Industries That Thrive In Las Vegas

Advanced Manufacturing Hub of the Future

Advanced manufacturers will feel at home in Southern Nevada, with the state’s competitive corporate tax rates and business-friendly regulations. The Las Vegas valley is situated near major West Coast markets like Los Angeles, Phoenix, and Salt Lake City, with more than 64 million customers within a two-days drive of the city. The region also has a growing workforce trained in advanced manufacturing, supported by programs at the College of Southern Nevada and the Clark County School District. State tax incentives and workforce training grants also make it easy to set up shop in Southern Nevada.

What Happens Here Can Charge the World

Nevada is a national leader in clean energy, ranking in the top ten nationally for both clean energy job creation and investment. More than two dozen clean energy companies already call Las Vegas home, with additional institutes and organizations providing research and development, resources and support. You’ll also have community support for your project – the state, county, cities, and the resorts have all committed to clean energy transitions, leading to ample partnership opportunities.

Las Vegas Emerges as the Next Big Sports Market

Las Vegas economy is the fastest growing professional sports market in the U.S., and is home to four major league sports teams, multiple minor league teams, UFC’s headquarters and multiple large event venues that play host to the nation’s biggest sporting events. With the global sports technology market expected to reach $79.2 billion by 2023, there is a huge opportunity for sports tech companies to grow alongside Las Vegas’ growing sports economy. 

Las Vegas is a Processing Powerhouse

Las Vegas, renowned for its vibrant entertainment industry and bustling nightlife, has emerged as a dynamic hub for fintech and payments. As the hospitality industry continues to move towards cashless payments, being in Las Vegas provides direct access to one of the largest hospitality hubs in the world. Plus, Las Vegas’ geographic location and stable infrastructure support high-volume, high-availability data centers.

Advancing science and medical research to improve lives globally

The Las Vegas economy is booming, with Nevada seeing a 22% growth in the biotech industry since 2018, twice the national growth rate. The state boasts more than 9,400 jobs across 1,000+ biotech companies in healthcare, therapeutics, and pharmaceuticals and there is a huge opportunity for continued growth. The region has a strong research backbone with UNLV being a R1 research institution, and Roseman University of Health Sciences housing 64,000 square feet of state-of-the-art research and wet lab space.