Shifting economic priorities means changing the policies, market conditions and systems that determine who has access to opportunity, resources and economic power. For Local First Arizona, that means helping locally owned businesses build collective leverage, removing structural barriers and creating more ways for Arizona communities to benefit from the wealth generated here.

Since Local First Arizona brought Green Business Boot Camp to the Verde Valley in 2023, participants have developed projects to conserve water throughout their operations. Through a partnership with Friends of the Verde River, more than $150,000 in River Friendly Living grants have helped Boot Camp graduates put water-saving projects into action — with an estimated 17 million gallons in annual water savings.

Credit unions are an important part of a strong local economy because they are built differently. As member-owned nonprofit financial institutions, they exist to serve their members rather than outside shareholders. Earnings can be returned to members through lower loan rates, fewer fees and higher savings yields, while decisions about lending and investment remain closely connected to the communities they serve.

Looking for things to do in Arizona this summer? Discover how innovative local businesses in Phoenix, Tucson and communities across the state are transforming the hottest months of the year into one-of-a-kind experiences, from chef collaborations and after-hours museum events to indoor markets, food festivals and cool summer adventures.

How we choose to spend our money helps shape the places we live. It influences which businesses grow, which jobs exist and which services remain available close to home. In that sense, Prime Day is about more than what we buy. It's also a reminder of how much power consumers actually have.

People often think being local means shopping local, eating local or attending local events.

Those things matter.

But being local is bigger than that.

It's creating opportunities for entrepreneurs. It's investing in locally owned businesses. It's strengthening food systems, supporting workforce development and helping communities access the resources they need to thrive.

At its heart, being local means building an economy where opportunity stays closer to home and more people have the chance to participate in it.

That's the story behind Local First Arizona's 2025 Annual Report.

Inclusive local businesses do more than serve customers — they help shape communities where people feel welcomed, valued and connected. Across Arizona, LGBTQ+-friendly businesses and organizations are building spaces rooted in belonging, advocacy and local resilience.

During National Small Business Week (May 3–9), communities across the country recognize the 36 million small businesses that power the U.S. economy, and represent 99.9% of all firms and more than 45% of the workforce.

At Local First Arizona, that work isn’t confined to a single week. We work year-round to support, and shine a light on, the 650,000 small businesses operating in Arizona who make up 99.5% of total businesses in the state and employ 1.1 million people. Most of them are small businesses, illustrating yet again that entrepreneurs are the vital engines fueling the state’s economy. While Arizona is ranked nationally for its startup-friendly landscape, less attention is paid to the journey entrepreneurs experience in the months and years that follow the ubiquitous ribbon cutting ceremony.

At Local First Arizona, we have spent more than two decades making the case that strong, resilient communities are built from the inside out. The businesses, farms, nonprofits and neighborhoods that make Arizona worth living in don’t just happen, they require intentional investment, thoughtful policy and leadership willing to bring everyone to the table.

Governor Katie Hobbs’ Arizona Energy Promise Taskforce has done exactly that.

The resulting report is a significant milestone, one that Local First Arizona helped shape. Its 31 consensus-driven recommendations reflect input from 36 members, including private-sector leaders, consumer advocates, tribal representatives, nonprofits, utilities, and state agencies. Kimber Lanning, Founder & CEO served on the Governor's Arizona Energy Promise Taskforce, and Vice President of Resiliency Programs Ginger Sykes Torres contributed to one of its working committees. Such rare and broad agreement among typically divergent stakeholders is a point of serious consideration, and one we are proud to support.

Where your business banks isn’t just a financial decision — it shapes who gets access to capital in your community. Across Arizona, local businesses are often shut out of lending by the same institutions holding their deposits. Community banks and credit unions flip that model, reinvesting locally and building the relationships businesses need to grow. If you’re thinking about your next money move, building a relationship with a local banker now can open doors when it matters most.