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ASU Announces Edson Student Entrepreneur Initiative’s 2013-2014 Cohort
Date:5/22/2013

Scottsdale, AZ (PRWEB) May 22, 2013

Twenty student-led startup companies at Arizona State University will spend the next year participating in an intensive startup accelerator designed to help them execute their business models, deliver valuable products or services and create local jobs as part of ASU’s Edson Student Entrepreneur Initiative.

Each year the Edson initiative offers approximately 20 student teams up to $20,000 each in seed funding, office space, mentorship and training to launch their for-profit, more-than-profit or nonprofit ventures. The program, which is run by ASU Venture Catalyst in the Office of Knowledge Enterprise Development, is one of the largest privately funded business plan competitions at a U.S. university.

The companies were accepted into the 2013-2014 Edson cohort after participating in a highly competitive application process. This year nearly 350 teams applied, representing almost 650 ASU students from all university disciplines as well as nearly 250 non-student team members. Thirty teams were selected to pitch to an independent panel of judges comprising Valley investors, business leaders and entrepreneurs, and the top 20 companies were accepted into the Edson cohort.

The winning ventures include a housewares company that makes products for people with physical disabilities, a software platform that allows users to convert their content into downloadable eBooks, and a team developing a biosensor for on-site rapid screening of waterborne bacteria and viruses. In addition to funding, each venture will receive office space at ASU SkySong, intensive industry-specific mentorship and a number of educational opportunities designed to enable the students to advance their ventures.

The 20 student ventures in the 2012-2013 Edson cohort received numerous impressive accolades over the past year. An Edson compan
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