Various challenges await on AzTech road to growth.(Arizona technology companies)(Brief Article)

Forming capital, finding people among needs

Technology reporter J. Craig Anderson asked people who work at or are involved with firms on this year's AzTech 50 list:

What is the biggest challenge to growth for Arizona's high-tech companies?

Edward Denison

President

Arizona Software and Internet Association

"Our biggest challenge is capital formation. Forty-three other states have state-supported venture funds to incubate and grow our early-stage companies. Arizona doesn't. We can import a skilled work force, but importing the capital is proving more elusive."

Mike Holt

Partner

KPMJ Peat Marwick …