Sinema Introduces HALOS Act to Spur Growth in Arizona Startup Industry

Apr 8, 2019

Sinema’s bipartisan bill eliminates barriers to investment funding for startups
WASHINGTON – Arizona senior Senator Kyrsten Sinema today introduced in the Senate the HALOS Act, which eliminates restrictions on startups working with angel investors, making it easier for Arizona businesses to access capital and get off the ground. Sinema also championed the HALOS Act in the U.S. House of Representatives.
“A growing group of dynamic startups call our state home,” said Sinema. “Our bill makes it easier for Arizona startups to access investment funding, so they can move forward, help grow our economy, and create good-paying jobs in Arizona.”
The HALOS Act is a bipartisan bill that makes it easier for angel investors to fund startups and help these businesses establish themselves. As Arizona’s tech sector continues its growth, the HALOS Act will help dynamic companies grow and hire.