU's research programs. Aerospace and defense manufacturing remains significant due to Arizona's strong presence in this sector. Retail and hospitality continue growing along Mill Avenue and around the university area, while professional services—including accounting, marketing, and consulting—serve the expanding business community. Health services and bioscience startups are emerging as ASU expands its research initiatives in these fields.

SparkLocal currently shows 0 grants available specifically in Tempe. However, entrepreneurs should explore Arizona-based programs including the Arizona Department of Commerce's small business resources, SBA microloans available through Arizona lenders, and ASU's startup support programs which sometimes offer funding opportunities for student and alumni entrepreneurs. The City of Tempe occasionally offers economic development incentives for businesses meeting specific criteria, so contacting the Tempe Economic Development Office directly is recommended.

SparkLocal lists 3 coworking spaces currently available in Tempe. The Mill Avenue area and downtown Tempe are primary locations for shared workspaces catering to startups and remote workers. ASU also provides entrepreneurial facilities and workspace options through its business incubation programs for student and alumni ventures. These spaces offer flexible membership options ranging from hot desks to dedicated offices, often with additional amenities like meeting rooms and networking events.

While SparkLocal shows 0 SBA resources currently listed for Tempe, the Arizona Small Business Association and Small Business Development Centers serving the Phoenix metropolitan area provide free consulting and training. ASU's W.P. Carey School of Business and the university's entrepreneurial programs offer mentorship, workshops, and resources for student and community entrepreneurs. SCORE, a national nonprofit organization offering free business mentoring, typically has volunteers available in the greater Phoenix area who serve Tempe entrepreneurs.

Yes, Tempe presents compelling advantages for entrepreneurs, particularly those in tech, engineering, and innovation-driven fields. The ASU connection provides talent acquisition, research partnerships, and networking opportunities unavailable in many similarly-sized cities. Tempe's cost of living is reasonable compared to major tech hubs, and the local business community is increasingly supportive of startups. However, the current lack of dedicated business grants, accelerators, and SBA resources on SparkLocal means founders should be proactive in accessing state-level support and leveraging ASU's resources. The city's proximity to Phoenix's broader business ecosystem also provides additional opportunities and resources.