The city of Phoenix has approved funding for a medical technology accelerator, dubbed Innovention, which will be operated in collaboration with University of Arizona.
University of Arizona (UA) is set to operate a new medical technology accelerator called Innovention after the city council of Phoenix today approved $35,000 in seed funding for the program.
The program is a collaboration between the city and UA’s College of Medicine-Phoenix, College of Engineering, Eller College of Management and the McGuire Center for Entrepreneurship.
Approximately 12 students are expected to enter the program per semester, though this number could rise if Innovention secures foundation grants.
The facility will…