SparkLabs Frontier-ASU will be open to student and alumni-led startups, providing an initial cohort of six-to-eight with training, mentoring and opportunities to secure funding.

Arizona State University (ASU) has teamed up with venture fund and accelerator operator SparkLabs Group to form a four-month accelerator program for ASU’s student and alumni entrepreneurs, Phoenix Business Journal has reported. SparkLabs Frontier-ASU will be managed by the university’s Entrepreneurship and Innovation division but will be funded entirely by SparkLabs’ investors. The scheme will look to support ASU-affiliated entrepreneurs including those studying programs at its engineering, business and global management schools. SparkLabs Frontier-ASU will begin taking entries on May 13 with a view to selecting six-to-eight startups for an inaugural cohort commencing in July 2019, with each participant in line to receive training, mentoring and access to funding. There are also plans for a pre-accelerator service that would prepare ASU entrepreneurs over three-to-four months ahead of an application to join the main SparkLabs Frontier-ASU bracket. Frank Meehan, co-founder and partner at SparkLabs Group, said: “SparkLabs Frontier-ASU’s mission is to identify, nurture and scale the development and growth of outstanding startup founders from ASU’s world-leading blend of engineering, business and management talent and technology.”

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?