Arizona State University (ASU) has opening its doors to local entrepreneurs with its new accelerator, the Startup Mill.
Run jointly by ASU’s tech transfer office Arizona Technology Enterprises and ASU’s Office of Entrepreneurship and Innovation, the Startup Mill will look to offer the same acceleration services to entrepreneurs, linking ASU’s regional ecosystem to research and venture support on campus.
ASU has been developing rapidly on the tech transfer and innovation scene, having launched 75 spin-outs which attracted $500m in external fundraising, $76m in 2014.
Charlie Lewis, vice president of venture development at Arizona Technology Enterprises, said ASU’s recent statistics underline a “track record of success that speaks to both the quality of ASU’s research enterprise and our venture-support model. Startup Mill is an intentional effort to provide that same acceleration experience to high-potential outside entrepreneurs based in the Phoenix region.”
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