The $872,000 job-training grant, as part of an FAA privatization contract, will help Lockheed train its new workers at the Arizona FAA center in Prescott Valley Arizona.

The training effort will carry on for approximately twenty-four months, and according to economic development officials, the jobs at Lockheed with pay an average of $65,000 per year.

This deal between Lockheed and the state of Arizona, shows us once again that the Prescott Arizona real estate market is an area that is seen as an excellent place for the growth of business, and an area that contains people with skill sets from the high tech world.

Obviously, what is happening is a big plus for the communities of Prescott and Prescott Valley. It will benefit the entire community, and there’s been quite a bit of excitement on the part of the folks in the Prescott Valley Economic Development Foundation who see this as just another step in an ongoing process of growth that this area has been experiencing at a steady rate over the last dozen or so years.

It’s important to know that Arizona already has major aerospace and avaiation operations. Companies such as Raythoen, US Airways, Boeing, Honeywell and Southwest Airlines have found and experience the benefits found in setting up shop here.

When considering buying a home in the Prescott Arizona real estate market, please take some time to research all of the opportunities that exist in this area. You’ll be pleasantly surprised to find opportunities exist here that most people are unable to discover or want to invest the time in looking for.

Prescott has been recently noted as the sixth emerging city for small town entreprenuers by “Cities Ranked and Rated”, a book recently released by Peter Sander and Bert Sperling. Sperling, a noted expert in the documentation of cities in the US has a website that details Prescott Arizona (click on economy link).

When in comes to purchasing a home in the Prescott Arizona real estate market, or any other small to mid-sized housing market, it’s always important to get an idea of the health of the business community in the area. If this specific item is of importance for you, we strongly advise that you do as much research about the economic and business development projects and current status.

According to Jane Bristol, economic development coordinator for the city of Prescott, the city has all of the necessary elements for a small business to flourish.

Many of the people who are relocating to Prescott are skilled employees from a wide array of industries, giving small business owners setting up shop in town access to a pool of qualified workers.

Being the seat of Yavapai County, small business owners have easy access to all of the regulatory departments needed for opening, moving and expanding their business.

Access to high-tech trained employees

Visual Pathways, Inc., a small business located in Prescott Arizona, with world wide reach as a manufacturer of optical diagnostic equipment was able to find most of its high-tech trained employees in town. Although Tom Cornsweet, the senior president and chief scientific officer for the company was astounded, they are becoming standard instead of the exception to the rule.