It is a Significant Financial Investment: The Phoenix City Council has approved over $20 million in funding for CAMI. This funding is only a part of a larger investment, including $150 million designated by the state, aimed at bolstering bioscience research and development in Phoenix.
It comes with Economic Impact and Job Creation: The CAMI facility has projections indicating it will attract over 150 companies and create at least 7,500 new bioscience-related jobs. This growth is not only good for Phoenix but bolsters tax revenues across the state.