The Governor's Council on Innovation and Technology will develop and advocate programs and policies that build a dynamic business environment and foster innovation, creation, and entrepreneurial expansion of technology-based companies throughout the state of Arizona.

Goals and Objectives of the council include: 

• Develop and periodically update a blueprint for technology-based economic development in Arizona through the creation of a long-term strategic plan.
• Stimulate technology transfer among and within higher education institutions and industry, including transfers of information available from federal agencies.
• Provide the framework, and a forum for ideas, to enable Arizona to become a global leader in innovation and technology research, product development and creation.
• Monitor changes in global economic conditions that may justify a re-orientation of Arizona's technology programs.
• Identify fields of science and technology that offer potential for application in Arizona.
• Contribute toward the improvement of the state's competitiveness in attracting new science and technology businesses.
• Create reasonable policies that attract and leverage private sector venture capital investment.